Transfer Chase Points To Marriott With 50% Bonus

Chase Ultimate Rewards has just launched its latest transfer bonus. It’s not the most exciting offer on earth, though perhaps for some there might be value with it?

Chase offering 50% bonus on Marriott Bonvoy transfers

Through Friday, November 15, 2024, you can receive a 50% bonus when you transfer Chase Ultimate Rewards points to Marriott Bonvoy.

This promotion is being offered on Chase’s end (in the United States), and is hard coded into the transfer ratio, meaning you should see the bonus at the time that you make the transfer. You can take advantage of this offer an unlimited number of times. Transfers from Chase to Marriott Bonvoy are generally instant.

It seems that we see a bonus like this at least a couple of times per year, and we last saw such an offer several weeks ago. We’ve seen five similar transfer bonuses in the past couple of years, ranging from a bonus of 40-70%. So the 50% bonus isn’t among the most exciting transfer bonuses that we’ve seen from the program.

Is this transfer bonus worth it?

Every single time there has been a Chase Ultimate Rewards transfer bonus to Marriott Bonvoy, I’ve recommended against it. Why? I value Marriott Bonvoy points at ~0.7 cents each, while I value Chase Ultimate Rewards points at ~1.7 cents each. So unless you’re getting well over two Marriott Bonvoy points per Ultimate Rewards point, you’re probably not really maximizing your points.

With a 50% bonus, you’re getting ~1.05 cents of value per Ultimate Rewards point with this offer, at least by my valuation. That’s not how I’d recommend redeeming Ultimate Rewards points, given how much more value you can get with these points.

Just keep in mind that at a minimum, you can redeem Ultimate Rewards points for 1.25-1.5 cents each toward a travel purchase through the Chase Travel Portal. Personally I value World of Hyatt points at more than twice as much as Marriott Bonvoy points, yet Chase Ultimate Rewards points ordinarily transfer to both currencies at a 1:1 ratio.

Now, in fairness, there are situations where you could get value with this transfer, in terms of the hotel stay being worth more than the value of the points transferred. However, there are probably more efficient ways to acquire those points:

• Marriott Bonvoy often sells points at a discount, and acquiring them that way could be a better value, in my opinion
• Marriott has co-branded credit cards that could be better options for earning Bonvoy points

Keep in mind that nowadays Marriott Bonvoy has dynamic award pricing, so there’s no maximum for the number of points hotels can charge for award stays. Nonetheless there are still good uses of Marriott Bonvoy points.

Bottom line

Through November 15, 2024, you can receive a 50% bonus when you transfer Chase Ultimate Rewards points to Marriott Bonvoy.

I generally wouldn’t take advantage of this, at least without a specific redemption in mind. Marriott Bonvoy isn’t an efficient Chase Ultimate Rewards transfer partner, and I’d argue that applies even with a 50% bonus. I’d give this offer a “pass,” but I’m sure some will find this to be worthwhile.

What’s your take on this Chase transfer bonus to Marriott?