Chase Ultimate Rewards has just launched its latest transfer bonus, which matches an offer we saw earlier this year, I wouldn’t consider this to be the most exciting offer on earth, though there is potentially value to be had.
For what it’s worth, I value Bonvoy points at ~0.7 cents each, while I value Chase Ultimate Rewards points at ~1.7 cents each. So unless you’re getting well over two Bonvoy points per Ultimate Rewards point, you’re probably not really maximizing your points.
With a 70% bonus, you’re getting ~1.2 cents of value per Ultimate Rewards point, at least by my valuation. That’s not a terrible deal, but it’s also not great, and not how I’d prefer to redeem my points. Then again, that’s intended to be a conservative valuation, and it’s easy to get way more value out of points than that.
A great solo travel tip spotted this week on One Mile at a Time.
