But when ou are able to redeem miles for expensive flights in business or first class, or last minute reservation, it's possible to receive several cents in
value per point transferred.
Not exact matches
If you manage to get a
value of $ 0.0134
per point when
transferring, the Chase Freedom Unlimited ® can beat all other flat - rate cash back credit cards — including the Citi ® Double Cash Credit Card.
However, as we noted above, if you have the Chase Sapphire Preferred ® Card as well, the effective rewards rate on the Chase Freedom Unlimited ® can be higher than 2 %, provided you
transfer your
points and get a
value better than $ 0.0134
per point.
The
points you earn can be
transferred to travel partners or used in the travel portal at a
value of 1.25 cents
per point.
You can
transfer Ultimate Rewards
points to airline and hotel partners or redeem them through the Chase travel portal at a
value of 1.25 cents
per point.
Given that Starpoints are worth on average 2.4 cents
per point, you should
transfer points to an airline loyalty program only if you're able to use the resulting rewards for better
value.
The
points can be used for travel purchases as well as be
transferred to airline and hotel partners, which can give you even more
value per point.
When you
transfer points to an airline, you might find yourself having decreased the
value of a
point, since an airline's frequent flyer mile may, in certain cases, be worth less than 1 cent
per mile.
I «prefer» the Starwood Preferred Guest card for its flexibility in
transferring points to airline programs at a
value of (1.25 cents
per point if
transferring 20,000 SPG
points at a time).
Whereas similar cards, like the Capital One Venture, let you redeem
points for travel statement credit at 1 cent
per mile, the Chase Sapphire Preferred will let you
transfer points at a 1:1 ratio to one of its partners, creating the potential for way more
value.
Most importantly, you can
transfer rewards
points to participating frequent travel programs at a ratio of 1:1, and get some good redemptions starting at a
value of $ 0.02
per point.
Due to a combination of
transfer ratios and
point values, both trades would end unfavorably for you and result in a «
per point»
value lower than the general $ 0.01
value you can typically get for each MR
point.
If you calculate the
point value, after
transfer, it find it to be less than $ 0.01
per point, you are better off holding on to your Ultimate Rewards
points.
Transferring your MR to Starpoints results in a
value of $ 0.007
per point
Given that Starpoints are worth on average 2.4 cents
per point, you should
transfer points to an airline loyalty program only if you're able to use the resulting rewards for better
value.
Chase Ultimate Rewards
points are valued at over 2 cents per point according to The Points Guy and you get a 1:1 point transfer with some of the top hotel loyalty pro
points are
valued at over 2 cents
per point according to The
Points Guy and you get a 1:1 point transfer with some of the top hotel loyalty pro
Points Guy and you get a 1:1
point transfer with some of the top hotel loyalty programs.
But the best
value is to
transfer those
points to one of the 10 participating frequent flyer programs where they can routinely be redeemed for $ 0.02
per point or more.
Besides the direct redemption options offered by the credit card issuer, a common way to maximize the
per -
point value of rewards
points is to
transfer them to a partnering airline or hotel loyalty program.
If you used just 7,500
points transferred to British Airways from your Chase Ultimate Rewards portal for that flight instead of paying $ 300, then your redemption
value is around 4 cents
per point on that transaction.
If you manage to get a
value of $ 0.0134
per point when
transferring, the Chase Freedom Unlimited ® can beat all other flat - rate cash back credit cards — including the Citi ® Double Cash Credit Card.
If you happen to have the Sapphire Preferred or Reserve cards, though, you will get more
value per point if you buy through the UR portal or
transfer points to an airline.
If you decide to
transfer to a partner like United, you can easily find
values of over three or four cents
per point.
If you
transfer to Chase's partners, the
value per point can vary quite a bit.
With the Chase Sapphire Preferred, Chase gives you the option of booking travel on Chase's Ultimate Rewards travel portal at a 20 % discount (for 1.25 cents
value per point), or
transferring to travel program partners at a 1:1 ratio, which may allow you to squeeze more
value out of your
points.
Not only does redeeming your Ultimate Rewards
points for travel through Chase's portal gain you significant
value — up to 1.25 cents
per point with the 25 % discount for travel redemption — but you can often get even more pow for your
point by
transferring them to any of Chase's 10 travel partners.
So if you aren't getting a
value of at least 1.25 cents
per point by
transferring, it's better to just buy your hotel with
points.
At a 1:1
transfer rate of 8,000 MR
points, this gives your
points the
value of 3 cents
per point.
Indeed,
transferring to frequent flyer miles often offers more
per -
point value than other redemption options.
If you
transfer points to a Chase travel partner, you can push the
value of the
points to over $ 0.02
per point to redeem international travel rewards.
If you
transfer to Chase's partners, the
value per point can vary quite a bit.
Remember, you can get a
value of as much as $ 0.02
per point when
transferring them to the 20 loyalty programs in Membership Rewards, doubling the
value to $ 2,740.
However, we strongly recommend
transferring your
points to a premium Ultimate Rewards card such as the Sapphire Preferred or Reserve, with which you can get a much better
value than 1 cent
per point for travel redemptions.
If you decide to
transfer to a partner like United, you can easily find
values of over three or four cents
per point.
These
transfers can help you unlock much more
value than the 1 cents
per point possible using Pay With
Points for flights, which in turn is a better option than any other non-transfer redemption.
Overall, you should use American Express Membership Rewards if you are planning to
transfer points to travel partners, and redeem them at a
value above $ 0.02
per point.
Your
points will have a set
value of 1.25 cents
per point in the Travel Center, so you want to make sure you'll get more
value than that when considering a
transfer.
Amex
points transferred to one of the program's partners can generate a higher
value per point, depending on the airline, route, date and booking class, which also affects the cost of revenue flights.
Before finalizing you booking, make sure to check how many miles it would cost to book the same fare with a partner airline by
transferring points to make sure you're getting the best
value per point.
You can
transfer your
points from the Chase Freedom card to other Ultimate Rewards cards and get a 1.26 cent boost on your
point value, for an average
value of 6.3 cents
per point.
The reason is that while I
value the 5 bonus Hilton HHonors
points per dollar at about 2 cents, and I
value one United MileagePlus or Delta Skymile at about 2 cents, I earn Skymiles through flying domestically on Delta and partner flights, and can
transfer Chase Ultimate Rewards
points to United, while earning Hilton HHonors
points will become much harder after the changes to the earning structure of their co-branded American Express credit cards go into effect in May.
Bottom Line: We
value Chase Ultimate Reward
points at 1.9 cents
per point, where the most
value comes from the option to
transfer your
points directly to the select air and hotel loyalty programs 1 to 1, but you also have the options of booking travel directly through the Chase travel center at a
value of 1.25 cents
per point or redeem for credits or other products at a
value of 1 cent
per point.
I can
transfer Ultimate Rewards
points to United Airlines miles, which I
value at 2 cents
per mile if I use them for an award.
The
value of Ultimate Rewards
points can range as high as 1.5 cents
per point if you redeem them for travel through the Ultimate Rewards portal and even higher if you
transfer them to airline partners to redeem for airfare.
Though both of these hotels are also
transfer partners with Ultimate Rewards, there's simply no way to accrue this type of
points balance quickly and the redemption would offer fairly abysmal
value per point, at least compared to the great deal we found on flights above.
Most redemption options — including cash back and travel redemptions through the Chase Ultimate Rewards portal — are worth 1 cent, but the
value can exceed 2 cents
per point if you take advantage of
transfer options.
That's worth $ 1,660 at the basic $ 0.01
per point value, and if you utilize the
transfer partners correctly you could redeem it for over $ 3,320 worth of airfare!
You can
transfer Ultimate Rewards
points to airline and hotel partners or redeem them through the Chase travel portal at a
value of 1.25 cents
per point.
On the other hand, Southwest (which is a Chase
transfer partner) has a fixed -
value redemption system where their Rapid Rewards
points are worth 70 to 80
points per dollar, which comes out to 1.43 cents
per point at best.
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.
The
transfer ratio from Membership Rewards to Starwood isn't great — 3 Membership Rewards
points per Starpoint — but because of the high
value of Starpoints, you can still find reasonable
value in the trade — around 0.74 cents
per point on average.