Chase Final Rewards factors are among the many most helpful and invaluable currencies you possibly can accumulate. For those who might translate Chase factors to {dollars}, they’d be value 2.05 cents every primarily based on TPG’s April 2025 valuations — however you may get way 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 resort switch companions, the easy-to-use Chase Journey℠ portal, money again and cost for on a regular basis bills.
For those who’re seeking to maximize the worth of your Chase factors, hold studying to find how a lot every redemption choice is value.
What are Chase Final Rewards factors?
Final Rewards factors are the foreign money 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 numerous rewards.
Listed here are among the finest choices for incomes Chase factors:
Observe that these three playing cards are the one ones that permit transfers to airline and resort companion applications. Nonetheless, in case you pair considered one of them with a cash-back Chase card — just like the Chase Freedom Limitless® (see charges and charges) or the Ink Enterprise Money® Credit score Card (see charges and charges) — you possibly can mix your factors in a single account, thus changing your cash-back rewards into totally transferable Final Rewards factors.
For those who’re new to the world of rewards bank cards, it is sometimes finest to begin with Chase merchandise, due to the issuer’s well-documented 5/24 rule. In brief, you typically cannot get authorized for any Chase playing cards — together with those 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 technique 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’s best to ideally purpose for when redeeming them. Nonetheless, the precise worth will rely in your selection of redemption.
When redeeming Final Rewards factors, you might have three primary choices:
| Redemption choice | Examples | Level worth |
|---|---|---|
| Switch factors to journey companions | 14 airline and resort loyalty applications | Probably 2.05 cents every |
| Mounted-value redemptions by Chase Journey | Flights, lodges, cruises, excursions and rental automobiles | Between 1 and 1.5 cents every, relying on which Chase card you might 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 choice |
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 essentially the most invaluable method to redeem them.
You’ll be able to switch Final Rewards factors to 11 airline applications:
Chase additionally companions with three resort loyalty applications:
All switch ratios are 1:1 (although there are occasional switch bonuses), and you should switch factors in 1,000-point increments. As famous beforehand, you possibly can solely switch factors from Sapphire Most popular, Sapphire Reserve and Ink Enterprise Most popular accounts, although you possibly can transfer your cash-back rewards into these accounts utilizing the “Mix factors” performance within the portal.
The very best resort switch companion
A selected standout switch companion is World of Hyatt. Hyatt factors are among the many most useful resort factors, given this system’s low award redemption charges and wonderful vary of finances and luxurious properties.
You’ll be able to simply acquire at the least 2 cents of worth per Chase level by transferring your factors to World of Hyatt and redeeming them in an expensive resort market like London.
For instance, in case you have 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 worth of two.3 cents per level — a stellar worth in comparison with our present estimate of two.05 cents apiece for Chase factors.
The very best airline switch companions
For those who want flights over lodges, now we 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 embrace:
- 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 if 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 possibly can e book awards with Oneworld companions American Airways and Alaska Airways. So long as your nonstop flight distance is beneath 3,000 miles every manner (and there is companion award availability), you possibly can 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 Virgin Atlantic: For simply 145,000 Chase factors, you possibly can fly ANA round-trip in first-class between the West Coast and Tokyo (once more, so long as there’s award availability). Flights from the East Coast solely value 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.
- Brief-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 the Chase portal
You can even e book journey by Chase Journey and redeem factors for aircraft tickets, resort stays, rental automobiles, cruises or experiences at a hard and fast money worth per level. This worth is dependent upon which card you maintain:
That is one other case the place it is smart to mix your factors within the card account that gives essentially the most worth. For instance, all of the factors you earn with the Freedom Flex might be moved to your Sapphire Reserve account, thus rising their worth from 1 cent to 1.5 cents every when redeemed by way of Chase Journey.
This technique can prevent a number of factors. For instance, a $300 resort or flight would value 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 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 manner.
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 charge of 1.25 to 1.5 cents every, relying in your card. This redemption charge is legitimate on assertion credit towards rotating buy classes, similar to choose charities.
How do I earn Chase Final Rewards factors?
You’ll be able to earn Chase factors by 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 totally transferable Final Rewards factors: the Chase Sapphire Most popular, Chase Sapphire Reserve and Ink Enterprise Most popular. Now is a superb time so as to add the Sapphire Most popular to your pockets since you possibly can 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 likely one of the most profitable affords we have ever seen on this card.
Chase’s cash-back bank cards could in a roundabout way earn you factors, however in case you maintain one other card that does, you possibly can switch your cash-back rewards to this card to show them into Final Rewards factors. We regularly advocate pairing an Final Rewards-earning card with at the least considered one of Chase’s cash-back playing cards so you possibly can earn bonus factors in several classes and maximize your rewards.
You’ll be able to earn further factors with Store By means of Chase, Chase’s on-line procuring portal.
Backside line
How a lot Chase Final Rewards factors are value is dependent upon your journey model and objectives. Nonetheless, assigning a greenback worth per Chase level may also help you establish the neatest method to redeem them.
We typically do not advocate utilizing your Chase factors for money again, reward playing cards or merchandise since you’ll get the poorest worth this manner — 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 big selection of airline and resort companions and reserving award candy spots. For those who want an easier method to redeem, the Chase Journey portal affords a ton of choices, and you may get a strong worth of as much as 1.5 cents relying on the Chase card you maintain.