Trip delay, trip cancellation and interruption, baggage delay and lost baggage, and primary car rental insurance, $300 annual travel credit, Priority Pass Select lounge membership, Global Entry or TSA PreCheck fee credit Points worth 1.5 cents each when redeemed through the Chase Travel portalĥ points per dollar on travel purchased through Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on all other purchases. Earn 3 points per dollar on other travel and dining and 1 point per dollar spent on all other purchases. The value of points for Pay Yourself Back redemptions varies from 0.8 to 1.5 cents per point depending on the card and purchase type.Ħ0,000 bonus points after spending $4,000 on purchases in the first 3 months from account openingĥ points per dollar on flights and 10 points per dollar on hotels and car rentals when purchasing travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Several Chase cards also allow cardholders to use the “ Pay Yourself Back” feature to redeem Chase Ultimate Rewards for statement credits against purchases in eligible categories. Ink Business Preferred® Credit Card and Chase Sapphire Preferred® Card cardmembers can redeem through the Chase Travel Center at 1.25 cents per point, while Chase Sapphire Reserve® cardholders receive 1.5 cents per point toward Chase travel bookings. On the low end, Chase Ultimate Rewards can be cashed out for statement credits at 1 cent per point. The value of Chase Ultimate Rewards depends on how they are used. If you have an eligible card, Chase Ultimate Rewards points can also be transferred to airline and hotel partners and redeemed through their respective loyalty programs. Chase Ultimate Rewards can even be used toward the cost of experiences, including theme park tickets or special events. Used as a currency, Chase Ultimate Rewards points can be redeemed through the Chase Ultimate Rewards Travel Portal to cover the cost of flights, hotels and car rentals. How Much Are Chase Ultimate Rewards Points Worth? That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases. Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back.
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