40,000 Chase Ultimate Rewards Points: Value in 2023 (2024)
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40,000 Ultimate Rewards points are worth an average of $412, 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.
Book travel through the Chase portal: This is where Ultimate Rewards points are most valuable. You can book hotels, airfare and vacations at 1.5 cents per point with Sapphire Reserve. Sapphire Preferred is 1.25 cents per point. There's additional earn when booking through Chase Ultimate Rewards on select products.
How much are 50,000 Chase points worth? 50,000 Chase points are worth at least $500 when redeemed for cash back or travel through the Chase Travel portal and as much as $750 if you hold the Chase Sapphire Reserve® card. However, it's possible to get even more value when transferring to Chase's travel partners.
The best way to get the maximum value from Chase Ultimate Rewards is to redeem them for flights. Transfer Ultimate Rewards to Chase airline partners for exceptional flight redemptions in first class, business, and more.
For many travelers, the default should be to use your points for a trip — whether that's by transferring points to travel partners or redeeming through the Chase Travel℠ portal. However, you may want to book cash rates: To save your points for an incredible redemption.
No, your Chase Ultimate Rewards® points do not expire — as long as you keep your credit card account open. However, if you close your card account before redeeming or transferring your rewards, you'll no longer have those points.
How much are 100,000 Chase rewards points worth? The math is the same as above, so 100,000 Ultimate Rewards points are typically worth at least $1,000.
The main way you can redeem your points is through the Chase travel portal. There, you can directly find, book and pay for travel expenses such as flights, hotels, car rentals, cruises, tours and other activities or transfer points to hotel and airline partners.
Transferred points can be worth an average of 0.7 cents each to 2.6 cents each, depending on the Chase transfer partner you choose. Some of the best redemptions for Chase points come from programs like Southwest Rapid Rewards, United MileagePlus and World of Hyatt.
40,000 Chase points are worth $412 with most Chase credit cards, whether you spend them on travel, cash back, gift cards, experiences or shopping. With a few Chase cards, 40,000 points can be worth 25% - 50% more when redeemed for travel through Chase Ultimate Rewards.
However, the best value for Chase Unlimited points is often simply redeeming points for cash back. With this redemption option, you'll get $10 in cash back for every 1,000 points redeemed. Sure, you can also get 1 cent per point when redeeming points for several redemption options.
Chase Ultimate Rewards® are among the most valuable travel rewards you can earn. These points offer high upside thanks to Chase's lucrative roster of 11 airline and three hotel transfer partners, as well as a respectable value floor when you redeem directly with Chase for travel and statement credits.
How much are 100,000 Chase points worth? When redeemed for cash back, 100,000 Chase points are worth $1,000. When redeemed for travel booked through Chase, 100,000 points are worth $1,500 if you have the Chase Sapphire Reserve®, or $1,250 with the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card.
How much are 100,000 Chase rewards points worth? The math is the same as above, so 100,000 Ultimate Rewards points are typically worth at least $1,000.
The cash back option is redeemable at the rate of $1.00 per 100 points, or 1 cent per point. So, if you have 20,000 points, for example, you could redeem them for $200 in cash.
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