[Ends Tonight] Transfer Chase Ultimate Rewards Points Into Marriott Points And Get A 70% Bonus; Transfer Chase Points To Alaska Or JAL?

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Update: This transfer bonus ends today!

Originally posted on 8/1:

Transfer Chase Ultimate Rewards Points Into Marriott Points And Get A 70% Bonus

Chase points normally transfer into Marriott points at a 1K:1K ratio, but until 8/14 you can get 1,700 Marriott points for every 1,000 Chase points.

Transferring points will also extend the 24 month expiration date from the date of your last qualifying activity.

That’s much higher than the previous 40% and 50% bonuses, but it’s still not a particularly good deal. I’d value Marriott points at about 0.6 cents each, so with typical usage you would only get a value of 1.02 cents per Chase point. You can do much better with other transfer or redemption options. You can often buy Marriott points with a promo here that will make more sense than a transfer.

However, If you need some Marriott points for a niche lucrative hotel redemption then it can make sense to transfer or purchase points.

For example, 5 nights at The Al Maha Dubai Resort, which has villas with private pools as their base room, all meals (even kosher meals!) included and 2 daily desert adventure activities included, can be had from 352K points instead of $5,760, a value of 1.64 cents per point:

5 nights at Zadún, a Ritz-Carlton Reserve which has villas with private pools as their base room and has meat and dairy gourmet kosher kitchens under Chabad hashgocha on-site, can be had from 480K points. In January high season, a room that’s 572K points instead of $9,792, a value of 1.71 cents per point:

5 nights at The S. Regis Bora Bora Resort which has villas with private pools as their base room, can be had from 428K points instead of $7,930, a value of 1.85 cents per point:

If you transfer Marriott points into airline miles at 60K increments you get a 25% bonus, so it can also make sense to transfer if you need a few points to hit a 60K increment.

60K Marriott points converts into 20-25K airline miles or 30K United miles, so it probably won’t be worth transferring Chase points just to transfer to an airline as it would take 35,295 Chase points to get 60K Marriott points with this transfer bonus. That is unless you really want miles with a Marriott partner like Aegean, Alaska, ANA, Copa, Etihad, Hawaiian, JAL, Korean, LATAM, Qantas, or Turkish that don’t transfer directly from Chase and you’re willing to accept a 35.3K:25K transfer ratio, or about .71 airline miles per Chase point.

I suppose with Alaska short-haul awards for just 4.5K points in coach or 9K in business it can make sense though? That would be like redeeming about 6.35K or 12.7K Chase points for an award like NYC to Cleveland, Detroit, Montreal, Pittsburgh, or Toronto, or Newark or Philadelphia to Chicago:

You can make the same argument for transfers to JAL. Read this post for more about using those miles for travel on AA or Alaska.

• Chase Sapphire Preferred® Card has a 60K signup bonus for spending $4K in 3 months, earns 2.1 points per dollar on travel after the card's 10% anniversary bonus, 3.1 points per dollar on dining, streaming, and online groceries after the card's 10% anniversary bonus, has a $50 hotel credit, can transfer all Chase points into miles, and points are worth at least 1.25 cents each for paid travel ($95 annual fee). Read more here.
• Chase Sapphire Reserve® has a 60K signup bonus for spending $4K in 3 months, earns 3 points per dollar on dining/travel, has a $300 travel credit, can transfer all Chase points into miles, and points are worth at least 1.5 cents each for paid travel ($550 annual fee with $300 travel credit). Read more here.
• Ink Business Preferred® Credit Card has a 90K signup bonus for spending $8K in 3 months, and earns 3 points per dollar on up to $150K of annual spending on shipping, advertising, and travel, can transfer all Chase points into miles, and points are worth at least 1.25 cents each for paid travel ($95 annual fee). Read more here.

• Ink Business Unlimited® Credit Card has a $750 signup bonus in the form of 75K points for spending $6K in 3 months, and earns 1.5 points per dollar on business purchases ($0 annual fee). Read more here.
• Ink Business Cash® Credit Card has a $350 signup bonus in the form of 35K points for spending $3K in 3 months and another $400 signup bonus in the form of 40K bonus points for spending another $3K in 6 months for a total of 75,000 Chase Ultimate points, plus if you have a Chase business checking account open on the card's first anniversary you will get a 10% points bonus on all earnings from card spending, this card earns 5 points per dollar on the first $25,000 in combined purchases on cable, TV, telecom, cellular, and office supply stores, plus 2 points per dollar on dining and gas on up to $25,000 in purchases ($0 annual fee). Read more here.
• Chase Freedom Flex has a 20K signup bonus, plus 5 points on rotating categories, 5 points per dollar on travel purchased through Chase Travel, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.
• Chase Freedom Unlimited® has a signup bonus that earns an extra 1.5% cash back in the form of 1.5 points per dollar everywhere on up to $20K of spending during your first year, on top of at least 1.5 points per dollar everywhere, 5 points per dollar (marketed as 5% cash back) on travel purchased through  Chase Travel℠, and 3 points per dollar on dining and drugstores ($0 annual fee). Read more here.

Will you transfer any points to Marriott with this promo?

HT: Eluzer K.