The combining we’ll be doing won’t get us this messy!

This is Part #3 in the Ultimate Guide to Ultimate Rewards series.  Other posts include:
#1:  How to Earn Chase Ultimate Rewards Points Through Credit Card Signups
#2:  How to Earn Chase Ultimate Rewards Points Through Online Shopping

#4:  How to Transfer Chase Ultimate Rewards Points to Travel Partners (with video)

(UPDATE:  DO NOT transfer points between people who ARE NOT SPOUSES OR DOMESTIC PARTNERS.  Chase no longer allows this and may shut down your account.)

One of the major benefits of the Chase Ultimate Rewards program is that they allow you to combine points between accounts for no charge AND the transfer happens instantly.

Thanks Chase!

The ability to combine points comes is a HUGE SCORE for people who want to turn their “limited” UR points in to “premium” UR points.

(If you’re unsure about the difference between a “limited” account and “premium” account, read the first post of the Ultimate Guide to Ultimate Rewards series before continuing.)

To briefly recap, “limited” points are only allowed to be used as cash for purchasing travel through Chase (at 1.2 cents per point) or as cash-back (at 1 cent a point).  They are NOT allowed to be transferred to travel partners like United, Hyatt, Southwest, etc.

“Premium” points are much more valuable because they ARE allowed to be transferred to travel partners like United, Hyatt, and Southwest.  This opens up tons of possibilities, and if you’re good, you can make each Chase premium point worth 2 cents or more!

So, the goal is to turn “limited” points in to “premium” points, which amazingly, can be done…and done quickly and easily!

Combining Points from a “Limited” Account and “Premium” Account

Most people who are earning large amounts of “limited” points are doing so by using the Chase Freedom, but the Chase Sapphire, Chase Ink Classic, and Chase Ink Cash also earn “limited” points.

To turn these “limited” points to “premium” points, you’ll need to have one card that earns “premium” Ultimate Rewards points.  These cards include the Chase Sapphire Preferred (my review), Chase Ink Bold (my review), or Chase Ink Plus (my review).

If you have one of those cards, it is very simple to transfer your “limited” points to “premium” points.  All you’ll have to do is sign in to to your Ultimate Rewards account and combine your points.  Just make sure you are transferring your points FROM the “limited” account TO the “premium” account.

Voila….you’ve got all “premium” Ultimate Rewards points.

Don’t believe it’s that easy?  Watch me do it in less that 2 minutes WHILE explaining exactly how to do it!

Ok, so that’s great for people who have a “premium” UR account, but what if you only have a “limited” account?  Fear not!

Transferring Points From One Person To Another

Another awesome benefit:  Chase allows you to combine points between people!  And get this…the people don’t even have to be related.

You can transfer points from your account to ANYONE!  

The real benefit of this comes when one person DOES NOT have a “premium” account but wants to transfer their “limited” points to a travel partner.

They can use someone else who has a “premium” account as a middleman!

This exact situation happened a few days ago with an EPoP reader.  Jason had earned “limited” UR points from his Chase Freedom card and had no other Chase accounts.

Jason wanted to turn transfer his points to Hyatt, but because they were “limited” UR points, he wasn’t allowed.

Instead, I offered to allow him to transfer his “limited” points to my Ultimate Reward account that was tied to my Chase Sapphire Preferred card, and therefore, a “premium” account.  All he needed was my account number and my full name.  After putting that in, the points arrived in my account in less than a minute.

Since the points were now in my “premium” account, they could be transferred to Hyatt.  I simply used Jason’s Hyatt number and full name when transferring the points to Hyatt, and within a few minutes, they were in his account.

All told, it took less than 5 minutes for Jason to turn his “limited” points in to Hyatt points.

Just follow these easy steps:

1.  Transfer your limited points to a friend who has a premium account.  You’ll need that person’s premium UR account number and full name.

2.  Have your friend transfer the points, which are now premium points, to the travel partner you want.  They’ll need YOUR full name and membership number.

That’s it!

Final Word(s)

If you don’t have a “premium” card yet, you should definitely consider getting one!  You’ll be earning one of the best currencies of points out there AND you’ll be able to turn your “limited” points in to more valuable ones!  You don’t have to involve anyone else, and it takes less than 2 minutes.

If you’re not able to get a “premium” card, find a friend or family member who does and ask them to act as the middleman.

You should NEVER keep your Ultimate Rewards points as “limited” points since they are FAR LESS valuable than “premium” points.  Since Chase makes it so easy to upgrade your points from “limited” to “premium”, you’ve got no excuses!

How do you change your “limited” points to “premium” points?  What’s your favorite Chase card?  Let me know below!

(photo courtesy of D@lbo)