Chase Ultimate Rewards
Reference page: redemption value benchmarks, transfer paths, earning options, and program rules.
Chase Ultimate Rewards value by redemption method
Cents per point (CPP) for each redemption method, sourced from real award pricing and cash fares. Min reflects worst reasonable bookings (peak pricing, surcharges); typical is an informed-user average; max is a documented sweet spot.
| Redemption method | Min | Typical | Max | Notes |
|---|---|---|---|---|
| Transfer → Business Class | 2.0¢ | 3.5¢ | 6.2¢ | Polaris saver 60k=$3.5k(5.8¢), 80k=$5k(6.2¢). Dynamic 140-200k reduces to 2.5-2.8¢ |
| Transfer → First Class | 2.5¢ | 5.0¢ | 12.9¢ | SQ Suites via KrisFlyer 92k=$12k(12.9¢). Partner F 150-200k for $8-12k |
| Transfer → Economy | 1.1¢ | 1.5¢ | 2.0¢ | Avianca economy sweet spots, United saver |
| Transfer → Premium Economy | 1.3¢ | 1.8¢ | 2.5¢ | 45-60k for $1.2-1.8k fares. 50% more pts than economy, 2x cash value |
| Transfer → Hotel Award | 1.3¢ | 2.2¢ | 3.6¢ | Hyatt: Park Hyatt 40-55k=$1-2k. May 2026 chart compressed CPP 30%+ |
| Travel Portal Booking | 1.0¢ | 1.0¢ | 2.0¢ | Baseline 1.0¢ (June 2025 change). Points Boost up to 2.0¢ on select bookings |
| Statement Credit / Cash Back | 1.0¢ | 1.0¢ | 1.0¢ | 1¢ cash back |
Cards that earn Chase Ultimate Rewards
Credit cards with Chase Ultimate Rewards as their primary rewards currency, listed alphabetically by issuer. Annual fees and welcome offers reflect current published pricing. Verify directly with the issuer before applying.
Where Chase Ultimate Rewards transfers out
Chase Ultimate Rewards transfers to the following airline and hotel loyalty partners. Ratios show how many partner points you receive per Chase Ultimate Rewards point. Click a partner to view its program reference page.
| Partner | Ratio | Min transfer | Processing | Notes |
|---|---|---|---|---|
| United MileagePlus | 1 : 1 | 1,000 | Instant | — |
| Southwest Rapid Rewards | 1 : 1 | 1,000 | Instant | — |
| British Airways Avios | 1 : 1 | 1,000 | Instant | — |
| Iberia Plus | 1 : 1 | 1,000 | Instant | — |
| Aer Lingus AerClub | 1 : 1 | 1,000 | Instant | — |
| Air France/KLM Flying Blue | 1 : 1 | 1,000 | Instant | — |
| Singapore KrisFlyer | 1 : 1 | 1,000 | 1 day | — |
| Air Canada Aeroplan | 1 : 1 | 1,000 | Instant | — |
| JetBlue TrueBlue | 1 : 1 | 1,000 | Instant | — |
| Virgin Atlantic Flying Club | 1 : 1 | 1,000 | Instant | — |
| World of Hyatt | 1 : 1 | 1,000 | Instant | — |
| Marriott Bonvoy | 1 : 1 | 1,000 | 2 days | — |
| IHG One Rewards | 1 : 1 | 1,000 | 1 day | — |
| Wyndham Rewards | 1 : 1 | 1,000 | 2 days | Added Feb 2026 |
Documented Chase Ultimate Rewards sweet spots
Specific award pricing examples that historically deliver high cents-per-point value. Availability varies. These are reference examples, not live availability.
Singapore Suites JFK→Frankfurt→Singapore
- • Book via Singapore Airlines website
- • Only available on A380 routes
Iberia Business US→Spain Off-Peak
- • Book on iberia.com using Avios
- • Off-peak calendar covers Jan-Mar and Oct-Nov
Aeroplan Business US→Europe with Free Stopover
- • Book on aeroplan.com
- • Add a free stopover on round-trip awards, effectively two trips in one booking
Swiss First US→Zurich via Aeroplan
- • Search on Aeroplan.com or United.com
- • LX F has only 8 seats, availability is tight
All Nippon Business US→Japan via United
- • Book via United.com as partner award
- • No fuel surcharges through United
United Polaris US→Japan
- • Book on united.com
- • SFO-NRT and SFO-HND are common routes
Chase Ultimate Rewards expiration rules
Chase Ultimate Rewards points never expire as long as your account is open and in good standing.
- • Points forfeited if account is closed — transfer to another Chase card first
Frequently asked questions
See what your portfolio is actually worth.
PointAlchemy doesn't tell you which card to get or chase live award availability. We show you the math on your own spend, balances, and benefits. Then you decide.