Why Chase Points Are So Valuable

Many credit card rewards programs lock you into one airline or hotel chain.

Chase Ultimate Rewards points are different.

You can:

  • Redeem them for cash back
  • Book travel through Chase Travel
  • Transfer them to airline partners
  • Transfer them to hotel partners

The transfer partners are where the real magic happens. Chase points are typically worth 1 cent each when redeemed for cash back, but strategic transfers can often produce 2 cents per point or more in value.