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Not too long ago, Chase Ultimate Rewards used to be the absolute best transfer currency; unfortunately when Chase lost Korean Air as a transfer partner they took a bit of a hit. That being said they are still somewhere in the mix of the top 4 with American Express, Capital One, and Citi.

Since the loss of Korean Air, Chase has been diligently working to add in new transfer partners. They recently added JetBlue and now effective immediately, Emirates is now a transfer partner for your Chase Ultimate Rewards as well.

Points can be transferred at a 1:1 ratio, in 1,000 point increments.

Chase Current Transfer Partners

With this newest addition, Chase now has 10 airline transfer partners and 3 hotel partners. The most valuable partners being United MileagePlus and World of Hyatt

List of All Chase Transfer Partner
Aer Lingus Aer Club
Air France/KLM Flying Blue
British Airways Executive Club
Emirates Skywards
Iberia Plus
JetBlue TrueBlue
Singapore KrisFlyer
Southwest Airlines Rapid Rewards
United MileagePlus
Virgin Atlantic Flying Club
IHG Rewards Club – Hotel
Marriott Bonvoy – Hotel
World Of Hyatt – Hotel

Uses for Emirates Points

While everyone loves flying with Emirates, there is limited value in transferring your points directly to Emirates. This is because Emirates loves to pass on carrier imposed surcharges to award tickets. Just take a look at the estimated costs to fly from JFK to DXB round-trip:

Route – JFK-DXBMilesSurcharge
Economy72,500~$550
Business145,000~$1700
First217,500~$1700

When you consider that round trip tickets can cost as little as $804 today, spending 72,500 miles and $550 in surcharges for an Economy ticket is a silly proposition.

When Does it Make Sense to Transfer to Emirates Skywards?

Upgrades

If you were to use that exact same $804 JFK-DXB example from above and purchase a “Flex” level Economy ticket instead of the “Saver” level, it would cost you ~$1400 round trip. With a Flex ticket you can upgrade from Economy to Business Class for 70,200 miles one way and you will not pay any additional fuel surcharges.

I know what your thinking, a round trip ticket for $1400 and 140,400 miles isn’t much of a deal for a Business Class ticket, and your right. At the end of the day, it still beats spending 145,000 miles and $1700 in fuel surcharges. Additionally, you will earn miles on your Economy ticket, while on that 145,000 mile award ticket you wouldn’t earn anything.

Check out some of Sam’s many reviews of the AWESOME Emirates products!

In Conculsion

At the end of the day having more options is a great thing. While I’m not in love with Emirates Skywards program in general, I actually have upgraded a flight using Skywards miles and found them as a useful transfer partner.

Would you use Your Points to Transfer to Emirates Skywards?


Want to Earn Points Transferable to Emirates Skywards? Sign Up for one of the Credit Cards Below!

Click To Learn More About The Chase Sapphire Preferred® Card
Click To Learn More About The American Express® Gold Card


Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Disclaimer: The responses in each article are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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