Despite this, I still managed to use 50,000 points. At a minimum, Chase Ultimate Rewards points are worth $0.01. GigaPoints current valuation: Chase Ultimate Rewards Points are worth 1.8 cents each. Valuing Chase Ultimate Reward Redemption Options. For example, 50,000 points are worth $750 toward travel With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories You can transfer points between Ultimate Rewards cards, so I transfer points from my Ink Business Unlimited® Credit Card to the Chase Sapphire Reserve® to increase their value for certain redemptions. Others provide Ultimate Rewards points, which are generally worth 1 cent to 1.5 cents apiece, depending on which card you have and how you redeem. The most lucrative redemptions are available when to transfer your Chase points into a partner loyalty program, since Chase points … Even the Freedom cash-back cards accrue Ultimate Rewards points with cash value. You can learn everything else you need to know about Chase Ultimate Rewards below. All Chase Ultimate Rewards cards earn points in some capacity. Chase Ultimate Rewards points are highly valuable among travelers, but I didn't vacation anywhere in 2020. Chase Ultimate Rewards points are some of the most valuable in the industry, but, you need some insider tips to make the most of your points. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. Crystal Cox Determining average valuations for different ways to use Chase Ultimate Reward points ; Using other sites as a benchmark. I have the Chase Sapphire Reserve® and Ink Business Unlimited® Credit Card, both of which earn Chase Ultimate Rewards points. Chase Ultimate Rewards® is the name of the points program for Chase’s rewards credit cards. And there are plenty of redemption options, from a statement credit to travel booked through Chase. The first thing we do is examine each of Chase’s transfer partners. But savvy travelers willing to do some research can get much more value from points by using Chase… (The issuer’s co-branded cards with airlines, hotels or retailers have their own rewards programs.) Why I think Ultimate Rewards points are worth 1.7 cents each (October 2020 valuation) Chase Ultimate Rewards points are one of the most valuable and widely collected points currencies out there.Personally, I’ve long stated that I value Ultimate Rewards points at roughly 1.7 cents each, and I’ve received a lot of questions over the years about how I come up with that valuation. For example, 60,000 points are worth $750 toward travel. Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. 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