We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks (such as a “Next” button) that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

This page may include: credit card ads that we may be paid for (“advertiser listing”); and general information about credit card products (“editorial content”). Many, but not all, of the offers and clickable hyperlinks (such as a “Apply Now” button or “Learn More” button) that appear on this site are from companies that compensate us. When you click on that hyperlink or button, you may be directed to the credit card issuer’s website where you can review the terms and conditions for your selected offer. Each advertiser is responsible for the accuracy and availability of its ad offer details, but we attempt to verify those offer details. We have partnerships with advertisers such as Brex, Capital One, Chase, Citi, Wells Fargo and Discover. We also include editorial content to educate consumers about financial products and services. Some of that content may also contain ads, including links to advertisers’ sites, and we may be paid on those ads or links.

For more information, please see How we make money.

Not All Chase Ultimate Rewards Points Are Equal!

  • Million Mile Secrets

    • Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full advertising policy: How we make money.

    Update:   One or more card offers in this post are no longer available.  Check our Hot Deals for the latest offers. 

    That’s right!  If you want to redeem Chase points to book travel through Chase, your points are worth different rates depending on which card they’re tied to.

    So if you have more than one Chase Ultimate Rewards card, you’ll get the best deal by moving your points to the right card.

    Chase Ultimate Rewards Points Are Valuable! But You’ll Get a Different Rate on Travel Depending on Which Card You Have

    I’ll show you how much your points are worth.  And how to get the best rate toward your next trip!

    Get the Best Deal When You Redeem Chase Points

    A big thanks to Million Mile Secrets reader Ed, who emailed us about this!

    So if you have more than one of these cards, your points will be worth MORE when you move them to a different card account to book your travel!

    Move Your Chase Ultimate Rewards Points to the Account Where They’re Worth More!

    For example, Million Mile Secrets team member Harlan has 3 Chase Ultimate Rewards cards.  And the points are worth different amounts toward travel bookings!

    Let’s take a look at how much they’re worth toward the same flights.

    With the Chase Freedom, Freedom Unlimited, Sapphire, and Ink Cash Cards, Your Points Are Worth 1 Cent Each

    If you book with the Chase Freedom, Chase Freedom Unlimited, Chase Sapphire, and Chase Ink Cash, you’ll need 75,376 Chase Ultimate Rewards points to cover a round-trip flight from Washington, DC, to Paris that costs $753.76.  That’s a rate of 1 cent per point.

    If You Have the Chase Sapphire Preferred, Ink Bold, or Ink Plus, Your Points Are Worth 1.25 Cents Each

    And if you have the Chase Sapphire Preferred, Chase Ink Bold (no longer available), or Chase Ink Plus, you’ll need 60,300 Chase Ultimate Rewards points for the exact same flights.  That’s a savings of ~15,000 points!  And each one is worth 1.25 cents.

    You’ll Get the Best Deal With the Chase Sapphire Reserve Card Because Each Point Is Worth 1.5 Cents

    Folks with the Chase Sapphire Reserve card pay the least amount of points because they’re worth 1.5 cents each.  So for these flights, you’ll pay 50,250 Chase Ultimate Rewards points.  When compared to the Chase Freedom or Chase Freedom Unlimited, for example, you save ~25,000 points.

    That’s a big difference!  So if you have both cards, you’ll pay fewer points by simply moving your Chase Ultimate Rewards points from your Chase Freedom to Chase Sapphire Reserve account.

    Why Redeem Your Points This Way?

    When you use your Chase Ultimate Rewards points toward travel, you can choose a seat from any available flight for sale.  You won’t have to worry about blackout dates or spend time searching for award flights.  And some folks like that flexibility.

    However, you’ll often get a much better return for your Chase Ultimate Rewards points when you transfer them to air and hotel partners, including:

    Chase Ultimate Rewards Airline Transfer Partners
    Aer LingusBritish AirwaysFlying Blue (Air France/KLM)
    IberiaJetBlueSingapore Airlines
    SouthwestUnited AirlinesVirgin Atlantic
    Chase Ultimate Rewards Hotel Transfer Partners
    HyattIHGMarriott
    Ritz-Carlton
    Note:   Points earned from the Chase Freedom, Sapphire, and Ink Cash cards can only be transferred to travel partners if you also have a Chase Sapphire Reserve, Chase Sapphire Preferred, Ink Plus, or Ink Bold card.

    But, if you decide to use your points to book travel through Chase, be sure to move them to the card account where they’ll be worth the most for you!

    Bottom Line

    The flexibility of Chase Ultimate Rewards points is a big part of why it’s my favorite points program.  And if you use them to book travel through Chase, be aware each point is worth a different amount, depending on which card account you use.

    Chase Ultimate Rewards points are worth:

    Depending on the retail cost of the trip, you can save thousands of points by transferring points from one account to another.  It’s a fast & easy step that can save you big!

    Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)