Chase Final Rewards factors are among the many most helpful and useful currencies you possibly can acquire. For those who may translate Chase factors to {dollars}, they’d be price 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 possibly can select from a variety of redemption choices, together with among the greatest airline and lodge switch companions, the easy-to-use Chase Journey℠ portal, money again and fee for on a regular basis bills.
For those who’re seeking to maximize the worth of your Chase factors, maintain studying to find how a lot every redemption choice is price.
What are Chase Final Rewards factors?
Final Rewards factors are the forex of most Chase-branded bank cards. You possibly can earn Chase Final Rewards factors for on a regular basis spending and redeem them for varied rewards.
Listed here are among the greatest choices for incomes Chase factors:
Word that these three playing cards are the one ones that enable transfers to airline and lodge associate packages. Nevertheless, for those who pair one among 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 greatest to start out with Chase merchandise, due to the issuer’s well-documented 5/24 rule. In brief, you usually cannot get accepted for any Chase playing cards — together with those who earn Final Rewards factors — for those who’ve utilized for 5 or extra new bank cards throughout all banks previously 24 months.
Bear 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 price?
TPG values Chase Final Rewards factors at 2.05 cents every, which it is best to ideally goal for when redeeming them. Nevertheless, the precise worth will rely in your alternative of redemption.
When redeeming Final Rewards factors, you might have three fundamental choices:
| Redemption choice | Examples | Level worth |
|---|---|---|
| Switch factors to journey companions | 14 airline and lodge loyalty packages | Probably 2.05 cents every |
| Mounted-value redemptions by way of Chase Journey | Flights, resorts, cruises, excursions and rental vehicles | 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 take a look at every of those choices.
Chase Final Rewards factors worth with journey companions
Transferring Final Rewards factors to journey companions is usually essentially the most useful method to redeem them.
You possibly can 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 you could 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 lodge switch associate
A specific standout switch associate is World of Hyatt. Hyatt factors are among the many most respected lodge factors, given this system’s low award redemption charges and wonderful vary of finances and luxurious properties.
You possibly can 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 lodge market like London.
For instance, for those who 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.
The very best airline switch companions
For those who choose flights over resorts, we now have discovered quite a few candy spots for each short- and long-haul flights in economic 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 economic system, 51,000 Avios in premium economic system and 68,000 Avios in enterprise class while 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 below 3,000 miles every approach (and there is associate 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 way of 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 price an additional 25,000 factors (170,000 factors round-trip). Enterprise-class redemptions are a good 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 displaying 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 way of the Chase portal
It’s also possible to e book journey by way of Chase Journey and redeem factors for airplane tickets, lodge stays, rental vehicles, 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 provides essentially the most worth. For instance, all of the factors you earn with the Freedom Flex will 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 numerous factors. For instance, a $300 lodge or flight would price 30,000 Chase factors redeemed at 1 cent every. However for those who can redeem them for 1.5 cents every as an alternative, you will 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 way of Amazon and PayPal or redeem them for Apple merchandise and reward playing cards. Sadly, you will get a poor worth of 1 cent or much less per Chase level this fashion.
You possibly can 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, akin to choose charities.
How do I earn Chase Final Rewards factors?
You possibly can earn Chase factors by way 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 totally transferable Final Rewards factors: the Chase Sapphire Most popular, Chase Sapphire Reserve and Ink Enterprise Most popular. Now is a good 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 without doubt 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 for those who 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 frequently advocate pairing an Final Rewards-earning card with at the least one among Chase’s cash-back playing cards so you possibly can earn bonus factors in numerous classes and maximize your rewards.
You possibly can earn extra factors with Store By way of Chase, Chase’s on-line purchasing portal.
Backside line
How a lot Chase Final Rewards factors are price is determined by your journey type and objectives. Nevertheless, assigning a greenback worth per Chase level may help you identify the neatest method to redeem them.
We usually do not advocate 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 possibly can 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. For those who choose 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.