Theresa Chalfant, Writer
@theresa_chalfant
Yes, it is worth it to use Chase Ultimate Rewards, particularly when you use the points to pay for travel. Chase Ultimate Rewards points are worth 1 cent each in most cases.
In addition, Chase Ultimate Rewards credit cards offer some of the best rewards-earning rates on the market. High earning rates and high point values are a recipe for lots of savings.
What Makes Chase Ultimate Rewards Worth It:
- Redemption options: Chase Ultimate Rewards points can be redeemed for travel, cash back, gift cards, purchases from brands like Amazon and Apple, and select entertainment or dining experiences.
- Transfer points to travel partners: You can transfer points at a 1:1 ratio to hotel and airline partners.
- Bonus points: You can get up to 15 bonus points per $1 spent on purchases with Shop through Chase.
- Rewards duration: Points never expire as long as your account is in good standing, but it’s still best to redeem them frequently so they don’t lose value.
- Pooling rewards: You can pool points from multiple cards to redeem for larger purchases, so long as both cards belong to you or someone from your household.
There are several Chase cards that offer Chase Ultimate Rewards, with differing rewards rates, fees, and other terms that could be worthwhile depending on your financial needs. The Chase Sapphire Reserve® card has the highest rewards value, giving 1 - 8 points per $1 on purchases. However, it also charges a pricy annual fee of $795 and requires an excellent credit score to qualify.
You can compare Chase cards to figure out which one best fits your needs, though keep in mind that not all offer Chase Ultimate Rewards. More details about the program, including which cards qualify, can be found in WalletHub’s Chase Ultimate Rewards review.
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People also ask
How much are 50,000 Chase points worth?
50,000 Chase points are worth at least $500 if you redeem them for travel, cash back, or gift cards.
How Much 50,000 Chase Points Are Worth
| Category | Average Value |
| Travel | $475 |
| Cash Back | $475 |
| Merchandise | $475 |
| Gift... | $475 |
How much are Chase points worth?
Chase points are worth 1 cent per point on average.
Chase Points Value by Redemption Method
| Redemption Method | Average Chase Point Value | Value of 1,000 Chase Points |
| Cash Back | 1 cent | $10 |
| Gift Cards | 1 cent | $10 |
| ... | 0.8 cents | $8 |
How do I get the most value from Chase Ultimate Rewards?
To get the most value from Chase Ultimate Rewards, you will need to have cards like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and the Ink Business Preferred® Credit Card. The points earned on these cards are eligible for enhanced travel redemptions through Chase’s Points Boost feature, which offers limited-time increased value on select hotels and flights. The Chase Ink Preferred offers one of the highest redemption value of Chase cards, as its points are worth more than the points on most other Chase cards when redeemed...
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