Is your Chase Ultimate Rewards award a good deal?

The same booking, paid in cash.

What the award costs.

Cash still due on the award.

Fair deal

1.96¢each

2% less than the usual 2¢. The award saves $450; at the usual value the points are worth $460, so paying cash comes out $10.00 ahead.

Under 1.8¢ each is a poor deal and 2.4¢ or more a great one.
Great deal at up to
18,750
Breaks even at
22,500
Poor deal above
25,000

Set against a typical redemption value of 2 US cents each: 20% or more above it is a great deal, more than 10% below it a poor one.

Is your Chase Ultimate Rewards award a good deal? by Points Frog ↗ · An educational estimate, not financial advice.