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I see this is a Chase card. Can these points be transferred to ultimate rewards?
by Thriptic 10y ago
I see this is a Chase card. Can these points be transferred to ultimate rewards?
- ghaff 10y agoDon't think so. But it's 1:1 (well 1:100) to Amazon credit which most of the Ultimate Rewards aren't any longer. (Bizarrely, I have a card I can cash out at a higher value in cash than in Amazon credit these days.)
- Thriptic 10y agoYeah I just got off the phone with Chase. You cannot transfer to Ultimate Rewards.
- mmanfrin 10y agoIt would be a stupid good deal if they could -- because this coupled with the Sapphire Reserve means you'd effectively get back 7.5% from Amazon in the form of travel purchases (as CSR holders get 1.5x pointvalue when redeeming points for travel).
- vinay427 10y agoYou could easily get the equivalent of more than 1.5 c/p if you used 1:1 mile transfers and booked flights carefully. Southwest values its points at around 1.7 if I recall correctly, and most that don't have fixed rates are higher.
- ghaff 10y agoValuing mileage and hotel points is tough. The rule of thumb used to be 2 cents per mile but programs have been degraded sufficiently that it's probably lower now. In practice, I find that the things that give me the most theoretical bang for the buck are things like first class international travel or room upgrades that I wouldn't have necessarily paid face cash value for. And travel rewards often require longer term planning than I find I can easily do. I get a lot of miles and hotel points anyway so I usually end up taking the very fungible 1 cent per dollar spent when I have the choice.