The Ultimate Guide to Ultimate Rewards PointsReviewAdvice

The Ultimate Guide to Ultimate Rewards Points

Few travel rewards are as sought-after as Chase Ultimate Rewards points. And it's not only because reward cards are so valuable- it's because they are versatile and transferable in a way that other miles and points just aren't. But before we get to that, let's start with how you can begin accruing them.

One of the easiest ways to grow your Ultimate Rewards balance in a hurry is to sign up for a Chase card that uses the reward system. The best and most lucrative card in this category is the Chase Sapphire Preferred card. The deal works like this:

Chase Sapphire Preferred Card

  • Spend $3,000 within 90 days of account opening and earn 40,000 bonus points
  • Earn an additional 5,000 points after adding an authorized user and having them use the card within the first three months
  • 2 points/$1 spent on restaurants and travel
  • 1 point/$1 spent on all purchases
  • No foreign Transaction Fees
  • $95 annual fee waived the first year

So, once you complete the minimum spending requirement and add an authorized user, you should have at least 48,000 Ultimate Rewards points (including the sign-up bonus plus 1 point/$1 spent on purchases). But, what happens now?

The Ultimate Guide to Ultimate Rewards Points

Ultimate Rewards Transfer Partners

This is where Ultimate Rewards points set themselves apart from the rest. These versatile rewards can be nearly anything you want them to be, mostly because they transfer out at a 1:1 ratio to a wide range of loyalty programs:


  • British Airways
  • Korean Air
  • Southwest
  • United Airlines
  • Virgin Atlantic
  • Singapore Airlines

Hotel & Rail

  • Amtrak
  • Hyatt Gold Passport
  • Marriott Rewards
  • IHG Rewards Club
  • Ritz-Carlton

What this means is that your 48,000 UR points can easily turn into 48,000 Hyatt Gold Passport points- enough for several nights at one of their high-end properties. Or they can become Southwest Rapid Rewards points- a favorite among those who travel a lot domestically. The possibilities are nearly endless no matter what your travel aspirations are. But still, the benefits of Ultimate Rewards points don't stop there.

Ultimate Rewards Turn Into Cash

The other great thing about Ultimate Rewards points is that they can be redeemed for cold, hard cash. That's right- the 48,000 Ultimate Rewards points are worth a $480 statement credit that you can use for nearly anything. If you don't want a statement credit, Chase will even send you a check. Then you can spend it on airfare, hotel stays, or even groceries if you want. The sky is the limit.

Ultimate Rewards Travel Portal

If you don't want to deal with points and miles and aren't interested in cash back, you can always use your Ultimate Rewards points to score some free (or almost-free) travel through the Chase Ultimate Rewards travel portal. In fact, Chase rewards you for using your Chase Sapphire points this way by giving you a 20 percent discount off all travel. That means that a $500 flight will only cost 40,000 Ultimate Rewards points to book and a $1,000 flight will only cost 80,000 points. See what I mean?

In addition to booking flights and hotels, you can also use your UR points to score free merchandise, pay for experiences, or order gift cards. For example, 25,000 Ultimate Rewards points get you a $25 Chilli's gift card, 20,000 UR points get you a $200 Carnival Cruise Line gift card, and so on.

Chase Ultimate Rewards points are extremely popular for a reason- it's because they can be nearly anything you want them to be. Consider signing up for a Chase rewards card today, and you'll be on your way to all kinds of rewards in no time.

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