This is post #11 of a series regarding the Chase Ultimate Rewards program.
- Introduction to Chase Ultimate Rewards Program
- Maximizing Chase Ultimate Rewards with Chase Freedom
- Maximizing your Chase Freedom, Chase Sapphire, Chase Ink Classic, and Chase Ink Cash Points
- Downgrading your Chase Ultimate Rewards Card to Avoid the Annual Fee
- Best Redemption for Chase Ultimate Reward Points – Hotel Stays
- Best Redemption for Chase Ultimate Reward Points – Air Travel
- Chase Sapphire Preferred vs. Chase Sapphire
- Chase Ultimate Rewards: Sapphire Preferred vs. Ink Bold
- Comparison of Four Chase Ink Ultimate Rewards Credit Cards
- Difference Between the Chase Ink Bold and Chase Ink Plus
- Top 10 Chase Ultimate Reward Questions
Over the past month or so, I’ve gone through an entire series on the Chase Ultimate Rewards program. This program has received much publicity over the past year and it is definitely a top program for flexible travel. So with these posts, I’ve received MANY comments and questions that I think would be great to broadcast for all my readers. Here you go!
Question 1: I recently (less than a week ago) got approved for a Sapphire Preferred and Ink Bold card. So I am hoping to get the full UR points after I fulfill spending requirements in given time. Since 50k UR points can be used for booking air-ticket worth $625, my Q is, Can I use 100k points to book an air ticket worth $1250??
Answer 1: Yes, you are absolutely able to combine your points into one account and then redeem the entire 100k. While all the points do not get clumped into the same bucket, you are able to easily transfer points from one account to another – for free.
Question 2: Any tips for getting BOTH the Ink and Sapphire Preferred at the same time? Is there a two browser trick?
Answer 2: Unlike the Citi American Airlines credit card, there is no two browser trip. You can absolutely apply for both card, but be prepared to initially get declined for the 2nd one you apply for. Chase has gotten strict recently about the amount of Chase applications in a short time period. However, a quick call to the reconciliation department and having them transfer some lines of credit around will probably work and get you approved for the 2nd applied card.
Question 3: If you book a hotel with UR Points, do you get your hotel program points for the cost of the stay? What about credit toward status?
Answer 3: Absolutely! When using your Ultimate Rewards points it is as if you paid with cash. Thus, you get your points, credit towards status, and any perks you get if you have status with the airline/hotel.
Question 4: Are transferred UR points to Southwest Rapid Rewards good toward the companion pass?
Answer 4: Southwest is a relatively a new loyalty partner to the Chase Ultimate Rewards program, but unfortunately if transferred over, they do not count towards companion pass status. They do, however, count when transferring from the Marriott Rewards partner program. Therefore, a roundabout way to get them to count is to transfer your Ultimate Reward points to Marriott Rewards and then to Southwest. Keep in mind though, while Ultimate Rewards transfer to Marriott at a 1:1 rate, when transferring from Marriott to Southwest you do not get the best conversion rate, thus losing some of your points. This can be valuable though if you need to top off your account for the companion pass.
Question 5: Is it possible to transfer points from my wife’s Ultimate Rewards account to my Ultimate Rewards account? She doesn’t have the Sapphire Preferred card yet and wants me to manage all points for us both.
Answer 5: Yes, you can transfer points from anyways account to your account. This is not limited to only family members or those with the same address – it is available to anyone! So, as mentioned in this blog post, you can transfer your UR points to anyways account and then transfer those points to their loyalty program. This is a way to maximize your Chase Freedom points and not pay an annual fee.
Question 6: Do miles transferred from Freedom get the Sapphire 7% bonus?
Answer 6: Technically no, but many have reported being able to get the 7% bonus on those transferred points. This is definitely a “your miles will vary” situation.
Question 7: If you combine your Freedom points with the Sapphire points do you need to use them prior to canceling the sapphire card when the annual fees comes due? Or can you transfer any remaining points back to the freedom pot? Can they go back and forth?
Answer 7: Since all points earned remain in their own individual account, if you cancel a card you must use the points or transfer the points to a card’s account that is not being cancelled. So in this example, you must transfer your Chase Sapphire Preferred account to your Chase Freedom account. All your points will then be linked to your Chase Freedom card and you will not be able to transfer those points to partner loyalty program. However, through a roundabout way (which I’ve described many times) you can then transfer those Chase Freedom points (when you are ready) to a friend/family members Chase Sapphire Preferred account and have them transfer the points to a partner loyalty program in your name.
Question 8: When I signed up for Freedom 2-3 years ago, I did not receive any sign up points. Do you think if I call them they will give me points or is that a waste of time?
Answer 8: While there is no definite answer to this, it is absolutely worth calling and finding out. Typically Chase will match a new offer bonus within 90 days of applying for your card. What you will probably have to do is re-apply for the card to receive the bonus points since you never received any the first time.
Question 9: How exactly does the “Chase Exclusives” program work for the Chase Freedom card.
Answer 9: The “Chase Exclusives” is a great way to earn extra points that is not talked about too often. You must have the Chase Freedom card and a Chase checking account. There are two bonuses:
- 10% extra points on Chase Freedom card purchases – For example, a $100 purchase will actually net you 110 points. If this purchase was part of one of the quarterly bonus categories you would earn 510 points (you will not earn a 10% bonus on the 5% bonus – no double dipping!)
- 10 bonus points on every purchase – Every time your Chase Freedom card is swiped, you will earn 10 bonus points. For example, 10 five cent purchases will earn you 50 bonus points while 1 $100 purchase will earn you 10 bonus points – moral of the story… split up your purchase into multiple transactions!
It will take a month or two to “kick in” automatically once you have both accounts (Chase Freedom and Chase Checking). However, if you call Chase they should be able to manually credit the points to your account prior to it fully linking to the exclusives program.
Question 10: Does it make more sense to transfer points to an airline program for redemption or book travel through ultimate rewards?
Answer 10: It really depends on your travel desires, however, typically the best redemption value will come from transferring your points to Hyatt, United, or British Airways. You can learn more about my take on the redemption values for airlines here and hotels here.
Now, here are all the cards that can earn you Ultimate Reward points
- Chase Sapphire Preferred application - 40,000 points after $3,000 spend in 3 months plus an additional 5,000 points when adding an authorized user and the user makes a purchase within the first 3 months from account opening; $95 annual fee waived the first year.
- Chase Sapphire application – 10,000 bonus points with $500 spend in 3 months; no annual fee
- Chase Ink Bold application – 50,000 bonus points after spending $5,000 in the first 3 months; $95 annual fee waived for the first year
- Chase Ink Classic application – 20,000 bonus points after spending $3,000 in the first 3 months; no annual fee
- Chase Ink Cash application - 20,000 bonus points after spending $3,000 in the first 3 months; no annual fee
- Chase Ink Plus application – 50,000 bonus points after spending $5,000 in the first 3 months; $95 annual fee waived for the first year
- Chase Freedom Visa application – 20,000 bonus points with $500 spend in 3 months; no annual fee
Disclosure: This post contains affiliate links where I get paid commission if you apply and get approved for a credit card. I will only list the best credit card offers as my goal is for you to travel for free! As always, your support is much appreciated!