For those of us
obsessed with interested in the miles and points game, it’s hard to argue with the value of Chase Ultimate Rewards points. The points transfer to a number of programs on a 1:1 ratio, including:
- United Airlines
- British Airways
- Southwest Airlines
- Virgin Atlantic
- Korean Air
The two categories of cards that earn Ultimate Rewards points that I personally carry are personal (like Chase Sapphire) and business (Ink Bold and Ink Plus). These aren’t referral links, just some of my favorite cards.
To the best of my recollection, the Chase Sapphire has had a disclaimer for some time that it’s not okay to transfer points to someone other than your spouse or someone living in your household. But, I’m also pretty certain that the business cards specifically don’t carry this disclaimer. This is setting aside the fact that the system will allow you to make the transfer. But, I’ve heard of folks who got zapped by Chase for doing this with UR points they earned from spending on their Sapphire card.
I went to make a transfer from my Ink Bold account yesterday to my United Airlines account and found the following disclaimer which I’ve never seen before.
The features are not intended to allow transfers to third parties other than a spouse or domestic partner….
Uh, gulp. One of the great things about being able to transfer is that you can transfer any amount of points. So, I’ll help out friends from time to time and loan them some points they can use for a vacation until they earn enough to pay me back. No biggie.
Except now it might be.
For the record, I had a ton of work last night to get through before heading out on the road so I did not get a chance to read through the T&C of the Ink Bold card again to see if they have changed. If for some crazy reason nobody else has done it by the time I catch up this week I will and report back, but I suspect this is a meaningful enough change that someone will be interested in doing some digging before I have a chance to.