Complete Guide to Chase Ultimate Rewards Transfer Partners

When it comes to valuable and beneficial credit card rewards programs, the Chase Ultimate Rewards scheme is one of the most popular with savvy cardholders. Chase Rewards points can be collected on the majority of Chase travel cards with your everyday spending and then redeemed with Chase travel partners to earn discounts and perks with airlines and hotels.

Although Chase is facing increased competition from the likes of Amex, Citi, and Capital One reward schemes, the points you earn with your Chase card are still some of the most valuable and flexible around. Especially when they are combined with the excellent card benefits that come along with premium cards such as the Chase Sapphire Preferred, Chase Ink Business Preferred, and Chase Sapphire Reserve cards.

Once you have built up your points through your everyday card spending, you will get the most value by redeeming them with Chase Rewards partners.

In the article below we will talk you through everything you need to know about Chase Partners and how to transfer and redeem Ultimate Rewards Points.

Which Companies Are Chase Travel Partners?

In deciding whether a Chase credit card is a good match for you, you need to know which airline carriers and hotels you can earn discounts and rewards with. If these match the brands you currently book with, then applying for a Chase card could be a valuable money-saving choice. Here is a breakdown of the 14 current Chase rewards partners:

Airline Chase Partners

· JetBlue TrueBlue

· Southwest Airlines Rapid Rewards

· United Airlines MileagePlus

· Air Canada Aeroplan

· British Airways Avios

· Virgin Atlantic Flying Club

· Air France-KLM Flying Blue

· Emirates Skywards

· Iberia Plus

Hotel Chase Partners

· World of Hyatt

· Marriott Bonvoy

· IHG One Rewards

The transfer ratios for these Chase partners are a rate of 1:1, and you must transfer these in increments of 1,000 points. So, you can build up your amounts in the Chase Ultimate Rewards Scheme and then transfer them across when you want to purchase with a specific airline or hotel. (You may even qualify for a transfer bonus during certain promotional periods.)

How Long Does it Take to Transfer Ultimate Rewards to Chase Rewards Partners?

So, once you have built up your points and want to transfer them to a partner rewards scheme, how long do you have to wait before you can spend your points with the airline or hotel?

Well, the good news is that in the majority of cases, you can expect transfers to be instantaneous. So, if you want to book a flight quickly, you shouldn’t face any substantial delays. However, some Chase Partners such as Marriott Bonvoy and Singapore Airlines may take as long as two business days.

To cut down on the chances of any admin delays on your transfer, you should make sure that the name registered on your Chase Ultimate Rewards account is the same as the name on your account with Chase Rewards Partners.

How to Transfer Ultimate Rewards to Chase Partners

The process of transferring your rewards points to Chase Travel partners is pretty quick and straightforward. Here are the steps you need to follow:

1. Log into your Chase Account online and use the drop-down menu to select “Transfer to Travel Partners.”
2. You will then be presented with the available Chase partners and any details of transfer bonuses available.
3. Select the partner you want to transfer points to and link your account with them following the onscreen steps.
4. Input the number of Chase Ultimate Rewards points you want to transfer to the partner reward scheme.
5. Double-check all the details before confirming. Once the transfer has occurred, you cannot reverse the points back to your Chase account.

How Much Are Chase Ultimate Rewards Worth?

The value of Chase Ultimate Rewards points will vary according to how you choose to redeem them, with values varying from 1 to 2 cents per point. You will get the best value for your points by transferring them to Chase Travel partners to get discounts on airline and hotel bookings.

If you choose to redeem your points using the Chase Travel Portal then the points value can vary according to the card. Chase Sapphire Preferred and Ink Business Preferred holders can spend points with a value of 1.25 cents, whereas Sapphire Reserve cardholders will spend points with a value of 1.5 cents apiece.

If you decide to use Ultimate Rewards for cash back, they will be redeemed at a rate of 1 cent per point. The value will also vary if you choose to use them for gift cards or to redeem against Apple product purchases.

How to Earn Chase Ultimate Rewards?

To start earning Ultimate Rewards points, you can apply for a variety of different Chase credit cards. These cards will reward you with different points per dollar according to the one you choose.

Chase Sapphire Preferred Credit Card

· $95 Annual Fee

· No Foreign Transaction Fees.

· 60,000 bonus points after spending $4,000 using your card within the first three months of opening your account.

· 5x rewards points on travel purchases using the Chase Ultimate Rewards hub.

· 5x points for each dollar spent with Lyft.

· 3x points for each dollar spent on eligible dining, delivery, and takeout.

· 3x points on eligible grocery purchases.

· 3x ultimate rewards on eligible streaming services.

· 2x points on all other travel purchases using your card.

· 1x rewards points on all your other everyday spending.

This card is an excellent choice for frequent travelers, with a low annual fee and many travel benefits including car rental insurance, and insurance for delayed trips and baggage.

The Chase Sapphire Reserve Credit Card

· Annual Fee is $550

· 60,000 ultimate rewards after spending $4,000 within the first three months of opening your account.

· 10x points on hotel and car rental booked through the Chase travel hub.

· 10x rewards on your Lyft bookings using the card.

· 10x Chase points on dining booking booked through Ultimate Rewards.

· 5x points on airline bookings purchased through the Chase Ultimate Rewards portal.

· 3x rewards for all other travel purchases.

· 3x points for all other dining purchases.

· 1x rewards for all other eligible everyday spending.

This premium Chase travel credit card features a wide range of benefits which could make the annual fee a valuable investment for frequent travelers. These include credit for a Global Entry or TSA Precheck membership, Priority Pass Select membership, and a $300 travel credit each year!

Chase Ink Business Preferred Card

· Annual Fee is $95.

· 120,000 Chase Points after spending $8,000 using your card within the first three months of your account opening.

· 3x points for each dollar spent on travel, shipping, internet, phone, and online advertising purchases (up to a maximum of $150,000 annually.)

· 1x Chase Rewards point for all other eligible purchases.

This is an excellent choice for small business owners who are looking to get the most valuable return on their credit card spending without a hefty annual fee attached. The points you earn won’t expire for as long as you keep your card account open.

You can also earn Chase benefits by using one of the below Chase cash-back cards.

· Chase Freedom Flex

· Chase Freedom Unlimited.

· Ink Business Cash Card.

· Chase Ink Business Unlimited Credit Card.

Takeaway: Complete Guide to Chase Ultimate Rewards Transfer Partners

Chase Ultimate Rewards gives cardholders a fantastic choice of airlines and hotels to redeem points with. And Ultimate Rewards remain one of the most valuable and flexible rewards points which will help you to save money and cut costs on both your domestic and international travel and accommodation.

To get the best value for the points you build up, you should redeem them with Chase Travel partners to get discounts on your next flights and hotel stays purely through spending money on groceries, dining, and other travel costs.