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What Is A Chase Point Actually Worth?
The value of a Chase Ultimate Rewards point isn’t fixed. It’s a spectrum, ranging from poor to exceptional, based entirely on how you choose to redeem it. This guide helps you navigate that spectrum to get the most from every point.
Tier 5: AVOID
< 1.0 cpp
Sub-par value. You’re losing money.
Tier 4: BASELINE
1.0 cpp
The floor value. Never accept less.
Tier 3: GOOD
1.1 – 1.75 cpp
Solid, convenient redemptions.
Tier 2: EXCELLENT
2.0 – 4.0 cpp
The sweet spot for informed travelers.
Tier 1: ASPIRATIONAL
> 5.0 cpp
The pinnacle of point maximization.
The Right Tools for the Job
Unlocking the best value requires a premium card. These cards act as the key to transfer points to airlines and hotels. Compare the two main consumer options to see which fits your strategy.
Redemption Pathways
Once you have the right card, you have two primary paths for travel redemption: the convenient Chase Travel℠ Portal or the powerful Transfer Partner network. Understanding the pros and cons of each is critical.
Analysis: The Chase Travel℠ Portal
The portal acts like an online travel agency where you can book flights, hotels, and more with points. The value you get has changed with the new “Points Boost” feature. For most travel, points are worth 1.0 cpp. However, for select bookings, you can get a higher value, but this is less common for budget travel.
Standard Redemption
1.0 cpp
Applies to most flights, hotels, all car rentals, and cruises for new cardholders.
“Points Boost” Redemption
Up to 2.0 cpp
On select (often premium) flights and hotels. Sapphire Preferred maxes out at 1.75 cpp.
Expert Tip: Booking through the portal may make you ineligible for hotel elite status benefits and points earning. Always weigh the portal’s point value against the perks you might forfeit.
Your 4-Step Maximization Playbook
Follow this simple, repeatable framework to ensure you get the best value from your points every time you redeem.
Build Your Foundation
Hold at least one premium card (Sapphire or Ink Preferred) to enable transfers. Pair it with no-fee Freedom or Ink cards to maximize earning on all your spending.
Always Pool Your Points
Regularly move points from your no-fee cards to your premium card’s account. This simple step ensures every point has the highest potential value.
Define Your Goal
Decide what you want before you search. A luxury hotel stay? A business class flight? Your goal determines the best redemption path and partner.
Execute the Checklist
Always check transfer partners first. If no good options exist, check the travel portal. If not traveling, consider Pay Yourself Back. Default to cash back as a last resort.