The honest Chase Ultimate Rewards guide
Planning baseline ~1c per point. Higher estimate ~2c requires a suitable available redemption; neither is guaranteed.
Honest floor
1c
per point
Achievable
2c
motivated redeemer
Airline partners
9
1:1 unless noted
We use 1c for cash or standard Chase Travel redemptions. Points Boost applies to selected bookings; legacy portal values depend on the card and eligible points. Neither is assumed here. 2c is an editorial transfer target, not a guaranteed rate. Chase baseline and transfer terms checked September 7, 2026; other valuations were not re-reviewed.
New to this? cpp (cents per point) is what each point is worth when redeemed: cash value ÷ points × 100. A saver award is the lowest standard award price an airline publishes (availability is limited).
The partners actually worth using
Where Chase Ultimate Rewards moves, the ratio, and the honest reason to use it.
World of Hyatt
4:3 / 1:1Sapphire Preferred transfers to Hyatt at 4:3 (1,000 Chase points become 750 Hyatt points). Chase applied that rate to new applicants on June 15, 2026. Accounts opened before June 15, 2026 kept 1:1 through September 30, 2026; 4:3 applies to them from October 1, 2026. Ink Business Preferred moved to 4:3 on October 1, 2026. Other Chase cards can differ; confirm your card's displayed rate before transferring. Hyatt award prices are in Hyatt points, not Chase points.
Source date 2026-09-07 · Issuer source
United MileagePlus
1:1Best domestic Star Alliance availability and Excursionist Perk free stopover on round-trips.
Air Canada Aeroplan
1:1Books most Star Alliance partners with a free stopover; no carrier fuel surcharges on many routes.
Air France/KLM Flying Blue
1:1Monthly Promo Rewards and frequent Chase transfer bonuses cut Europe awards 25%+.
Virgin Atlantic Flying Club
1:1Cheap ANA round-trip business to Japan and short Delta hops; watch surcharges on VS metal.
Every airline it reaches
What you can book with these points
Curated award sweet spots Chase Ultimate Rewards can reach: the real reason to earn it.
Within Europe · Economy
6,500 mi via British Airways Avios
To Canada or Mexico · Economy
10,000 mi via Air Canada Aeroplan
To the Caribbean · Economy
12,500 mi via Air Canada Aeroplan
Within Europe · Economy
12,500 mi via Air France-KLM Flying Blue
To Europe · Economy
13,000 mi via Aer Lingus AerClub
To Canada or Mexico · Economy
13,500 mi via British Airways Avios
To Europe · Economy
17,000 mi via Iberia Avios
To South America · Economy
20,000 mi via Air Canada Aeroplan
Cards that earn Chase Ultimate Rewards
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Run your route and we'll tell you which points to use: or whether to skip them and pay cash.
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Find an award you can book for your dates. Check the current transfer ratio, minimum, timing, recipient details, and award cash fees. Confirm the terms with the program before moving points; transfers may be irreversible.
Honest answers
What are the best Chase Ultimate Rewards transfer partners?
World of Hyatt (4:3 / 1:1): Sapphire Preferred transfers to Hyatt at 4:3 (1,000 Chase points become 750 Hyatt points). Chase applied that rate to new applicants on June 15, 2026. Accounts opened before June 15, 2026 kept 1:1 through September 30, 2026; 4:3 applies to them from October 1, 2026. Ink Business Preferred moved to 4:3 on October 1, 2026. Other Chase cards can differ; confirm your card's displayed rate before transferring. Hyatt award prices are in Hyatt points, not Chase points. United MileagePlus (1:1): Best domestic Star Alliance availability and Excursionist Perk free stopover on round-trips. Air Canada Aeroplan (1:1): Books most Star Alliance partners with a free stopover; no carrier fuel surcharges on many routes. Air France/KLM Flying Blue (1:1): Monthly Promo Rewards and frequent Chase transfer bonuses cut Europe awards 25%+. Virgin Atlantic Flying Club (1:1): Cheap ANA round-trip business to Japan and short Delta hops; watch surcharges on VS metal.
How much is a Chase Ultimate Rewards point worth?
Our planning baseline is about 1c per point. The higher achievable estimate is ~2c for a suitable available redemption. Neither is a guaranteed rate or a ceiling. We use 1c for cash or standard Chase Travel redemptions. Points Boost applies to selected bookings; legacy portal values depend on the card and eligible points. Neither is assumed here. 2c is an editorial transfer target, not a guaranteed rate. Chase baseline and transfer terms checked September 7, 2026; other valuations were not re-reviewed.
Which cards earn Chase Ultimate Rewards?
Chase Sapphire Preferred ($95 fee), Chase Sapphire Reserve ($795 fee), Chase Ink Business Preferred ($95 fee).
How we make money, honestly: we may earn a commission if you apply for a card through one of our links, and a small commission if you book a hotel through one of our links. Both at no cost to you. Our ranking never depends on payout fields. A “pay cash” verdict earns us nothing by itself; if you then book a hotel through one of our links, we may earn a commission. Offers and terms change constantly; always confirm current details on the provider's site before booking.