What are the best ways to redeem Chase Ultimate Rewards points?

Question

I have 80,000 Chase points from my Sapphire Preferred. What are my redemption options?

CardCompare Expert · Accepted Answer

Ranked by value: (1) **Transfer to Hyatt** (best hotel value, 1.5-3 cpp). (2) **Transfer to United** (great for domestic flights, 1.3-2 cpp). (3) **Transfer to Southwest** (good for companion pass holders). (4) **Book through Chase Travel Portal** (1.25 cpp with CSP, 1.5 cpp with CSR). (5) **Pay Yourself Back** (1.25 cpp on dining/grocery). (6) **Statement credit** (1 cpp — worst option). Your 80K points = $800 cash back OR a $1,200+ Hyatt stay. Always check transfer partner options before settling for cash back!