What Is the Value of 75K Chase Ultimate Rewards Points?

The Chase Sapphire Preferred^® Card and the Chase Sapphire Reserve^® earn valuable Ultimate Rewards points. But what exactly are these points worth, and how can you redeem them to get the most value possible?

Take a seat, grab a coffee, and read on, as we will answer just that and show you some real-life redemption strategies to maximize the value of a pool of 75,000 points.

Our Valuation of Chase Ultimate Rewards Points

At Upgraded Points, we publish a monthly valuation of points and miles programs. Therefore, we estimate Chase Ultimate Rewards points to be worth 2 cents per point, so 75,000 Chase points are worth $1,500.

When looking at the cash-back redemption rate of these points at 1 cent per point, you might be wondering why our valuation is double that.

We’ve assigned a valuation of 2 cents per point to Chase Ultimate Rewards points because of how flexible these points are and the amount of value we know you can regularly get when making strategic use of the Chase transfer partners.

In fact, it is not uncommon for Upgraded Points team members and readers to book redemptions that eclipse 2 cents, 3 cents, and even greater than 4 cents per point. Let’s take a look at some redemptions now that can offer just that on the Chase Sapphire Preferred card and Chase Sapphire Reserve card.

Up to 9 Short-Haul Flights With American or Alaska

If you’ve booked a domestic flight recently, you might have noticed they are more expensive than ever. Even worse, many U.S. airlines have ditched award charts and switched to a dynamic pricing program that ties the number of points needed for a ticket to a cash price.

Fortunately, there are still ways to score outsized value on these flights, but you have to know where to look.

Take, for instance, the British Airways Executive Club program, a Oneworld partner of American Airlines and Alaska Airlines.

Since the British Airways program uses a distance-based partner award chart, flights will be priced based on the distance between the 2 cities you are flying between, and not the cash price of the ticket.

For flights up to 650 miles, you’ll need just 8,250 Avios for a one-way ticket in economy. Flights up to 650 miles include city pairs like New York to Charlotte, Chicago to Atlanta, San Francisco to San Diego and even international routes like Miami to Turks and Caicos.

At 8,250 Avios per one-way flight, 75,000 points would allow you to book up to 9 of these flights.

If you want to fly to a father destination, flights between 651-1,150 miles include New York City to Miami. They can be booked for just 11,000 Avios, allowing you to book up to 6 one-way (or 3 round-trip) flights.

Leveraging the loyalty program of the flagship carrier of the U.K. to book a flight with a U.S. airline between 2 U.S. cities might seem confusing. Even so, the process is actually quite simple once you get the hang of it, and the additional effort is worth it, given the number of points you’ll save on each booking.

2 Round-Trip Flights to Europe

If you’ve been dreaming of a European holiday, the 75,000 bonus points you’ll receive can be all that you need to get those flights booked for your next adventure.

Through the Air France/KLM Flying Blue program, a Chase transfer partner, you can score economy tickets from the U.S. to Paris or Amsterdam for as low as 30,000 Flying Blue miles round-trip.

This means 75,000 points could easily cover 2 round-trip tickets and leave points left over toward your hotel stay — or even to be saved toward your next trip.

Air France and KLM fly between Paris and Amsterdam and cities like Atlanta, Boston, Chicago, New York, and Washington D.C., giving you plenty of options for departure cities to fly out of.

5-Night Hyatt Hotel Stay

World of Hyatt is a fan-favorite in the points and miles community as it is one of the few remaining hotel chains to have an award chart and offer solid redemption value for your points.

Hyatt properties can cost as low as 3,500 points per night and as high as 45,000 points per night. There are many sweet spots to be had at Category 4 properties, which cost just 15,000 points on standard nights. At this rate, you’d be able to book a 5-night stay with 75,000 points.

Some great Category 4 Hyatt properties around the world include the Andaz Savannah, Andaz Mexico City Condes, and the Park Hyatt Mendoza, to name a few.

It is not uncommon for nights at many of these hotels to reach $300 to $400 per night, giving you 2 cents to 2.67 cents per Hyatt point on these redemptions.

Business Class Ticket to Asia

Whether you fly from the East Coast or the West Coast, a nonstop flight from the U.S. to Asia is sure to last anywhere from 12 to 15 hours, which is an awful long time to be scrunched up in economy.

But thanks to the 75,000 points, you can splurge on a business class ticket from the U.S. to many Asian cities, where you’ll enjoy a more comfortable cabin, better dining and a lie-flat bed so that you can actually get some sleep on this very long flight.

Thanks to the Air Canada Aeroplan program, a Chase transfer partner, you can book a one-way ticket in business class to cities like Taipei, Tokyo, Seoul, and more aboard many of its Star Alliance partners like Asiana Airlines, EVA Airways, and United Airlines.

Given that these tickets can often cost anywhere from $3,000 to $5,000, this can give you exceptional value for your points of anywhere from 4 cents to 6.7 cents per point.

$937 to $1,125 in Chase Travel Purchases

While this is far from the most valuable way to redeem your points, it is certainly the easiest way and the most flexible option.

By holding the Chase Sapphire Preferred card, you receive a 25% bonus in the value of your points (relative to cash-back redemptions) when redeeming your points through Chase Travel. This makes your Chase Ultimate Rewards points worth 1.25 cents per point.

With the Chase Sapphire Reserve card, you receive a 50% bonus in the value of your points. In other words, your Chase Ultimate Rewards points are worth 1.5 cents per point with this premium travel card.

In this case, the 75,000 points you earn would be worth $937.50 and $1,125, respectively, toward purchases through Chase Travel. Further, you can use these points toward a variety of travel purchases — think flights, hotels, rental cars, cruises, and more without needing to worry about locating award space.

Final Thoughts

These are just a few examples of how you can redeem your Chase points for maximum value.

Again, the reason we value Chase points so highly is because of their flexibility and access to the Chase transfer partners. Thanks to these transfer partners, 75,000 Chase Ultimate Rewards points can get you just about anywhere in the world that you’d like to go.

Given that, if you’ve been considering adding the Chase Sapphire Preferred card and Chase Sapphire Reserve card to your wallet, now is a great time to do so to take advantage of them.