Chase Offers Highest Ever 70% Marriott Bonvoy Transfer Bonus

Chase has reintroduced its highest-ever transfer bonus for Marriott Bonvoy points, offering a 70% bonus on all transfers of Chase Ultimate Rewards points to Marriott Bonvoy. This limited-time promotion is valid from now until October 15, providing a significant opportunity for cardholders to maximize the value of their rewards. Typically, Chase Ultimate Rewards points transfer to Marriott Bonvoy at a 1:1 ratio. However, with the current 70% bonus, transferring 100,000 Chase points will yield 170,000 Marriott Bonvoy points, rather than the usual 100,000. This promotion matches the highest transfer bonus previously seen for Marriott Bonvoy redemptions this year.

The enhanced transfer rate allows for potentially more aspirational travel redemptions. For instance, a stay at the Walt Disney World Swan Reserve, a Marriott property located near Disney's Hollywood Studios and Epcot, can be booked for as few as 60,000 Marriott Bonvoy points per night on off-peak dates. With the 70% bonus, this translates to a cost of only 36,000 transferred Chase points per night. It is important to note that resort or destination fees may still apply to award stays, even when using points at this and other Marriott properties.

Another example of the enhanced value is the possibility of booking an overwater bungalow at The Westin Bora Bora Resort & Spa. Award prices for various room types, including the signature overwater bungalows, typically start around 84,000 Marriott Bonvoy points per night. With the 70% transfer bonus, these luxurious accommodations become bookable from approximately 50,000 transferred Chase points per night. This significantly reduces the out-of-pocket cost in terms of points required for such high-value redemptions.

This promotion is particularly beneficial for cardholders of Chase cards that earn Ultimate Rewards points, such as the Chase Sapphire Preferred Card and the Chase Sapphire Reserve. These cards are popular for their travel rewards programs and flexibility. The 70% bonus encourages strategic redemption of points for Marriott Bonvoy stays, which can offer substantial savings compared to booking with cash, especially for high-demand destinations or premium accommodations. Cardholders are advised to carefully consider their travel plans and the redemption value before transferring points, as the transfer is irreversible. The promotion underscores the ongoing competition among credit card issuers to offer attractive rewards and incentives to retain and attract customers in the lucrative travel rewards market.