How can you transfer Chase Freedom points to Sapphire Reserve?

The Chase Freedom points value is 1 cent each. While marketed as a “cash back” card, Chase Freedom actually gives Ultimate Rewards points. Cardholders can redeem these points for cash, gift cards, merchandise or travel purchases at a rate of 1 cent per 1 point. Points redeemed for Amazon.com purchases using the Pay With Points feature are a worth 0.8 cents apiece.… read full answer

What you should know about the Chase Freedom points:

• Points value: Chase Freedom points value is 1 cent each for most redemption options. Points redeemed for Amazon.com purchases using the Pay With Points feature are a worth 0.8 cents apiece.
• Redemption limit: To use your points, minimum and maximum amounts may apply. Chase will let you know about any limits before using your points.
• Earning limit: There’s no limit to the number of points you can earn.
• Expiration: Chase Freedom points don’t expire as long as your account is active and in good standing.
• What to keep in mind: Chase has the power to change the value of Ultimate Rewards points at any time, so it’s best to redeem them often before devaluation occurs.

Chase Freedom has limited use as an Ultimate Rewards card, meaning you can’t transfer points to any of the Ultimate Rewards travel partners’ loyalty programs. Chase Freedom has a $0 annual fee, and only Ultimate Rewards cards that have an annual fee are eligible to transfer points to travel partners.

How to transfer points with your Chase Freedom card:

You can move Chase Freedom Ultimate Rewards points to a transfer-eligible card such as the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Ink Business Preferred® Credit Card. Then, you can transfer points from any of those cards to one of Chase’s 14 travel partners’ loyalty programs at a 1:1 ratio. Travel partners include Southwest Airlines, British Airways, United Airlines, IHG, Marriott and others. The value of points/miles from those programs varies.

In addition, if you transfer points from the Chase Freedom card to Chase Sapphire Preferred or Chase Ink Preferred, you’ll get 1.25 cents per point for travel booked through Ultimate Rewards. With Chase Sapphire Reserve, points are worth 1.5 cents apiece when used for travel. If you used the Chase Freedom alone for travel, you’d only get 1 cent per point.

To get the most value from Chase Ultimate Rewards, you will need to have the Chase Sapphire Reserve® card, because its points are worth 1.25 cents each when redeemed for travel. You will also need to spend enough to earn the card’s initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months.

The Chase Sapphire Reserve® card offers the highest redemption value of any Chase card, as its points are worth 50% more than the points on most other Chase cards when redeemed for travel. If you don’t plan on using your rewards for travel, though, points on all Chase Ultimate Rewards cards are … read full answerworth the same amount toward other redemption options. In that case, getting the most value depends on selecting the Chase card that allows you to earn the most rewards. There are a few other things you can do to maximize your value, too.

Ways to Get the Most Value From Chase Ultimate Rewards

• Get the Chase Sapphire Reserve® and spend your points on travel.
• Have both a cash back card and a travel card from Chase to maximize the categories in which you earn bonus rewards.
• Earn the cards’ initial bonuses by spending a certain amount of money in the first few months.
• Consider transferring points to Chase’s travel partners, as some may offer more value per point than Chase itself.
• Refer friends to Chase cards to earn extra rewards.
• Redeem your points often. They don’t expire as long as your account is open and in good standing, but keeping large amounts of points in your account for a long time increases the risk of devaluation by the issuer.

You can learn more about the ins and outs of Chase Ultimate Rewards on WalletHub. Plus, you can take a look at WalletHub’s editors’ picks for the best Chase credit cards by category.

To transfer Chase points, cardholders must first log in to their Chase account online and go to the rewards redemption page, then select “Transfer to Travel Partners.” Chase cardholders can transfer points to travel partners such as United Airlines, Southwest Airlines, and World of Hyatt.

How to Transfer Chase Points to Travel Partners… read full answer

1. Log in to your Chase account online.
2. Navigate to the Chase Ultimate Rewards page.
3. Select “Transfer to Travel Partners” as the redemption option.
4. Follow the steps to transfer your Chase points to a travel partner.

Keep in mind that some travel partners may offer more value for your points than others. Also, remember that Chase transfers will require a minimum of 1,000 points, and that all transfers to travel partners must be in increments of 1,000.