There are a variety of cards that earn some of the most valuable points around — Chase Ultimate Rewards®. These can be transferred to many different airline and hotel partners, opening up a world of possibilities for how to use them. Even better, if both you and a player two (someone else who opens cards and travels with you) both open the cards, you can double your points.
So, once you have that huge stash of points, what exactly can you do with them? First, let’s go over your card options and the three main ways to use your points. Then we’ll go over a list of options for using them to book trips.
Earning Points
There are four cards that earn fully flexible Chase points, meaning you can use the card to transfer points to airline and hotel partners.
Here are your card options:
**Newly elevated!** Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
Annual fee$95
Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening. This is the highest offer this card has ever had!
Annual fee$795
Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
Annual fee$95
Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and access more than $7,000 in total business and travel value in your first year.
Annual fee$795
That being said, as of June 15th, 2026, points from the two Preferred cards no longer transfer to Hyatt at a 1:1 ratio. Instead, points transfer 4:3, meaning every 1,000 Chase points becomes 750 Hyatt points. This isn’t great. If you want to keep the 1:1 Hyatt transfer ratio, you’ll need one of the two Reserve cards.
Three Ways to Use Your Points
There are three main ways to use your Chase Ultimate Rewards®.
- Cash them out for a statement credit. When you cash out these points, they are worth one cent per point. This means that every 10,000 points is worth $100. So, 100,000 points would be worth $1,000 when cashed out. You can do this to cover the cost of any travel that you book on your card.
- Use them to book flights, hotels, or rental cars through Chase Travel℠. Sometimes cash prices are low enough that the portal actually costs less money. It’s a good idea to check both the portal and transfer partners to see which is less points.
- Transfer them to hotel and airline partners. You can transfer your points from Chase to one of 15 different hotel and airline transfer partners. This is often my favorite way to use them because it tends to help stretch your points the furthest.
Here are your transfer partner options:
- Aer Lingus
- Air Canada
- British Airways
- Emirates
- Flying Blue (Air France-KLM)
- Iberia
- JetBlue
- Singapore
- Southwest
- United
- Virgin Atlantic
- Hyatt
- IHG
- Marriott
- Wyndham
Related: How to tell if you’re getting a good deal for your points
20 Ideas For Using Chase Ultimate Rewards
Before we dive in, a quick note on how to get the most out of these redemptions. The examples below are all based on transferring your Chase Ultimate Rewards points directly to airline and hotel partners, not booking through Chase Travel. Transferring is almost always the better move because it unlocks more value per point.
When you book through Chase Travel, your points are worth a flat one cent each. When you transfer to the right partner at the right time, you can easily get two cents or more per point, sometimes much more.
Hyatt House Anaheim next to Disneyland
Category 4 with nights starting at 15,000 points per night.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 10 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 7 nights at the lowest rate
Cash value: ~$2,500
Flights to Dublin on Aer Lingus
One-way off-peak flights start at 16,251 Avios (points), so four round-trip flights would be 130,008 Avios (points).
Cash value: ~$3,200
Thompson Central Park New York
Category 6 with nights starting at 25,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 6 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 4 nights at the lowest rate
Cash value: ~$3,000
Flights to Paris on Flying Blue
Flights start at 25,000 miles per way, so three round-trip flights would be 150,000 miles.
Cash value: ~$2,100
Hyatt Regency Tokyo
Category 5 with nights starting at 15,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 10 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 7 nights at the lowest rate
Cash value: ~$2,500
Intra-Europe Flights booked through British Airways
At just 8,000 points and $43 each, you’d have enough for 8 round-trip flights.
Cash value: ~$2,400
Hyatt Regency Mission Bay Spa and Marina in San Diego
Category 4 with nights starting at 12,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 12 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 9 nights at the lowest rate
Cash value: ~$3,000
Flights from Los Angeles to New York on United
Many domestic U.S. routes are 15,000 miles, so five round-trip flights would be 150,000 miles.
Cash value: ~$1,500
Great Scotland Yard Hotel in London
Category 6 with nights starting at 25,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 6 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 4 nights at the lowest rate
Cash value: ~$2,400
Related: Girls Trip to London
Domestic flights booked through JetBlue
JetBlue now has a partnership with United, so you can book through JetBlue and find options to fly either airline starting at just 15,000 points per way. 150,000 points would get you five round-trip tickets.
Cash value: ~$1,600
Hyatt Regency Paris Étoile
Category 5 with nights starting at 15,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 10 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 7 nights at the lowest rate
Cash value: ~$3,000
Wyndham Palmas Beach Resort
Up to 10 nights in Puerto Rico.
Cash value: ~$1,900
Flights to Amsterdam on KLM
Flights start at 25,000 miles per way, so three round-trip flights would be 150,000 miles.
Cash value: ~$2,100
Hyatt Regency Maui Resort and Spa
Category 6 with nights starting at 25,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 6 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 4 nights at the lowest rate
Cash value: ~$4,200
Flights to Honolulu on Southwest
Prices can vary drastically, but they range from approximately 12,000 to 25,000 per way. So your points would get you 3-5 round-trip flights.
Cash value: ~$1,500
Hyatt Regency Clearwater Beach Resort and Spa
Category 6 with nights starting at 25,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 7 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 5 nights at the lowest rate
Cash value: ~$2,100
All-inclusive Dreams Los Cabos
All-inclusive category C with nights starting at 30,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 4 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 3 nights at the lowest rate
Cash value: ~$2,000
Flights to London on Virgin Atlantic
Prices start at 6,000 miles per way from the East Coast and 9,000 miles per way from the West Coast.
Cash value: ~$1,200 per round trip
Grand Hyatt Scottsdale Resort
Category 6 with nights starting at 25,000 points.
Reserve cardholders: 150,000 Chase points = 150,000 Hyatt points = approximately 6 nights at the lowest rate
Preferred cardholders: 150,000 Chase points = approximately 112,500 Hyatt points = approximately 4 nights at the lowest rate
Cash value: ~$2,100
Southwest flights to Mexico
Prices vary widely, but you can use the Low Fare Calendar to see the lowest-priced dates.
Cash value: ~$400 per one-way ticket
Wrapping Up
As you can see, there are a ton of ways you can use your Chase Ultimate Rewards points with transfer partners to book some amazing trips!
You’ll notice that all of the hotels are Hyatt properties. That’s because their points rates are the lowest among all of the hotel brands, so it’s a sweet spot for using Chase points. Chase does have two other hotel partners – IHG and Marriott – but we prefer to open a co-branded hotel card to earn points for those.
No matter how you decide to use your points, opening the Sapphire Preferred is step one. Next, refer a spouse or travel partner to the same card. After you’ve both earned your bonus and gotten that windfall of points, your options are limitless.
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Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.