Chase Points to Marriott: It’s 1:1 — and Usually a Mistake

Chase Ultimate Rewards move to Marriott Bonvoy at a flat 1:1, in 1,000-point blocks, one way only. The 70% bonus that briefly made that trade interesting — the richest Chase-to-Marriott promotion ever run — ended at 11:59 p.m. Eastern on October 15, 2026, and as of October 20, 2026 there is no live Chase transfer bonus to any partner. At the base rate, a documented booking at The Tokyo EDITION, Toranomon cost 349,500 Marriott points through Marriott, or 107,427 Chase points through the Chase Travel portal with Points Boost. Same hotel, same room, roughly 242,000 points apart.

Below is the full mechanics of the transfer, what changed in 2026 on both sides of the equation, the real numbers on a luxury Marriott booking, and the four ways to get Bonvoy points ranked by what they actually cost you.

How to Transfer Chase Points to Marriott Bonvoy (The Quick Answer)

Chase Ultimate Rewards transfer to Marriott Bonvoy at a 1:1 ratio: 1,000 Ultimate Rewards points become 1,000 Marriott points. Transfers move in 1,000-point increments with a 1,000-point minimum, they are one-way and irreversible, and the base points usually land within minutes to a few hours. Chase’s official window runs up to two days.

Step-by-Step: Moving Ultimate Rewards Points to Marriott

1. Log in at chase.com and open the Ultimate Rewards dashboard from a card that can transfer to partners — Chase Sapphire Preferred, Chase Sapphire Reserve, Sapphire Reserve for Business, or Ink Business Preferred. Freedom Unlimited and Freedom Flex points transfer only after you pool them into one of those accounts
2. Select “Transfer to Travel Partners”
3. Choose Marriott Bonvoy from the list of hotel and airline partners
4. Link your Marriott Bonvoy account — the first and last name on the Marriott account must match the Chase account exactly, or the transfer fails
5. Enter the amount in 1,000-point increments, such as 1,000, 10,000 or 60,000
6. Confirm. Points typically post within minutes, with an official window of up to two days

The Rules Worth Knowing Before You Hit Transfer

• Ratio: 1:1 base rate, with no built-in bonus unless a promotion is running
• Minimum and increments: 1,000 points, in blocks of 1,000 — you cannot move 1,500
• One-way only: Marriott points cannot return to Ultimate Rewards, or to Membership Rewards, Capital One miles, ThankYou points or Bilt
• Bonus points lag: when a transfer bonus is live, the base points post first and Marriott deposits the bonus portion separately, up to seven days later. Do not plan to book the moment the transfer clears unless the base amount alone covers the night
• Expiration: Ultimate Rewards points do not expire while your card account is open. Marriott’s own program terms forfeit an entire balance after 24 consecutive months without qualifying activity, and explicitly state that receiving transferred points from another member does not reset that clock
• Fees: none. Chase does not charge for transfers

Can You Transfer Marriott Points Back to Chase?

No. The road only runs Chase to Marriott. What Bonvoy points can do is convert to airline miles at 3:1 across roughly 38 programs, with a 5,000-mile bonus for every 60,000 points transferred — 10,000 bonus miles for United MileagePlus, and no bonus at all on American AAdvantage, Delta SkyMiles or Avianca LifeMiles. The minimum is 3,000 points. Asiana and Korean Air have dropped off the partner list, and Alaska and Hawaiian now appear as the single merged Atmos Rewards entry. Marriott is also running a 15% bonus to Air Canada Aeroplan through October 31, 2026, lifting that corridor from 3:1 to an effective 3:1.15.

Treat that as an escape hatch, not a plan. At 3:1 you need the miles to work about 2.4 times as hard as a hotel night to break even, which only happens when a program like AAdvantage or Atmos has no other on-ramp from your wallet.

What Changed in 2026 — On Both Sides of This Decision

Four things moved this year, and together they rewrote the answer to “should I transfer?”

• Marriott raised award prices in early July 2026, roughly 5% to 10% across the portfolio, with individual properties moving between 2% and 16% higher. Frequent Miler’s median Bonvoy redemption value slid from 0.77 cents in March to 0.73 cents in July. The Points Guy’s October 2026 valuation puts Bonvoy points at 0.75 cents, while One Mile at a Time uses 0.7 cents
• The 70% Chase-to-Marriott bonus expired October 15, 2026. That was the single best bonus ever recorded on this corridor — 16 Chase-to-Marriott promotions have been tracked since 2021, averaging 55%. The two before it ran at 65% from May 1 to May 15, 2026, then 55% from May 16 through June 30, 2026
• Points Boost quietly got worse at Edit hotels. When it launched in June 2025, every one of Chase’s Edit properties priced at 2 cents per point. In a 150-hotel sample, that fell to about 43% of properties by December 2025, and by September 2026 only 27% still hit the full 2 cents, with the rest at 1.65 cents
• Chase cut the Hyatt ratio on October 1, 2026. Sapphire Reserve and Sapphire Reserve for Business keep 1:1 to World of Hyatt; Sapphire Preferred and Ink Business Preferred now transfer at 4:3. Our Grand Hyatt Baha Mar breakdown shows what that 25% haircut costs on a real five-night booking

Net effect: the hotel currency on the receiving end got weaker, and the portal alternative got a little weaker too. The gap between them is still enormous at expensive properties, but the “always 2 cents at Edit hotels” shortcut is gone and you now have to price every booking individually. Before you commit points anywhere, the live transfer bonus tracker is the fastest way to see whether a promotion has returned.

What Points Boost Actually Pays in Late 2026

Points Boost is Chase’s variable redemption rate inside Chase Travel. Chase tags selected hotels and flights with a blue rocket icon, and on those bookings your points stretch further than the baseline. Everything untagged redeems at a flat 1 cent.

Chase’s published ceilings by card, as of October 2026:

• Chase Sapphire Reserve and Sapphire Reserve for Business: up to 2 cents per point on boosted hotels and premium flights, with a rotating handful of Edit properties at 2.5 cents — 11 hotels made the October 2026 list, and the lineup has already changed twice since April
• Chase Sapphire Preferred and Ink Business Preferred: up to 1.5 cents on boosted hotels, up to 1.75 cents on select premium-cabin flights
• Anything not tagged: 1 cent flat, on every card

Two caveats that the marketing copy skips. First, “up to 2x” is a ceiling, not a rate — the realistic Edit range right now is 1.65 to 2 cents, and non-Edit boosted hotels can land lower still. Second, if you applied for a Sapphire Reserve before June 23, 2025, points you earned before October 26, 2025 still redeem at the legacy 1.5 cents through Chase Travel until October 26, 2027, and Chase automatically applies whichever is better. Points are consumed first-in, first-out, so a transfer to any partner burns that legacy bucket first.

The Tokyo EDITION Numbers: Three Paths to the Same Room

The Tokyo EDITION, Toranomon is the cleanest illustration of the gap, because it is exactly the kind of property where Marriott’s dynamic pricing runs hardest. Independent reviews put award rates there generally in the 80,000 to 120,000 points per night band, with cash typically $500 to $1,000 a night. Kayak’s twelve-month tracker shows August as the cheapest month at an average $728 and October the most expensive at $1,185, and Tokyo rates this season are worth checking against the portal before you move a single point.

A detailed write-up by Max Miles & Points documented all three prices for the same three-night stay in the same room. Marriott wanted 349,500 Bonvoy points. The Chase Travel portal priced the identical stay at 239,854 points without a boost, which works out to a cash price of about $2,398. With the Points Boost rocket applied and $250 deliberately left on the card to trigger the Edit credit, the final cost was 107,427 Chase points.

Booking method	Chase points required	Effective value per Chase point	Notes
Transfer 1:1 to Marriott, book the award	349,500	~0.69¢	Dynamic pricing, no bonus applied, irreversible
Chase Travel portal, no boost	239,854	1.0¢	Baseline rate on every card
Chase Travel portal with Points Boost	~119,900	2.0¢	Boost applied, no credit used
Portal + Points Boost + $250 Edit credit	107,427 + $250 on the card	2.0¢, with the $250 reimbursed	Best outcome in this booking

The spread between the first row and the last is 242,073 Chase points for an identical reservation. That is not a rounding error — it is a one-way business class ticket to Europe left on the table.

Two honest caveats. Those are the numbers from one reported booking, not a standing price: Marriott repriced in July 2026, Points Boost rates shift, and your dates will return different figures. And the Edit roster changes, so confirm the property still carries the Edit tag before you count on that $250.

A balance is only worth what you can actually book with it. Search award space on Seats.aero to see what these points do on real dates rather than in theory.

And if the hotel math still does not work against the balance you actually hold, Roame searches 25 programs across a full year of dates, which usually answers whether your points reach further somewhere else.

Stacking the Sapphire Reserve Hotel Credits on Top

This is where Sapphire Reserve holders get a genuine edge, and the 2026 terms are more generous than most people realize. Three separate credits exist, each with its own rules.

• The Edit credit — up to $500 a year. Chase’s own card terms state it as “up to $250 for each prepaid booking with The Edit, up to $500 annually,” on prepaid Pay Now stays of two nights or more. As of January 1, 2026 both halves can be used any time in the calendar year rather than in fixed six-month windows. You cannot apply both to one reservation, and the credited portion does not earn Ultimate Rewards points
• The Select Hotels credit — up to $250, 2026 only. A one-time credit on prepaid Chase Travel stays of two nights or more at IHG, Montage, Pendry, Omni, Virgin Hotels, Minor Hotels and Pan Pacific. Chase’s terms end it on December 31, 2026, and roughly 170 properties qualify for this and the Edit credit simultaneously
• The $300 annual travel credit. Runs on the cardmember year rather than the calendar year, and applies automatically to eligible travel purchases including Edit stays

Chase’s own guidance on the Edit spells out the order: the Edit credit applies first, the Select Hotels credit second, and the $300 travel credit works independently in the background. It also states the condition most write-ups omit — all three can be fully applied to one stay only if the reservation total exceeds $800.

The worked example that gets cited most often is Pendry Park City, a property on both lists: two nights at $1,640, reduced to roughly $840 after all three credits, for $800 back on one reservation. You then cover whatever remains with points at your boosted rate. Our full breakdown of the Edit and Select Hotels credits at Montage Palmetto Bluff runs the same arithmetic end to end, including the case where booking direct quietly beats all three. For whether the $795 fee clears on your travel pattern, see our 2026 Chase Sapphire Reserve review.

Do You Still Earn Marriott Points and Elite Nights Through the Portal?

Partly, and the answer is more favorable to the portal than it looks — because of a detail about award stays that most comparisons get backwards.

Chase now flags eligible properties in search results with a banner reading “Marriott Bonvoy eligible” or the equivalent for other chains. On those bookings you earn the hotel’s loyalty points, you earn elite night credits, and you receive your elite benefits during the stay. Chase states that even Points Boost bookings and all points redemptions are eligible to earn hotel loyalty points. You must add your loyalty number at checkout.

Now the part that flips the comparison. A Marriott award stay booked with Bonvoy points earns zero base points — Marriott does not award points on stays paid with points or a Free Night Award. It does credit elite nights: Marriott’s own support page confirms one Elite Night Credit per night on qualifying award redemptions. So a loyalty-eligible portal booking earns Bonvoy points and elite nights, while the straight award earns elite nights only. That is a point in the portal’s column, not against it.

One real limitation: the properties you see flagged depend on which card you hold. Without Edit access, you may see smaller chains like Omni but not the bigger names including Hyatt, IHG and Marriott.

When Transferring to Marriott Is Genuinely the Right Call

Transferring is not always wrong. These are the situations where it wins outright.

• A transfer bonus is live. At 70%, One Mile at a Time calculated the trade at about 1.2 cents of value per Ultimate Rewards point, and still graded it a pass without a specific booking in hand. Below roughly 50%, it is top-off math at best. There is no Chase bonus running as of October 20, 2026
• The award prices under about 25,000 points a night. Marriott’s dynamic floor is genuinely cheap at select-service and emerging-market properties — think Protea or Four Points in the 10,000 to 15,000 range — where 1 cent in the portal cannot compete
• The property carries no Points Boost tag. Without the rocket, you are redeeming at 1 cent flat, and a transfer often beats that
• You are booking five or more nights. Marriott’s “Stay for 5, Pay for 4” is open to all members on standard award redemptions, applies the lowest-point night free, and repeats on longer stays. It does not apply to Cash + Points bookings, upgrade awards, or nights covered by a Free Night Award, and the portal has no equivalent
• You are topping off a Free Night Award. Marriott certificates can be combined with up to 25,000 points each, raised from 15,000 in March 2024. Caps vary by card: 85,000 points on the Bonvoy Brilliant and the Ritz-Carlton card, 50,000 on the Bevy and Bountiful after $15,000 of calendar-year spend, 35,000 on the Boundless and the Bonvoy Business card, and 20,000 on the Bold after $25,000 of spend. Every award expires one year from issuance, and none of them count toward the fifth-night-free threshold

One thing to drop from the old playbook: Marriott charges resort fees on award stays. Hilton waives them, Marriott does not, so add that line back before you call an award “free.”

The Cheapest Way to Get Marriott Points Right Now

This is the comparison the transfer question usually skips. If you need Bonvoy points for a specific booking, moving Chase points is the most expensive route available, because Ultimate Rewards are the most valuable currency in the chain.

Route to Marriott points	What it costs	Catch
Transfer Chase Ultimate Rewards 1:1	Whatever a Chase point is worth to you — 1.7¢ (One Mile at a Time) to 2.05¢ (The Points Guy)	You are converting your best currency into one valued at 0.70–0.75¢. Irreversible
Transfer Amex Membership Rewards 1:1	Same arithmetic, different bank	Amex runs Marriott bonuses too — check before moving either balance
Buy points from Marriott	About 0.81¢ per point under the 55% bonus running September 29 to November 23, 2026, against a 1.25¢ standard price	Marriott’s purchase page lists a 150,000-point annual cap; promotional terms are targeted and vary, so confirm the limit shown in your own account. Purchased points earn no elite credit
Co-brand Free Night Award	An annual fee you were paying anyway	Capped at 20,000–85,000 points by card, expires in 12 months, top off with up to 25,000 points

Run it on that Tokyo booking. The 349,500 points Marriott wanted would cost around $2,830 if you could buy them at 0.81 cents — except you cannot, because that exceeds the published annual purchase cap. The same 349,500 Chase points are worth roughly $5,900 to $7,100 at mainstream Ultimate Rewards valuations. The portal booking cost 107,427 Chase points. That ordering holds at nearly every expensive Marriott property, and it is the single most useful thing to internalize about this transfer partner.

The exception is the cheap end of the chart, where buying points at 0.81 cents against a 15,000-point night running $180 in cash is a genuinely good trade. If you would rather see which programs your existing balance reaches before buying anything, Roame’s full search covers a year of dates across 25 programs in one pass.

How to Find and Price a Points Boost Hotel

The workflow that catches the difference every time:

1. Search your dates at chasetravel.com and toggle the “Points Boost only” filter to surface the rocket icons
2. Calculate the real rate yourself: portal cash price divided by points required, times 100, equals cents per point. Do not trust the “up to 2x” headline
3. Open a second tab and price the identical room on marriott.com, including resort fees, so you can see whether the portal’s cash price is inflated. A boost on a padded rate is not a deal
4. Confirm the listing carries the loyalty-eligible banner so you earn Bonvoy points and elite nights
5. Check whether the property sits in The Edit, and whether it also falls under one of the seven Select Hotels brands
6. Book prepaid for two nights or more, leave enough on the card to trigger each credit, and cover the balance with points

One more sanity check before any of this: price the stay as a straight cash booking. On off-peak dates, rates at comparable hotels can undercut every points path on the board, and keeping a flexible balance intact is often the better outcome.

Points Boost vs. Transferring to Marriott: The 2026 Summary

Factor	Points Boost (portal)	Transfer to Marriott
Value per point, Sapphire Reserve	1.65–2.0¢ at Edit hotels, 2.5¢ at a rotating handful	~0.69–0.9¢ at expensive properties
Value per point, Sapphire Preferred	Up to 1.5¢ on hotels	Same dynamic pricing applies
Earn Bonvoy points on the stay	Yes, at loyalty-flagged properties	No — award stays earn no base points
Earn elite night credits	Yes, at loyalty-flagged properties	Yes, one per night
Stack Chase hotel credits	Yes, up to $750 plus the $300 travel credit	No
Fifth night free on 5+ nights	No	Yes, on standard redemptions
Reversible	Yes, cancel and rebook	No, transfers are one-way
Availability	Rotating, roughly 27% of sampled Edit hotels at full 2¢	Any date with a standard room award
Best for	Luxury city hotels and resorts	Sub-25,000-point nights, long stays, certificate top-offs

The Cards That Make This Work

The Chase Sapphire Reserve is the card this strategy is built around: it unlocks the 2 cent Points Boost ceiling, The Edit with its $500 in credits, the 2026 Select Hotels credit, the $300 travel credit, and complimentary IHG One Rewards Platinum Elite status through December 31, 2027. The annual fee is $795, with $195 per authorized user. As of October 2026 Chase’s own application page lists a welcome offer of 100,000 points after $6,000 in purchases in the first three months, though this card’s offer has moved repeatedly this year — confirm what is showing before you apply.

The Chase Sapphire Preferred still gets Points Boost at the lower 1.5 cent hotel ceiling, plus a $100 annual Chase Travel hotel credit and a $120 Global Entry or TSA PreCheck credit added for 2026, against the same $95 fee. Chase lists 75,000 points after $5,000 in three months as the standard offer. Our 2026 Sapphire Preferred review covers whether that is enough card for your travel volume.

Pair either with a Freedom Unlimited or Freedom Flex to funnel everyday spending into the same Ultimate Rewards pool, then deploy from the Reserve. See the six-card stack I actually use for the full setup, and if you are new to all of this, our Points & Miles Masterclass lays the groundwork before you start burning points on hotels.

Frequently Asked Questions

What is the Chase to Marriott transfer ratio?

Chase Ultimate Rewards transfer to Marriott Bonvoy at a base ratio of 1:1, in 1,000-point increments with a 1,000-point minimum. Chase runs periodic bonuses on this corridor — 16 have been tracked since 2021, averaging 55% — and the largest ever was the 70% bonus that ended October 15, 2026.

Is there a Chase to Marriott transfer bonus right now?

No. As of October 20, 2026, Chase has no live transfer bonus to Marriott Bonvoy or any other partner. The 70% bonus expired at 11:59 p.m. Eastern on October 15, 2026, and before that Chase ran 65% in early May and 55% through June 30, 2026. Transfer bonuses on this route tend to appear several times a year, so check the current tracker before you move points.

Which Chase cards can transfer points to Marriott?

Chase Sapphire Preferred, Chase Sapphire Reserve, Sapphire Reserve for Business and Ink Business Preferred. Points earned on Freedom Unlimited, Freedom Flex or Ink Cash can only be transferred after you pool them into one of those accounts, which is free and instant on chase.com.

Can you transfer Marriott points back to Chase?

No. Transfers only run Chase to Marriott, and Bonvoy points cannot move into any bank’s transferable currency. They can convert to airline miles at 3:1 across about 38 programs, with a 5,000-mile bonus per 60,000 points transferred, 10,000 bonus miles for United, and no bonus for American, Delta or Avianca.

Is it better to transfer Chase points to Marriott or book through Chase Travel?

For expensive city hotels and resorts, the portal usually wins by a wide margin — 1.65 to 2 cents per point with Points Boost against roughly 0.7 to 0.9 cents on a Marriott award. Transfer instead when a bonus is running, when the award prices under about 25,000 points a night, when you are booking five nights and want the fifth free, or when the property shows no Points Boost tag. Price both before you move anything, since transfers cannot be undone.

Can I still earn Marriott Bonvoy points if I book through Chase Travel?

Yes, at properties Chase flags as loyalty eligible, and that includes Points Boost bookings. You earn Bonvoy points, elite night credits and your elite benefits, provided you add your loyalty number at checkout. Which properties appear depends on your card — without Edit access you will see fewer of the major chains.

Is buying Marriott points cheaper than transferring Chase points?

Almost always, yes. Marriott is selling points with a 55% bonus from September 29 through November 23, 2026, which works out to about 0.81 cents each against a 1.25 cent standard price. Converting Ultimate Rewards valued at 1.7 to 2.05 cents into a currency worth 0.70 to 0.75 cents is a worse trade on paper. Two limits: Marriott’s purchase page lists a 150,000-point annual cap, and the bonus offer is targeted, so confirm what your own account shows.

The Bottom Line

Moving Chase points to Marriott is simple, instant and permanent, and at the base 1:1 rate it is the worst trade available in the Ultimate Rewards lineup. Marriott raised award prices 5% to 10% in July 2026, the record 70% bonus expired on October 15, and nothing has replaced it. Against that, the Chase Travel portal with Points Boost still pays 1.65 to 2 cents at Edit properties, still earns Bonvoy points and elite nights at flagged hotels, and still stacks with up to $750 in 2026 hotel credits plus a $300 travel credit.

Transfer when a bonus is live and you have a confirmed booking, when the night prices below roughly 25,000 points, or when you are chasing the fifth night free. For everything else, price the portal, price buying the points outright, and keep your Ultimate Rewards flexible. A 242,000-point gap on a three-night stay is not an outlier — it is what the current pricing produces at the top of the Marriott portfolio, and it takes about four minutes to check.