70,000 Chase Ultimate Rewards Points: Value in 2023 (2024)
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70,000 Ultimate Rewards points are worth an average of $721, according to WalletHub data. You get the best value when redeeming Ultimate Rewards points for travel booked through Chase, though there are a few other redemption options to choose from.
70,000 reward points are worth around $700 , on average, but the exact value depends on which rewards program is offering the points and how you redeem them. In some cases, your reward points could be worth a lot more or a lot less.
The Chase Sapphire Preferred® Card and Ink Business Preferred® Credit Card increase your potential redemption rate to 1.25 cents per point when redeemed for travel through Chase's travel booking engine. In this capacity, 80,000 points are worth $1,000 without blackout dates or restrictions.
If you've got a stash of 75,000 Chase Ultimate Rewards points, there are many ways to use them. If you redeemed those points through Chase Travel, you'd get $937.50 in value with the Chase Sapphire Preferred card (1.25 cents per point) or $1,125 in value with the Chase Sapphire Reserve card (1.5 cents per point.)
No, your Chase Ultimate Rewards® points do not expire — as long as you keep your credit card account open. However, if you close your card account before redeeming or transferring your rewards, you'll no longer have those points.
How much are 100,000 Chase points worth? When redeemed for cash back, 100,000 Chase points are worth $1,000. When redeemed for travel booked through Chase, 100,000 points are worth $1,500 if you have the Chase Sapphire Reserve®, or $1,250 with the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card.
The last time the Chase Sapphire Reserve® offered an elevated bonus was in October 2022, when the welcome offer was 80,000 points. The Preferred also had an 80,000-point bonus over a year ago in April 2023. If you've been considering getting either Sapphire card, now is as good a time as any.
Bottom Line. You'll get the most value from the Chase Ink Plus 70,000 point increased-sign up bonus by transferring them to airline and hotel partners. Depending on which partner you transfer to and how you choose to use the points, you could get over $7,000 in travel – just from 1 credit card!
Two of the most popular travel rewards credit cards, Chase Sapphire Preferred® and Chase Sapphire Reserve®, just bumped their welcome bonus from 60,000 to 75,000 points. This makes the bonus worth $750 in cold cash—even more if you redeem the points for travel.
How much are 100,000 Chase points worth? When redeemed for cash back, 100,000 Chase points are worth $1,000. When redeemed for travel booked through Chase, 100,000 points are worth $1,500 if you have the Chase Sapphire Reserve®, or $1,250 with the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card.
80,000 American Express points are worth about $536, depending on which American Express credit card you have and what you spend the points on. You will get the best value for your American Express points when you redeem them for Travel, but there are multiple redemption options.
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