![]() For example, I got a huge value when I took my dad to Israel in business class with Chase points transferred to my United account.Īll Chase Ultimate Rewards transfers are at a 1:1 ratio, meaning 1 Chase point = 1 airline mile or 1 hotel point. You can also transfer to hotel partners, but airlines tend to offer the best value. Points can be worth a lot more, however, when you transfer to partner airlines. You can redeem points through the Chase Ultimate Rewards travel portal (with no limits or blackout dates) or toward select everyday purchases through Pay Yourself Back at a rate of 1.25 cents each. The Chase Sapphire Preferred earns 5 points on travel purchased through Chase Ultimate Rewards®, 2 points on all other travel purchases, 3 points on dining, online grocery purchases (excluding Target, Walmart and wholesale clubs) and select streaming services, 5 points per dollar on Lyft rides through March 2022, and 1 point per dollar everywhere else. Read Our Review Read Our Review A looong arrow, pointing right
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