Chase Ultimate Rewards points are worth about 2 cents each at their best, usually when you transfer them to World of Hyatt or a strong airline partner. As cash back or a statement credit, each point is worth 1 cent. Chase Travel pays 1 cent per point by default and more on select Points Boost bookings. Enter your balance below to see what your points are worth.
Transfer to World of Hyatt: about 1.7-2 cents per point
Transfer to Virgin Atlantic, United or British Airways: about 1.5-1.8 cents per point
Chase Travel with Points Boost: up to 1.5-2 cents on select flights and hotels
Cash back and statement credits: 1 cent per point
At least $1,000 as cash back. Transferred to Hyatt or a strong airline partner, 100,000 points are worth about $1,700 to $2,000.
For hotels, yes. Chase has announced changes to Hyatt transfers from October 1, 2026, so check our Hyatt transfer news before you move points. See how much Hyatt points are worth.
No. Ultimate Rewards points do not expire while your card account stays open.
See every partner on the Chase transfer partners page, compare the Sapphire Preferred vs Reserve, or check your Chase 5/24 status.