- Gift cards
- Cash back
Depending on which Chase card you carry, you will earn one point for every dollar spent, double or triple points on bonus categories or up to 5% percent cash back on bonus categories.
Points in the Chase Ultimate Rewards program are usually worth 1 cent. However, if you redeem them for travel with Chase Ultimate Rewards, they are worth 1.25 cents or 1.5 cents, depending on the card you’re using.
In addition to redemption options with Chase Ultimate Rewards, points in this program can be transferred to partner programs at a one-to-one rate. These partners offer travel rewards with seven airlines and four hotel brands including:
- British Airways
- Southwest Airlines
- Virgin Atlantic
Your Chase Ultimate Rewards points will never expire as long as your credit card account is open.