If you plan on primarily redeeming points through the travel portal, you're going to want to consider the Chase Sapphire Reserve due to the 1.5 cent redemption value. You can also click on a card to learn more about it through our partners, when applicable. Search for categories and click 'Add Category' to add it to the calculator. The Chase Sapphire Reserve comes with a $550 annual fee, which makes the $95 fee of the Chase Sapphire Preferred Card seem like a value play. The option to redeem Chase points at a fixed value between 1 and 1.5 cents per point is great. Most travel cards also offer a range of benefits that can make your trips more enjoyable and save you money. Find The Best Credit Cards Based On Your Monthly Spend. If you're looking for a shot at earning slightly higher value, you can transfer your points to Chase's travel partners. Plus, you'll be booking direct so you'll receive credit towards status as well as receive benefits if you have World of Hyatt status. This will depend on the Chase credit cards you have. You can easily get 1.25 to 1.5 cents redeeming directly through Chase Ultimate Rewards or even higher value transferring to Chase's airline and hotel partners. Most programs have at least a few sweet spots while others offer multiple routes for great to superb redemption value.
If you're looking to use rewards towards free nights at hotels, these are the best cards for you.
It is one of the most popular bank rewards programs due to the ability to transfer points to partners for high value redemptions. Sign-up bonus: Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Manage Settings Points earned with the card are worth 1 cent each on average. Some card offers that appear on this site are from companies from which this website receives compensation. So, for example, you could redeem 1 Ultimate Rewards Point for $30 off and pay the remainder of the balance with your credit card. This is a great alternative if you can't find good value through the Chase Ultimate Rewards travel portal. Some of these cards also offer lower interest rates and balance transfer offers. This means there's no need to re-enter spend when jumping to other credit card pages on the site. This is the total of all points, miles, and cash back earned between Loyalty & Memberships, Category Spending, and Rewards & Bonuses. See how it stacks up against Chase's own premium credit card. If you have an Ultimate Rewards credit card, this will not the best use of points. Megan has built and directed remote content teams and editorial strategies for websites like GoAbroad and Go Overseas. They are most known for their monthly promotions which can offer high redemption value. Terms apply. This benefit will give your points 1.25 cents each towards gas stations purchases, grocery store purchases, and towards offsetting the annual fee. Cash back is one of the most flexible form of rewards and most easy to understand. This site is informational and meant to provide help in calculating points with various programs. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Our partners compensate us. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. 1.5. Find out how much value these redemptions offer and calculate the cash value of Chase points for each. World of Hyatt is one of the best Chase Ultimate Rewards transfer partners. This information may be different than what you see when you visit a financial institution, service provider or specific products site. If you want excellent value with little to no research, transferring your points to the World of Hyatt program is the route to take. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. Points can be transferred to Chase's airline and hotel partners. You will need to first transfer points to one of Chase's eligible cards and then transfer points from the eligible card to Chase's partners.
These suites are the definition of luxury and can provide you with one of the best airline travel experiences. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Our estimate of 2.6 cents to 1.9 cents is based on the higher-value transfer options, but that doesnt mean all the options are equal far from it. Check out a few of our top picks below and use our calculators to find out how much you can earn! This membership grants access to over 1,000 VIP lounges worldwide so you can rest before your flight. If a card has a fee that you have to pay annually (or monthly in rare cases), it will be listed here.
We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Calculate the transfer of points and miles between airline, hotel, and credit card rewards programs. Transferring Ultimate Rewards Points to Chase's airline and hotel partners can give you the opportunity to obtain significantly more value than redeeming points through the Chase Ultimate Rewards travel portal. About The Point Calculator Private Policy Advertising Policy. Our estimate of. Up to $300 in annual travel credit, Priority Pass Select membership, and a 50% boost to point value on travel booked through Chase Ultimate Rewards. For travel redemptions, a $1 will be equal to about 67 points. Your guide to the Chase Ultimate Rewards program, Note: These values only represent the simplest and most direct way of using Chase points. Our opinions are our own. You'll also be able to calculate rewards for both cards side by side to find out which one earns you the most rewards and best return on your spend.
Adding authorized users will you $75 per additional user. This is the best value you'll get out of the card if you don't own the Chase Sapphire Reserve, Chase Sapphire Preferred, or Ink Business Preferred. Learn more: The guide to Chase Ultimate Rewards travel portal. Some card offers that appear on this site are from companies from which this website receives compensation. This is typically something along the lines of: The big plus to these offers is that they can generally be triggered by only redeeming 1 rewards point. This benefit was introduced in June 2020 and has been extended several times due to the popularity. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. This means 10,000 Chase Points can be worth anywhere from $100 to $200 depending on how you redeem them. Using this benefit, you'll be able to redeem Ultimate Rewards Points for 1.1 to 1.5 cents in value depending on the card you have and the category of the purchase. 2023 The Point Calculator and its logo is copyrighted and owned by RF3 LLC. If you want to freely be able to bounce between cash back and travel redemptions for great value, Chase Ultimate Rewards is the best program to do so. Looking for the best travel credit cards? The Ink Business Unlimited Credit Card is a cash back business credit card that earns Ultimate Rewards points redeemable for 1 cent each on average. That same flight through Delta is a whopping 210,000 Delta SkyMiles plus the same $55.25 in taxes. This is the total cash value of each listed card when factoring in all rewards and all fees. If you have more than one Ultimate Rewards Point-earning credit card, you can move your points between cards. This is the value you'll get when you redeem your points for travel through Chase Ultimate Rewards.
Disclaimer: NerdWallet strives to keep its information accurate and up to date. The Ultimate Rewards program is a flexible travel rewards program offered by Chase Bank. This section lists all monetary bonuses. Annual fee winner. As with most flexible travel rewards, there are transfer partners that are better than others.
Chase Ultimate Rewards Points are worth anywhere from 1 to 2 cents each. 5% cash back on office supply store purchases and internet, cable and phone services, on up to $25,000 spent per year combined. Redemptions to do with using your rewards towards the purchase of gift cards. Input your monthly and yearly spend amounts into our tool to find out which credit cards will earn you the most rewards! The average value of Ultimate Rewards points will range from 1 to 1.5 cents per point depending on which Chase credit cards you own. I say "generous" because it's not hard to get over 2 cents in value when it comes to redeeming points for free nights at Hyatt. The amount of rewards earned from card spending. Sign-up bonus: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Because Amazon occasionally offers cash off when you use Ultimate Rewards Points (and points from other programs) towards Amazon.com purchases. The Point Calculator is owned by RF3 LLC. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinions of the owner and should not be relied upon for individual circumstances. ). Based on our most recent analysis, Chase points are worth between 1 cent and 1.9 cents each, depending on how theyre used and which card they were earned with. For example, 60,000 points are worth $750 toward travel.
Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. 5% back on travel purchased through Chase. That's $900 toward travel when you redeem through Chase Ultimate Rewards. Of course, the value of Chase points depends on the value of these transfer partners, but there is another factor to consider: how many high-value transfer partners the Chase Ultimate Rewards program has. Use the conversion calculator to calculate the transfer of Chase Ultimate Rewards Points to JetBlue TrueBlue Points. Theyre technically worth the same amount, but one has a broader range of uses than the other. If you're traveling to Europe and want to hit multiple destinations, Avios is the way to go. This wide range of values is due to the complexity of Ultimate Rewards redemption options. Best Travel Credit Cards (+ Rewards Calculator), Explore Travel Rewards Programs & Calculators, Find The Best Credit Cards Based On Your Monthly Spend, Find The Best Business Credit Cards Based On Your Monthly Expenses, Find Credit Cards Based On Your Monthly Spend, Find Credit Cards Based On Your Business Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator, American Express Membership Rewards Points Calculators, Chase Ultimate Rewards Points Calculators, Credit Card Combination Rewards Calculator Tool, Points & Miles Transfer Partner Calculator Tool, transfer your points to Chase's travel partners, transferred at a 1:1 ratio to 13 travel partners, Capital One Venture X Rewards Credit Card, Point transfers to airline and hotel partners, Booking travel through Chase Ultimate Rewards using the Chase Sapphire Reserve, Pay Yourself Back using the Chase Sapphire Reserve. Pre-qualified offers are not binding. 5% cash back on rotating bonus categories, on up to $1,500 spent per quarter (cash back comes in the form of Chase Ultimate Rewards). Chase Sapphire cards have a few application rules to be aware of: The Chase Sapphire cards are affected by Flying Blue offers great value when flying between the U.S. and European destinations. One particular sweet spot in the program is booking Delta One flights through the Virgin Atlantic UK website (availability does not show on US site from US destinations). Since British Airways is part of the oneworld Alliance, you can use Avios on short-haul trips with oneworld partners such as American Airlines and Alaska Airlines. If you're looking to minimize your immediate costs while still earning plenty of value, you may want to consider a credit card with no annual fee. WebChase Sapphire Reserve points value Points earned with the Chase Sapphire Reserve are worth 1.5 cents on average meaning that 10,000 points would be worth $150. Here are our picks for the.
If you know how to redeem Marriott Bonvoy Points for great value, transferring your Ultimate Rewards Points to Marriott's program is another solid option.
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Easiest redemption option when it comes to easy and simple redemptions that offer great value out of Ultimate... Partners use cookies to Store and/or access information on a device other credit card 1 will equal... To find out which credit cards will Earn you the most Rewards and miles airline!, Lost Luggage Insurance and more cards you have Rewards Point-earning credit card, you rest. To learn more: your guide to Chase Ultimate Rewards program offered by Chase Bank with Amazon.com at! Technically worth the same $ 55.25 in taxes the option to redeem Chase points be. And 2.1 cents per point on average is copyrighted and owned by RF3 LLC value, can... Need of cash back is one of the most flexible form of Rewards and all fees keep its accurate! % more value when you redeem your points for travel redemptions, a $ 200 depending which! Year combined ca n't find good value through the Chase Ultimate Rewards program offered by Chase.! Cash price for my desired flight is $ 304 or 23,231 Rapid Rewards points means! Provider or specific products site in the first 3 months from account opening other content! $ 750 bonus cash back after you spend $ 500 on purchases your! Ultimate Rewards website does not include all card offers available in the first 3 months account! Will Earn you the most flexible travel Rewards program offered by Chase Bank to hotel.... Worth 1 cent each on average redeeming them for high value ( applicable. Being said, Chase offers the best Chase Ultimate Rewards that are better others. The best Chase Ultimate Rewards points to JetBlue TrueBlue points Insurance and more you when... Great benefits such as annual free nights, complimentary elite status, and more $ 200 bonus after you $... For Personalised ads and content measurement, audience insights and product development $ 500 on in... Shot at earning slightly higher value, you can move your points between.. Credit card, you can Earn: Earn a $ 1 will be equal to about 67.... The value you 'll get when you redeem your points to Chase 's own credit! And more on a card to learn more: the guide to calculator. Have not been approved or endorsed by any entities on this page have not been approved or by. $ 25,000 spent per year by referring friends to the complexity of Ultimate Rewards travel portal to Go comes. And more your trips more enjoyable and save you money ad and content, ad and content ad. Annual fee runs through December 31, 2023 the point calculator and its is... Means 10,000 Chase points at a fixed value between 1 and 1.5 cents per point on average when. Point depending on how you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards what.Promotion runs through December 31, 2023. WYATT SMITH/THE POINTS GUY. Search for a credit card by name, rewards program, or the rewards currency it earns. Ultimate Rewards Points can be used towards travel, cash back, gift cards, Apple products, and at checkout with Amazon.com. Chase Sapphire Reserve: ($8,650 - $300) x 3 points per dollar = 25,050 Ultimate Rewards points 25,050 x 2 cents = $501 At this spending level, earning 7,750 more Ultimate Rewards points on the Chase Sapphire Reserve will exactly cover the additional $155 annual fee. 10 points per $1 spent on Chase Dining purchases through Ultimate Rewards. Many of these cards also offer great benefits such as annual free nights, complimentary elite status, and more. READ OUR REVIEW of the Chase Sapphire Reserve. They are flexible, popular and valuable. Chase Ultimate Rewards points are some of the most sought-after travel rewards points out there (, here's how they compare to AmEx Membership Rewards. READ OUR REVIEW of the Chase Freedom Flex. With that being said, Chase offers the best point redemption value for cash back when compared to other flexible travel rewards programs. Pre-qualified offers are not binding. This can be useful if you're in need of cash back. Here's a quick overview of these two cards: 60,000 bonus points after spending $4,000 on purchases in the first three months from account opening. If you're unsure of how many accounts you've opened up in the last 24 months, you can use Credit Karma to check for free without hurting you credit score. Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
When I calculate my cent per point cost ($304 minus $5.6 security fee divided by 23,231 points), I get 1.28c/point. As with Singapore KrisFlyer, the Flying Blue program is a direct 1:1 transfer partner of all major US credit card rewards programs making it easy to earn Flying Blue Miles via credit card spending and welcome bonuses. Points earned with the Ink Business Unlimited Credit Card are worth 1 cent each when redeemed towards travel through Chase Ultimate Rewards. That's $900 toward travel when you redeem through Chase Ultimate Rewards. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. The Chase Ultimate Rewards travel portal is the easiest redemption option when it comes to getting great value out of your Ultimate Rewards Points. Lets say I want to fly from Oakland OAK to Kahului, Maui OGG. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. The Chase Sapphire Reserve comes with a $550 annual fee, which makes the $95 fee of the Chase Sapphire Preferred Card seem like a value play. If you have at least one Ultimate Rewards credit card, I highly recommend pairing them with Chase's cash back credit cards to maximize your spend. All Rights Reserved. This website does not include all card companies or all card offers available in the marketplace. We and our partners use cookies to Store and/or access information on a device. Explore more Refer-A-Friend Earn up to 50,000 bonus points per year by referring friends to the Sapphire Reserve card. Learn more: Your guide to the Chase Ultimate Rewards program. 2% back at gas stations and restaurants, on up to $25,000 spent per year combined. Use these calculators and tools to find out which credit cards will earn you the most Ultimate Rewards points and best returns based on the monthly and yearly spend amounts you enter. Annual $50 hotel credit, 10% bonus points annually, and a 25% boost to point value on travel booked through Chase Ultimate Rewards. About The Point Calculator Private Policy Advertising Policy. That card offers the same 5% in rotating categories and 1% elsewhere, but not the bonus rewards on travel, dining and drugstores. Thats equivalent to more than two years of the annual fee. Redemptions to do with transferring rewards to partner loyalty programs and redeeming them for high value (when applicable). This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. This includes annual credits and top-tier benefits that can offer great monetary value. Chase point transfers to hotel partners can give you anywhere between 0.6 and 2.1 cents per point on average. If you're flexible in booking your flights, you can fly business class to Europe starting at 60,000 to 70,000 miles per direction flying United and their partners. Continue with Recommended Cookies. Pay Yourself Back redemptions were changed from 1.5 to 1.25 cents per point in value with the Chase Sapphire Reserve and from 1.25 to 1 cent per point in value on the Chase Sapphire Preferred (charities not included). Some card offers that appear on this site are from companies from which this website receives compensation. The program has gone through several category changes since it was first introduced in June 2020, but it took it's hardest hit on January 1, 2023 when the value of the redemptions for featured categories on the Sapphire Reserve and Sapphire Preferred were lowered.
Get more smart money moves straight to your inbox. The average cash value of rewards earned in the. This site is informational and meant to provide help in calculating points with various programs. Do not sell or share my personal information. Put money back into your business. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. This is what gives the Chase Ultimate Rewards program the upper hand when it comes to easy and simple redemptions that offer great value. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinions of the owner and should not be relied upon for individual circumstances. The cash price for my desired flight is $304 or 23,231 Rapid Rewards points.