Chase Ultimate Rewards now offers a 30% transfer bonus to Wyndham Rewards from March 5 to March 31, 2026. This marks the first bonus for transfers between these programs, which recently became partners in February 2026. However, despite the incentive, experts advise against taking advantage of the offer.
Understanding the Transfer Ratio
Normally, points transfer at a 1:1 ratio (1,000 Chase points for 1,000 Wyndham points). With this bonus, the ratio improves to 1,000:1,300. Transfers are instant and unlimited, making it easy to move points if desired. The addition of Wyndham as a partner was expected to bring transfer bonuses eventually, making this the first of likely many future offers.
Why This Bonus Isn’t Recommended
The core issue is the low perceived value of Wyndham Rewards points. Current valuations place them around 0.7 cents each, meaning even with the 30% bonus, you’ll only get roughly 0.9 cents of value per Chase Ultimate Rewards point. This is significantly lower than other Chase partners, like World of Hyatt, where points are valued at 1.5 cents each.
Wyndham properties typically cost 7,500, 15,000, or 30,000 points per night. The program’s limited luxury options further diminish its appeal for high-value point transfers.
“This seems like a program where a 1:2 ratio would be more appropriate, but that’s unfortunately not what we’ve seen with any transferable points currency up until now.”
In most cases, holding onto Chase Ultimate Rewards points and using them elsewhere (or directly purchasing Wyndham points when deals are better) will yield more value.
Alternative Options
Chase Ultimate Rewards partners with Capital One and Citi ThankYou at a 1:1 ratio, offering more attractive redemption options. The key takeaway is that not all transferable points are equal in value. Some partners are simply more worthwhile than others.
Conclusion: While the 30% transfer bonus is a welcome addition, the underlying value of Wyndham Rewards points makes this offer unattractive for most travelers. Prioritizing higher-value redemption options within the Chase Ultimate Rewards ecosystem remains the better strategy.
