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One of the most popular uses of transferable points currencies is redeeming them as cash towards the cost of a travel purchase. While you can transfer Amex Membership Rewards, Chase Ultimate Rewards, and Citi ThankYou points to airline transfer partners, the catch is that this often requires dealing with blackout dates, and the other complications that come with redeeming miles. For those of us who are in the know that can translate to outsized value, while for a vast majority of people it may not be worth the trouble.
That’s the benefit of just being able to redeem points towards the cost of a travel purchase. Arguably the best currency for redeeming points towards a travel purchase is Chase Ultimate Rewards. The value you get per point varies based on the most premium card you have:
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