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There are many reasons Chase Ultimate Rewards points are among the most popular transferable rewards currencies. With travel costs increasing, redeeming points, specifically for hotel stays, can save you serious cash.
TPG values Chase points at 2.05 cents each as of May 2026, and you can often get at least this much — if not more — out of your points by booking hotels through one of the program's transfer partners or the Chase Travel℠ portal.
Here, we'll cover tips and tricks to help you maximize your Chase points on a hotel stay.
Chase Sapphire Reserve® — Earn 150,000 bonus points after spending $6,000 on purchases in the first three months from account opening (see rates and fees).
You can transfer your Ultimate Rewards points on a 1:1 basis to Chase's three hotel partners, allowing you to redeem points for hotel stays through these programs:
To redeem Chase Ultimate Rewards points through these partners, all you have to do is enter your loyalty program information into your Chase Ultimate Rewards account via the "transfer points to partners" tab and transfer the points you need in 1,000-point increments (with a minimum of 1,000 points).
Transfers are usually instant, allowing you to book your hotel stay with points almost immediately.
You can also book virtually any hotel worldwide using Ultimate Rewards points through the Chase Travel portal.
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Chase's secret weapon for maximizing rewards is the lucrative World of Hyatt loyalty program. While most advice about redeeming flexible points for maximum value centers around airline transfer partners, Hyatt's award chart is a compelling exception. Despite a recent mild devaluation and five new pricing tiers, you'll find sweet-spot redemptions in each category of property, with award rates starting at just 3,000 points per night for Category 1 properties.
Category 8 hotels can be a great option for Chase Hyatt redemptions, where you can find rates in the "Lowest" and "Low" pricing tiers for 35,000 and 45,000 points per night. When cash rates approach $1,000 at luxury properties, this can be a smart redemption.
You can also redeem Hyatt points at all-inclusive resorts, which follow a separate award chart. For example, "Lowest" rates for a night for two guests at a Category A property would set you back only 12,000 points.
 
 
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Finally, it's worth considering the Mr & Mrs Smith boutique hotels and Under Canvas glamping properties, which have now been integrated into the World of Hyatt program, though these don't offer as much value for your points. Instead of using Hyatt's award chart, Mr & Mrs Smith properties are dynamically priced and cannot be booked with free night certificates. Still, there may be some worthwhile redemptions, especially if you have your eye on an ultraluxurious property that would be out of reach with cash.
Related: Best Hyatt hotels in the world
Unfortunately, not all of Chase's hotel partners are as useful for redeeming Ultimate Rewards points.
Marriott Bonvoy's dynamic pricing model means there are no limits to how many points a hotel can cost. In fact, six-figure redemptions are not uncommon.
So, should you ever transfer Chase points to Marriott Bonvoy? Here are a few scenarios where it might make sense:
Related: Ways to maximize Marriott Bonvoy award night redemptions
For all the reasons that transferring Ultimate Rewards points to Marriott typically won't maximize your Chase points, transferring to the IHG One Rewards program can provide even less value. IHG's award pricing is even more inflated than Marriott's, meaning the same number of points won't get you as far.
Like Marriott, IHG One Rewards doesn't publish a full award chart. To check award rates, search for your dates and see how many points you need.
However, you may find value in transferring Chase points to IHG to keep your IHG points from expiring or if you're just short of a redemption, especially if you have access to the fourth-night-free perk provided by select IHG credit cards. Otherwise, it's almost always a bad idea.
Related: IHG elite status: What it is and how to earn it
If you're a free-agent traveler and not loyal to a single hotel chain, you might find the best use of your Chase points is through the Chase Travel portal. This allows you to redeem Chase Ultimate Rewards points for many independent hotels that would otherwise not be bookable with points.
Instead of paying with cash for your hotel stay, you'll have the option to pay with points at a rate that varies depending on which card you hold. (Note that these rates have changed with the introduction of Chase's Points Boost.)
Alternatively, you can book paid stays through the Chase Travel portal and earn bonus rewards on those purchases. The Chase Sapphire Reserve and Reserve for Business earn 8 points per dollar spent on hotels purchased through Chase Travel, while the Chase Sapphire Preferred, the Chase Freedom Flex and the Chase Freedom Unlimited earn 5 points per dollar (or 5% cash back). This would also allow you to take advantage of the Sapphire Preferred's annual $50 hotel credit, which is valid only on Chase Travel bookings.
Keep in mind that since Chase Travel is a third-party online travel agency, you generally won't earn hotel points or elite night credits on these bookings or be able to access any elite status benefits you may have. The exception is The Edit by Chase Travel, which allows you to double-dip with the hotel's loyalty program at some properties.
You can earn Ultimate Rewards points by spending on select Chase credit cards. Here are the cards that earn Ultimate Rewards points, along with their current welcome bonuses:
The above Ultimate Rewards-earning options are great all-around travel credit cards, offering no foreign transaction fees, travel insurance and a variety of other travel perks.
The following four cards are technically cash-back credit cards. However, if you have an Ultimate Rewards-earning card, you can effectively convert your cash-back rewards into Ultimate Rewards points. For this reason, it can make sense to have more than one Chase card to maximize your earning and redeeming potential.
Even better? None of these cards charge annual fees.
One of the best uses of Chase Ultimate Rewards points is transferring them to Hyatt and redeeming them at low-category or high-end hotels.
But with Chase's Points Boost benefit, you can also get solid value when redeeming points through the Chase Travel portal, depending on the redemption.
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