Users of Chase points will know that these points cannot be transferred between users. And Chase has made it more difficult for the users to transfer their reward points to their loved ones now. But there is a way.
As per TPG’s valuations, Chase Ultimate Rewards is one of the most valuable loyalty points program. This program offers many cash back points, transfer partners, and the capability to book flight seats with the help of the Ultimate Rewards Travel Portal. This makes it easy for the users to find worthwhile redemption methods.
Chase Ultimate Rewards points offer three credit card options. These options come with great benefits, attractive perks, and category spending bonuses, making Chase Rewards much popular among the users. Here are some methods to get good value while selling Chase Ultimate Rewards points.
Redeeming Chase Ultimate Rewards
You will mainly have three options to sell Chase points namely, Cash Back, Ultimate Rewards Travel Redemption, and Transfer to travel partners. With the Cash Back offer, you can earn credit on his or her statement at a rate of one cent per point. Under the Ultimate Rewards Travel Redemption option, you can book a flight via the Ultimate Rewards Travel Center. This will help the user redeem his points while paying for hotel accommodation, flight tickets, car rental, etc.
If you are an Ink Plus or Sapphire Preferred card user, you can avail a discount of 20% when you pay with the credit card points. This means that each of the credit card point will be equal to 1.25 cents.
With the Transfer to travel partners option, the user can transfer the rewards to six airlines programs (Southwest, Korean Air, United, Virgin Atlantic, and Singapore Airlines) and four hotel programs. You should note that the transfer ratios are 1:1 and that you need to transfer in 1000 points.