An AwardTravel reader sent us a question via Twitter regarding a using Chase Ultimate Rewards Points on Amazon.com. Remember that you can always send us a message via Facebook or Twitter with your questions or ideas. We’ll try to cover them during our Q&A Thursday session.Here’s the message from the reader:
Q: Can I Reverse My Chase Ultimate Rewards Points Transfer?
I transferred some of my chase points into Hyatt points for my vacation hotel stay last month, but then I decided to use my old Marriott points instead. Is it possible to reverse the transfer and
get my points back? - Jun from Seoul
A: Hi Jun, Thanks for asking. Actually, our readers have been asking this question many times. Let's cut to the point: No, you can't reverse your points transfer.
Read before you transfer points
The Ultimate Rewards point transfer has the following characteristics:
No going back
Point transfer cannot be reversed. It is strongly recommended that you check for award availability — hold the award space when possible — before making any transfer. This is true for all flexible reward programs.
Ultimate Rewards has travel partners in multiple hotel programs, all three airline alliances, and the exclusive Southwest Airline who has no other transfer partners.
With the 1-to-1 transfer ratio for all partners, you’ll never need to do complex calculations for the points required for redemption.
Almost all points transfer initiated on Ultimate Rewards posts within minutes on their partner’s loyalty program accounts, if not instantly.
You can transfer UR points to one household member's loyalty program account. He or she needs to be added as an authorized user or employee on your UR card account first.
Nothing comes free
The most important thing here - you can only transfer your Ultimate Rewards points from the cards that comes with an annual fee, that is, the Sapphire Preferred, Sapphire Reserve, and the Ink Business Preferred card. You will need to transfer your points from the no-annual-fee cards to the three qualifying cards in order to transfer those points to travel partners.