Reviewed by Joseph Hellman-Benjamin, Founder and CEO. Last reviewed: October 13, 2026. Editorial Policy
Can you sell Chase Ultimate Rewards points?
Yes, we buy Chase Ultimate Rewards points in balances of 50,000 or more. Chase’s program agreement lists buying or selling points as misuse, and you lose all points if Chase closes the account for it. Chase pays 1 cent a point as cash, so compare our written price with that. We pay by PayPal, usually within 15 minutes of your transfer.
Key facts (checked October 13, 2026)
- Chase rule: buying or selling points is misuse; all points lost if the account is closed for it
- Expiry: none while the card account is open
- Chase cash rate: 1 cent a point
- Transfer partners: 10 airlines, 4 hotels; Hyatt at 4:3 on Sapphire Preferred since October 1, 2026
- Travel value: 2.05 cents a point (The Points Guy, October 2026)
- Our terms: 50,000 minimum; written price by email; you transfer first; PayPal, usually within 15 minutes
The Points King buys Chase Ultimate Rewards points for cash, paid by PayPal. You get a written price per point by email before you move anything, and that price is what you receive. Before you sell, read what Chase’s own terms say about it, below.
Before you sell: know the risk
Chase’s Sapphire Preferred Ultimate Rewards Program Agreement lists “buying or selling points” as misuse of the program. It says points are not your property, that you will immediately lose all your points if your account is closed for misuse, and that a transfer to a travel partner cannot be canceled once made. No broker can remove that risk, and we cannot promise how Chase will respond to a sale.
Read the full guide: Selling Miles and Points: Risks, Rules, and How It Works.
Price guarantee: the price per point we agree by email before you transfer is the amount you receive.
What We Pay for Chase Points
We do not publish a rate, because it moves with demand and with the size of the balance. Tell us how many points you have and we email you a price in writing; the price we agree is the price we pay. A cash offer from any broker will be lower than what the points are worth transferred to a partner (2.05 cents, The Points Guy, October 2026) and should be compared with the 1 cent Chase pays as cash. The minimum we buy is 50,000 points.
Which Chase Points We Buy
- Points earned on the Chase Sapphire Preferred, Sapphire Reserve, Sapphire Reserve for Business and Ink Business Preferred.
- Points earned on Freedom, Freedom Unlimited, Freedom Flex and Ink Business Unlimited cards. These cards earn Ultimate Rewards points but cannot transfer to travel partners on their own; Chase lets you combine them with a Sapphire or Ink Preferred account first.
What Your Chase Points Are Worth Before You Sell
Chase’s own floor is 1 cent per point: its program agreement says each point is worth $0.01 when redeemed for cash. Transferred to a partner like United, Hyatt or Air Canada Aeroplan, points can be worth more; The Points Guy’s October 2026 valuation puts them at 2.05 cents.
So, plainly: if you will use your points for a good award flight or hotel stay, that usually beats any cash offer, including ours. Selling makes more sense if you will not travel, are closing your card, or would otherwise cash out at 1 cent. See the full list of Chase transfer partners before you decide.
How Selling Chase Points Works
- Request a quote. Fill out the form with your balance. No obligation.
- Get the price in writing. We email a per-point price. That price is what you receive.
- Complete the transfer. We send step-by-step instructions by email.
- Get paid by PayPal. Usually within 15 minutes once the transfer is confirmed. If the transfer takes longer on your end, payment follows as soon as it is done.
When Selling Chase Points Does Not Make Sense
- You have a trip coming up that the points could cover.
- Your balance is under 50,000 points.
- You cannot afford to lose your relationship with Chase if it acts on its terms.
For how the two big bank currencies compare, see Amex points vs. Chase points. If your points come from the Sapphire Reserve, Amex Platinum vs. Chase Sapphire Reserve covers what changed on the card in 2026. All programs are on the sell points page.
Frequently Asked Questions
Can you sell Chase Ultimate Rewards points?
Brokers, including us, buy them. Chase’s program agreement prohibits it, so the account holder carries the risk of Chase closing the account and taking the points.
Is it illegal to sell Chase points?
It is a breach of Chase’s contract, not a crime under federal law. Joseph’s research paper on selling miles and points covers the legal picture in detail.
How much are 100,000 Chase points worth?
$1,000 as cash back through Chase, at 1 cent each. Our cash offer for the same balance is in your written quote; a strong transfer redemption can be worth more than either.
Can I sell points from a Chase Freedom card?
Yes, once they sit in an Ultimate Rewards account. The quote is the same per point.
What happens to my points if Chase closes my account?
If the closure is for misuse, Chase’s agreement says you lose all points immediately. For other closures, you get at least 30 days to use them.
How fast do you pay?
Usually within 15 minutes after the transfer is confirmed, by PayPal.
Also see: sell Amex points, sell Citi ThankYou points, how we compare with other brokers.
Get a Quote
Request a no-obligation cash quote for your Chase Ultimate Rewards points. We reply by email with a written price.