Points valuation

What are Chase Ultimate Rewards points worth?

About 1.8¢ per point at a typical redemption — though the real value swings with how you use them.

Floor

1.4¢

Median

1.8¢

Ceiling

2.1¢

low confidence · updated 6/14/2026 · triangulated from TPG, NerdWallet & Frequent Miler

Have Chase Ultimate Rewards points and a trip in mind? See exactly how far they'll get you.

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