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

Aug 22, 2018

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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!

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More Things to Know
  • Earn 80K bonus miles after you spend $5,000 on purchases in the first 3 months your account is open. Plus, an additional 20K bonus miles after you spend $10,000 in the first 6 months
  • $250 Annual Fee
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  • Earn 3X miles on United Airlines purchases
  • Earn 2X miles at restaurants and on select streaming services
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  • Earn 1X mile on all other purchases
  • Each year, receive a $125 credit on United® purchases and two 5k-mile anniversary award flight credits. Terms apply.
Regular APR
16.49% to 23.49% Variable
Annual Fee
$250
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent, Good

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