It looks like the value of Chase Ultimate Rewards points just went up a bit. These are the points awarded on some of Chase’s premium cards:
Chase has just added Singapore Airlines KrisFlyer as the latest Ultimate Rewards transfer partner.
As you’d expect, the transfer ratio is 1:1, and you can transfer points in increments of 1,000 points.
I love the KrisFlyer program, mainly for redemptions in Singapore Airlines premium cabins. Singapore is one of the airlines that releases lots more premium cabin award space to members of their own KrisFlyer program than to members of partner airlines. For example, you can’t use miles from most of their Star Alliance partners for first class awards on Singapore, while you can redeem Singapore miles for their premium cabins.
And since they don’t release this space to many of their partner airlines, availability is actually quite good for KrisFlyer redemptions. They recently even started making two Suites Class award seats available for flights to the US, so it’s now possible to book the “double bed in the sky” on miles to the US for two.
As a reminder, Singapore KrisFlyer was already partners with American Express Membership Rewards and Starwood Preferred Guest, so now the three “major” flexible points currencies are all transfer partners with KrisFlyer.
So I’d say the value of the already super-valuable Ultimate Rewards cards just went up even further.