The Chase Ultimate Rewards program offers direct points transfers to the following hotels:
- The Ritz-Carlton
You can also get Gift Cards for the following hotels:
- Best Western
- Fairmont Hotels & Resorts
- Marriott (TravelCard)
- The Ritz-Carlton (TravelCard)
By transferring rewards points to your account with either Hyatt, Marriott or Ritz-Carlton you will get a 1:1 transfer. When redeeming hotel stays with your rewards points, you gain no points for the stay itself.
If you were to buy a hotel night, you earn points for your stay, but when you use points you gain nothing.
When redeeming rewards points for gift cards, its as if you are using cash and will earn you rewards for your stay. For instance, my wife and I stayed 6 nights at a Best Western in Washington and used 65,000 Ultimate Rewards points for $650 in gift cards. Our cost for the 6 nights came out to $95 and we also earned 7,660 points, almost enough for a free hotel stay at another Best Western.
We didn’t really use our own money to earn those 7,660 Best Western points, which is enough points for a $25 gift card, redeemable through Best Western. They have multiple gift card redemption possibilities such as an AMC, Amazon, iTunes, Target, Walmart or even a Best Buy card.
Remember this $25 card is basically free to us since we didn’t really use our own money to stay at the Best Western.