20 Best Ways to Earn Lots of Chase Ultimate Rewards Points

BY 

Christine Krzyszton

- November 30, 2018January 6, 2019

1. Earn Points  / 
2. Earn Flexible Points

Full Disclosure: We may be compensated when you click on links to credit card products from our advertising partners, such as American Express, Chase & Barclays. Opinions on this site are ours alone, and have not been reviewed or approved by the issuer. See our Advertiser Disclosure for more details. Thanks!

18

Next Article Ryanair Boarding Process — Everything You Need to Know

Chase Ultimate Rewards points rival American Express Membership Rewards Points as the “holy grail” of credit card rewards.

This is evidenced by the fact that Ultimate Rewards points offer everything you’d want from a rewards currency, including the ability to earn a lot of points without limits and the option to select from a wide variety of flexible redemption options.

Chase issues a powerful collection of 7 credit cards that earn Ultimate Rewards points, so there’s a card (or combination of cards) for every spending profile, whether personal or business.

In fact, you may need a primer on just how many ways you can earn Ultimate Rewards points. So in this article, we’ll cover:

• Why you’d want to earn Ultimate Rewards points
• Which personal and business Chase credit cards earn Ultimate Rewards points
• All of the ways you can earn Ultimate Rewards points

Let’s get started!

Why Ultimate Rewards Points?

There are several types of reward currencies you can earn on credit cards, but the most valuable are those that have flexible redemption options and are relatively easy to earn.

Ultimate Rewards points are valuable because they have both of those key characteristics.

Flexibility of Ultimate Rewards

Flexible redemption options for your Ultimate Rewards points result in rewards that you can actually use!

• Redeem rewards at any time, with no minimum or maximum redemption amount per transaction
• Transfer rewards to the loyalty programs of Chase’s travel partners
• Transfer rewards between business and personal Ultimate Rewards accounts
• Use a combination of points and cash for travel purchases
• Have the option to redeem points for cash, gift cards, and more

Ease of Earning Ultimate Rewards

It’s easy to earn Ultimate Rewards points on your purchases when the mix of your spending matches up with the reward-earning categories on your Chase credit card.

• Every purchase made earns Ultimate Rewards points
• Bonus category purchases earn up to 5X rewards
• Generous sign-up bonuses jumpstart your earnings
• Earn up to 20X Ultimate Rewards through the Chase shopping portal

With all the ways available to earn Ultimate Rewards, you just may need some assistance sorting through all of the options.

Let’s take a look at which Chase credit cards earn Ultimate Rewards points and the multitude of ways to earn them.

Bottom Line: Earning a lot of valuable Ultimate Rewards points creates an asset that can be used to fund a family vacation, offset business expenses, or redeem for immediate cash in an emergency.

Personal Credit Cards That Earn Ultimate Rewards

There are 4 personal Chase credit cards that earn Ultimate Rewards. Each one has features, benefits, and earning structures that reward specific spending patterns.

CHASE CARD	BENEFITS & INFO
Chase Sapphire Preferred® Card How We Get $1k+ Value From Just 60k Pts >	Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months That's worth $625 toward travel when you redeem through Chase Ultimate Rewards. 2X points on travel and dining at restaurants worldwide. $0 foreign transaction fees Annual Fee: $0 the first year, then $95
Chase Freedom Unlimited®	Earn $150 bonus after you spend $500 on purchases in your first 3 months Unlimited 1.5% cash back on every purchase - it's automatic. 0% Intro APR for 15 months from account opening on purchases & balance transfers, then a variable APR of 17.24 - 25.99%. Annual Fee: $0
Chase Sapphire Reserve®	Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards® $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants. Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select Annual Fee: $450

Chase Freedom®

Like the Chase Freedom Unlimited® card, the no-annual-fee Chase Freedom® earns cash-back in the form of Ultimate Rewards points that can be redeemed for cash-back.

Where the Chase Freedom® card differs is that every purchase earns 1% cash-back, and quarterly bonus categories earn 5% cash-back.

Each calendar quarter, a selection of bonus categories — such as department stores, restaurants, gas stations, wholesale clubs, and theaters (plus others) — will earn 5% cash-back on up to $1,500 in purchases.

Business Credit Cards That Earn Ultimate Rewards

If you have a business (small or large), there’s a Chase business credit card that will match up with your business spending mix to earn the most Ultimate Rewards points possible.

CHASE CARD	BENEFITS & INFO
Ink Business Preferred℠ Credit Card We Get $1,600+ of Value Using This Card >>	Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months That's $1,000 toward travel when you redeem through Chase Ultimate Rewards® Earn 3 points per $1 on the first $150,000 spent in combined purchases in the following categories each account anniversary year: Travel, Shipping purchases, Internet, cable and phone services, Advertising purchases with social media sites and search engines. Get up to $600 per claim in Cell Phone Protection against covered theft or damage for you (and your employees listed on your monthly cell phone bill) when you pay it with your Chase Ink Business Preferred credit card. Annual Fee: $95
Ink Business Cash℠ Credit Card 21 Benefits This Card Offers Biz Owners >>	Earn $500 bonus cash-back after you spend $3,000 on purchases in the first 3 months Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services Earn 2% cash-back on the first $25,000 (combined) spent at gas stations and restaurants each year 0% introductory APR for 12 months on purchases and balance transfers, then a variable APR of 15.49% - 21.49% $0 Annual Fee
Are you a business owner? For more detail, see our Chase business credit cards article, or in-depth business credit card guide to make an ideal choice for your situation.

Ink Business Unlimited℠ Credit Card

Although the Ink Business Unlimited℠ Credit Card earns cash-back rewards, that cash-back is initially earned as Ultimate Rewards points that can be subsequently turned into cash-back.

With simplified earnings of 1.5% cash-back on every purchase, there’s no need to manage complicated bonus earning structures or register for quarterly bonus programs.

The Ink Business Unlimited℠ Credit Card with no annual fee serves as a simple yet effective vehicle for earning cash-back that goes directly to your business’ bottom line.

Additionally, you have the option to transfer Ultimate Rewards earned on your Ink Business Unlimited℠ Credit Card to a premium Chase credit card, such as the Chase Sapphire Reserve® or Chase Sapphire Preferred® Card.

You’ll then receive up to 50% more value when redeeming for travel in the Ultimate Rewards travel portal.

Bottom Line: With 3 Chase Ultimate Rewards-earning business credit cards to choose from, it’s easy to find one that matches your business spending patterns and earns the most rewards. 

Earn Lots of Chase Ultimate Rewards With Chase Personal Cards

There are plenty of ways to earn Ultimate Rewards with Chase personal credit cards. Whether your greatest spending is on travel, dining out, or shopping at wholesale clubs, you’re going to earn rewards on every purchase.

Let’s take a look at all the ways to earn Ultimate Rewards points with Chase personal credit cards.

Earn a Sign-up Bonus

The fastest way to earn plenty of Ultimate Rewards points is to sign up for a Chase credit card that earns Ultimate Rewards points, complete the initial spending requirement, and earn a welcome sign-up bonus.

All Chase credit cards that earn Ultimate Rewards points offer a welcome sign-up bonus, and some are occasionally quite generous. Although offers can differ, the bonus is generally earned after reaching an initial spending level in the first 90 days after you are approved for the card.

Purchase Travel

Fortunately Chase defines travel very broadly, so nearly any travel-related purchase you make will earn extra rewards.

The merchant code assigned by the credit card network will determine eligibility, but Chase lists the following examples of purchases that qualify as travel:

• Airlines
• Hotels and motels
• Timeshares
• Car rental agencies
• Cruise lines
• Travel agencies and discount travel sites
• Campgrounds
• Passenger trains
• Buses, limos, taxis, ferries
• Parking lots/garages
• Highway and bridge tolls

Let’s take a look at the earning power of making travel purchases with your personal Chase credit card.

While the Chase Sapphire Reserve® offers the highest rewards for travel purchases (and for redemption), it does come with a $450 annual fee.

The Chase Sapphire Preferred® Card offers a respectable 2 points per $1 spent on travel, has a lower $95 annual fee (which is waived the first year,) and still delivers 25% more value when redeeming points for travel on the Chase travel portal.

Bottom Line: If you have a premium Chase Ultimate Rewards-earning credit card, you can transfer Ultimate Rewards points to those accounts and redeem for greater value (up to 50% more) through the Chase travel portal. 

Use the Chase Travel Portal

While many use the Chase travel portal for redeeming their Ultimate Rewards points, you can also earn points by purchasing travel via the portal.

A convenient way to do this is to pay for a portion of your travel purchase with Ultimate Rewards Points and the remainder using your Chase credit card. You will earn the corresponding Ultimate Rewards points for the amount of travel charged on your card.

Buy Groceries

The Chase Freedom Unlimited® earns 1.5% cash-back on every purchase, making it a good choice for everyday purchases including groceries.

Dine Out

Dine out a lot? Several Chase credit cards earn elevated rewards on purchases made at restaurants.

Fill up the Tank

The Chase Freedom Unlimited® earns 1.5% cash-back on every purchase, including purchases made at gas stations.

Pay Your Household Bills

Since all Chase Ultimate Rewards credit cards earn rewards on every purchase, you’ll earn points for paying all of your household expenses.

Earn on Quarterly Bonus Spending Categories

The Chase Freedom® card has a unique earning structure, with quarterly bonus categories that earn 5% cash-back!

Each quarter there’s a different lineup of bonus category merchants. Previous bonus merchants have included department stores, restaurants, gas stations, wholesale clubs, and theaters. There is a limit of $1,500 in purchases per quarter that earn 5%.

Use the Chase Pay App

Chase Pay is a digital payment method that allows you to use your smartphone to make payments at checkout when making a purchase.

There are frequent promotions that allow you to earn bonus points for utilizing the Chase Pay App. For example, some promotions reward you for making a specific number of purchases in a limited period of time, or making purchases at selected merchants.

Currently available only for personal credit cards, Chase Pay doesn’t accept business credit cards, business debit cards, or Mastercard.

Earn Lots of Chase Ultimate Rewards Points With Chase Business Credit Cards

Pay for Travel Expenses

If your business involves a lot of travel, those expenses add up quickly. Earning Ultimate Rewards on those purchases delivers tremendous value back into your business — or can help fund that much-needed family vacation.

Hot Tip: The definition of “travel” for Chase purchases is the same for personal and for business credit cards.

Whether you’re purchasing an airline ticket, staying at an urban Airbnb, or taking a taxi across town, all your travel-related purchases earn 3 points per dollar spent on the Ink Business Preferred℠ Credit Card.

Earning Through the Chase Travel portal

Redeeming your Ultimate Rewards points through the Chase Travel portal with the Ink Business Preferred℠ Credit Card gives you 25% extra value. Additionally, you can purchase travel via the portal and earn 3 points per dollar spent.

The Ultimate Rewards travel portal also allows you to pay partially with points and the remainder with your Chase credit card.

Pay Other Business Expenses

Your business has a lot of different expenses that may or may not fall into a particular bonus-earning category. Selecting the business credit card that closely matches your largest expenses will ensure you’re earning maximum rewards.

Here’s a sample of how Chase business credit cards earn on common business expenses.

Hot Tip: If your business maximized the $150,000 limit for 3X earnings on the Ink Business Preferred℠ Credit Card, your business would realize $5,625 worth of travel when redeeming points through the Ultimate Rewards travel portal!

Purchase Gift Cards

Many Ultimate Rewards bonus category merchants (such as office supply stores and gas stations) sell gift cards you can purchase to use for non-bonus category spending.

For example, you can purchase grocery store, gas, hotel, and department store gift cards and receive the elevated 3%-5% bonus earning on the purchase.

Dine Out

All those restaurant business meetings, late night hotel dinners, and quick bites during your road trip could be earning Ultimate Rewards points too!

Use these business Chase Ultimate Rewards-earning credit cards for multiple rewards per dollar spent on dining.

Fill Up the Tank

The Ink Business Cash℠ Credit Card is your go-to card for gas purchases. If you’re a road warrior, know that you’ll be earning 2 points for every dollar spent at the pump.

Using the Ink Business Unlimited℠ Credit Card would also be a good option, as it earns 1.5% on every purchase (including gas)!

More Ways to Earn Ultimate Rewards on Chase Credit Cards

No matter which Chase Ultimate Rewards-earning credit card you have, you can earn multiple points per dollar spent on your card.

Go Shopping at the Chase Ultimate Rewards Shopping Portal

An excellent way to earn Ultimate Rewards points is to utilize the Ultimate Rewards shopping portal.

You can log in to the Ultimate Rewards shopping portal using your Chase account online password.

Click on “earn bonus points” at the top of the Ultimate Rewards home page, and you’ll see the shopping link.

Hot Tip: Earn big on dining out by purchasing Restaurant.com certificates through the Chase Ultimate Rewards shopping portal to earn up to 20 points per dollar spent or more during special promotions.

Everyday Purchases

Every purchase you make on your Ultimate Rewards-earning credit card earns points!

90-Day Second Chance Sign-up Offer

If you’ve signed up for a Chase credit card offer and you see a higher offer is now available, you can contact Chase and they may match that offer.

For example, say you were approved for a Chase credit card with a sign-up bonus of 50,000 Ultimate Rewards points, but you now see that a 60,000-point sign-up bonus offer is available.

You might be able to get that offer matched by Chase. Just call within 90 days after approval to see if they’ll consider granting the higher sign-up bonus offer.

Refer-a-friend for a Chase Credit Card

The Chase Refer-a-friend bonus is a great way to earn more Ultimate Rewards points without spending. If you have an Ultimate Rewards-earning Chase credit card, you can refer a friend to sign up — you’ll both receive a bonus once they’re approved and make a purchase!

Bonus amounts vary depending on the card and whether there is an existing offer available. There is also an annual limit as to how many points you can earn.

Add an Authorized User

Ultimate Reward bonuses for adding an authorized user to your credit card come and go.

You may receive a bonus offer for adding an authorized user once you’re approved for your new Chase credit card, or you can call the number on the back of your card to inquire if a bonus is available.

Everything Else You Need to Know

There is no set limit as to how many Chase credit cards you can have, but Chase does have a rule as to how many total credit cards they allow you to open within 24 months.

Hot Tip: Be sure to review the Chase 5/24 Rule before applying for any Chase credit card.

As Chase allows you to have only 1 Sapphire credit card, you’ll need to decide between the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®. Both cards are personal credit cards.

Final Thoughts

While there are plenty of ways to earn lots of valuable Ultimate Rewards points, the real fun starts at redemption time.

If you have one of the premium Chase credit cards such as the Ink Business Preferred℠ Credit Card, Chase Sapphire Preferred® Card, or Chase Sapphire Reserve®, you’ll receive 25%-50% more value when redeeming points on the Ultimate Rewards travel portal (depending on the card).

You’ll also experience enhanced value when you transfer Ultimate Rewards points to Chase’s travel partners.

For other ways to redeem your Ultimate Rewards Points for maximum value, check out our complete guide.

*Featured Image Credit: Shutterstock.com