Chase Ultimate Rewards is offering a 50% bonus when transferring points to Marriott Bonvoy between February 1 and February 28, 2026. While this promotion appears attractive on the surface, its actual value depends heavily on how you intend to use your points.
How the Bonus Works
Normally, Chase Ultimate Rewards transfers to Marriott Bonvoy at a 1:1 ratio (1,000 points for 1,000 points). With this bonus, you’ll receive 1,500 Bonvoy points for every 1,000 Chase points transferred. The bonus is automatically applied during the transfer process and has no transfer limits. Transfers are generally instant.
This type of bonus isn’t uncommon: Chase regularly offers similar promotions, typically ranging from 40% to 70%. A 50% bonus falls in the middle, so it’s not the highest value seen.
Is This Deal Worth It?
The core question is whether the transfer bonus provides genuine value. Many frequent travelers assign different valuations to different points programs. Chase Ultimate Rewards points are typically valued around 1.7 cents each, while Marriott Bonvoy points average around 0.7 cents.
With a 50% bonus, you effectively get about 1.05 cents of value per Chase point transferred, based on these estimates. This isn’t the most efficient redemption option.
Better Alternatives
Before transferring, consider these alternatives:
- Direct Marriott Purchases: Bonvoy often sells points at discounted rates, which may be more cost-effective than transferring from Chase.
- Marriott Credit Cards: Co-branded Marriott credit cards offer direct earning opportunities for Bonvoy points.
- Hyatt Transfers: Chase Ultimate Rewards transfers to World of Hyatt at a 1:1 ratio, and Hyatt points are generally considered more valuable than Bonvoy points.
The main issue is that Marriott Bonvoy now uses dynamic award pricing, meaning award rates fluctuate without maximum limits. Though good deals still exist, maximizing value requires careful planning.
Conclusion
The Chase Ultimate Rewards to Marriott Bonvoy transfer bonus is available through February 28, 2026. Unless you have a specific, high-value redemption in mind, it’s likely more efficient to hold onto your Chase points or explore other rewards options. This offer is passable if the math works out for your needs, but it’s far from the most compelling use of Chase Ultimate Rewards.
