Chase Ultimate Rewards: every airline and hotel partner, the ratio, and where Chase points go furthest right now.
As of November 1, 2026, Chase Ultimate Rewards transfers to 10 airlines and 4 hotel programs. Most partners transfer at 1:1; exceptions include World of Hyatt (lower on some cards). The best-known ways to use Chase points: ANA business/first to Japan via Virgin Atlantic, Aeroplan partner business to Europe (East Coast) and Aeroplan stopover on one-way awards.
Award prices that beat the cash fare by a wide margin, booked through partners Chase transfers to.
Base ratios without temporary bonuses. Green means you get more miles than the points you send.
| Partner | Ratio | Transfer time |
|---|---|---|
| Aer Lingus AerClub (Avios) | 1:1 | instant |
| Air Canada Aeroplan | 1:1 | instant |
| Air France-KLM Flying Blue | 1:1 | instant |
| British Airways Club (Avios)Chase page still calls it 'British Airways Executive Club'. | 1:1 | instant |
| Iberia Plus / Iberia Club (Avios) | 1:1 | instant |
| JetBlue TrueBlue | 1:1 | instant |
| Singapore Airlines KrisFlyerTypically ~1 day. | 1:1 | 1-2 days |
| Southwest Rapid Rewards | 1:1 | instant |
| United MileagePlus | 1:1 | instant |
| Virgin Atlantic Flying Club | 1:1 | instant |
| Partner | Ratio | Transfer time |
|---|---|---|
| IHG One Rewards | 1:1 | <24 hours |
| Marriott Bonvoy | 1:1 | 1-2 days |
| World of HyattRatio depends on card. 1:1 for Sapphire Reserve and Sapphire Reserve for Business. 4:3 (1,000 UR = 750 Hyatt) for Sapphire Preferred and Ink Business Preferred: new CSP accounts from 2026-06-15, all CSP/IBP accounts from 2026-10-01. If an agent does not know the user's card, assume 4:3. Other cards: 0 4:3. | 1:1 | instant |
| Wyndham Rewards | 1:1 | Varies |
Chase Ultimate Rewards transfers to 10 airlines (Aer Lingus AerClub (Avios) 1:1, Air Canada Aeroplan 1:1, Air France-KLM Flying Blue 1:1, British Airways Club (Avios) 1:1, Iberia Plus / Iberia Club (Avios) 1:1, JetBlue TrueBlue 1:1, Singapore Airlines KrisFlyer 1:1, Southwest Rapid Rewards 1:1, United MileagePlus 1:1 and Virgin Atlantic Flying Club 1:1) and 4 hotel programs (IHG One Rewards 1:1, Marriott Bonvoy 1:1, World of Hyatt 1:1 and Wyndham Rewards 1:1). Ratios checked November 1, 2026.
Transfer to an airline partner for a premium-cabin award, where points are often worth 2 cents or more. Well-known options: ANA business/first to Japan via Virgin Atlantic (Business 52,500 (West Coast) / 60,000 (Central & East) one-way), Aeroplan partner business to Europe (East Coast) (60,000 one-way (75,000 for 4,001-6,000 mi, e.g. West Coast/Midwest)) and Aeroplan stopover on one-way awards (+5,000 points). Always confirm award space before transferring; transfers can't be undone.
Cashing out usually gets about 0.6 to 1.1 cents per point. A good transfer redemption gets about 1.25 to 1.75 cents, and premium-cabin sweet spots can reach 2 to 5 cents. Compare against the cash fare you would actually pay.
Most Chase transfers are instant or arrive within a day or two, but some partners take longer. Check the partner list above, and only transfer once you've confirmed the award seat is bookable.
Tell Points or Cash your balance and the trip. It finds the partner that gets you there for the fewest points.
Sources: https://www.chase.com/sapphire-cards/personal/preferred · https://www.chase.com/sapphire-cards/personal/reserve · https://awardwallet.com/mile-transfer-times?program=Chase · https://thepointsguy.com/news/chase-hyatt-transfer-ratio-change/ · https://frequentmiler.com/chase-slashes-hyatt-transfer-ratio-to-43/