TPG reader William emailed me to ask:
“I have had a Chase Sapphire Preferred for quite awhile. I recently had my wife get her own card. We are finishing up the minimum spending and her 40,000 points will post shortly. I’d like to know if I can transfer her Ultimate Reward points to my Ultimate Rewards account to combine them since my account already has 150,000 points. Your thoughts?”Yes, you absolutely can transfer her points into your account. That’s the beauty of Ultimate Rewards, they are much more flexible about things like transfers than many other programs. You can combine other people’s accounts with your own, and do it entirely online. However, you do have to enter a credit card number in order to do the transfer, so be careful doing this with anyone you don’t know well since once those points are transferred, they’re gone.
The ability to transfer them quickly and easily makes Chase Ultimate Rewards Points extra valuable, but you don’t want to abuse this by selling points or doing it too much with accounts of people who are not immediately related to you as there have been instances where Chase will shut down your account for what they consider “inappropriate activity.” So if Chase sees you transferring points to a million different accounts or abusing this privilege, just keep in mind your account may be shut down and your points taken away, so use caution.
Anyway, this is the reason I just love my Ultimate Rewards points, they are ultra flexible. Even with a Freedom or Sapphire account, which do not allow you to transfer UR points to the travel partner programs, you can combine the points you earn from those cards with those you earn with a premium Ultimate Rewards card like the Sapphire Preferred or Ink Bold or Ink Plus, and then you can transfer out to partners from there.
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