Chase Card Services has a new partner for its Ultimate Rewards program, the company announced in a press release. The Ritz-Carlton Hotel Company, with 77 luxury hotel properties in 25 countries, is now a point transfer partner for Chase's credit card rewards program.
The deal will allow Chase Sapphire Preferred and Ink Plus Business Card cardholders to transfer their Chase reward points to a Ritz-Carlton Rewards account with full value, meaning one point at Ritz for each point earned on Chase. Ultimate Rewards members can transfer as many points as they'd like, and they never expire. Transfers are immediate between the two programs.
Ritz-Carlton hotels are tiered, so the higher the tier, the more points required per night. A tier-5 hotel, such as the Ritz-Carlton in New York City's Central Park or the one in Hong Kong, requires 70,000 points for an overnight stay. A tier-1 hotel, such as the one in Dallas or Kuala Lumpur, require 30,000 points for each overnight stay. If points are used for a five-night stay, Ritz-Carlton gives the fifth night for free.
Chase's Ink Plus Business Card, one of the company's business credit cards, and Chase Sapphire Preferred come with different reward offers.
Ritz-Carlton is also a partner with Marriott hotels, and its rewards points can be used for stays at those properties. Marriott hotel tiers run from 7,500 to 40,000 points per overnight stay, depending on the property and location. Chase's Ultimate Rewards partners with more than 3,400 international hotels and 30 airlines.