Do Chase points expire?

The easiest way you can redeem Chase rewards is online, but you can also do that over the phone at (800) 432-3117. You can redeem Chase rewards for gift cards, travel, statement credits and cash. Chase points are generally worth 1 cent each, regardless of what they’re redeemed for. If you’re redeeming for cash, you can also go to a … read full answerChase branch. You’ll get your money as a statement credit or as an electronic deposit to the bank account of your choice.

Here’s how to redeem Chase rewards:

• Online: For online redemption, log in to your Chase account and go to the Chase rewards portal. From there, you’ll be able to book trips, buy gift cards, request statement credits, etc.
• By phone: To redeem by phone, call Chase customer service at (800) 432-3117. Enter your account number to connect to a customer service representative. State that you want to redeem rewards.
• At a Chase branch: You can request a statement credit or bank account deposit in exchange for your Chase rewards at any Chase branch. You just need your account number and a picture ID. But you won’t actually get cold hard cash on the spot.

Different Chase cards have different rewards programs. One card might give you the most rewards for travel, another for everyday purchases. So, you’ll want to pick a card with a reward structure that matches your lifestyle.

For all Chase cards in the Ultimate Rewards program, except Chase Freedom Flex℠ and Chase Freedom Unlimited®, you can also transfer Chase points to 14 airline and hotel loyalty programs at a 1:1 ratio. Whether or not that’s a good deal depends on the value of the loyalty program’s miles. Chase travel partners include United, British Airways, Southwest, IHG, Marriott and others.

Chase points are worth 1 cent per point in most cases. The main exceptions are points earned with the Chase Sapphire Preferred, Sapphire Reserve and Ink Business Preferred cards, which are worth 25% to 50% more when redeemed for travel through Chase Ultimate Rewards.

Chase Points Value by Redemption Method

Popular Chase Credit Cards

• Chase Sapphire Preferred® Card
• Chase Sapphire Reserve®
• Chase Freedom®
• Chase Freedom Unlimited®
• Chase Freedom Flex℠
• Ink Business Preferred® Credit Card

Tips for Maximizing the Value of Chase Points

Redeem Points for Ultimate Rewards Travel.

Chase points are worth the most when redeemed for travel through Chase Ultimate Rewards, but you need the right Chase credit card.

Get a Chase Sapphire card.

Chase Sapphire Preferred points are worth 1.25 cents apiece when redeemed for Ultimate Rewards travel, or you could get 1.5 cents per $1 point in value from Chase Sapphire Reserve.

Redeem Chase points regularly.

Chase points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won’t get to enjoy the fruits of your spending if you don’t redeem.

Keep your account in good standing.

If Chase closes your account because of a failure to pay the bill or fraudulent activity, you’ll lose any unredeemed points you have saved.

Redeem before closing your account.

Any points you don’t redeem before closing your account will be lost.