How Much Are Ultimate Rewards points Worth?
Chase Ultimate Rewards points are earned on Chase's Sapphire, Freedom, and Ink credit cards, and their dollar value depends entirely on how you redeem them: cash back, bookings through Chase Travel, or transfers to airline and hotel partners. Enter your points balance below to see what it's worth at our current estimated redemption rate.
Estimated value (Transfer partners, 2¢ per point):
Valuation last updated 2026-06-10.
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Frequently asked questions
How much are Chase Ultimate Rewards points worth?
The dollar value depends on how you redeem them: cash back, booking travel through the Chase portal, or transferring to airline and hotel partners each give a different rate. Enter your balance in the calculator above to see its estimated value at our current rate.
Do Chase Ultimate Rewards points expire?
No. Your points stay active as long as your account remains open and in good standing. Closing your account can forfeit unredeemed points.
Can I transfer Chase points to airlines and hotels?
Yes. Ultimate Rewards points transfer to a range of airline and hotel loyalty programs, typically at a 1:1 ratio.
How do I redeem Ultimate Rewards points for cash?
You can redeem for a statement credit or direct deposit through your Chase account at a fixed rate per point.