In most cases, 50,000 Chase points are worth $500 for travel, cash back, or gift cards. The same 50,000 points can be worth $625 with the Chase Sapphire Preferred® Card or Ink Business Preferred and $750 with the premium Chase Sapphire Reserve®.
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How much are 100,000 Chase points worth? When redeemed for cash back, 100,000 Chase points are worth $1,000. When redeemed for travel booked through Chase, 100,000 points are worth $1,500 if you have the Chase Sapphire Reserve®, or $1,250 with the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card.
Points also transfer to airline and hotel partners for premium travel redemptions, or you can get 25% more value when redeeming points through the Chase travel portal. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Using the Chase Travel Portal' Then start searching for the flights you'd like to book using your points. If you have the Chase Sapphire Reserve®, you will be able to use your points at a rate of 1.5 cents point – making this a very valuable card to have in your wallet.
Advantages Of Transferring Your PointsSo long as you are getting at least 1.25 cents in value per point redeemed, you are coming out ahead. For example, you can get several cents in value per point when you transfer your rewards to airline miles.
70,000 Ultimate Rewards points are worth an average of $707, according to WalletHub data. You get the best value when redeeming Ultimate Rewards points for travel booked through Chase, though there are a few other redemption options to choose from.
On your Ultimate Rewards® dashboard, click on “Travel.” You'll be taken to a page that looks like any other online travel website. Here, you can search for flights, hotels, car rentals, activities, vacation rentals and cruises. Simply click on the option you want and search for your preferred dates.
So the 80,000 bonus points are worth $1,000 in travel booked through Chase and it's easy to use your points this way. You just log in to the Chase travel portal and search for flights, hotels, rental cars, cruises or activities. At checkout, you can pay with points, cash or a combination of the two.
The Chase Sapphire Preferred® Card is the best, all-around international travel card for most consumers, thanks to its flexible points and great travel benefits.