#2 Among Transferable Points
Point Value
1.60 ¢
Hobby Score
8.3
Chase Ultimate Rewards is our most valued point system.
Chase offers many different credit card options for earning points. Welcome offers are the easiest way to earn a large lump sum at once, and the most valuable cards earn Chase Ultimate Rewards points. Other cards instead offer cash back, and Chase’s business card lineup also unlocks strong miles-earning potential.
Owning one of Chase’s Sapphire cards (the Chase Sapphire Reserve or Chase Sapphire Preferred) is crucial in this hobby. These cards allow you to transfer Chase Ultimate Rewards points to airline and hotel partners, maximizing their value.
If you own a Sapphire card, you can also transfer rewards from other Chase cards, converting cash back earned from both personal and business cards into Chase Ultimate Rewards. On the business side, the Chase Sapphire Reserve Business and Chase Ink Business Preferred also earn transferable Ultimate Rewards points.
Chase Sapphire Reserve Business
Special Offers Related to Chase Ultimate Rewards. Click the arrow to see more.
- Citi Premier MasterCard - Limited Time Offer - 75,000 Points, after spending $4000 in 3 months, $95 Annual fee.
- Citi AAdvantage Platinum - Special Offer - $75,000 AA Miles, after spending $3500 in 4 months, $0 Annual fee for the first year, then $99.
- Chase Sapphire Visa - Limited Time Offer - 80,000 Points, after spending $4000 in 3 months, $95 Annual fee.
- Air France KLM World Elite Mastercard - Limited Time Offer - 70,000 Points, after spending $2000 in 3 months, $89 Annual fee.
Now with the Chase Sapphire Reserve card, earn 80,000 Bonus points after spending $4000 in 3 months. Annual fee is $550 with a $300 annual travel credit. This offer is ending soon, so if you haven't tipped the 5/24 rule you may want to consider this one.
For a limited time get 80,000 bonus points after spending $4000 in 3 months. There is a $550 annual fee that's not waived but can be offset by the $300 annual travel credit every anniversary that comes with this Chase Sapphire Reserve Card.
Chase Sapphire Reserve card is offering 60,000 Ultimate Rewards after spending $4000 in 3 months. This card comes with a $300 annual travel credit to offset the $550 annual fee.
Chase is the most popular rewards system in the hobby thanks to its high-value transfer partners. You’ll get the best value by transferring Chase Ultimate Rewards to airline or hotel partners, especially when taking advantage of the sweet spots listed at the top of the page. There is a learning curve, but the payoff is worth it.
If you don’t want the time commitment of partner bookings, you can still get strong value by redeeming through the Chase Travel Portal, especially with a Sapphire card.
You can use the Chase Travel Portal to book flights, hotels, rental cars, and more. Points values vary based on the card you hold:
Points Boost applies only to select airfare and hotel bookings when you hold a Sapphire card. When it is not available, all redemptions default to 1¢ per point.
Legacy Points Boost rules: If you held a Sapphire Reserve or Preferred before June 23, 2025, any points you earned before October 26, 2025 are eligible for:
These elevated values remain valid through October 26, 2027.
If you have a Chase Sapphire Reserve, you can redeem points through The Edit, Chase’s luxury hotel collection. Every Edit booking is eligible for Points Boost at 2¢ per point.
Additional perks when booking The Edit with a Sapphire Reserve card:
You'll also receive the following benefits on every stay with The Edit through the Chase Portal, whether you redeem points or pay with your Reserve card.
Pay Yourself Back allows cardholders to redeem points at an elevated rate on select, rotating categories.
Some redemptions give far less value for your Chase Ultimate Rewards points and are best avoided:
Discover your points' highest-value redemption options. Use the filters to find the optimal sweet spot for your next trip.
Hyatt is almost always the top choice for partner bookings across all points programs. Its only drawback is a smaller global footprint compared to other major hotel chains
We rank Chase Ultimate Rewards as the top points system in the hobby. It appeals to both beginners and advanced users. Its value is strong for experts with access to high-value transfer partners like Hyatt, United, and Southwest Airlines. Chase also works well for beginners, offering an easy entry point with lower-level cards and the option to move up to higher-value cards after learning the basics.
Chase offers many different cards to use. Those cards often become the ones people build strategies around, as the 5/24 rule drives decision-making over time. If you are new and plan to stay in the points and miles world, learning all you can about Chase Ultimate Rewards will serve you well.
Your Ultimate Rewards points are tied to your card, so you’ll need to transfer them out before canceling. The good news is that Chase offers many valuable transfer partners to choose from. You can also downgrade to a no-annual-fee card, and since that’s not considered opening a new account, it will not affect your 5/24 status. Note that you cannot transfer points to partners from a lower level card. You need a Sapphire or Ink Business Preferred to transfer to partners.
