Understanding how to earn and redeem Chase Ultimate Rewards with maximum value is crucial to being successful with points and miles. Chase’s transferable-point currency is one of the most powerful out there thanks to the many different ways to use them.
Along with American Express Membership Rewards and Citi ThankYou Points, Ultimate Rewards provide more lucrative bonuses to earn points as well as flexibility when redeeming for travel.
By the end of this article, you’ll know all of the ways to earn Chase Ultimate Rewards and the best way to maximize their use.
How to Earn Chase Ultimate Rewards?
You can’t use Chase Ultimate Rewards for free travel if you don’t have them. So, let’s learn about the many different ways to earn them.
Go Get Yourself a Chase Credit Card
In our Beginner’s Guide, we tell you that the easiest way to earn points and miles is through credit card spending. The same is true with Chase Ultimate Rewards.
There are many different credit cards that will earn Chase Ultimate Rewards.
- Chase Sapphire Reserve – $550 annual fee (3x on travel and restaurants)
- Chase Sapphire Preferred – $95 annual fee (2x on travel and restaurants)
- Chase Ink Business Preferred – $95 annual fee (3x on travel, shipping purchases, internet/cable/phone services, advertising purchases with search engines and social media sites)
Similarly, the following credit cards earn cash back, however, when paired with one of the above Ultimate Reward earning card, the points and can transferred to Ultimate Rewards.
- Chase Ink Business Cash – No annual fee (5x at office supplies stores, internet, cable, and phone services; 2x on gas stations and restaurants.
- Chase Freedom – No annual fee (5x on rotating categories)
- Chase Freedom Unlimited – No annual fee (1.5x on all purchases)
As you can see, there are a number of different credit cards that earn different amounts of bonus points for different categories of spending. Go get yourself one of these credit cards (or three!) and start earning Ultimate Rewards.
Use Shop through Chase
Using Shop through Chase is very similar to many of the airline shopping portals. Access whatever online store you want to shop at through Chase and they will award you bonus Chase Ultimate Rewards. However, the one difference is that in order to use the shopping portal you must have a Chase credit card and use it for the purchase
You can see just a peek at the many different online stores that are associated with Chase’s shopping portal. The other thing to remember is the shopping portals bonus is in addition to the credit card bonus.
For example, if you shopped at the Nike online store using your Chase Freedom Unlimited card, as long as you used the above link, you would earn three points per dollar (seen above) in addition to the 1.5x points you will earn by using your credit card.
Take Advantage of the Chase Trifecta
We cover the Chase Trifecta in more detail here, however, the Chase Trifecta is the best way to earn Chase Ultimate Rewards. By strategically using different credit cards, you can earn at least 1.5x points for every dollar you spend.
Pick up the Chase Sapphire Reserve, Chase Freedom Unlimited and Chase Freedom card, and you’ll be getting a really good return for your spend.
The Chase Trifecta has been the reason I’ve been able to take many trips, including my honeymoon to Jamaica.
Tracking Bonus Categories Online
For the Chase cards that have a maximum bonus limit, tracking your bonus categories online is important. For example, the Chase Freedom card only allows you to earn 5x points on the first $1,500 spent per quarter.
As you can see, the website shows the cardholder where they are on quarterly spending. In this case, the entire $1,500 allotment is left.
The two Chase Ink business cards are the other cards that have limits on bonus earnings.
The Chase Ink Cash card has two limits. First, it has a $25,000 annual limit on earning 5% cashback at office supply stores and on internet, cable and phone services. Secondly, there is a $25,000 annual limit on combined purchases at gas stations and restaurants each year, as well.
The Chase Ink Preferred card has one limit: A $150,000 annual limit on combined purchases on earning 3x on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines.
It’s a little harder to know the amounts with the Chase Ink business cards as there isn’t a specific bonus tracker, but Chase does have a category spending breakdown on the spending dashboard.
Earn Points With Chase Refer-A-Friend
Earning points isn’t limited to spending money, but Chase allows you to earn referral bonuses if your friends or family get a credit card and apply through your link.
What does this mean? It means that if you apply for the Chase Freedom Unlimited card using THIS LINK, I’ll earn $100 cashback (or 10,000 Chase Ultimate Rewards). By the way, if you’re in the market for a Chase Freedom Unlimited card, we would really appreciate you using that link.
Now, unfortunately, Chase doesn’t allow you to earn referral points for every card. For instance, if you get the “We are unable to locate any offers for you at this time” message, it means that you can’t currently earn a referral bonus for that card. Also, there is a limit per card, per calendar year. For this card, the limit is five referrals per year ($500 cash back, $100 cash back per referral).
Finally, while we’re at it, Chase also issues other co-branded credit cards that don’t earn Ultimate Rewards. Examples of these cards are the World of Hyatt Credit Card or the IHG Rewards Club Credit Card. You can earn referral points or miles (dependent on the co-branded company) for some of those as well! Oh, that link works too!
Ways to Redeem Chase Ultimate Rewards
Now for the fun part – let’s learn how to redeem your Chase Ultimate Rewards for free travel. The reason why Ultimate Rewards are arguably the best transferable-point currency out there is because of the many different ways to redeem them.
The two most popular ways to redeem those points are through the transfer partners or through the Chase Travel Portal. However, there are other ways to redeem as well, albeit not nearly as lucrative. Cardholders are also able to redeem points for gift cards (don’t do this!), using points when shopping at Amazon (don’t do this!) or even cash back (don’t do this!).
Chase Transfer Partners (Airline & Hotels)
Redeeming Chase Ultimate Rewards with the many airline or hotel transfer partners is a great way to get good value. All of the transfer partners have 1:1 ratios meaning one Ultimate Reward equals one point of a transfer partner.
|Chase Travel Partner||Estimated Transfer Time|
|Singapore Airlines||1-2 days|
Before transferring points, you must be sure you want to transfer those points. Once they’re transferred, they’re transferred. There’s no going back. If you have your eye set on a specific redemption, it can be worth calling the hotel or airline to confirm availability and transferring the Ultimate Rewards while you are on the phone.
We even put together an article of our favorite Chase Ultimate Reward airfare redemptions!
How to Transfer Points from Chase to Partners
When you go to your Chase Ultimate Rewards dashboard, you’re looking for the Transfer to Travel Partners button.
After clicking that, you will see all of your linked frequent travel programs. As you can see, I have just two saved frequent travel programs: World of Hyatt and Southwest Rapid Rewards. There’s another option of this screen to add frequent travel programs, as well.
Once you click the frequent travel program you want to use, you will net be asked how many points you would like to transfer. It will also allow you to confirm you are transferring your points to the correct account.
Finally, clicking continue will bring you to a confirmation screen before the points are instantly transferred. Remember, you are unable to get these points back once you transfer them!
Transferring Ultimate Rewards to Someone Else’s Account
Here’s a question that always comes up: Are you able to transfer your Chase Ultimate Rewards to a friend’s frequent traveler account?
Short answer is no, however, there is one exception.
If your spouse or domestic partner is an authorized user living at the same address, you are able to make the transfer. For example, if you want to transfer Chase Ultimate Rewards to your spouse’s World of Hyatt account, your spouse must be listed as an authorized user on one of your Chase credit cards.
Chase Travel Portal
Alternatively, Chase Ultimate Rewards can also be redeemed through the Chase Travel Portal. The portal is very similar to an online site such as Expedia.com. In fact, the Chase Travel Portal is actually powered by Expedia so it’s very similar to Expedia!
Points can be redeemed at different values. As you can see, holding the Chase Sapphire Reserve gives cardholders the most value – 1.5 cents per point!
- 1 cent per point: Chase Freedom, Chase Freedom Unlimited, Ink Business Unlimited Credit Card, Ink Business Cash Credit Card.
- 1.25 cents per point: Chase Sapphire Preferred Card, Ink Business Preferred Credit Card.
- 1.5 cents per point: Chase Sapphire Reserve
The best part about the Chase Travel Portal is that you can use both Chase Ultimate Rewards and money to book flights. As you can see here, I booked a hotel in Whistler, BC and covered the entire stay using points.
We planned an entire trip to Thailand and used the Chase Travel Portal to book many of our hotels.
Things to Consider When Using Chase Travel Portal
There are several things to keep in mind when using the Chase Travel Portal to book your travel.
First, when booking hotels, keep in mind that you will not receive benefits of your hotel elite status OR earn any nights and points toward elite status. The portal is treated as a third-party site. If you want elite benefits, it would be best not to use the Chase Travel Portal. You can typically earn redeemable airline miles and elite-qualifying miles when you book airfare with Chase.
Secondly, make sure it’s cheaper to use the travel portal instead of transferring points to an airline or hotel transfer partner. For example, if a flight on United Airlines costs 22,000 points via the travel portal, but costs only 17,500 United MileagePlus miles, it would make more sense to transfer your Chase Ultimate Rewards to United Airlines instead.
And, finally, check prices before booking. From time to time, prices can be higher on the portal than on other places on the internet. Just don’t make sure you’re getting ripped off!
Other Redemption Options
There is also an option to redeem points for gift cards, using points when shopping at Amazon or even just straight cash. However, these typically aren’t great ideas as you are going to get no more than .01 per point.
Redeeming for Gift Cards
There are many different gift cards that you can redeem points for. In general, this isn’t going to be a great option as you’re going to be getting around or less than one cent per point of value.
With that said, if your account is closing, if you can get more than one cent per point, it’s better than not getting anything for your points.
Shopping at Amazon
Cardholders can also use their Chase Ultimate Rewards with Amazon. Similar to gift cards, this typically isn’t a good value. However, from time to time, Amazon and Chase will run deals and give 20% off an entire purchase if Ultimate Rewards are used. When this happens, you can use just a single Chase Ultimate Reward (.01 cents worth) and get 20% off the order.
As we covered, several of the Chase credit cards that we suggest are cashback credit cards. Only when paired with a Chase card that earns Ultimate Rewards, are Ultimate Rewards possible. However, all of the Chase credit cards we mentioned are eligible to earn cash back.
This isn’t a great option, though, as the cardholder will get just one point per dollar. For each card, you can access the cashback option under the dashboard.
Strategies to Maximize Chase Ultimate Rewards Redemptions
Combine Ultimate Rewards Between Different Cards
If you have multiple Ultimate Reward-earning credit cards (like the Chase Trifecta!), you need to combine your points to your Sapphire card. As we mentioned above, cards like the Chase Freedom and Chase Freedom Unlimited technically earn cashback.
Unlike when transferring Ultimate Rewards to partners, you aren’t restricted to 1,000-point increments. You are able to transfer exact amounts in order to clear out your entire balance from certain cards.
However, if you have an Ultimate Reward earning card like the Sapphire Reserve, you can combine your cash back into Ultimate Rewards taking it’s the value from 1 cent per point to 1.5 cents per point (or 1.25 cents if you have the Sapphire Preferred).
In other words, this can give you 50 percent more when redeeming travel through the Chase Travel Portal. More on that next.
Transferring to Another Person’s Account
Believe it or not, Chase allows you to transfer Ultimate Rewards to one member of your household. For example, if you’re married, you can transfer your Ultimate Rewards (or cashback) to your spouse.
It isn’t worth risking this either. If someone isn’t actually a member of your household, Chase could close all of your account and take all of your Ultimate Rewards. Don’t mess around.
Transferring Ultimate Rewards to your spouse works the same way as combining points. Your spouse’s card would go in the right column and you would transfer those points to their card.
Doing this could make sense for several reasons.
- Topping off the Chase Ultimate Reward balance in one of your accounts to make a specific redemption.
- Choosing to close an account and you do not want to lose the points
- Wanting to take advantage of maximum redemption and your spouse has the Chase Sapphire Reserve where each Ultimate Reward point is worth 1.5 cents.
- You do not have an Ultimate-Reward earning credit card, but your spouse does, and you want to use the Chase Travel Portal or transfer partners.
Get Top Value in Chase Travel Portal
This one is pretty simple. If you have the Chase Sapphire Preferred, each Chase Ultimate Reward is worth 1.25 cents. However, if you have the Chase Sapphire Reserve, each point is worth 1.5 cents.
To put this in perspective, if you’re redeeming Ultimate Rewards for $1,000 worth of hotel stays, it would cost the following:
- 100,000 points: Chase Freedom Unlimted (without an Ultimate Reward earning card)
- 80,000 points: Chase Sapphire Preferred
- 66,667 points: Chase Sapphire Reserve
As you can see, there’s a lot of value to be had there. With all that said, if you aren’t planning to utilize the travel portal to use your Chase Ultimate Rewards, it shouldn’t be that much of a factor in your decision.
Take Advantage of High-Value Transfer Partners
As mentioned above, Chase has a number of different airline and hotel transfer partners. To get the maximum return from your Ultimate Rewards, it’s important to use the high-value transfer partners.
To start off, Hyatt is one of the best transfer partners mostly due to their reasonable redemptions rates. Hyatt’s award rates are broken down by categories. Category 1 properties at just 5,000 points, while category 8 properties cap out at 40,000 points.
In other words, Hyatt’s highest redemption rate is half of the high redemptions of IHG or Marriott. This makes it a great value to those who want their Chase Ultimate Rewards to go further.
Because British Airways still operates with a distance-based award chart, there are some sweet spots here. As a result, for flights under 1,151 miles within North America, you can get a one-way flight for just 9,000 Chase Ultimate Rewards. Once your points have been transferred to British Airways Avios, you can get use them to book flights on American Airlines through British Airways.
Go Earn and Redeem Chase Ultimate Rewards
So, there you have it. That’s the best guide we could put together about Chase Ultimate Rewards. Now that you know how to earn them – and spend them – start thinking about your next travel destination! And be sure to let us know if you have any questions!
Chase Trifecta: Easily Earn Ultimate Rewards
The Chase Trifecta is the quickest way to earn Chase Ultimate Rewards. Everyday people can take advantage of different earning bonuses across three cards.
Activate Discover Cashback Bonus Categories
Even though we write about points and miles, earning 5% cashback can still be valuable. The second quarter Discover Cashback categories are gas stations, Uber, Lyft and wholesale clubs.
Activate Q3 Chase Freedom Bonus Categories
Chase has announced the Chase Freedom Bonus Categories for the third quarter of the year. The categories are Amazon.com and Whole Foods.
Best Ways to Maximize Purchases at Amazon
Because of the amount of money many people spend at Amazon, we will explore the best ways to maximize purchases with credit cards and cash back portals.
Why Rakuten Is the Best for Cash Back
It might have a funny name that's impossible to pronounce, but the Rakuten shopping portal is one of the best out there right now.