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Amtrak Announces the End of Ultimate Rewards Transfers

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This summer, Amtrak announced significant changes to its Guest Rewards program, included revenue-based points earning and vastly different redemption rates. Essentially, all redemptions will be based on the cost of the ticket (and the type of train), come January 24, 2016. Shortly after that announcement, Amtrak shared the news that it would no longer be partnering with Chase on a co-branded credit card — that card will become unavailable as of this Wednesday.

Unfortunately, Amtrak just shared more bad news today. As of December 8, you’ll no longer be able to transfer Ultimate Rewards points to Amtrak. A company representative shared the following on FlyerTalk this morning:

Effective December 8, 2015, the option to transfer points from Chase Ultimate Rewards to Amtrak Guest Rewards® will be discontinued. Eligible Chase Ultimate Rewards customers can transfer points into Amtrak Guest Rewards through December 7, 2015. To see if your Chase card is eligible or to transfer your Chase Ultimate Rewards points to Amtrak Guest Rewards, visit

Amtrak Featured

In many cases, it may make sense to move your points over. TPG values Chase points at 2.1 cents apiece, and Amtrak points at 2.5 cents each. Once the new rates kick in, you’ll be able to redeem Amtrak points for between 2.5 and 2.9 cents each, depending on the train (2.5 cents for Acela), however prices will be based on prices in the “Value” category or above — deep-discount “Saver” tickets won’t be available for redemptions.

The good news is that we have a fair amount of notice — you still have 10 weeks to transfer points from Chase to Amtrak, such as those earned with the Sapphire Preferred Card. Additionally, points post instantly, so you could even wait until December 7 to initiate a transfer if you need to.

H/T: FlyerTalk

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  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
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