You can also transfer your points to partner travel programs typically at a 1:1 ratio. (smartasset.com)
This means that 1000 of your Chase Ultimate Rewards points are worth 1000 miles or points with Chase partner travel programs. (echeck.org)
Using this card for travel purchases will allow you to save on future travel as this card also has a 1:1 transfer ratio to popular partner travel programs. (echeck.org)