Chase Pay with Points: A Comprehensive Guide

Using Chase Pay with Points is a great way to get the most out of your Chase credit card rewards. You can redeem your points for cash back, travel, or gift cards, among other options.

Chase offers a variety of redemption options, including statement credits, bank deposits, and travel bookings.

To get started, you'll need to have a Chase credit card that earns points, such as the Chase Sapphire Preferred or Chase Freedom Unlimited.

Chase Ultimate Rewards are rewards points that many Chase credit cards offer cardmembers, earned by using an eligible card for everyday spending or travel purchases.

You can redeem those points for cash back, travel, gift cards, and Amazon or Apple purchases, and in some cases, even for special experiences or access to exclusive events.

There are two ways to use your points for travel: book your travel through the Chase Travel Portal and use your points toward the purchase, or transfer your Ultimate Rewards points to an airline or hotel that has a partnership with Chase.

Most purchases made with an eligible Chase credit card earn a single point per dollar spent.

You can use your credit card rewards to pay off certain charges on your card through the Pay Yourself Back program, available on a number of Chase products including the Freedom, Ink, and Sapphire credit cards, as well as co-branded airline cards with Aeroplan, Southwest, and United.

You can use Chase Pay with Points to pay for purchases with rewards points from your Chase credit card.

Chase offers several credit cards that earn points, including the Chase Sapphire Preferred and Chase Sapphire Reserve.

You can earn points by making purchases, paying bills, or referring friends to Chase credit cards.

The Chase Pay with Points system allows you to redeem points for statement credits, which can be applied to your credit card balance.

Statement credits can be applied to any purchase, including travel, dining, and groceries.

You can also redeem points for cashback, gift cards, or travel through Chase's rewards portal.

The value of your points depends on the credit card you have and the redemption options available.

For example, the Chase Sapphire Preferred offers 2X points on travel and dining purchases, while the Chase Sapphire Reserve offers 3X points on travel and dining purchases.

You can redeem your points for travel through Chase's rewards portal, which includes options like flights, hotels, and rental cars.

Travel redemptions often offer the best value for your points, as they can be worth 1.25 to 1.5 cents per point.

Redeeming points with Chase Pay with Points is a great way to get the most out of your Ultimate Rewards points. You can book travel through the Chase Travel portal, which provides a value of up to 1.5 cents per point, depending on your credit card.

You can also transfer points to travel partners, redeem for cash back, or use points to purchase gift cards. The cash back redemption option is available on all Chase-branded credit cards, with a value of 1 cent per point.

The Chase Travel portal offers a convenient way to book flights, hotels, rental cars, and more, with varying values of 1.5 cents, 1.25 cents, or 1 cent per point, depending on your credit card.

Here's a quick rundown of the Chase Travel portal values:

You can also use your Ultimate Rewards points to pay for Amazon purchases through the Amazon Shop with Points program, which offers a value of 0.8 cent per point, but can sometimes provide cash off on purchases when redeeming just one point.

Redeeming your Chase Ultimate Rewards points is easier than you think. You can book travel through the Chase Travel portal, which offers great value, especially with the Chase Sapphire Reserve card, where you can get up to 1.5 cents in value per point.

There are four main ways to redeem your Ultimate Rewards points: book travel, transfer points to a partner, redeem for cash back, or redeem for gift cards. You can also use the Pay Yourself Back feature to offset the annual fee on a rarely-used card.

To book travel, simply log onto the Chase Ultimate Rewards portal and choose the "Book Travel" option. You can use your points to pay for all or part of the purchase, and you'll even earn frequent flyer miles just as if you were using cash.

You can also transfer points to a partner, but this is only available with the Chase Sapphire Reserve or Sapphire Preferred card. This can provide a higher value than redeeming for cash back, especially if you're using the Sapphire Reserve card, where you can get up to 1.5 cents in value per point.

Redeeming for cash back is a straightforward option, where you can get 1 cent in value per point with no minimum redemption level. However, this may not be the best use of points if you have a Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred card, as you can get a higher value by booking travel or transferring points to a partner.

If you're using the Chase Travel portal, the value of your points will depend on which card's points you're using. Here's a breakdown of the value you can expect:

You can also use your Ultimate Rewards points to book flights, hotels, rental cars, and more through the Chase Travel portal. And, if you don't have enough points to pay for the entire bill, you can put the remaining balance on your credit card.

Online shopping is a great way to earn additional points, and it's easier than you think. You can earn points by shopping at your favorite merchants just by clicking through the Chase shopping portal first.

The number of points available for you to earn varies by merchant, so it's worth checking out the offers before making a purchase. Sometimes there are promotional offers to further increase the number of points you can earn, especially around holidays and peak shopping periods.

For example, you can earn one to 15 bonus points per dollar at participating stores through Shop Through Chase. This is a significant increase in points, making online shopping a great way to boost your rewards earnings.

To make the most of online shopping, it's a good idea to check the Chase shopping portal regularly for new offers and promotions. This way, you can take advantage of the best deals and earn the most points possible.

Here are some popular online shopping options to consider:

The Chase credit card family offers a range of options for earning and redeeming Chase Ultimate Rewards points.

You can earn points with various Chase credit cards, with some offering higher value for travel redemptions. For example, the Chase Sapphire Reserve earns 10x points on hotels and car rentals when you purchase travel through Chase Travel after the first $300 is spent on travel purchases annually.

The Chase Sapphire Preferred is a popular choice, offering a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This bonus alone could be worth up to $750 if you use those points to book travel through the Chase Travel℠ portal.

Here's a breakdown of some Chase credit cards and their travel value:

The Sapphire cards are a popular choice among Chase cardholders. The Chase Sapphire Preferred Card is a great option, offering a welcome bonus of 60,000 points after spending $4,000 in the first three months.

You'll earn 5X points on travel purchased through Chase Travel℠, 3X points on dining, select streaming services, and online groceries, and 2X points on all other travel purchases. The points can be transferred to airline and hotel partners, boosting their value to 2 cents or more.

The Chase Sapphire Reserve Card offers a welcome bonus, annual travel credit of up to $300, and earns 10x points on Chase Dining purchases with Ultimate Rewards. You'll also earn 10x points on hotels and car rentals when purchasing travel through Chase Travel after the first $300 is spent on travel purchases annually.

The Sapphire Preferred Card earns 5x points on travel purchases through Chase Travel, 3x points on dining and eligible delivery services, and 3x points on select streaming services. It's a great option for those who want to earn points on travel and dining purchases.

Here's a breakdown of the average travel value by Chase credit card:

The current offer on the Chase Sapphire Preferred card is a 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This is a great opportunity to earn a lot of points quickly.

If you're considering applying for this card, you can expect to earn a welcome bonus of 60,000 points after meeting the spending requirement. This bonus alone can be worth up to $750 if you use those points to book travel through the Chase Travel℠ portal.

The Chase Sapphire Preferred card is a great starting point for earning Chase Ultimate Rewards points, and with this current offer, you can get a head start on building your points balance.

You can transfer your Chase points to airline partners and get a value of 1.2 to 1.4 cents per point for economy flights. Some partners offer higher value for premium and first/business class redemptions, up to 2 cents or more per point.

If you're looking for sweet spots, consider transferring to United Airlines for business class flights to Europe starting at 60,000 to 70,000 miles per direction. Virgin Atlantic offers great redemption value on one-way flights from the US West Coast to Asia and US East Coast to Europe.

You can also transfer to hotel partners, like Hyatt, which offers excellent value with little to no research, worth 1.8 cents to 2.2 cents per point on average.

Using Amazon Shop is a great way to earn rewards points. You can use points from various rewards programs, like Ultimate Rewards Points, to pay for your purchases on Amazon.com.

Amazon occasionally offers cash off when you use Ultimate Rewards Points towards Amazon.com purchases. This can be triggered by redeeming just 1 rewards point, which can save you a significant amount of money on your purchase.

The actual value of your "one point" may be 0.8 cents, but you'd have saved money on your purchase, which far exceeds the value of the one point you redeemed.

If you're an Amazon shopper, you should check out the Shop With Points program and look out for these cash off offers. It's a great way to maximize your rewards points and save money on your purchases.

Here are some popular rewards programs that you can use with Amazon:

Remember to always check the terms and conditions of each offer to ensure you're getting the best value for your rewards points.

If you have a Chase card, you can redeem your Ultimate Rewards points for cash back or gift cards, but be aware that you'll only get a maximum value of one cent per point. This is a relatively low value, so you're usually better off transferring your points to an airline or hotel or booking a reservation through the Chase travel portal.

You can receive cash back in the form of a statement credit on your card or a deposit into your bank account, or choose from over 150 different gift cards, including popular retailers like Amazon, Starbucks, and Best Buy.

One additional way to redeem your points is through the Chase Pay Yourself Back program, but keep in mind that the redemption rates are generally poor and eligible categories are quite limited.

Here are some benefits of having a Chase card:

You can transfer your Chase Ultimate Rewards points to airline partners, such as United Airlines, Virgin Atlantic, and British Airways, on a 1:1 basis. This can give you a value of 1.2 to 1.4 cents per point for economy flights.

Transferring points to airline partners can get you higher value, especially for premium and First/Business class redemptions. In fact, some airline partners, like Singapore Airlines, offer as much as 2 cents or more per point for premium redemptions.

United Airlines is a great airline to transfer points to, especially if you're flexible with your travel dates. You can fly business class to Europe starting at 60,000 to 70,000 miles per direction. United also offers domestic one-way flights starting at 5,000 miles.

Virgin Atlantic offers great redemption value on one-way flights from the US West Coast to Asia and the US East Coast to Europe. British Airways' award chart is based on distance, making Avios very valuable for short-haul trips.

If you're looking for a luxurious travel experience, consider transferring your points to Singapore Airlines KrisFlyer program. Their premium in-air suites are the definition of luxury and can provide you with one of the best airline travel experiences.

You can also transfer your points to hotel partners, such as World of Hyatt and Marriott Bonvoy, on a 1:1 basis. The best hotel redemption partner is Hyatt, which offers an average value of 1.8 to 2.2 cents per point.

Here are some of the best airline and hotel transfer partners:

You can transfer points between Chase credit cards at no charge, and the points will acquire the benefits of the new credit card. For example, transferring 60,000 points from the Chase Freedom Unlimited to the Chase Sapphire Reserve will make your points worth 1.5 cents each when booking through the Chase travel portal.

You can earn Chase Ultimate Rewards points on your purchases, and the rate varies depending on the card you have. For example, the Chase Sapphire Reserve earns 3X points on other travel and dining.

To maximize your earnings, look for promotional opportunities that offer bonus points per dollar spent or additional value when redeeming points. These promotions are updated regularly, so check in frequently to see what new bonuses you have an opportunity to earn.

You can also earn bonus points by making purchases in specific categories, such as dining, gas, travel, and more. The categories and bonuses earned can vary by card, so consult your card's Rewards Program Agreement to find out more.

Here are some examples of cards with specific category earning rates:

10,000 Chase rewards points are typically worth $100, which can be used to purchase gift cards, make purchases on Amazon, or receive as cash back on your statement.

If you're a Chase Sapphire Reserve cardmember, your points are worth more when used for travel, specifically 1.5 times the cash back redemption value.

The value of your Chase Ultimate Rewards points can vary greatly depending on how you redeem them. If you redeem for statement credits or gift cards, you'll get a straightforward 1 cent per point.

However, if you have the right credit card, you can get more value from your points when redeeming for travel through the Chase portal. With cards like the Chase Sapphire Preferred, Ink Business Preferred, and Chase Sapphire Reserve, each point is worth 25% more at 1.25 cents each or even 1.5 cents each.

If you transfer your points to airline partners, you can get between 1.2 and 1.4 cents per point for economy flights. But if you're willing to book premium or First/Business class flights, you can get as much as 2 cents or more per point, especially with high-end airlines.

Here's a breakdown of some of the airline partners that offer great redemption value:

These are just a few examples of the many airline partners that offer great redemption value. By choosing the right partner and redeeming your points strategically, you can get more value from your Chase Ultimate Rewards points.

The Freedom card is a great option for earning rewards. You can earn 5% cash back on travel purchases through Chase Ultimate Rewards.

With the Chase Freedom Unlimited card, you can earn a welcome bonus after spending a minimum amount within the first three months of opening the card. This is a great opportunity to boost your rewards earnings.

The Freedom card offers 3% cash back on dining at restaurants, including takeout and eligible delivery services. This is a great benefit for foodies and busy professionals who order in frequently.

You can also earn 3% cash back on drugstore purchases with the Freedom card. This is a practical perk for those who regularly buy essentials like toiletries and over-the-counter medications.

Here are the benefits of the Chase Freedom Unlimited card at a glance:

The Freedom card is part of the Pay Yourself Back program, which is also available on other Chase cards like the Ink and Sapphire credit cards. This program allows you to redeem your rewards for statement credits towards eligible purchases.

Category spending is a key part of maximizing your rewards earnings. You can earn points on every eligible purchase in specific categories, which can include dining, gas, travel, and more.

Some cards offer 3X points on dining, select streaming services, and online groceries, making it a great idea to use your card for these types of purchases. This can add up quickly, especially if you eat out frequently or subscribe to streaming services.

The rewards rate can vary by card, so it's essential to check your card's Rewards Program Agreement to see which categories earn bonus points. This will help you make the most of your category spending.

Here are some specific rewards rates for popular cards:

By understanding your card's rewards categories and rates, you can make informed decisions about how to use your card to earn the most rewards.

You can transfer your Chase Ultimate Rewards points to airline partners, giving you a value of 1.2 to 2 cents per point, depending on the airline and class of travel. Some top airline picks for transfers include United Airlines, Virgin Atlantic, and Singapore Airlines.

If you want to get the most value out of your points, you can transfer them to hotel partners, which can give you a value of 0.6 to 2.1 cents per point. The best hotel redemption partner is Hyatt, with points worth 1.8 to 2.2 cents each on average.

You can also transfer your points to another person's Chase account, as long as they live in your household and have a Chase credit card. This can be a great way to share points with family members or partners.

Some Chase credit cards, like the Chase Freedom Unlimited, allow you to transfer points to other Chase credit cards at no charge. This can be a good way to upgrade your points to a higher-earning credit card.

Here are some Chase airline partners and their redemption values:

You can earn more points per dollar spent by taking advantage of promotional opportunities. These promotions are updated regularly, so it's a good idea to check in frequently to see what new bonuses you have an opportunity to earn.

To maximize your promotional rewards, shop through the Chase shopping portal, which offers exclusive offers from various brands and vendors. You can earn one to 15 bonus points per dollar by shopping at participating stores.

Online shopping is another great way to earn additional points. You'll earn points by shopping at your favorite merchants just by clicking through the Chase shopping portal first. These points are in addition to the rewards you earn from your credit card, so you're double-dipping with these purchases.

You can also use Amazon's Shop With Points program to pay for your purchases on Amazon.com. Using your Ultimate Rewards Points on Amazon.com will give your points a value of 0.8 cent each, but you can sometimes get a discount of up to $30 off a purchase by redeeming just one point.

To make the most of these promotional opportunities, it's essential to stay informed about the latest offers and updates. You can do this by regularly checking the Chase shopping portal and Amazon's Shop With Points program.

Here are some popular promotional offers:

Remember, the key to maximizing your promotional rewards is to stay informed and take advantage of the opportunities that come your way.

Sharing prosperity with friends can be a great way to earn rewards, and Chase Ultimate Rewards has a program in place to encourage this behavior.

You can get a points bonus or cash back for each friend whose card is approved through the official Refer-A-Friend program.

Specific referral rewards vary depending on the card type, so it's worth checking what's available for your specific card.

There's typically an annual limit on bonuses earned from referrals, so be sure to keep track of your rewards.