Do Chase points expire? This question is about Chase Credit Cards

Do Chase points expire?

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This question is about Chase Credit Cards

John S Kiernan, Managing Editor

@John • 07/09/22 This answer was first published on 10/04/18 and it was last updated on 07/09/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, Chase points don’t expire as long as your account is open. However, you can lose your points if you:

Close your account
Chase closes you’re account due to delinquency or suspicions of fraud

These are some reasons why it’s still a good idea to redeem on a regular basis. Another reason, in case you’re interested, is what’s known as rewards devaluation.

Basically, a credit card company can reduce the value of your points or miles by increasing the number needed to redeem for a free flight, statement credit, etc.

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How do you redeem Chase rewards?

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 Chase branch. You’ll get your money as a statement credit or as an electronic deposit to the bank account...

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How much are Chase points worth?

Chase points are worth 1 cent per point on average. 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

Redemption Method	Average Chase Point Value	Value of 1,000 Chase Points
...	1.5 cents	$15

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