Chase Ultimate Rewards Points Calculator

Chase Ultimate Rewards Points Calculator

Chase Ultimate Rewards Points are worth 1.25 cents for Chase Sapphire Preferred and Chase Ink Business Preferred cardholders and 1.5 cents for Chase Sapphire Reserve cardholders. These values are due to the bonus 25% and 50% point boosts these cards receive when redeeming Ultimate Rewards Points on the Chase Travel Portal. In addition to redeeming points on the travel portal, points can be used for gift cards, cash back, and can be transferred to over 10 travel partners

Ultimate Rewards Points Cash Value

The sections below will cover everything you can use Ultimate Rewards Points for and the value you will get out of each of the redemptions. Do note that all redemptions may not have a designated point value due to varying prices or hidden/unknown cash prices. You can use the calculator in the table below to calculate the cash value of your Ultimate Rewards Points for all redemptions covered in this section.

Ultimate Rewards Points Value Table
UR Points
Transferring To Partners
2+ Cents (Aggressive)
Chase Sapphire Reserve Cardholders
1.5 Cent Per Point
Chase Sapphire Preferred / Ink Business Preferred Cardholders
1.25 Cent Per Point
Apple Merchandise
1 cents
Cash Back
1 cents
Gift Cards
1 cents
Basic Travel Redemption
1 Cent Per Point (cash back cards; no UR card)
0.8 cents

Chase Ultimate Rewards Portal

Ultimate Rewards Points can be used to book travel through the Chase Ultimate Rewards Travel Center. This allows you to easily use points to pay for airfare, rental cars, hotel stays, and more. The true benefit of this portal comes from which Ultimate Rewards Point earning cards you own. Owners of the Chase Sapphire Preferred or the Ink Business Preferred will earn a 25% bonus on travel center redemptions giving Ultimate Rewards Points a value of 1.25 cents per point. Chase Sapphire Reserve cardholders will receive a 50% bonus giving each Ultimate Rewards Point a value of 1.5 cents each.

The difference between these card does not seem like a lot, but let's assume you want to redeem these points for a $1,000 flight. This would normally cost 100,000 points at the rate of 1 cent each if you didn't own any of the three Ultimate Rewards Points earning cards. Chase Sapphire Preferred and Chase Ink Business Preferred cardholders would only need to pay 80,000 Ultimate Reward Points for the same $1,000 flight. And what about Chase Sapphire Reserve cardholders? Only 66,667 Ultimate Rewards Points! For Chase Sapphire Reserve cardholders, that's a saving of 33,333 points which is worth $500 at the rate of 1.5 cents each. This is one of the primary reasons that the Chase Sapphire Reserve always comes out on top when compared to the Chase Sapphire Preferred, even with the annual fee (Compare them side-by-side for yourself!)

Do other programs have point boosts when using their personalize travel portal? Yes! Both American Express and Citi (for the moment) offer boosts when holding specific credit cards within their reward programs. For AMEX, Membership Reward Points are worth 1.54 cents each when you use the Business Platinum Card and 1.3 cents each when you use the Business Gold Card to redeem airfare through the American Express Portal thanks to the 35% and 25% point rebates these cards offer. For Citi, ThankYou Points are worth 1.25 cents each (until early 2019) for owners of the ThankYou Premier and Citi Prestige cards.

Cash Back

Ultimate Rewards Points can be redeemed for cash back at the value of 1 cent per point. This means 100 Ultimate Rewards Points will give you a $1 in cash back. There is no minimum redemption level. While not the best use of Ultimate Rewards Points, it's good to know that it's a decent rate whereas other cards give you an extremely reduced value like Venture Miles at 0.5 cents per point.

Gift Cards

Ultimate Rewards Points can be used to pick up gift cards from top retailers at an average value of 1 cent per point. Some gift cards are offered at a slight discount which can get you a little more than a cent per point as well. Below are some of the available cards you can grab up using your Ultimate Rewards Points.

  • Hello Fresh
  • Lowes
  • Wayfair
  • The Home Depot
  • Barnes & Noble
  • Kohl's
  • Bath & Body Works
  • Spotify
  • Panera Bread
  • Happy Eats
  • Atom
  • Build-A-Bear Workshop
  • Xbox
  • The Children's Place
  • Google Play
  • Lord & Taylor
  • Ulta Beauty
  • Saks Fifth Avenue / OFF 5th
  • Nike
  • REI


Ultimate Rewards Points can be used to pay for your purchase on Amazon through their Shop With Points program which also features other big reward programs such as AMEX Membership Rewards, Citi ThankYou Rewards, and Hilton Honors. Using your Ultimate Rewards Points on Amazon will give you a value of about 0.8 cents per point. While this is up to par with the other programs, Chase gives you cash back at a value of 1 cent per point. This means you're better off redeeming your points for cash and then using that cash to make purchases off of Amazon, otherwise you will be losing 0.2 cents per point for no good reason.


If you're making an Apple purchase, Chase allows you to use Ultimate Rewards Points to purchase Apple merchandise through the portal. You will get a value of 1 cent per point. Again, not the best redemption, but still something to consider when cashing in your points. Personally, you're better off using the Barclays Apple Rewards Card if you're looking for financing or using a card with great warranty and purchase protection like the AMEX Platinum Card.

Chase Transfer Partners Calculator

Ultimate Rewards Points can be transferred to several airline and hotel partners at a rate of 1,000 Ultimate Rewards Points for 1,000 miles/points in the partnering program. This essentially allows you to build up miles/points at a much faster rate than most co-branded airline cards and tie some hotel cards. I will discuss a few of the transfer partners that stand out. Do note that some airline partners share the same rewards currency such as Iberia and British both using Avios.

Ultimate Rewards To Hyatt

Hyatt Points are valued at about 1.8 cents each so there will be times in which transferring your Ultimate Rewards Points to Hyatt will get you a great value. So when will you want to transfer your points over to Hyatt at the 1:1 ratio? When the price comes out to be cheaper than the cost Chase displays on their portal.

Log into your Ultimate Rewards Account, go to travel and find the hotel you're looking to stay. Be sure to pick a room type and click through to the end to see how many points you would need for the stay plus any taxes that may be charged. Once you note the cost of the trip through the Chase Ultimate Rewards Portal, slide over to the Hyatt website and find the same room. From there, you should pick the one that will cost you the least amount of points. Just remember that if you're booking through the Chase Portal and have World of Hyatt Elite Status, you may not receive those benefits nor the points for your stay. Consider that when deciding between the Ultimate Rewards Portal and Hyatt Price.

Ultimate Rewards To Flying Blue

Air France/KLM has a lot of sweet spots when it comes to booking travel from the U.S. to Europe. You can score great economy rewards such as Los Angeles, CA to London, Heathrow starting as low as 21,500 Miles. Same goes for Chicago to London. You can use the Miles Price Estimator that Flying Blue has available. You can then search their site for award flights.

Ultimate Rewards To Virgin Atlantic

Delta can sometime be on the high side when it comes to book award travel through their site on Delta metal. You can get around this by transferring Ultimate Rewards Points (or Membership Rewards Points) to Virgin Atlantic to book award flights on Delta. This can usually save you a hefty amount of points and miles. It's also very good for booking Delta One flights as well if you can find the availability!

Other Airline Transfers

If you're looking for first class travel, you can transfer your Ultimate Rewards Points to Singapore Airlines KrisFlyer program. Singapore offers great first/business class service and suites. If you dedicate some time to find availability, you can enjoy their wonderful suites for as cheap at 80,000 Ultimate Rewards Points in some cases!

Earning Ultimate Rewards Points

Ultimate Rewards Points are earned by using Chase's popular Ultimate Reward Points earning cards. There are three primary cards that earn these points. Running any kind of spend through these cards will generate a number of Ultimate Rewards Points per dollar spent. You can click on any of these cards to calculate the dollar value of the card based on how many points you can earn based on your spend, the cash amount you assign to each card perk, and the annual fee.

Chase Sapphire Reserve Card
$450 Annually

The Chase Sapphire Reserve Card is packed with travel benefits which includes $300 in travel credits, a Global Entry or TSA PreCheck statement credit, and Priority Pass. On top of that, it offers 3x Ultimate Rewards Points on all travel and dining purchases. Owners of the Sapphire Reserve also boost the value of Ultimate Rewards Points up to 1.5 cents each for travel redemptions on the Chase Ultimate Rewards Portal making all points earned extremely valuable!

Chase Sapphire Preferred Card
$0 first year, then $95 annually

The Chase Sapphire Preferred Card is a step down from the Reserve card. It earns 2x points on all travel and dining purchases. It offers a 25% redemption bonus on Ultimate Rewards Points when they're redeem through the Chase Ultimate Rewards Portal which will be worth a value of 1.25 cents per point.

Ink Business Preferred Credit Card
$95 Annually

The Ink Business Preferred Card is one the best business credit cards for earning Ultimate Rewards Points. It earns 3x points on the first $150,000 in combined spending across the categories of travel, shipping, internet, cable, phone, and advertising. After that, a flat rate of 1 point per dollar will be earned. Owners of this Ink Card will be able to redeem Ultimate Rewards Points at a value of 1.25 cents per point on the Chase Ultimate Rewards Portal.

Chase Cash Back Cards

In addition to having great point earning cards, Chase has four superb cash back credit cards as well. If you own any of the three Ultimate Rewards Points credit cards, you will be able to convert any hard earned cash back into points. One cent in cash back earned will be equal to 1 Ultimate Rewards Point. Not only does this give you additional cards to work with, but Chase's four cash back credit cards does not have an annual fee. So you're looking at some great returns running spend throught Chase's cash back cards.

Chase Freedom Card
No Annual Fee

The Chase Freedom Card can be a great choice when it comes to help building Ultimate Rewards Points. This card features a quarterly rotating 5% cash back categories similar to the Discover IT Card. This is one of the best cards you combine with Ultimate Rewards Points for easy 5x earning rates!

Chase Freedom Unlimited
No Annual Fee

The Chase Freedom Unlimited Card earns a flat rate of 1.5% cash back on all purchases. Similar to other flat rate cards such as the Citi Double Cash and Capital One Quicksilver Card, this is a simple to use card that can earn you a solid 1.5% return on purchases that your other Chase Cards will only earn a 1% return for.

Chase Ink Business Cash
No Annual Fee

The Chase Ink Business Cash Card is another great choice when it comes to building cash back or Ultimate Rewards Points on great business categories. It earns a whopping 5% cash back on office supply stores, cable services, internet services, and phone services. It also offers solid cash back on both restaurant and gas station purchases. To top it all off, it has no annual fee!

Chase Ink Business Unlimited
No Annual Fee

The Chase Ink Business Unlimited Card is the business version of the Chase Freedom Unlimited Card. It earns a flat 1.5% on all purchases and would compliment any of the above cards for non-category spending. It's a great card for anyone looking to earn no less than a 1.5% return on cash back or Ultimate Rewards Points on business purchases.

Chase 5/24 Rule

Be aware that Chase has a "hidden" rule referred to as 'Chase 5/24'. If you've opened 5 new accounts within the past 24 months (2 years), Chase will usually deny you credit. Be sure to keep this in mind if you plan on adding any Chase credit cards to your wallet. If you have other credit cards in mind, it's best to start with Chase before you acquire too many new accounts on your credit reports.

Side-By-Side Comparisons

Below are a list of side-by-side comparisons against various rewards cards from the Ultimate Rewards Program. Get the details of how these cards compare based on spend, benefits, and fees. You can also calculate your total return per $1 spent side-by-side based on the spend values you enter to see which card is better.

Double Dip! Use Ebates to earn hundreds in cash back on top of the rewards you would normally earn on hotels, car rentals, airfare, and online shopping. Sign up for Ebates before your next online purchase!

Ultimate Rewards Points Videos

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About These Calculators: These calculators are provided to help you estimate how many points, miles, or other form of currency you can accumulate based on spend, bonuses, fees, and a number of other factors. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.

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