Chase Ultimate Rewards Guide | Bankrate

Chase Final Rewards is arguably the preferred and versatile journey rewards program on the planet, and it’s simple to see why. Rewards bank cards that function inside this dynamic program allow you to rack up factors good for money again, assertion credit, reward playing cards or journey. Chances are you’ll even be capable of flip your Chase Final Rewards factors into different rewards currencies utilizing the 1:1 level switch choice, though this selection relies on the cardboard you’ve.

If you happen to’re out there for a brand new rewards bank card, and also you’re curious how a versatile card would possibly work in your favor, you’re in the correct place. Maintain studying to learn how Final Rewards factors work, how one can earn them and the most effective methods to redeem these rewards for superior worth.

What are Chase Final Rewards factors?

Final Rewards factors are a rewards forex you earn through the use of any eligible Chase bank card. What number of factors you earn relies on the kind of card you’ve and the rewards construction for that card.

As an illustration, some Chase playing cards supply extra factors on spending towards journey, eating, grocery spending and others. Different playing cards from the issuer supply extra rewards based mostly on rotating bonus classes, which change from quarter to quarter.

Though there are many alternatives to earn factors within the Final Rewards ecosystem, cardholders are usually most excited in regards to the a number of redemption choices that embrace money again, assertion credit, reward playing cards, Amazon.com and PayPal purchases and, after all, journey. Journey redemption is particularly engaging with premium journey playing cards just like the Chase Sapphire Reserve®, which may increase your rewards’ worth by 50 % in sure instances.

This information will enable you to perceive what the Final Rewards program entails and learn how to get probably the most out of it.

Chase bank cards that earn Final Rewards factors

There are many choices within the Chase household of playing cards that permit folks to earn Final Rewards factors. Listed here are some we like, together with the explanations we like them:

Chase Sapphire Most popular Card: Finest for infrequent vacationers

Rewards highlights

• 5X factors on journey via Chase Journey
• 5X complete factors on Lyft Rides via March 2025
• 3X factors on eating (together with eligible supply providers), choose streaming providers and on-line grocery purchases (excluding Walmart, Goal and wholesale golf equipment)
• 2X factors on different normal journey
• 1X factors on different purchases

Why we like this card

The Chase Sapphire Most popular® Card stands out attributable to its beneficiant rewards construction that focuses on many on a regular basis spending classes, like eating and on-line grocery purchases.

As a welcome bonus, you’ll get 60,000 factors after you spend $4,000 on purchases within the first three months from account opening. This bonus may be value about $750 when redeemed for Final Rewards journey, attributable to the truth that the Sapphire Most popular gives a 25 % increase in your factors when redeeming for journey by way of Chase’s portal. Be aware, a $95 annual price applies for this card.

Chase Sapphire Reserve: Finest for luxurious journey perks

Rewards highlights

• 10X complete factors on Lyft purchases via March 2025
• 10X factors on Chase Eating purchases, lodge stays and automobile leases via Final Rewards
• 5X factors on air journey via Final Rewards (after incomes your $300 journey credit score)
• 3X factors on normal journey and restaurant purchases (after incomes your $300 journey credit score)
• 1X factors on all different purchases

Why we like this card

Though there’s a hefty $550 annual price, you’ll get loads of luxurious journey advantages with the Chase Sapphire Reserve®. For starters, you’ll earn 60,000 bonus factors for those who spend $4,000 within the first three months. And for those who redeem your bonus for journey by way of the Chase Final Rewards portal, it’s value 50 % extra.

Past the sign-up bonus and distinctive incomes classes this card gives, cardholders obtain an annual $300 journey credit score, as much as a $100 credit score for World Entry or TSA PreCheck membership and Precedence Cross Choose airport lounge membership. It’s an incredible card for frequent vacationers who’re searching for top-of-the-line perks and advantages for his or her journey card.

Chase Freedom Limitless: Finest for flat-rate rewards

Rewards highlights

• 5 % money again on journey bought via Chase Journey
• 5 % money again on Lyft purchases via March 2025
• 3 % money again on eating and drugstore purchases
• 1.5 % money again on all different purchases

Why we like this card

The Chase Freedom Limitless® is a good choice for all of your on a regular basis spending because you earn at the very least 1.5 % money again for every greenback you spend, plus 5 % again on journey booked via the Chase Final Rewards portal and on Lyft rides via March 2025. Plus, you’ll technically earn Final Rewards factors with this card.

You’ll additionally get 3 % money again on all eating and drugstore purchases, and there’s no annual price. Simply do not forget that you’ll need to pair this card with a journey bank card (just like the Chase Sapphire Most popular or Reserve if you would like to have the ability to switch your factors to Chase airline and lodge companions.

Chase Freedom Flex: Finest for rotating classes

Rewards highlights

• 5 % money again on activated bonus class purchases every quarter (as much as $1,500 in purchases, then 1 % again)
• 5 % money again on Chase Final Rewards journey purchases
• 5 % money again on Lyft rides via March 2025
• 3 % money again on eating (together with eating places, takeout and eligible supply providers) and drugstore purchases
• 1 % money again on all different purchases

Why we like this card

The Chase Freedom Flex℠* is an efficient choice if you wish to earn bonus rewards in classes that change each quarter. On high of the $200 in bonus money again you possibly can earn once you spend $500 inside three months of account opening, you can even earn 5 % money again on as much as $1,500 spent in activated rotating bonus classes every quarter (then 1 % again).

Just like the Chase Freedom Limitless, you’ll have to pair this card with a premium journey bank card from Chase if you wish to switch your factors to Chase Final Rewards switch companions. Be aware, this card additionally technically earns Final Rewards factors.

Ink Enterprise Most popular: Finest journey bank card for enterprise

Rewards highlights

• 3X factors on the primary $150,000 spent on journey and choose enterprise classes every account anniversary 12 months (then 1X factors)
• 1X factors on all different purchases

Why we like this card

If you happen to’re searching for a enterprise bank card that permits you to earn rewards for journey on all what you are promoting purchases, the Ink Enterprise Most popular® Credit score Card is a superb selection.

Not solely do you earn distinctive rewards in an array of business-related classes, however you can even begin off with 100,000 Chase Final Rewards factors once you spend $8,000 in your card inside three months of account opening. The annual price on this card is $95, and you’ll switch your factors to Chase airline and lodge companions, as effectively.

What are Chase Final Rewards factors value?

Typically talking, Chase Final Rewards factors are value 1 cent every when redeemed for reward playing cards, money or assertion credit. There are some exceptions, nevertheless, that change by card, in addition to redemption choices that may enable you to get considerably extra worth in your rewards.

For instance, the Chase Sapphire Most popular gives 25 % extra worth in your factors once you redeem them for journey via the Final Rewards portal, and the Chase Sapphire Reserve offers you 50 % extra worth with this selection. On this case, 100,000 factors are value $1,250 and $1,500 towards journey, respectively.

Additionally, transferring factors to Chase airline and lodge companions offers you one other alternative to get greater than 1 cent per level in worth. At present, Chase Final Rewards factors are value round 1.0 cents, in response to month-to-month factors and miles valuations by Bankrate. In the long run, your true level worth will rely upon the way you redeem your rewards after you switch them to a different program.

Tips on how to earn Chase Final Rewards factors

Fortuitously, there are many methods you can’t solely earn Final Rewards factors but additionally maximize these earnings with some strategic spending. Listed here are some methods to optimize your rewards.

Spend on an eligible Chase bank card

The only approach to earn Final Rewards factors is by spending cash together with your eligible Chase bank card. Be sure you perceive the rewards construction of your specific card, and be particularly cautious to make use of it for classes the place you’ll earn probably the most.

As an illustration, you may use your Chase Sapphire Most popular for on-line grocery purchasing to earn 3X factors and the Chase Sapphire Reserve to earn 5X factors in your air journey spending via the Chase portal.

Join the Chase trifecta

Bank card trifectas are a card-combining technique that may enable you to earn extra rewards. The Chase trifecta usually features a shopper journey card, an entry-level rewards card and a enterprise bank card. A standard trio would possibly embrace the Chase Freedom Limitless, Chase Sapphire Reserve and Ink Enterprise Most popular, for instance.

With this card mixture, you may use the Freedom Limitless for many purchases and switch your rewards to the Sapphire Reserve for a redemption bonus. With the Ink Enterprise Most popular in your pockets, you’ll even be incomes rewards in your business-related purchases.

Use Store via Chase

If you happen to often store on-line, you need to examine the Store via Chase portal for extra alternatives to earn Final Rewards factors. Store via Chase is accessible by logging in to your Chase bank card account and visiting the Final Rewards portal.

As soon as there, you’ll see loads of offers with well-known manufacturers and retailers, together with the chance to earn extra factors per greenback spent. Choose a particular supply, and also you’ll be taken to the retailer’s web site, the place you can also make your purchases and earn your rewards.

Refer-a-Buddy

Chase gives bonuses for buddies that use your referral hyperlink or code to open a bank card with Chase. These bonuses differ by card, however in lots of instances, they’re doled out within the type of Final Rewards factors.

Tips on how to redeem Chase Final Rewards factors

To redeem your Final Rewards factors, log in to your Chase bank card account and entry the Chase Final Rewards portal. From there, use the menu to pick out the way you’d like to make use of your factors. Right here’s a rundown of your redemption choices:

Reward playing cards, assertion credit or money again

You’ll be capable of redeem your factors for assertion credit or money again at a fee of 1 cent per level. Reward card choices are additionally out there, usually at 1 cent per level in worth. Chase generally gives particular offers on reward playing cards that may internet you greater than 1 cent per level in worth, though these gives often change.

Merchandise

Redeeming your factors for purchases made via Apple.com or Amazon.com might help you get monetary savings on big-ticket gadgets and expensive electronics. If you happen to’re out there for a smartphone or new laptop, this may very well be a very good choice.

Journey via the Chase portal

Along with redeeming for reward playing cards, merchandise and assertion credit or money again, all Chase Final Rewards-earning playing cards allow you to use factors to guide journey via the Chase portal.

If you wish to redeem your factors for journey, you possibly can seek for out there flights or accommodations via Chase Final Rewards, which companions with Expedia.com. You may also redeem factors within the portal for cruises, trip leases, rental vehicles and experiences or actions.

Select your vacation spot and dates to get a listing of choices, in addition to what number of factors every choice requires. If you happen to don’t have sufficient factors, you can also make up the distinction in money.

Chase Eating

Sapphire-branded Chase playing cards additionally allow you to redeem your rewards for Chase Eating choices. These redemptions let you use factors for curated eating experiences, dwelling meal kits and extra. Redemption values differ, and choices often change.

Chase Final Rewards companions

You probably have the Sapphire Reserve, Most popular or Ink Enterprise Most popular, you’ll see the choice to “switch to journey companions.”

All Chase switch companions allow you to switch factors at the very least a 1:1 ratio and, in some instances, a little bit extra. We’ll take a better take a look at Chase switch companions additional beneath.

Tips on how to switch Chase Final Rewards factors

If you happen to’d prefer to switch your Chase Final Rewards factors to accommodations or airways, log in to your Chase bank card account and entry the Chase Final Rewards portal. The menu offers you the choice to switch factors to journey companions, and from there, you possibly can choose your most popular airline or lodge and switch your factors. Factors usually switch at a 1:1 worth, so for those who’re turning your factors into airline miles, 1 level will equal 1 mile.

When you determine on a switch associate, you’ll be required to switch Chase Final Rewards factors in increments of 1,000. This may generally imply you need to switch extra factors than you really need, nevertheless it’s nonetheless principally a good approach to make level transfers occur. You shouldn’t wind up losing too many factors once you switch in increments of 1,000, and you’ll at all times switch extra factors to make use of towards one other redemption later.

Right here’s a listing of Chase switch companions to select from:

Airline companions

• Aer Lingus
• Air France / KLM Flying Blue
• Air Canada Aeroplan
• British Airways
• Emirates
• Iberia Plus
• JetBlue
• Singapore Airways KrisFlyer
• Southwest Fast Rewards
• United MileagePlus
• Virgin Atlantic

Lodge companions

• IHG Rewards Membership
• Marriott Bonvoy
• World of Hyatt

Continuously requested questions

The underside line

Many bank card holders default to a particular rewards kind, and for those who’re the kind that at all times requests an announcement credit score, for instance, you is likely to be lacking out on the prospect to show your factors into one thing extra precious.

Earlier than you redeem your factors or money again via Chase Final Rewards, take a while to discover the portal and all of its reward choices and advantages. As soon as you understand which choices can be found based mostly on the cardboard you’ve, you’ll be higher geared up to make knowledgeable selections and get probably the most out of your Chase Final Rewards.

*The details about the Chase Freedom Flex℠ has been collected independently by Bankrate.com. The cardboard particulars haven’t been reviewed or permitted by the cardboard issuer.