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.
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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.
If you decide to use your 90K points in the travel portal, your bonus would be worth $1,125 in flights as each point in the portal is worth 1.25 cents (assuming you have a Chase Sapphire Preferred or Ink Business Preferred, points are worth 1.5 cents with the Sapphire Reserve.
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.
First, you take the cash cost of the flight/hotel and subtract any fees associated with the award booking.Then, divide that result by the number of points it would cost to book that same flight/hotel. The result gives you dollar per point, so just multiply the result by 100 to get cents per point.
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.