80,000 Chase points are worth $800 for cash back and gift cards, but can be worth anywhere from $800 to $1,600 or more when redeemed for travel. Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Mix and match credit cards from different issuers to build your own combos and calculate how much you can earn. Our guide breaks down the best redemption options and provides a calculator to help you make the most of them. Using one point to get a discount off a purchase is a value that can't be beat. Disclaimer: NerdWallet strives to keep its information accurate and up to date. READ OUR REVIEW of the Chase Freedom Unlimited. 20,000 Chase points are worth $200 for cash back and gift cards, but can be worth anywhere from $200 to $400 or more when redeemed for travel. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. JetBlue Points have an average value of 1.3 cents each, though it's not possible to get as much as 1.5 cents for some flights. AMEX will deduct the Membership Rewards points from your account and pay the airlines in cash for the reservation. Card highlights: Annual $300 travel credit, Priority Pass Select membership, up to $100 towards a Global Entry or TSA PreCheck application, top-notch travel insurance, and a 50% boost to point value on travel redemptions made through Chase Ultimate Rewards. This calculator can also be used to determine the value of your Chase points after being transferred to Chase's partners. TS Rewards Card Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back! This website is an independent, advertising-supported comparison service. The Pay With Points program allows you to redeem your points at checkout with top retailers. Points & Miles Transfer Partner Calculator Tool. Special offers and freebies. Citi Points can be transferred to both Choice Privileges and Wyndham Rewards. If you want higher value, several of Chase's partners can offer as much as 2 cents or more per point for premium and First/Business class redemptions, especially with the 5-star airlines that offer in-air suites. How much are Chase Ultimate Rewards points worth? You can expect around 1 to 1.5 cents in value when transferring points and redeeming them for standard economy flights and as much as 2 cents in value per point for premium and First/Business class redemptions. If you're flexible in booking your flights, you can fly business class to Europe starting at 60,000 to 70,000 miles per direction flying United and their partners. Here's the full breakdown on how much The Point Calculator values ThankYou Rewards points: Learn More: Best Citi Credit Cards + Rewards Calculator. 15,000 Citi ThankYou Rewards points are worth $150 on average, but can be worth as much as $300 or more when transferred to Citi's partners. Plus, you'll be booking direct so you'll receive credit towards status as well as receive benefits if you have World of Hyatt status. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. They are most known for their monthly promotions which can offer high redemption value. The value of 50,000 AMEX Points ranges from $250 to $500 when redeemed through American Express, but can be worth as much as $1,000 when transferred to a frequent flyer partner. Pre-qualified offers are not binding. This will give your points 1 to 1.5 cents in value based on which Chase-branded credit card you use. Do not sell or share my personal information. This can give you redemption values of up to 3 cents or more depending on the route. NerdWallet strives to keep its information accurate and up to date. Chase Ultimate Rewards points can be redeemed for travel, cash back, gift cards, merchandise, and with select retailers. This means you'll be able to earn frequent flyer miles on these airline bookings which is fantastic. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. While this is significantly lower than the value airline partners offer on average, it is possible to get higher value when booking high-end resorts or hotels in popular destinations (e.g. Most of these cards have no annual fee, so I highly suggest pairing them with Chase's travel cards. Here's the full breakdown on how much The Point Calculator values ThankYou Rewards points: So 10,000 points can be worth $100 to $200 depending on how you redeem them. All Rights Reserved. Calculate the transfer of points and miles for over 80 partner rewards programs and get a list of the best credit card offers to quickly earn rewards. This means 10,000 Ultimate Rewards Points can be worth anywhere For example, I found a one-way flight on Delta One from New York (JFK) to Amsterdam (AMS) for 100,000 Virgin Points plus $55.25 in taxes searching the Virgin Atlantic UK website. The Business Green Rewards Card from American Express also earns Membership Rewards points. Intro bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This will give you an idea of how much your points are worth based on redemption. Comparing Chase points to other programs with fewer high-quality transfer partners is like comparing a $100 bill to a $100 Olive Garden gift card. 30,000 Citi ThankYou Rewards points are worth $300 on average, but can be worth as much as $600 or more when transferred to Citi's partners. The Point Calculator is owned by RF3 LLC. Membership Rewards Points can be redeemed for over 90 different gift cards consisting of restaurants, retail stores, entertainment and more. This means 10,000 ThankYou points are worth $100 on average. Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. Value per American Airlines mile: 2.42 cents. They are for illustrative purposes only. The value of 40,000 AMEX Points ranges from $200 to $400 when redeemed through American Express, but can be worth as much as $800 when transferred to a frequent flyer partner. 25% point rebate when booking flights via AMEX Travel. ThankYou Points can be redeemed for over 100 gift cards at a value of 1 cent per point. You will get 1 cent per AMEX Point redeeming for airfare. About The Point Calculator Private Policy Advertising Policy. This allows you to easily maximize your rewards when dealing with multiple cards. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. Chase Ultimate Rewards: A Complete Guide | GOBankingRates 5% cash back on office supply store purchases and internet, cable and phone services, on up to $25,000 spent per year combined. Silver Annual Spend: $1 to $499 These bookings will give your points a value of 1 cent apiece. This makes it very easy to earn hundreds of thousands of miles in the program using welcome bonuses earned with Citi, Chase, American Express, and Capital One credit cards. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. One of the best ways to redeem Flying Club Miles for high value is by using them to book Delta One flights between the US East Coast & Europe and the US West Coast & Asia. Redemptions start as low as 1,000 points for a $10 gift card. Also, beautiful memories that will beckon you back to Switzerland for the rest of your life. You can also book domestic one-way flights with United starting at 5,000 miles. But how valuable? After you've purchased your ticket with a participating airline, you can jump to the American Express Travel Site to enter your reservation details. 3 points per $1 spent on the first $150,000 per year in combined spending on travel and select business categories. So how do we make money? Learn More: British Airways Avios Value Calculator & Redemptions Options. Our opinions are our own. Point Value Calculator & Best Redemptions. Get the answers you need here. In short: The estimated value of Chase Ultimate Rewards points when redeeming with partners ranges from 0.7 cents to 1.9 cents. Now with that note out the way, let's breakdown the values you'll get out of the most popular Chase redemptions. Through March 2025: 10 points per $1 spent on Lyft. Sign up for Rakuten Rewards and earn Membership Rewards points shopping online at thousands of retailers! How Much This flight almost always costs at least $400, so we could take 5 round-trip flights for 45,000 Ultimate Rewards points transferred to British Airways. Such is the case with these properties in Houston, Texas. Calculate the transfer of points and miles for over 80 partner rewards programs and get a list of the best credit card offers to quickly earn rewards. Credit Card Combination Rewards Calculator Tool. The benefit to redeeming your points through Amazon, is that Amazon occasionally offers cash off when you use rewards points to pay for your purchase. Through point transfers, you can get as much as 2 cents per point. Learn More: United Miles Value Calculator & Redemptions Options. If you want excellent value with little to no research, transferring your points to the World of Hyatt program is the route to take. Macys Rewards Enter how much the flight or redemption would cost you if you paid cash. Senior Writer | Travel rewards, point and mile valuation, data analysis. They are meant to provide estimates and may not reflect the exact amount of rewards you will receive. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Designated trademarks and brands are the property of their respective owners. Lets break it down. If you do not have enough points to cover the charge, it will not allow you to use partial points to cover it. That card offers the same 5% in rotating categories and 1% elsewhere, but not the bonus rewards on travel, dining and drugstores. You can transfer points using the following Chase-branded credit cards: Points earned with other Chase-branded credit cards cannot be transferred directly to Chase's travel partners, BUT they can be transferred to other Chase credit cards. Shell Credit Cards Review So, for example, you could redeem 1 ThankYou Point for $30 off and pay the remaining balance with your card. This is typically something along the lines of: The big plus to these offers is that they can generally be triggered by only redeeming 1 rewards point. In a previous professional life, he wrote comedy until a nomadic lifestyle and a lifelong obsession with saving money turned his attention to travel rewards. The value of 20,000 AMEX Points ranges from $100 to $200 when redeemed through American Express, but can be worth as much as $400 when transferred to a frequent flyer partner. 8 Best Credit Cards for $200 to $500+ Bonuses (July 2023) A birthday surprise. Delta offers great promotion sales from time to time that can net you some fantastic value when redeeming SkyMiles. Intro bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. The Singapore Airlines KrisFlyer program has a lot of sweet spots, but their most sought after product is their premium in-air suites. Chase Ultimate Rewards points value at between 1 and 1.9 cents, according to our analysis. He is no longer funny. Input your monthly and yearly spend amounts into our credit card finder tool to see which credit cards will earn you the most points, miles and cash back! All information about the American Express EveryDay Credit Card, American Express EveryDay Preferred Credit Card, and Business Green Rewards Card from American Express has been collected independently by The Point Calculator and has not been reviewed by the issuer. The good thing about KrisFlyer is that it is a 1-to-1 transfer partner of all major credit card rewards programs. 60,000 Chase points are worth $600 for cash back and gift cards, but can be worth anywhere from $600 to $1,200 or more when redeemed for travel. View the list of cash back credit cards and calculate how much you can earn based on the spend amounts you enter. Citi ThankYou Points can be used to book travel through the ThankYou Rewards portal. The Point Calculator is owned by RF3 LLC. WebEarn a $200 cash rewards bonus when you spend $1,000 in purchases in the first 3 months1 Plus, earn unlimited 2% cash rewards on purchases 2 $0 Annual Fee Important Credit Terms Apply now Meet our best cash back credit card ever! And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Calculate the average dollar value of rewards points earned in popular programs worldwide. This website is an independent, advertising-supported comparison service. Up to $120 in annual Uber Cash and up to $120 in annual dining credits. Air France-KLM Flying Blue is part of the SkyTeam alliance which consists of airlines like Delta Air Lines, Aeromexico, and Korean Air. Card highlights: 25% point value boost towards travel booked through Chase Ultimate Rewards. Mix and match credit cards from different issuers to build your own combos and calculate how much you can earn. This wide range of values is due to the complexity of Ultimate Rewards redemption options. READ OUR REVIEW of the Chase Sapphire Reserve. 20,000 Citi ThankYou Rewards points are worth $200 on average, but can be worth as much as $400 or more when transferred to Citi's partners. The American Express Business Gold Card offers a 25% rebate when you book airfare through American Express Travel. All Rights Reserved. Based on our most recent analysis, Chase points are worth between 1 cent and 1.9 cents each, depending on how theyre used and which card they were earned with. View our valuations of points and miles for popular programs worldwide. When Shell states that you will save 10 per gallon, up to 20 gallons, its actually referring to the 5 per gallon youre getting from the Gold Status, in addition to the extra 5 per gallon, totally 10 per gallon, savings you receive for being a cardholder. Use the AMEX Points Value Calculator to estimate the average dollar value of your points, whether you decided to redeem them for airfare, hotels, gift cards, or other rewards. Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Apply by 6/30/2023. He has spoken about travel rewards at CardCon, the Altitude conference and AwardWallet's "Award Travel 101" podcast. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. Chase points value when booking through the portal, Chase points value when transferring to partners, Credit cards that earn Chase Ultimate Rewards. We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Virgin Atlantic is a very close partner of Delta Airlines. Why the big spread? What Are Credit Card Points And Miles Worth - Hustler Money Heres a quick look at all your redemption options with Scene+. Use this calculator to determine if a redemption is worth paying in Chase Ultimate Rewards points over paying in. Our guide and calculator takes the guesswork out of redemption options, so you can make informed decisions and get the most value from your Membership Rewards points. Capital One Quicksilver Cash Rewards Credit Card CASH BACK RATING 4.8 OVERALL RATING 4.8/5.0 Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening Earn unlimited 1.5% cash back on every purchase, every day $0 annual fee and no foreign transaction fees They also have great deals on short-haul, one-way flights throughout the United States. This affords more options for travel rewards hobbyists who are willing to dive into these programs and find the best deals. Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. All other purchases earn 1X. The simple answer: 1 to 2 cents per point. The table below shows the transfer partners for which we have data-driven point and mile valuations. Buying points and miles can be a great way to save money on travel, but how much does it actually cost? This applies to all Chase-branded credit cards that earn Ultimate Rewards points. That's $750 when you redeem through Chase Ultimate Rewards. Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. They offer several of the best travel rewards credit cards in the market for both personal and business use. Booking through the portal is pretty straightforward. Some card offers that appear on this site are from companies from which this website receives compensation. However, this does not influence our evaluations. Chase offers a large handful of credit cards that earn Ultimate Rewards points. Our partners cannot pay us to guarantee favorable reviews of their products or services. If you have a personal or business version of the Platinum Card, you'll be able to book stays through Fine Hotels & Resorts. He is based in Ojai, California, and teaches mindfulness meditation because that's what you do in Ojai. While the difference of 0.25 cents per point may not seem like a lot, it quickly adds up. This website does not include all card companies or all card offers available in the marketplace. 5% back on travel purchased through Chase. Input your monthly and yearly business expenses to find out which busines cards earn you the most rewards. Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Our estimate of 2.6 cents to 1.9 cents is based on the higher-value transfer options, but that doesnt mean all the options are equal far from it. Other credit cards that earn Ultimate Rewards points, Find Credit Cards Based On Your Monthly Spend, Find Business Cards Based On Your Expenses, Build Your Own Credit Card Combos & Calculate Rewards, Points & Miles Transfer Partner Calculator. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards. Qantas is the flag carrier of Australia. REWARDS We have financial relationships with some of the products and services found on this site and may be compensated if you choose to use any of these links. Capital One Spark Cash Select - $500 Cash Bonus This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. Here's a few of the best options when it comes to transferring Membership Rewards points to airline partners: American Express Membership Rewards is the only major credit card rewards program that transfers to Delta SkyMiles. The best way to redeem points for maximum value is by transferring them to AMEX's airline and hotel partners. It also has brand name products from top companies such as Apple, Sony, and Google. In this case, the Citi Premier hotel credit ends up saving you just $7.14 over the Hilton Honors member rate and $35.48 over the flexible rate. Unless you find a deal within the Membership Rewards store, you would be better off using your card to make the purchase and then using points to cover the card charges. His obsession with travel rewards started with a business-class flight to New Zealand on Emirates, which earned him instant Alaska MVP Gold status. View the list of cash back credit cards and calculate how much you can earn based on the spend amounts you enter. If you transfer your points to one of Chase's airline partners and redeem them for economy flights, you can typically expect to get between 1.2 and 1.4 cents per point. The values are fixed when using points to book through the Chase travel portal. Points can be transferred to airline and hotel partners for 0.6 to 2.1+ cents per point in value. The Point Calculator values Marriott Bonvoy Points at 0.7 cents, but it's possible to get significantly high value with some research. Qantas Points have an average value of 1.4 cents each for your basic redemptions, but first and business class flights can yield significantly higher value. That same flight through Delta is a whopping 210,000 Delta SkyMiles plus the same $55.25 in taxes. The sweet spots for Marriott will be the low-end Category 1 and Category 2 hotels as well as their high-end Category 7 and Category 8 hotels. Global lounge access, over $1,400 in annual credits, 35% point rebate when booking flights via AMEX Travel, complimentary elite status with top travel programs, and much more.