Home Money Chase Ultimate Rewards – Redeeming for Airlines and Hotels

Chase Ultimate Rewards – Redeeming for Airlines and Hotels

by Charles
Chase Ultimate Rewards

Travel hacking is becoming more well known now. If you are not familiar with the term it simply refers to using points accumulated from purchases and sign up bonuses from credit cards to pay for flights, hotels, cars, and even activities. Chase Ultimate Rewards is one of the best programs to redeem points for travel and has a long list of airline and hotel partners. It can be hard to know the best way to redeem these points though. It took me many hours initially to try and find out the best way to redeem Chase points. I’ll share with you all the tools and strategies I use to get the best redemption value for Chase Ultimate Reward Points on airlines and hotels.

This is part 2 of a series I am writing for travel hacking. Follow the link to see part 1 where I go into the details of Chase travel credit cards: The Best Chase Travel Credit Cards Explained: Jump Start Your Travel Hacking.

Chase Ultimate Rewards – do you have points to spend?

The first step is to get a Chase credit card and accumulate a decent amount of points. The most common being the Chase Sapphire Preferred and Chase Ink Business Preferred. Both are great starter cards and I recommend them myself.

Next, a thought comes creeping into your head…how the heck do you use these?

First let’s start with how you shouldn’t use them. These comments assume you like traveling and if you don’t, that’s okay too. The below examples will also be referring to the Chase Ultimate Rewards ecosystem, but if you have points with other credit card companies the same will apply for you. Only difference will be the exact numbers I use may not be true for non-Chase scenarios and the transfer partners won’t be the same.  So before you go spending those points, read this first!

How NOT to use your Chase Ultimate Rewards

  1. Credit card statement – It might be tempting to just take those points as a statement credit as it’s practically cash, right? Resist! This transfer is only a 1 to 1, meaning (in Chase points) 100 points = $1. We can do much better when you use those points for travel.
  2. Gift cards/online purchases – This is similar to the statement credit, these often still only use the 1 to 1 point transfer ratio or less and is not the best way to maximize your points.
  3. Booking travel through Chase’s online portal – I put an asterisk here as this is usually not the best method, but there are sometimes exceptions.  Your points are worth 25% more by booking travel through Chase (50% if you have the Chase Sapphire Reserve). We have beaten the credit card statement value here, but we can still do better!

How you SHOULD spend your Chase Ultimate Rewards

Travel partners…travel partners…travel partners.

The best value you can achieve from your points is to transfer them to travel partners. By transferring points we can often achieve a 1 to 2 ratio. Meaning our points are worth double! There are deals that get even higher ratios too.

Travel partners include both hotels and airlines. It’s possible to get 1:2 point ratios with both. Not all hotel points are worth the same though. Let’s take a look.

Redeeming Chase Ultimate Rewards points for hotel partners

Chase Ultimate Rewards has multiple hotel partners. They include Hyatt, Marriott, and IHG. They are not all created equal though.

Chase Ultimate Rewards Hotel Partners:

  1. Hyatt – Best redemption value
  2. Marriott – Second best redemption value
  3. IHG – Spendy redemption rates

If you are looking at booking a hotel make sure to start your search with AwardMapper.

award mapper best way to find chase ultimate rewards hotel partners

They list all the award points for every reward program out there. This a great place to start your search and get an overall feel of what category each hotel is in the area you are looking. This directly relates to the amount of points it will cost. In the right hand column they list all the hotels and the point range to book it.

On the left hand side of the screen you can further click on each award type and filter for the points you can transfer. In the Chase ultimate rewards case, we can look at Hyatt, Marriott, Intercontinental, and Club Carlson. In the above search I found Hyatt had a hotel for 5000 a night, while Marriott’s next cheapest was 7500 points.

Once you get a good point overview, you can go to the specific hotels websites and search for bookings with points to check availability for the time you want to go.

Here is a good video explaining the features of AwardMapper.

Just a general note, you can usually achieve much better point value with airlines rather than hotels. Don’t feel discouraged if you feel like hotels you are searching for all come up with higher point costs.

To see how we used Chase points for booking hotels check out Our First Travel Hack: Colorado

Using Chase Ultimate Reward Points for Airline Partners

Travel partners…travel partners…travel partners.

Sinking in yet? Point transfers to airlines is the bread and butter of travel hacking! Following these tips and  you’ll never have to pay for an airline ticket again, only the taxes. This makes travel MUCH more affordable and it’s how HerFI and I take multiple trips every year while still stashing money away for retirement.

Chase airline transfer partners:

  1. Aer Lingus
  2. Air France
  3. KLM
  4. British Airways
  5. Iberia
  6. JetBlue
  7. Singapore Airlines
  8. Southwest
  9. United
  10. Virgin Atlantic

You can transfer Chase ultimate reward points to these airline partners at a ratio of 1:1. So 1 Chase UR point is worth 1 point in the airlines respective rewards program.

To complicate things further, each of those transfer airlines operate within their own airline alliances. Airlines partner with each other that allow the use of their points on other airlines. For example, it is possible to transfer points from Chase to United Airlines. United will have a reward booking but the flight you take isn’t on a United airplane, it could be on an Air Canada plane.

This big network of alliances lets you use your Chase UR points for a large number of destinations. This is why Chase points are so valuable and highly coveted.

To get a full grasp of the possibilities I created this info-graphic to show how all the airlines are connected. At the top of the info-graphic is your Chase UR points which can be transferred to the airlines below it. Each of those airlines have alliances that are shown by the arrow. Southwest is the exception here as they do not operate in any alliances, so I put an X below them.

chase ultimate rewards

Do note that there is limited availability for the airline alliances when booking with points. You won’t always be able to use an airline alliance when trying to plan out how to use your points. Luckily there is a great tool you can use to search for points, similar to AwardMapper.

Steps for searching airline partners for award travel

1. Award Hacker

Awardhacker is a great tool to start your search to book a plane with points.

awardhacker search tool for chase ultimate rewards airline partners

Let’s look at an example where we go from PDX to CUZ. This is a similar search HerFI and I made when we booked our flights to Peru. You have multiple options for searching for flights. I had to go up to 2 stops to get any flight availability and also chose Show Off-Peak award to see all available options, aka cheapest.

There were multiple results ranked lowest to highest points. On the right side you see the programs that you can transfer points from. Looking at the third options we see United Airlines with a blue highlighted UR. Based on information we know and the info-graphic, we can transfer points from Chase Ultimate Rewards to United.

2. Go to the airline partners website

From this point we need to go to United’s website to look at award bookings. Sometimes you’ll need to call if you don’t see any award availability on their website. Airlines don’t always list all partner flights online, so give them a call to make sure you know all your options. Back to the online search, I did the same search on United as I did on awardhacker.

 

how to book chase ultimate rewards airline partners with points

I started searching in June, but I wasn’t able to find a 20k return point flight in that time-frame. So I adjusted my start time to April and was able to find a 20k depature and 20k return flight. This resulted in 80k points roundtrip for 2 people from Portland to Cusco. Taxes came in for a total of $134 dollars. The comparable dollar amount for this flight came in at $1754. This equates to about a 2 cent per 1 point value, a good point value to shoot for.


the money savings of chase ultimate rewards point transfer to airlines

Looking at the airlines for this route, we see that we’ll be flying with United Airlines, Copa Airlines, and Avianca Airlines. Make sure when searching for flights you use the award search and if the option is available to search alliance airlines, make sure to select that as well. With united, I only needed to search the award travel.

With most airlines and hotels, you’ll need to create an online account with their point program to be able to even search for point bookings. These accounts are free and if you do decide to book an award flight with them, you’ll need that account to transfer points from Chase UR to the partner airline or hotel.

Point values to shoot for

So what is a good deal? Generally the sweet spot is to aim for a 2 cents per 1 point conversion. It’s possible to get higher cents per points, but it usually involves finding the limited deals or special offers from airlines. When you are searching, if the dollar cost is pretty low then you may be better off booking through the Chase online travel portal. If the dollar cost seems average or high, then transferring points is usually always better.

Additional Resources

Awardhacker – Use to start your search for booking airlines with points.

Awardmapper – Use to start your search for booking hotels with points.

Awardwallet – Use to keep track of all your award points, like personal capital or mint for your award points.

Reddit/churning – Good community to discuss about “churning” credit cards for their sign up bonuses. They talk about accumulating points.

Reddit/awardtravel – Good community to discuss about all things redeeming points. You can even ask advice for a specific trip.

Doctorofcredit – Good articles and resources for credit cards, current sign up bonuses, and any changes in how you can spend points.

Don’t be intimidated searching for award flights. It does take more time than a normal booking but the rewards are so worth it.  Hopefully by following along with my examples you can save yourself some time and make using your points just a little bit easier.

If you got any cool tips or tricks on using Chase Ultimate Rewards, let us know in the comments. Keep on travel hacking my friends!

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16 comments

Yellow Brick Freedom January 24, 2018 - 8:05 am

Awesome post! We are somewhat new to travel hacking and this is really helpful for a beginner.

Reply
Charles Drake January 24, 2018 - 8:17 am

Thank you. I spent way too much time in the beginning trying to use points. Hopefully this speeds up the process for others.

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Anne January 25, 2018 - 2:16 pm

Thank you for this! I’ve always just used the Rewards portal because this was so initimidating to me. This really helps break things down! 🙂

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Charles Drake January 27, 2018 - 5:11 pm

You’re welcome! I’m glad it was helpful. Got to maximize them points 🙂

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Drew @ FIIntrovert January 27, 2018 - 4:37 pm

Thank you for the tip on the Award Hacker website and to book through the airline. We just got our first 50,000 bonus for our Chase Sapphire and my wife just applied for her own Chase Sapphire so we’ll start on that bonus now (and I believe there is a 10,000 point referral bonus we will get because I referred her). 110,000 points plus whatever we got for the spending to get the bonuses.

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Charles Drake January 27, 2018 - 5:14 pm

Yeah awardhacker is a great place to start your search. You are correct on the 10000 point referral, getting points is much easier with a partner. Those points should be able to get you both to some really great destinations.

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Smart Money and Travel February 7, 2018 - 8:32 pm

Nice post. We love UR points and redeeming them for flights. They transfer well to the Star Alliance, as you pointed out. We will have to check out awardhacker.

We wrote a short post in the same vein, about how to transfer UR points to United –> https://www.smartmoneyandtravel.com/how-to-transfer-chase-ur-points-to-united-and-other-partners/

Reply
Charles Drake February 7, 2018 - 10:05 pm

Thank you. Awardhacker is a nice tool to use, especially when you are looking for your next credit card. As being able to know which points work for the destination you want to go to next is a big help.

I liked your post, I feel like it covered some things I didn’t go over in this writeup.

Reply
Bob Haegele May 25, 2018 - 6:43 am

Hey Charles,

Great post. I am slowing figuring out how I am going to tackle my first international trip. I have a few particular cities in mind, all of which are in Europe. You mentioned a room for 5,000 points – can I ask where that was? In Europe, the cheapest hotel from Chase’s partners that I saw was 20k, but if yours was in the US, that might be the reason

-TFF

Reply
Charles May 25, 2018 - 6:56 am

Hi Bob, thanks for the comment! As you found out the points are highly dependent on location, the 5k points I referenced was for a category 1 Hyatt hotel. The lower the category number the cheaper the point redemption will be. You can use Hyatt’s search by hotel category and location here: https://www.hyatt.com/explore-hotels?categories=0&regionGroup=3-Europe

If there are no cheap transfer partners it might be worth checking out the online Chase portal (login to your chase account and go to redeem for travel in your ultimate rewards) and see if they have any cheaper hotel point redemption’s.

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Bob Haegele May 30, 2018 - 2:54 pm

Yeah, that makes sense. I’ll check the portal – thanks!

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Bob Haegele May 30, 2018 - 3:09 pm

Looking now – for whatever reason, there are all kinds of hotels available through the hotel that aren’t listed through their travel partners. Not only that, but a lot of the rates are much lower. Great tip!

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Gary July 31, 2018 - 4:22 pm

On car rental I found the price for 2 days was equal to Hotwire, Priceline and prepay with Alamo. I decided to try the UR booking and used points and cash knowing the cancellation policy wasn’t that great. After arriving in Seattle I was hit with all the taxes that was stilled owed, about $24.00 a day more. I could not cancel and go somewhere else so there I was using my UR card to pay or have nothing. I have never had this happen before in a reservation with any other portal or car agency. UR agents said that taxes are NOT included in the price they quote. SO BEWARE!

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Charles July 31, 2018 - 4:34 pm

Thank you for sharing your story Gary. I personally wasn’t aware that they don’t list all the car rental fees in the UR booking portal. Something to really keep in mind for the future to better compare the value of the redemption.

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Joel January 30, 2019 - 11:43 am

Hello.

I am just confused as to why tranferinng points to travel partners is better than booking on UR website. The UR website used 150% of the points while the tranfers in only 100%. Am I wrong about this?

Reply
Charles January 30, 2019 - 12:10 pm

Hey Joel,

With the transfer partners, they often offer a cheaper rate using points than the Chase UR website.

So yes the transfer itself is 100%, but if the partner website costs half the points, then you are effectively getting a 200% value.

Reply

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