Skip to content

Reminder: Only a Few Days Left to Transfer Chase Ultimate Rewards to Korean Air

Aug. 22, 2018
2 min read
Korean Air A380 at Seoul ICN
Reminder: Only a Few Days Left to Transfer Chase Ultimate Rewards to Korean Air
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

If you missed the shot heard 'round the Chase Ultimate Rewards universe earlier this month, here's a reminder: Korean Air SkyPass, a member of the SkyTeam alliance, will cease being an Ultimate Rewards transfer partner as of August 25, 2018.

That means that you have but a few days left to make transfers. If you're wondering if you should, and what sweet spots there are while time remains, we've got you covered. We've created guides to show you the ropes before the cutoff occurs, with everything you need to know about the program listed below.

The Korean Air SkyPass program can be tricky to utilize thanks to its unusual rules restricting redemptions to the account holder and family members only. But it's still a good way to book SkyTeam awards, especially since the program added the ability to book partner awards online late in 2016. Bookings on Korean Air metal could also be useful — TPG himself reviewed Korean Air's first class on its A380 and wrote that it "represents an amazing value for Ultimate Rewards members," which demonstrates how this loss hurts Ultimate Rewards.

Once transfers cease, we'll be reevaluating the value we place on Ultimate Rewards points, which currently sits at 2.1 cents apiece.

Do you have any plans for making use of Korean Air as a UR transfer partner during the eleventh hour? Let us know in comments below, and chime in via the TPG Lounge on Facebook!

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app