Chase Final Rewards factors are among the many most helpful and worthwhile currencies you may gather. When you may translate Chase factors to {dollars}, they’d be price 2.05 cents every primarily based on TPG’s April 2025 valuations — however you will 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 a number of the finest airline and resort switch companions, the easy-to-use Chase Journey℠ portal, money again and fee for on a regular basis bills.
When you’re trying to maximize the worth of your Chase factors, hold studying to find how a lot every redemption choice is price.
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 a number of the finest choices for incomes Chase factors:
Be aware that these three playing cards are the one ones that permit transfers to airline and resort companion applications. Nevertheless, should you pair certainly 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 may mix your factors in a single account, thus changing your cash-back rewards into absolutely transferable Final Rewards factors.
When you’re new to the world of rewards bank cards, it is sometimes finest to start out with Chase merchandise, due to the issuer’s well-documented 5/24 rule. Briefly, you typically cannot get accredited 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 prior to now 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’s best to ideally intention for when redeeming them. Nevertheless, the precise worth will rely in your selection of redemption.
When redeeming Final Rewards factors, you’ve gotten three fundamental choices:
| Redemption choice | Examples | Level worth |
|---|---|---|
| Switch factors to journey companions | 14 airline and resort loyalty applications | Probably 2.05 cents every |
| Fastened-value redemptions by Chase Journey | Flights, lodges, cruises, excursions and rental vehicles | Between 1 and 1.5 cents every, relying on which Chase card you’ve gotten |
| Fastened-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 commonly probably the most worthwhile option 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 need to switch factors in 1,000-point increments. As famous beforehand, you may solely switch factors from Sapphire Most popular, Sapphire Reserve and Ink Enterprise Most popular accounts, although you may 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 precious resort factors, given this system’s low award redemption charges and wonderful vary of price range and luxurious properties.
You’ll be able to simply acquire a minimum of 2 cents of worth per Chase level by transferring your factors to World of Hyatt and redeeming them in a dear resort market like London.
For instance, should 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
When you want flights over lodges, we’ve got 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 beneath 3,000 miles every approach (and there is companion 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 Virgin Atlantic: For simply 145,000 Chase factors, you may 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 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 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 the Chase portal
It’s also possible to e book journey by Chase Journey and redeem factors for aircraft tickets, resort stays, rental vehicles, cruises or experiences at a hard and fast money worth per level. This worth depends upon which card you maintain:
That is one other case the place it is sensible 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 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 variety of factors. For instance, a $300 resort or flight would price 30,000 Chase factors redeemed at 1 cent every. However should you can redeem them for 1.5 cents every as a substitute, 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, comparable 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 absolutely 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 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 likely one of the most profitable affords we have ever seen on this card.
Chase’s cash-back bank cards could indirectly earn you factors, however should 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 a minimum of certainly one of Chase’s cash-back playing cards so you may earn bonus factors in numerous classes and maximize your rewards.
You’ll be able to earn further factors with Store By way of Chase, Chase’s on-line buying portal.
Backside line
How a lot Chase Final Rewards factors are price depends upon your journey type and targets. Nevertheless, assigning a greenback worth per Chase level will help you establish the neatest option 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 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 wide selection of airline and resort companions and reserving award candy spots. When you want a less complicated option to redeem, the Chase Journey portal affords 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.
