Hi there, it's Ernest from Trip Astute. In this video, we're exploring how to share
Chase Ultimate Rewards points with others, and avoid getting in trouble with the
issuer.
(light chiming music)
Those of you that have been watching this channel know that I'm a huge fan of
Chase's Ultimate Rewards program. While every points program has its merits,
Chase's Ultimate Rewards is the one that seems to provide the most value for me, mostly
because I can pull points from different cards and take advantage of bonus
categories that match my everyday spend. One question that seems to come up a lot
is whether you can share your Ultimate Rewards points with others. The short answer
is "yes", but it's complicated. So today, we're going to go over how to
do it and what you should and shouldn't do in order to stay within the rules.
Some of you might be asking, "why would you want to transfer points to someone
else?" Well, one, if you happen to be closing an account and don't have
another Chase Ultimate Rewards earning card, you might want to send it to
another person just to be safe. Another reason for transferring points
will be that you don't have a premium Chase card that allows you to transfer
your Ultimate Rewards points to a travel partner or redeem at a higher rate on
the Chase portal. But perhaps someone in your household does have a premium card,
like a Chase Sapphire Preferred, Reserve or Ink Preferred card. So officially, Chase
states the following: You can move your points but only to another Chase card
with Ultimate Rewards belonging to you or one member of your household or owner of
the company, as applicable. The important thing to keep in mind is that you can
only move points to others in your household.
So essentially, only people who have the same address listed on their account. To
do this, all you have to do is log into your Chase Ultimate Rewards account. Next
you'll want to select your card, then select "Combine points" under your points
total. From here, you'll want to select "Add household member". You'll then be
asked to enter the household member's account number and last name. You'll then
be asked to certify that the card belongs to a member of your household
or an owner of the company, if you're transferring from a business credit card.
That's the process in a nutshell. However, here are some tips to keep in mind.
Number one: Verify your account addresses. If you're going to transfer points to
someone in your household, make sure to double check that they have the same
address. The last thing you want to do is to initiate a transfer and get flagged
for breaking the rules, or possibly having your account shut down. This is
particularly important if you happen to have recently moved or changed your
address. Just take a moment to check the address on your statement or in your
account. Number two: Don't overdo it or abuse the process. A lot of folks online
have reported that their accounts have been shut down or locked by transferring
massive amounts of points frequently. While it's not guaranteed that your account
will get shut down, it's worth not raising any red flags in the process.
This would include opening an account just to earn the bonus, then transferring
all the points and closing the account. You definitely don't want to do that.
Number three: Avoid transferring points to your household member's hotel or
airline account. In the situation where your household member has certain status
with a hotel or airline, but doesn't have a premium card that allows for transfers,
it might be tempting just to transfer the points directly to their hotel or
airline account. However, there are different rules that govern this process,
so I don't recommend it. The rules basically state but the person has to be an
authorized user on your account. So while it's possible, I would suggest reading the
fine print so you don't accidentally flag your account.
Do you share Ultimate Rewards points with others in your household? If so, let us
know in the comment section below, and let us know if you have any questions. If
you enjoyed this video or found it useful, please hit the "like" button and
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next time, travel safe and travel smart.