Chase Final Rewards factors are among the many most helpful and precious currencies you may gather. In case you may translate Chase factors to {dollars}, they’d be value 2.05 cents every primarily based on TPG’s April 2025 valuations — however you will get much more (or much less) worth out of your Chase factors relying on the way you redeem them.
You’ll be able to select from a variety of redemption choices, together with among the finest airline and lodge switch companions, the easy-to-use Chase Journey℠ portal, money again and cost for on a regular basis bills.
In case you’re trying to maximize the worth of your Chase factors, hold studying to find how a lot every redemption possibility is value.
What are Chase Final Rewards factors?
Final Rewards factors are the forex of most Chase-branded bank cards. You’ll be able to earn Chase Final Rewards factors for on a regular basis spending and redeem them for varied rewards.
Listed below are among the finest choices for incomes Chase factors:
Notice that these three playing cards are the one ones that permit transfers to airline and lodge accomplice packages. Nonetheless, in case you pair one in all them with a cash-back Chase card — just like the Chase Freedom Limitless® (see charges and costs) or the Ink Enterprise Money® Credit score Card (see charges and costs) — you may mix your factors in a single account, thus changing your cash-back rewards into absolutely transferable Final Rewards factors.
In case you’re new to the world of rewards bank cards, it is usually finest to begin with Chase merchandise, due to the issuer’s well-documented 5/24 rule. In brief, you typically cannot get accredited for any Chase playing cards — together with people who earn Final Rewards factors — in case you’ve utilized for 5 or extra new bank cards throughout all banks up to now 24 months.
Keep in mind this restriction as you construct a method to maximise your bank card rewards.
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How a lot are Chase Final Rewards factors value?
TPG values Chase Final Rewards factors at 2.05 cents every, which it is best to ideally purpose for when redeeming them. Nonetheless, the precise worth will rely in your alternative of redemption.
When redeeming Final Rewards factors, you may have three primary choices:
| Redemption possibility | Examples | Level worth |
|---|---|---|
| Switch factors to journey companions | 14 airline and lodge loyalty packages | Probably 2.05 cents every |
| Mounted-value redemptions by means of Chase Journey | Flights, motels, cruises, excursions and rental automobiles | Between 1 and 1.5 cents every, relying on which Chase card you may have |
| Mounted-value, nontravel redemptions | Money again, reward playing cards and Apple merchandise | Between 0.8 and 1.5 cents every, relying on the redemption possibility |
Let’s take a more in-depth have a look at every of those choices.
Chase Final Rewards factors worth with journey companions
Transferring Final Rewards factors to journey companions is commonly probably the most precious strategy to redeem them.
You’ll be able to switch Final Rewards factors to 11 airline packages:
Chase additionally companions with three lodge loyalty packages:
All switch ratios are 1:1 (although there are occasional switch bonuses), and it’s essential to switch factors in 1,000-point increments. As famous beforehand, you may solely switch factors from Sapphire Most well-liked, Sapphire Reserve and Ink Enterprise Most well-liked accounts, although you may transfer your cash-back rewards into these accounts utilizing the “Mix factors” performance within the portal.
One of the best lodge switch accomplice
A selected standout switch accomplice is World of Hyatt. Hyatt factors are among the many most precious lodge factors, given this system’s low award redemption charges and wonderful vary of funds and luxurious properties.
You’ll be able to simply receive at the least 2 cents of worth per Chase level by transferring your factors to World of Hyatt and redeeming them in a dear lodge market like London.
For instance, in case you had been to redeem 30,000 factors for a one-night keep on the Park Hyatt London River Thames (which prices $690 an evening), you’d get a price of two.3 cents per level — a stellar worth in comparison with our present estimate of two.05 cents apiece for Chase factors.
One of the best airline switch companions
In case you want flights over motels, we now have discovered quite a few candy spots for each short- and long-haul flights in financial system and premium cabins, whether or not you fancy flying inside North America or so far as Europe or Asia.
Our favourite Final Rewards candy spots embody:
- Iberia flights to Madrid: Spherical-trip flights from New York’s John F. Kennedy Worldwide Airport (JFK), Chicago’s O’Hare Worldwide Airport (ORD) and Boston Logan Worldwide Airport (BOS) to Adolfo Suárez Madrid-Barajas Airport (MAD) on off-peak dates will solely set you again 34,000 Avios in financial system, 51,000 Avios in premium financial system and 68,000 Avios in enterprise class whenever you switch your Chase factors to Membership Iberia Plus.
- Flights to Hawaii with Alaska Airways and American Airways: By transferring your Final Rewards factors to British Airways, you may e-book awards with Oneworld companions American Airways and Alaska Airways. So long as your nonstop flight distance is below 3,000 miles every method (and there is accomplice award availability), you may leverage British Airways’ distance-based award chart to fly from any West Coast gateway to Hawaii for as little as 26,000 Avios round-trip.
- All Nippon Airways flights booked by means of Virgin Atlantic: For simply 145,000 Chase factors, you may fly ANA round-trip in top notch between the West Coast and Tokyo (once more, so long as there’s award availability). Flights from the East Coast solely price an additional 25,000 factors (170,000 factors round-trip). Enterprise-class redemptions are a fair higher deal, costing simply 105,000 to 120,000 factors round-trip, relying in your U.S. departure airport.
- Quick-haul flights to Canada: Flights from JFK to Toronto Pearson Airport (YYZ) on United Airways begin at 6,000 miles one-way, with availability exhibiting on a number of dates. To e-book these United flights, switch your Final Rewards factors to Air Canada Aeroplan.
Worth of Chase factors when redeeming by means of the Chase portal
You too can e-book journey by means of Chase Journey and redeem factors for aircraft tickets, lodge stays, rental automobiles, cruises or experiences at a set money worth per level. This worth is determined by which card you maintain:
That is one other case the place it is smart to mix your factors within the card account that gives probably the most worth. For instance, all of the factors you earn with the Freedom Flex could be moved to your Sapphire Reserve account, thus growing their worth from 1 cent to 1.5 cents every when redeemed through Chase Journey.
This technique can prevent a number of factors. For instance, a $300 lodge or flight would price 30,000 Chase factors redeemed at 1 cent every. However in case you can redeem them for 1.5 cents every as an alternative, you may solely want 20,000 factors for this reserving.
Chase Final Rewards factors worth for nontravel redemptions
There are a number of nontravel methods to spend your Chase Final Rewards factors. You should use them like money by means of Amazon and PayPal or redeem them for Apple merchandise and reward playing cards. Sadly, you may get a poor worth of 1 cent or much less per Chase level this fashion.
You’ll be able to squeeze extra worth out of your Chase factors with Chase Pay Your self Again, which helps you to redeem factors for money again at a fee of 1.25 to 1.5 cents every, relying in your card. This redemption fee is legitimate on assertion credit towards rotating buy classes, comparable to choose charities.
How do I earn Chase Final Rewards factors?
You’ll be able to earn Chase factors by means of bank card spending at charges of 1 to 10 factors per greenback, relying on the Chase bank card you carry and the acquisition class.
As talked about above, there are three playing cards that earn absolutely transferable Final Rewards factors: the Chase Sapphire Most well-liked, Chase Sapphire Reserve and Ink Enterprise Most well-liked. Now is a good time so as to add the Sapphire Most well-liked to your pockets since you may earn a welcome bonus of 100,000 Final Rewards factors after spending $5,000 on purchases within the first three months from account opening. This is among the most profitable provides we have ever seen on this card.
Chase’s cash-back bank cards could indirectly earn you factors, however in case you maintain one other card that does, you may switch your cash-back rewards to this card to show them into Final Rewards factors. We frequently suggest pairing an Final Rewards-earning card with at the least one in all Chase’s cash-back playing cards so you may earn bonus factors in several classes and maximize your rewards.
You’ll be able to earn further factors with Store Via Chase, Chase’s on-line procuring portal.
Backside line
How a lot Chase Final Rewards factors are value is determined by your journey model and objectives. Nonetheless, assigning a greenback worth per Chase level will help you identify the neatest strategy to redeem them.
We typically do not suggest utilizing your Chase factors for money again, reward playing cards or merchandise since you’ll get the poorest worth this fashion — 1 cent per level or much less. You’ll be able to maximize the worth of your factors, as much as and above 2.05 cents every, by transferring them to Chase’s wide selection of airline and lodge companions and reserving award candy spots. In case you want an easier strategy to redeem, the Chase Journey portal provides a ton of choices, and you will get a strong worth of as much as 1.5 cents relying on the Chase card you maintain.
