Chase Ultimate Rewards points can be redeemed for airfare, hotels, car rentals, cash back, gift cards, merchandise, and can be converted into airline miles and hotel points with partners. Use our Chase points to dollars calculator to find out how much your points are worth for these redemptions and more.
If you want a more in-depth breakdown of all available redemption options, check out: What's The Value of Chase Ultimate Rewards Points?
Chase points value
Chase Ultimate Rewards points can easily be redeemed for 1.25 to 1.5 cents per point towards travel book through Chase Travel, but can be worth even more when transferred to Chase's airline and hotel partners.
| Redemption options | Chase points value (in cents) |
|---|---|
| Point transfers to hotel partners | 0.6 - 2.1 |
| Point transfers to airline partners | 1 - 2 |
| Booking travel through Chase Travel℠ | 1 - 1.5 |
| Pay Yourself Back | 1 - 1.5 |
| Redeeming points for cash back | 1 |
| Redeeming points for gift cards | 1 |
| Using points for Amazon.com purchases | 0.8 |
Average redemption values
The table below lists the average value range of Ultimate Rewards points for several denominations when redeemed towards travel using Chase's travel cards.
| Chase Points | Cash Value |
|---|---|
| 1 Point | $0.0125 - $0.015 |
| 5,000 Points | $62.50 - $75 |
| 10,000 Points | $125 - $150 |
| 25,000 Points | $312.50 - $375 |
| 50,000 Points | $625 - $750 |
| 60,000 Points | $750 - $900 |
| 75,000 Points | $937.50 - $1,125 |
| 100,000 Points | $1,250 - $1,500 |
Calculator: Convert Chase points to dollars
Use the Chase Points Value Calculator to determine the dollar value of your Ultimate Rewards Points when used for travel, cash back, and more. This will give you an idea of how much your points are worth based on redemption.
Chase Points Value Calculator
| Redemption | Average Dollar Value |
|---|---|
| Point transfers to airline and hotel partners | $0 to $0+ |
| Chase Sapphire Reserve: Chase Travel | $0 |
| Chase Sapphire Preferred: Chase Travel | $0 |
| Ink Business Preferred: Chase Travel | $0 |
| Pay Yourself Back | $0 - $0 |
| Chase Travel with other Chase-branded credit cards | $0 |
| Cash back redemptions | $0 |
| Using points for gift cards | $0 |
| Amazon.com purchases | $0 |
Redemption value calculator
Use the Ultimate Rewards Points Redemption Value Calculator to determine if a redemption is worth it based on the cost in cash and the cost in points. Try to aim for redemptions that gives you at least 1 cent per point (though you should strive for 1.25 cents and higher if possible).
Credit cards that earn Ultimate Rewards points
Chase offers three Ultimate Rewards credit cards that earn points redeemable for high value towards travel. Here are those cards:
- Earn 10X points on hotels and car rentals booked through Chase Travel℠
- Earn 5X points on flights booked through Chase Travel℠
- Earn 3X points on travel worldwide and dining at restaurants
- Earn 1X points on all other purchases
- $300 statement credit for travel purchases charged to the card each anniversary year
- Complimentary Priority Pass Select membership
- Up to $100 towards a Global Entry, TSA PreCheck, or NEXUS application fee
- 50% boost to point value on travel booked through Chase Travel
- $550 annual fee
- Card Value & Chase Sapphire Reserve Points Calculator
- Earn 5X points on travel booked through Chase Travel℠
- Earn 3X points on dining, online grocery purchases, and on select streaming services
- Earn 2X points on other travel purchases
- Earn 1X points on all other purchases
- 25% boost to point value on travel booked through Chase Travel
- $50 credit every cardmember anniversary good towards hotel stays booked through Chase Travel
- 10% bonus points based on how much you spend the prior cardmember year
- $95 annual fee
- Card Value & Chase Sapphire Preferred Points Calculator
- Earn 3X points on the first $150,000 spent on travel and select business categories each account anniversary year
- Earn 1X points on all other purchases
- 25% boost to point value on travel booked through Chase Travel
- $95 annual fee
- Card Value & Chase Ink Preferred Points Calculator
Chase cash back credit cards
Chase's cash back credit cards also earn Ultimate Rewards points with the difference being that these points can only be redeemed for cash back and a few other redemptions at a value of 1 cent per point on average.
The best thing about these cards is that you can move these 'lower-valued' points to Chase's travel cards and redeem them for higher value towards travel. I highly recommend pairing some of the cards below with Chase's main travel cards above.
Here are Chase's cash back credit cards:
- Earn 5% cash back on travel purchased through Chase Travel℠
- Earn 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
- Earn 1.5% cash back on all other purchases
- $0 annual fee
- Card Value & Freedom Unlimited Points Calculator
- Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
- Earn 5% cash back on travel purchased through Chase Travel℠
- Earn 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
- Earn 1% cash back on all other purchases
- $0 annual fee
- Card Value & Freedom Flex Points Calculator
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
- Earn 1% cash back on all other card purchases
- $0 annual fee
- Card Value & Ink Business Cash Points Calculator
- Earn unlimited 1.5% cash back on every purchase made for your business
- $0 annual fee
- Card Value & Ink Business Unlimited Points Calculator
FAQs
What is the value of a Chase Ultimate Rewards point?
Chase Ultimate Rewards points are worth 1 to 2 cents per point on average. So 10,000 points can be worth $100 to $200 depending on how you redeem them.
How much is 1,000 Chase points worth in dollars?
1,000 Chase points are worth $10 for cash back and gift cards, but can be worth anywhere from $10 to $20 or more when redeemed for travel.
How much is 5,000 Chase points worth in dollars?
5,000 Chase points are worth $50 for cash back and gift cards, but can be worth anywhere from $50 to $100 or more when redeemed for travel.
How much is 6,000 Chase points worth in dollars?
6,000 Chase points are worth $60 for cash back and gift cards, but can be worth anywhere from $60 to $120 or more when redeemed for travel.
How much is 10,000 Chase points worth in dollars?
10,000 Chase points are worth $100 for cash back and gift cards, but can be worth anywhere from $100 to $200 or more when redeemed for travel.
How much is 20,000 Chase points worth in dollars?
20,000 Chase points are worth $200 for cash back and gift cards, but can be worth anywhere from $200 to $400 or more when redeemed for travel.
How much is 30,000 Chase points worth in dollars?
30,000 Chase points are worth $300 for cash back and gift cards, but can be worth anywhere from $300 to $600 or more when redeemed for travel.
How much is 50,000 Chase points worth in dollars?
50,000 Chase points are worth $500 for cash back and gift cards, but can be worth anywhere from $500 to $1,000 or more when redeemed for travel.
How much is 60,000 Chase points worth in dollars?
60,000 Chase points are worth $600 for cash back and gift cards, but can be worth anywhere from $600 to $1,200 or more when redeemed for travel.
How much is 65,000 Chase points worth in dollars?
65,000 Chase points are worth $650 for cash back and gift cards, but can be worth anywhere from $650 to $1,300 or more when redeemed for travel.
How much is 75,000 Chase points worth in dollars?
75,000 Chase points are worth $750 for cash back and gift cards, but can be worth anywhere from $750 to $1,500 or more when redeemed for travel.
How much is 80,000 Chase points worth in dollars?
80,000 Chase points are worth $800 for cash back and gift cards, but can be worth anywhere from $800 to $1,600 or more when redeemed for travel.
How much is 100,000 Chase points worth in dollars?
100,000 Chase points are worth $1,000 for cash back and gift cards, but can be worth anywhere from $1,000 to $2,000 or more when redeemed for travel.
We've run the calculations and checked them twice — here are the credit cards that consistently provide outstanding value to our users:
- Best flexible travel card: Capital One Venture Rewards Credit Card
- Best overall value year after year: Chase Sapphire Preferred® Card
- Best for high cash back: Blue Cash Preferred® Card from American Express
- Best for foodies: American Express® Gold Card
- Best for business travel rewards: Ink Business Preferred® Credit Card
- Best for heavy business spenders: Capital One Spark Cash Plus
