Our Guide to the Chase Ultimate Rewards Program
Our comprehensive guide to the Chase Ultimate Rewards program will help you to quickly earn free travel with Chase Ultimate Rewards points. Chase Ultimate Rewards offers many benefits and perks to help you earn free travel worldwide faster.
Free flights. Free hotel stays. Free rental cars. And many more benefits and rewards.
Our Guide to the Chase Ultimate Rewards Program
Chase Ultimate Rewards – The Ultimate Flexibility
With Chase Ultimate Rewards, you have the flexibility to redeem your points in a way that suits your lifestyle and travel needs.
Whether you’re dreaming of free travel and a luxury getaway, craving a shopping spree, or simply looking to pay off your credit card bill, there are rewards that can help you do these things.
Chase Ultimate Rewards – Earn Big, Redeem Bigger
With generous bonuses and earning rates on everyday purchases, you’ll be racking up points faster than you can say “free vacation.” Plus, with bonus categories that rotate quarterly on some of the Chase credit cards, there’s always an opportunity to earn even more points on the things you already buy.
When it comes time to redeem your points, there are many options to choose from. From free flights and hotel stays, to gift cards and statement credits, Chase Ultimate Rewards offers great flexibility.
Typically the best way to redeem your Chase Ultimate Rewards points is for free or discounted travel. Flights, hotels, or rental cars. You get more value for your Ultimate Rewards points this way, with each point worth at least 2 cents or more per point.
The value of your points goes down to approx. 1 cent if you redeem them for gift cards or statement credits.
How to redeem Chase Ultimate Rewards points
Redeeming your Chase Ultimate Rewards points is easy. Note that different Ultimate Rewards cards have different benefits and points redemption structures.
Here are the many ways you can potentially redeem your Ultimate Rewards points.
Chase Ultimate Rewards – Travel Rewards
Redeeming your Chase Ultimate Rewards points via the Chase travel portal is way for you and your points to go farther.
Depending on the card you have, your points may even have additional value. For example, the Chase Sapphire Preferred card typically converts points at a rate of $0.0125 per point.
The Chase Sapphire Reserve generally offers a full $0.015 per point when booking travel via the Chase Ultimate Rewards portal. If you were to convert 10,000 points, you’d get $125 in value to use toward travel with the Chase Sapphire Preferred card.
You get $150 worth of travel for 10,000 points with the Sapphire Reserve. Points can be used to book flights, transportation, hotel stays, and much more.
Chase Ultimate Rewards – Pay with Points
The Pay with Points option allows you to instantly redeem your points as payment for all or part of your eligible orders at select partners. Including taxes and shipping. Redemption values for points used to Pay with Points may vary.
Chase Ultimate Rewards – Pay Yourself Back
The Pay Yourself Back feature converts points into statement credits. These can be applied to eligible purchases like charitable donations or certain other categories, depending on the card you hold.
Depending on the card you have, sometimes these redemption values may also feature an elevated conversion rate.
Chase Ultimate Rewards – Cash Back
You could opt to turn your Ultimate Rewards points into cash in your account via the Cash Back feature. You typically converts points to cash at a rate of $0.01 per point.
For example, if you were to convert 10,000 points, you’d get $100 deposited to the account of your choice. Conversion values may be subject to change based on ongoing promotions and other factors.
Chase Ultimate Rewards – Buy Gift Cards
Your Chase Ultimate Rewards points can also be used to buy gift cards from a wide variety of vendors. With hundreds of available options to choose from across categories like Travel, Home Improvement, Dining, Grocery and more.
Redemption values can vary. Promotions throughout the year offer an additional 10 to 20% more points value.
Chase Ultimate Rewards – Chase Dining
Chase Ultimate Rewards members who have an appetite for life can feast like a king with Chase Dining, which allows points conversions at similar rates to travel.
Besides standard reservations, takeout and delivery, Chase Dining also provides access to unique dining experiences you may not find elsewhere.
Chase Ultimate Rewards – Points Transfer
Chase Ultimate Rewards points are accepted throughout a large network of airline and hotel partners. This allows you to transfer your points and redeem them through their respective loyalty programs, instead.
Note that you must be an existing member of the eligible loyalty program you wish to transfer your points to. And that the Points Transfer feature is currently not available to Chase Freedom cards. To find out more, refer to your Rewards Agreement.
Chase Ultimate Rewards Partners
You also get an additional benefit with the Chase Ultimate Rewards program. The option and ability to transfer points to Chase airline and hotel partners at a 1:1 ratio. You can maximize the value of your points and unlock even more incredible rewards.
Here is a list of all Chase airline and hotel partners.
Chase Ultimate Rewards Airline Partners
Aer Lingus AerClub
Air Canada Aeroplan
Air France & KLM Flying Blue
British Airways: Partnering with British Airways Executive Club opens up opportunities for flights on British Airways and its partner airlines, including American Airlines, Aer Lingus, Iberia, with access to an extensive global network.
Emirates Skywards
Iberia Plus
JetBlue TrueBlue
Singapore Airlines: By transferring points to KrisFlyer, cardholders can enjoy access to Singapore Airlines’ luxurious cabins and exceptional service, as well as redemption options with Star Alliance partners.
Southwest Airlines: With Rapid Rewards, cardholders can redeem points for flights on Southwest Airlines, known for its generous rewards program and no blackout dates or seat restrictions.
United Airlines: Cardholders can transfer points to United MileagePlus, gaining access to United’s extensive route network and redemption options, including flights to various destinations worldwide.
Virgin Atlantic Flying Club
Chase Ultimate Rewards Hotel Partners
In addition to airline partners, Chase Ultimate Rewards also collaborates with several major hotel chains. Allowing cardholders to transfer points to their loyalty programs.
Marriott Bonvoy: Cardholders can transfer points to Marriott Bonvoy, granting access to Marriott’s vast portfolio of hotels and resorts worldwide, including brands like Marriott, Ritz-Carlton, and Sheraton.
Hyatt: Transferring points to World of Hyatt provides opportunities for luxury stays at Hyatt’s upscale properties, renowned for their exceptional service and unique experiences.
IHG Rewards Club: With IHG, cardholders can redeem points for stays at InterContinental Hotels & Resorts, Holiday Inn, Crowne Plaza, and other IHG properties across the globe.
Chase Ultimate Rewards – Exclusive Perks and Benefits
As if earning and redeeming points wasn’t enough, Chase Ultimate Rewards sweetens the deal with a host of additional perks and benefits. These designed to make your life easier and more enjoyable.
From complimentary airport lounge access, elite hotel status, to travel insurance, purchase protection, and rental car insurance on some of their travel cards. These make the Chase Ultimate Rewards program even more attractive.
Chase Credit Cards That Earn Ultimate Rewards Points
Chase offers a variety of personal cash back cards, personal credit cards, and business credit cards that earn Ultimate Rewards points.
Here are the Chase credit cards with Ultimate Rewards points bonuses and earning opportunities:
Personal Chase Credit Cards & Cash Back Cards That Earn Ultimate Rewards Points
The following Chase credit cards and Chase cash back cards earn Ultimate Rewards points.
It is important to note that in order for the cash back cards, like the Chase Freedom card for example, to earn Ultimate Rewards points you first need to have one of the Chase Sapphire credit cards. Either the Chase Sapphire Preferred card or the Chase Sapphire Reserve card.
So it is important to first get one of these 2 cards before you can earn Ultimate Rewards points with some of the cash back cards.
Chase Sapphire Preferred credit card
New Cardmember Bonus Offer:
Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.
Benefits & Perks:
Premium dining & travel rewards
Earn 5x total points on travel purchased through Chase Travel, excluding hotel purchases that qualify for the $50 Annual Chase Travel Hotel Credit.
Earn 3x points on dining at restaurants including eligible delivery services, takeout and dining out.
Earn 2x on other travel purchases.
Annual Fee: $95
Chase Sapphire Reserve Credit Card
New Cardmember Bonus Offer:
Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.
Benefits & Perks:
Earn 5x total points on flights and 10x total points on hotels (excluding The EditSM) and car rentals when you purchase travel through Chase TravelSM after the first $300 is spent on travel purchases annually.
Annual Fee: $550
Chase Freedom Unlimited credit card
New Cardmember Bonus Offer:
Earn a $200 bonus
Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
Benefits & Perks:
Unlimited 1.5% cash back is just the beginning. Earn unlimited 1.5% cash back or more on all purchases, like 3% on dining and drugstores and 5% on travel purchased through Chase TravelSM.
APR: 0% intro APR for 15 months from account opening on purchases and balance transfers.†
Annual Fee: $0
Chase Freedom Flex Credit Card
New Cardmember Bonus Offer:
Earn a $100 bonus + 5% grocery store offer
Earn a $100 bonus after you spend $500 on purchases in the first 3 months from account opening.
Earn 5% cash back on grocery store purchases (excluding Target® and Walmart®) on up to $12,000 spent in the first year.
Benefits & Perks:
Earn cash back for every purchase. Earn 5% cash back on up to $1,500 on combined purchases in bonus categories each quarter you activate. Plus, earn 5% cash back on travel purchased through Chase TravelSM, 3% on dining including takeout and drug stores, and 1% on all other purchases.
APR: 0% intro APR for 15 months from account opening on purchases and balance transfers.
Annual Fee: $0
Our Guide to Chase Ultimate Rewards
Chase Business Cards That Earn Ultimate Rewards Points
There are 3 Chase business credit cards that participate in the Chase Ultimate Rewards program and earn points.
Ink Business Unlimited Credit Card
New Cardmember Bonus Offer:
Earn $750 bonus cash back
after you spend $6,000 on purchases in the first 3 months after account opening.
Benefits & Perks:
Unlimited 1.5% cash back rewards on every purchase made for your business – with this no annual fee credit card.
Earn 5% cash back on Lyft rides
Auto Rental Collision Damage Waiver
Travel and Emergency Assistance Services
Roadside Dispatch
Purchase Protection
Redeem Options: Travel (best option – 25% more value), Cash back, Gift cards, Apple Ultimate Rewards store
APR: 0% intro APR for 12 months from account opening on purchases
Annual Fee: $0
Ink Business Cash Credit Card
New Special Offer !
Earn up to $750 bonus cash back
Earn $350 when you spend $3,000 on purchases in the first 3 months, and an additional $400 when you spend $6,000 on purchases in the first 6 months after account opening
Plus earn a 10% Business Relationship Bonus.
Benefits & Perks:
Earn 5% cash back in select business categories
plus earn rewards on every purchase made for your business – with this no annual fee credit card.
Earn 5% cash back on Lyft rides
Auto Rental Collision Damage Waiver
Travel and Emergency Assistance Services
Roadside Dispatch
Purchase Protection
Redeem Options: Travel (best option – 25% more value), Cash back, Gift cards, Apple Ultimate Rewards store
Annual Fee: $0
Ink Business Preferred Credit Card
New Cardmember Bonus Offer:
100,000 bonus points after you spend $8,000 on purchases in the first 3 months after account opening. That’s $1,000 cash back or $1,250 toward travel rewards when you redeem through Chase TravelSM.
Benefits & Perks
Earn 3X points on shipping and other select business categories.
Earn 5% cash back on Lyft rides
Auto Rental Collision Damage Waiver
Travel and Emergency Assistance Services
Roadside Dispatch
Purchase Protection
Redeem Options: Travel (best option – 25% more value), Cash back, Gift cards, Apple Ultimate Rewards store
Annual Fee: $95
Chase Ultimate Rewards
Other Chase Credit Cards & Cash Back Cards
Chase offers a wide variety of the credit cards outside of the Chase Ultimate Rewards program. These include co-branded airline credit cards, a wide variety of business cards, and cash back cards.
Check out all of the Chase Credit Cards at this link:
Chase Personal Credit Cards & Cash Back Cards
The Chase 5/24 Rule
The Chase 5/24 rule is a policy implemented by Chase Bank that impacts individuals applying for most of their credit cards. Under this rule, Chase typically denies credit card application approvals for individuals who have opened five or more credit card accounts (from any issuer) within the past 24 months.
This rule is significant for those interested in Chase credit cards and Ultimate Rewards points because it affects their eligibility and approval chances. The rule is often considered a strategic move by Chase to manage risk and target more desirable customers. By limiting approvals to those who haven’t opened too many new accounts recently, Chase aims to attract customers who are more likely to use and retain their credit cards responsibly.
For individuals who love free travel and are avid credit card users, managing their application strategy around the Chase 5/24 rule becomes crucial. Many enthusiasts in the credit card rewards community strategize their card applications carefully to ensure they remain eligible for Chase cards that offer attractive rewards, benefits, and bonuses.
Overall, the Chase 5/24 rule plays a significant role in the credit card application landscape, influencing how individuals plan their credit card acquisitions and usage to maximize their opportunities with Chase and other issuers.
Business Cards Is A Good Strategy To Stay Under 5 Cards in 24 Months
Business credit cards can be a savvy workaround for individuals affected by the Chase 5/24 rule. Since business credit cards typically don’t count towards an individual’s 5/24 limit, they offer a valuable opportunity to continue to earn generous travel miles and points bonuses.
It is worth noting that if you are applying for a Chase business credit card and you are over the 5/24 limit in personal credit cards, you will not get approved. You need to be under the 5/24 limit when you apply for the Chase business card. This is not the cse if you apply for other banks’ business credit cards.
Here’s how business credit cards can help with the Chase 5/24 rule:
Separate Credit Reporting: Business credit cards are often reported to business credit bureaus rather than personal ones. This means they typically don’t appear on an individual’s personal credit report and consequently don’t factor into the 5/24 calculation.
Higher Approval Odds: Business credit cards may have different approval criteria compared to personal cards. If you have a legitimate business with a good credit history, you might have better approval odds for a business credit card, even if you’ve exceeded the 5/24 limit with personal cards.
Expanded Rewards Opportunities: Chase and other credit card companies offers a range of business credit cards with attractive rewards and benefits. By utilizing these cards, individuals can still access valuable rewards programs and perks without being restricted by the 5/24 rule.
Building a Relationship with Chase: By opening a business credit card with Chase, you’re establishing a relationship with the bank’s business division. This relationship can be beneficial for future business needs, such as loans or other financial services.
However, it’s essential to note that applying for a business credit card requires a legitimate business. This could be a sole proprietorship, freelancing work, or any other legitimate business activity. Even if it is only a part time business. You may or may not need to provide documentation to support your business, such as tax returns, business licenses, or financial statements.
Additionally, while business credit cards don’t count towards your 5/24 limit, Chase may still consider other factors, such as your overall creditworthiness and relationship with the bank, when evaluating your application. Therefore, it’s crucial to approach business credit card applications responsibly and ensure that you meet all eligibility requirements.
Join The Chase Ultimate Rewards Program
Join the millions of savvy consumers who are already reaping the rewards of Chase Ultimate Rewards. Whether you’re a frequent traveler, a savvy shopper, or simply someone who loves getting rewarded for everyday spending, Chase Ultimate Rewards has something for everyone.
Chase Ultimate Rewards points typically have some of the highest value in the industry, mostly due to the great flexibility the program offers in terms of redemption options, airline & hotel partners… Chase Ultimate Rewards points typically are valued at least at 2 cents per point or more, when redeeming for free or deeply discounted travel options.
You can join the Chase Ultimate Rewards Program once you get one of the Chase credit cards that earn Ultimate Rewards points. Not all Chase credit cards are in the Chase Ultimate Rewards program and these do not earn Ultimate Rewards points.
You can join the Chase Ultimate Rewards program here: Chase Ultimate Rewards
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