Some card offers that appear on this site are from companies from which this website receives compensation. For our NerdWallet estimate of 2.6 cents to 1.9 cents per Ultimate Rewards point, we factored in three variables: The value of these points when used to book travel directly with the credit cards travel portal. As an example, here are some bookings for a weekend in Tampa, Florida. This website is an independent, advertising-supported comparison service. We've run the calculations for you and here are our top picks for best credit cards of 2023: Our Credit Card Rewards calculator can help you find the perfect card and offers based on your monthly and yearly spending habits. Enter how much the flight or redemption would cost you in Ultimate Rewards Points along with any taxes, fees, or additional cash cost you would have to pay. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. NerdWallet's ratings are determined by our editorial team. 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. The British Airways award chart is based on distance which makes Avios very valuable when used for short-haul trips. Input your monthly and yearly business expenses to find out which busines cards earn you the most rewards. Points & Miles Transfer Partner Calculator Tool. 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! You can use our redemption calculator to do so. Most of the gift cards in the portal allow you to choose between receiving an electronic code (e-gift card) or receiving it by mail. Use our Bank of America point calculators to calculate Travel Rewards and Premium Rewards credit card points and the cash value of points based on redemption. WebDining: 1 Reward Credit for every $1 spent at participating restaurants Slot Machines: 1 Reward Credit for every $5 coin-in* Video Poker Machines: 1 Reward Credit for every $10 coin-in* Table Games & Poker: Reward Credits are earned based on your length of play, average bet, and the type of game Sports & Bingo: 1 Reward Credit for every $10 wagered 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. These hotels offer between 1.35 and 1.77 cents in value with the exception of the Hyatt Place Houston/Galleria which offers a whopping 3 cents per point. That's significantly better than the 1.25 to 1.5 cents you would get booking through the Chase Travel portal. This redemption would give your points a value of 1.69 cents each which is great for Marriott. Note: Chase's cash-back credit cards technically earn that cash in the form of Chase Ultimate Rewards. This website does not include all card companies or all card offers available in the marketplace. Some card offers that appear on this site are from companies from which this website receives compensation. Global airport lounge access, over $1,400 in annual credits, complimentary elite status with several loyalty programs, top-notch travel insurance, and much more. Mix and match credit cards from different issuers to build your own combos and calculate how much you can earn. How Much Does It Cost To Buy Points & Miles? Amazon's Shop with Points allows you to use rewards earned with various rewards programs to pay for your purchases on Amazon.com. 75,000 Citi ThankYou Rewards points are worth $750 on average, but can be worth as much as $1,500 or more when transferred to Citi's partners. As a result, the value of these points is not fixed and can vary depending on the redemption method chosen. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. This website is an independent, advertising-supported comparison service. It also has brand name products from top companies such as Apple, Sony, and Google. Point Value Calculator & Best Redemptions. Within the portal you can book a flight, hotel, or car rental. Your guide to the Chase Ultimate Rewards program, Note: These values only represent the simplest and most direct way of using Chase points. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. This website does not include all card companies or all card offers available in the marketplace. Chase Ultimate Rewards points will not expire as long as you have an eligible Chase-branded credit card in good standing. Terms apply to American Express benefits and offers. Points earned with these cards are worth 1 cent each on average, but they can be moved to the Chase cards listed above for higher value (exception being the Ink Premier Card). 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. Terms apply. Input your monthly and yearly spend to find out which credit cards earn you the most rewards. Amazon's Shop With Points program allows you to use points from various rewards programs to pay for your purchases on the Amazon website. Here is a list of our partners and here's how we make money. A lower deductiblesuch as $250 or $500will mean higher auto insurance rates. If you frequently shop online, this will easily allow you to double and triple dip on rewards. READ OUR REVIEW of the Chase Sapphire Preferred Card. All Rights Reserved. 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. How Much Are Travel Points and Miles Worth in 2023? 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. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. Earn unlimited 2% cash rewards on purchases with no categories to track or quarterly activations 2 Input your monthly and yearly business expenses to find out which busines cards earn you the most rewards. Calculate the average dollar value of rewards points earned in popular programs worldwide. View our valuations of points and miles for popular programs worldwide. 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. That makes this the best program for anyone who frequently flies the airline. Value aside, Choice is also great for when you're visiting cities that are "off the beaten path". Top Picks + Credit Card Rewards Calculator, Top Picks + Business Credit Card Rewards Calculator. If you have a Chase Sapphire Preferred, Chase Sapphire Reserve, or Ink Business Preferred credit card, this will not be the best use of points since you can easily obtain higher value booking travel through Chase Ultimate Rewards or by transferring points to partners. 3 points per $1 spent on online grocery purchases (not including Target, Walmart and wholesale clubs). Learn More: Flying Blue Miles Value Calculator & Redemptions Options. The Chase Pay Yourself Back feature allows you to use points to offset purchases made to select Chase credit cards. The value you get out of transferring points will range from 0.6 to 2.1 cents in value per point on average. 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! The Business Green Rewards Card from American Express also earns Membership Rewards points. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards.. READ OUR REVIEW of the Ink Business Preferred Credit Card. Terms apply. Transferring your Citi ThankYou points to airline partners will typically offer the best value. 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. Some card offers that appear on this site are from companies from which this website receives compensation. Use this calculator to determine if a redemption is worth paying in Chase Ultimate Rewards points over paying in. Credit Card Combination Rewards Calculator Tool. You can use your points to cover card charges made to any of your Membership Rewards credit cards regardless of how the points were obtained. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. View the list of cash back credit cards and calculate how much you can earn based on the spend amounts you enter. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. All Chase Ultimate Rewards Points Calculators, Find Credit Cards Based On Your Business Expenses, Chase point transfers to airline partners, Booking travel through Chase Ultimate Rewards, Credit cards that earn Ultimate Rewards points, Best Chase Credit Cards + Rewards Calculator, Best Airline Credit Cards + Rewards Calculator, United Miles Value Calculator & Redemptions Options, Virgin Atlantic Points Value Calculator & Redemptions Options, British Airways Avios Value Calculator & Redemptions Options, 1-to-1 transfer partner of all major credit card rewards programs, Singapore KrisFlyer Miles Value Calculator & Redemptions Options, Flying Blue Miles Value Calculator & Redemptions Options, Best Hotel Credit Cards + Rewards Calculator, values Hyatt Points at a (generous) 1.8 cents each, Hyatt Points Value Calculator & Redemption Options, values Marriott Bonvoy Points at 0.7 cents, Marriott Bonvoy Points Value Calculator & Redemption Options, Chase Ink Business Preferred Credit Card, Calculate Chase Freedom points and card value, Calculate Chase Freedom Flex points and card value, Calculate Ink Business Cash points and card value, Calculate Ink Business Unlimited points and card value, Capital One Venture X Rewards Credit Card, Blue Cash Preferred Card from American Express, Gas Stations, Grocery Stores, and the card's Annual Fee, Chase Sapphire Preferred, Chase Freedom, Chase Freedom Flex, Freedom Unlimited, Ink Business Premier, Chase Ink Business Preferred and Ink Plus, Internet, cable, phone services, and shipping, Ink Business Cash Credit Card, Ink Business Unlimited Credit Card, Point transfers to airline and hotel partners, Chase Ultimate Rewards travel with other Chase-branded credit cards. 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. Chase Ultimate Rewards Points are worth between 0.6 and 2.1 cents on average. Here's the full breakdown on how much The Point Calculator values ThankYou Rewards points: 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 hotel redemption partner is Hyatt by a very large margin. They are meant to provide estimates and may not reflect the exact amount of rewards you will receive. 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. Chase Ultimate Rewards points can be transferred to 14 travel partners. 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. 5 points per $1 spent on all travel purchased through Chase Ultimate Rewards. 50,000 Chase points are worth $500 for cash back and gift cards, but can be worth anywhere from $500 to $1,000 or more when redeemed for travel. Most frequent flyer programs have at least a handful of sweet spots while others offer multiple routes for great to superb redemption value. Wondering how much your Citi ThankYou Points are worth? Before we breakdown the values based on redemption, one big thing to note about the Ultimate Rewards program is that you must have an eligible Chase Rewards credit card in order to transfer points to Chase's airline and hotel partners. Consumer credit cards with $500+ signup bonuses will generally have moderate spending requirements, with You can calculate the value of your Ultimate Rewards points by dividing the cost of your redemption by the cost in Ultimate Rewards points. Earn more than $500 in annual credits. 1. His work has been featured by The Associated Press, The Points Guy and Fast Company. When evaluating offers, please review the financial institutions Terms and Conditions. Calculate the average dollar value of Bank of America Travel Rewards and Premium Rewards points based on redemption. Use our Chase points calculator below to determine the value of any number of Chase Ultimate Rewards points to dollars. 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. Buying points and miles can be a great way to save money on travel, but how much does it actually cost? How much are Chase Ultimate Rewards points worth? Heres a quick look at all your redemption options with Scene+. When transferring Membership Rewards Points to American Express hotel partners, you can expect an average value of around 0.4 to 1 cent per point. It offers 20% off your first Ulta purchase made with the card, plus ongoing rewards of 2 points per $1 spent at Ulta. Some card offers that appear on this site are from companies from which this website receives compensation. Plus, cash back cards are offering higher and higher bonuses to compete with other rewards currencies even up to $500 or more. $1.75 trillion in total student loan debt (including federal and private loans) $28,950 owed per borrower on average. Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. They also have great deals on short-haul, one-way flights throughout the United States. Assigning Editor | Travel, SEO, Travel Loyalty Programs. Here's what you need to know to optimize your points Megan Lee joined the travel rewards team at NerdWallet with over 12 years of SEO, writing and content development experience, primarily in international education and nonprofit work. Sign-up bonus: 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! The value of 75,000 AMEX Points ranges from $375 to $750 when redeemed through American Express, but can be worth as much as $1,500 when transferred to a frequent flyer partner. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. Receive 1 cent in value with Fine Hotels & Resorts. 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. Chase points value when booking through the portal, Chase points value when transferring to partners, Credit cards that earn Chase Ultimate Rewards. View our valuations of points and miles for popular programs worldwide. Membership Rewards Points can be redeemed towards card charges for a value of 0.6 cents per point. each, depending on how theyre used and which card they were earned with. In the Chase travel portal, the Chase Ultimate Rewards points value depends entirely on which card you have or rather, which card is associated with the points youre using (if you have several cards). Citi point transfers to either program will not get you as much value as transferring to airline miles, but it's possible to get at least 1 cent in value with a little bit of research. And there isnt any wiggle room here; you cant search for deals that will yield more than 1.5 cents per point with a Chase Sapphire Reserve, for example. Silver Annual Spend: $1 to $499 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. Booking through the portal is pretty straightforward. Chase Sapphire Preferred points value: 1.25 cents through Chase Ultimate Rewards, 1 to 1.25 cents for Pay Yourself Back, and 1 cent for cash back. 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. Most of these cards have no annual fee, so I highly suggest pairing them with Chase's travel cards. Keep up with your favorite financial topics on NerdWallet. Learn More: Best Hotel Credit Cards + Rewards Calculator. Citi ThankYou Points can be used to book travel through the ThankYou Rewards portal. Your points will be worth anywhere from 0.5 cents to 1 cent depending on which ThankYou Point-earning card you're using to redeem them. That card offers the same 5% in rotating categories and 1% elsewhere, but not the bonus rewards on travel, dining and drugstores. This would be a Terms apply. The table below shows how the value increases as you earn more points throughout the year. So much, in fact, that its hard to pin down a specific value across all of Chases transfer partners. I was credited 35% of my points back exactly one month later as a Business Platinum cardholder. 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. One particular sweet spot in the program is booking Delta One flights through the Virgin Atlantic UK website (availability does not show on US site from US destinations). About These Calculators: These calculators are provided to help you estimate the value of points and miles, the calculations of rewards earned with credit cards, and the transfer of rewards between programs. You'll get the highest value when aiming for premium, First, and Business class cabins. This website does not include all card companies or all card offers available in the marketplace. 30,000 Chase points are worth $300 for cash back and gift cards, but can be worth anywhere from $300 to $600 or more when redeemed for travel. The Singapore Airlines KrisFlyer program has a lot of sweet spots, but their most sought after product is their premium in-air suites. 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. Be sure to read the terms and conditions of credit cards and rewards programs before applying/signing up as benefit and perk changes may not be reflected immediately on this website. Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Theres lots of wiggle room here. Ink Business Preferred points value: 1.25 cents through Chase Ultimate Rewards and using Pay Yourself Back, and 1 cent for cash back. 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. READ OUR REVIEW of the Chase Freedom Unlimited. About These Calculators: These calculators are provided to help you estimate the value of points and miles, the calculations of rewards earned with credit cards, and the transfer of rewards between programs. This will give your points 1 to 1.5 cents in value based on which Chase-branded credit card you use.
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