Chase Final Rewards: How one can earn, redeem and switch reward factors

Chase Final Rewards factors offer you entry to among the finest resort and airline switch companions within the enterprise, in addition to Chase Journey℠, the issuer’s easy-to-use journey portal, which lets you redeem factors for all kinds of bookings, together with rental vehicles, lodges, flights, excursions and actions.

Regardless of rising competitors from American Categorical Membership Rewards, Citi ThankYou Rewards, Capital One miles, Bilt Rewards and Wells Fargo Rewards, Chase Final Rewards has maintained its place as probably the most priceless and helpful factors currencies.

In case you’re able to get severe about touring extra for much less, here is all the things you have to learn about find out how to earn and redeem your Chase Final Rewards factors.

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 on these playing cards which you could then redeem for a variety of rewards.

In case you’re simply getting began on the planet of journey bank cards, it is sometimes finest to begin with Chase merchandise, because of the issuer’s well-documented 5/24 rule. Briefly, you typically cannot get accepted for any Chase playing cards — together with those who earn Final Rewards factors — should you’ve utilized for 5 or extra new bank cards throughout all banks previously 24 months.

Keep in mind this restriction as you construct a method to maximise your bank card rewards.

Associated: The final word information to bank card software restrictions

How do I earn Chase Final Rewards factors?

There are various methods to earn Chase factors at charges of 1 to 10 factors per greenback spent, relying on the particular Chase bank card you carry.

The primary three playing cards beneath earn absolutely transferable Final Rewards factors all by themselves, whereas the remaining 4 are technically billed as cash-back bank cards.

Nonetheless, when you have an Final Rewards points-earning card, you may mix your Chase cash-back rewards in a single account, successfully changing your cash-back rewards into absolutely transferable factors. For that reason, having multiple Chase card could make sense to maximise your incomes and redeeming potential.

Listed here are the seven playing cards that can help you earn Chase Final Rewards factors.

Chase Sapphire Most popular Card

Welcome supply: You will earn 60,000 Final Rewards factors after you spend $4,000 on purchases within the first three months of account opening, plus a $300 assertion credit score on Chase Journey purchases throughout the first 12 months. That is price as much as $1,050 when redeemed by way of Chase Journey.

Why you need it: It is a unbelievable all-around journey bank card. It earns factors on the following charges:

• 5 factors per greenback spent on Lyft (by way of March 2025)
• 5 factors per greenback spent on all journey bought by way of Chase Journey
• 3 factors per greenback spent on eating, together with eligible supply providers, takeout and eating out
• 3 factors per greenback spent on choose streaming providers
• 3 factors per greenback spent on on-line grocery purchases (excluding Goal, Walmart and wholesale golf equipment)
• 2 factors per greenback spent on all different journey
• 1 level per greenback spent on all different purchases

The Sapphire Most popular® Card has no international transaction charges and comes with many journey perks, together with delayed baggage insurance coverage, journey interruption/cancellation insurance coverage and main automotive rental insurance coverage.

Annual payment: $95

Software hyperlink: Chase Sapphire Most popular® Card

Chase Sapphire Reserve

Welcome supply: You will earn 60,000 factors after you spend $4,000 on purchases within the first three months from account opening. That is price $900 when redeemed by way of the Chase Journey portal.

Why you need it: Put merely, you need this card for its incomes energy and its journey perks that may simply cowl the annual payment. It accrues the next earnings:

• 10 factors per greenback spent on Lyft (by way of March 2025)
• 10 factors per greenback spent on Chase Eating booked by way of Final Rewards
• 10 factors per greenback spent on resort and automotive rental purchases by way of Chase Journey
• 5 factors per greenback spent on flights booked by way of Chase Journey
• 3 factors per greenback spent on journey not booked by way of Chase
• 3 factors per greenback spent on different eating purchases (excluding the $300 annual journey credit score) and eating purchases worldwide
• 1 level per greenback spent on all different eligible purchases

Different perks embrace an easy-to-use annual journey credit score price $300, a payment credit score for World Entry or TSA PreCheck (as much as $120 as soon as each 4 years) and Precedence Cross Choose lounge entry, in addition to entry to the rising listing of latest Sapphire lounges. Cardholders additionally get main automotive rental protection, journey interruption/cancellation insurance coverage and different protections.

Annual payment: $550

Software hyperlink: Chase Sapphire Reserve®

Ink Enterprise Most popular Credit score Card

Welcome supply: You will earn 90,000 factors after you spend $8,000 on purchases within the first three months from account opening.

Why you need it: This is among the finest bank cards for small-business house owners, with the next incomes charges:

• 3 factors per greenback on the primary $150,000 spent in mixed purchases on journey, transport, web, cable and telephone providers, and promoting made with social media websites and serps every account anniversary 12 months
• 1 level per greenback spent on all different purchases

Annual payment: $95

Software hyperlink: Ink Enterprise Most popular® Credit score Card

Ink Enterprise Money Credit score Card

Welcome supply: Earn as much as $750 money again: $350 bonus money again after you spend $3,000 on purchases within the first three months and a further $400 if you spend $6,000 on purchases within the first six months from account opening.

Why you need it: Earn 5% money again on the primary $25,000 in mixed purchases at workplace provide shops and on web, cable and telephone providers every account anniversary 12 months (then 1%). Earn 2% money again on the primary $25,000 spent in mixed purchases at gasoline stations and eating places every account anniversary 12 months (then 1%). You’ll be able to convert these earnings to Final Rewards factors when you have one of many three rewards playing cards talked about above.

Annual payment: $0

Software hyperlink: Ink Enterprise Money® Credit score Card

Ink Enterprise Limitless Credit score Card

Welcome supply: Earn $900 bonus money again (which may turn out to be 90,000 Final Rewards factors) after spending $6,000 on purchases within the first three months from account opening.

Why you need it: Earn limitless 1.5% cash-back rewards on each buy. These cash-back earnings will be transformed to Final Rewards factors when you have one of many points-earning playing cards listed above, which means your small enterprise can primarily earn 1.5 factors per greenback spent on all fees made with this card.

Annual payment: $0

Software hyperlink: Ink Enterprise Limitless® Credit score Card

Chase Freedom Flex

Welcome bonus: Earn $200 after you spend $500 within the first three months of account opening

Why you need it: The cardboard earns 5% again on choose bonus classes, which rotate each quarter (on as much as $1,500 in mixed spending; activation required). You’ll be able to convert these rewards to priceless Final Rewards factors should you even have a points-earning bank card. Plus, you may earn the next:

• 5% on journey bought by way of Chase Journey
• 3% on eating (together with takeout and eligible supply providers) and drugstore purchases
• 1% on all different purchases

Annual payment: $0

Software hyperlink: Chase Freedom Flex®

Chase Freedom Limitless

Welcome supply: Earn a further 1.5% money again on all the things you purchase (on as much as $20,000 spent within the first 12 months), price as much as $300 money again.

Why you need it: These earnings will be transformed to priceless Final Rewards factors when you have one of many points-earning playing cards listed above. Plus, you may earn the next:

• 5% on journey bought by way of Chase Journey
• 3% money again on eating at eating places (together with takeout and eligible supply providers) and three% on drugstore purchases
• 1.5% on all different purchases

Annual payment: $0

Software hyperlink: Chase Freedom Limitless®

Different Chase bank cards

Observe that there are a lot of different Chase-issued bank cards that are not listed right here, together with:

Do Chase Final Rewards factors expire?

Chase Final Rewards factors don’t expire, offered you retain at the very least one card that earns Final Rewards factors open.

In case you cancel all of your Final Rewards playing cards, you have to redeem or switch your factors earlier than closing the final card. In any other case, you’ll forfeit the factors.

What are Chase Final Rewards factors price?

TPG values Final Rewards factors at 2.05 cents apiece in our October 2024 valuations. That is largely because of the array of priceless switch companions like World of Hyatt and United Airways MileagePlus, as these choices offer you priceless flexibility in your redemptions.

Nonetheless, you may get various values for Chase factors should you pursue different redemption alternatives. For instance, Final Rewards factors are price 1.5 cents apiece by way of Chase Journey for Sapphire Reserve cardholders and 1.25 cents for these with the Sapphire Most popular or Ink Enterprise Most popular card. You will even have entry to Chase Pay Your self Again as a cardholder of any of the above playing cards, and there are often affords to use Chase factors for Apple merchandise or present playing cards at an enhanced worth.

Lastly, Chase factors are price 1 cent apiece if used for easy money again.

What are the Chase Final Rewards switch companions?

You’ll be able to switch Final Rewards factors to 11 airline packages:

Chase additionally companions with three resort packages:

All switch ratios are 1:1 (although there are occasional switch bonuses), and you have to switch factors in 1,000-point increments.

Choices to redeem Final Rewards factors

When redeeming Final Rewards factors, you could have three primary choices:

• Mounted-value, nontravel redemptions (e.g., money again, present playing cards, Apple merchandise)
• Mounted-value Chase Journey bookings
• Transfers to journey companions

The “finest” choice is dependent upon your journey wants. Factors are right here to save lots of you cash, and you need to use them when it fits you.

That being stated, you need to intention for the very best worth at any time when potential. This is a take a look at your choices.

Switch to journey companions

Transferring Final Rewards factors to journey companions is usually probably the most priceless method to redeem your hard-earned factors. With 14 switch companions, you could have loads of choices, and you may hold your Chase factors in your Final Rewards account till you’re able to switch them, which gives glorious flexibility. Our favourite candy spots embrace:

• High-tier Hyatt lodges: The World of Hyatt award chart is cheap in comparison with some rivals. You’ll be able to guide among the fanciest Park Hyatt properties in the whole portfolio, together with the Park Hyatt New York and the Park Hyatt Sydney, for 35,000 factors per evening throughout off-peak dates. TPG values Hyatt factors at 1.7 cents every (per our October 2024 valuations), so 35,000 factors are price $595. That is an incredible deal for lodges that routinely promote for near $1,000, even when demand is low. There’s additionally nice worth on the decrease finish of the Hyatt award chart. Class 1 lodges vary from 3,500 to six,500 factors per evening, relying on peak, commonplace and off-peak pricing.
• 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 Spain’s capital will solely set you again 34,000 Avios in off-peak blue class financial system, 50,000 factors (off-peak) in premium financial system or 68,000 factors (off-peak) in enterprise class if you switch your Chase factors to Iberia Plus. Contemplating that the majority airways cost at the very least 60,000 miles for a one-way business-class award to Europe, you are primarily getting a 50% low cost.
• Brief-haul flights to Canada: Aeroplan caught to an award chart for associate redemptions however added dynamic pricing for Air Canada flights. Consequently, you may typically discover super-cheap short-haul tickets from the U.S. to Canada. For instance, a flight from JFK to Toronto Pearson Airport (YYZ) will be booked for beneath 6,000 factors one-way on many dates.

Ebook by way of Chase Journey

You’ll be able to guide by way of Chase Journey and redeem factors to your aircraft tickets, resort stays, rental vehicles or experiences at a hard and fast money worth per level.

As a Chase Sapphire Most popular or Chase Ink Enterprise Most popular cardholder, every level is price 1.25 cents. When you’ve got the Chase Sapphire Reserve, your factors are price 1.5 cents every towards journey redemptions within the portal. When you’ve got a Chase Freedom Flex, Ink Enterprise Limitless Credit score Card, Ink Enterprise Money Credit score Card or Chase Freedom Limitless, all factors are price 1 cent every.

Nonetheless, as famous beforehand, when you have a number of playing cards incomes Final Rewards factors, you may mix your factors into the account with the very best worth for Final Rewards bookings. For instance, your factors earned with the Chase Freedom Flex will be moved to your Sapphire Reserve account, thus rising their worth from 1 to 1.5 cents apiece. It is a beneficiant supply from a bank card program.

If you will discover cheap airfare by way of Chase Journey, utilizing your factors for these flights could make sense to save lots of money. Within the eyes of the airline, tickets booked this manner are primarily the identical as paid fares. This implies you may earn elite standing credit and redeemable miles. Watch out to keep away from primary financial system tickets except you’re OK with their restrictions.

Within the case beneath, spending 2,973 Final Rewards factors from a Sapphire Reserve account to fly from Newark Liberty Worldwide Airport (EWR) to Fort Lauderdale-Hollywood Worldwide Airport (FLL) is not too shabby.

You may also take into account the journey portal choice should you solely have a handful of Final Rewards factors left, since Chase helps you to redeem factors to cowl even only a portion of the journey price. You’d then pay the remaining steadiness with money.

Lastly, it is a first rate choice for automotive leases, nonchain lodging and when money charges make spending factors by way of switch companions a foul worth. The resort choices are fairly various, although remember that should you guide a resort that participates in a serious loyalty program by way of Chase, you seemingly will not earn resort factors, nor will you be capable of reap the benefits of any elite standing perks.

Get pleasure from fixed-value, nontravel redemptions

You’ll be able to redeem Chase factors for an announcement credit score or financial institution deposit at a flat price of 1 cent every, and this price additionally applies to present playing cards and Apple merchandise (outdoors a limited-time particular).

Nonetheless, with Chase Pay Your self Again, you may redeem factors for money again at a price of 1 to 1.5 cents every, relying in your card. This redemption price is legitimate on assertion credit towards rotating buy classes. You should definitely try our article on the present Chase Pay Your self Again classes.

Lastly, you may also hyperlink your eligible Chase playing cards to your Amazon account and pay for purchases with the Store With Factors program. Nonetheless, you’ll solely obtain a price of round 0.8 cents per Final Rewards level.

As you may see, you may typically get significantly better worth with this system’s switch companions and Chase Journey bookings. Nonetheless, we all know wants can change, so these nontravel redemptions stay fall-back choices.

Backside line

Chase Final Rewards is one in all our favourite bank card packages at TPG. It permits you to begin with a bank card providing a big welcome bonus after which take pleasure in bonus factors on many on a regular basis spending classes — like airfare, lodges, eating and groceries. Then, you may select from an enormous vary of switch companions, redeem factors for journey immediately with Chase or select money again.