Airline transfers carry the second best value with them, though are a little bit trickier because airline miles tend to vary in price according to a number of different factors.
Not exact matches
If you have a Chase Ultimate Rewards credit card that
carries an annual fee like the Chase Sapphire Preferred Card you can
transfer your points 1:1 at any time to your mile accounts with United, Southwest, British Airways, Hyatt, Virgin Atlantic, Marriott, IHG Hotels, and Korean
Airlines.
Another reason many people
carry the Chase Sapphire Preferred is that you can
transfer the points on a 1:1 basis to many of your favorite
airline and hotel rewards programs.
While cash back is valued at 1 cent per point, Chase Ultimate Rewards points
carry a value as high as 1.5 cents per point and
transfer to a large number of
airline partners at a 1:1 ratio.
Many frequent travelers have had or currently
carry a Chase Sapphire Preferred or Sapphire Reserve in their wallet because of its valuable sign - up bonus, 1.25 % redemption rate through Chase, and the ability to
transfer to many of the leading
airline & hotel Ultimate Rewards travel partners.
Although in theory you can only use the points for cash back, those who also
carry another Ultimate Rewards card, such as the Sapphire Preferred (or those who have a spouse with this card), can combine the points and
transfer them to an
airline or hotel loyalty program.
The cards we will compare all earn MRs that can be
transferred to Amex's lineup of
airline and hotel
transfer partners and each card
carries an annual fee.
Starpoints
carry around a 1.8 - 4.3 cents per Starpoint value when used for
airlines (the higher value is on upper - class cabins) and receive a 25 percent bonus when
transferred in increments of 20,000.