Disclaimer: This site is an independent comparison and is not affiliated with, endorsed by, or sponsored by American Express or JPMorgan Chase. Card details are verified against issuer websites as of April 2026. See issuer sites for current terms.

Amex MR vs Chase UR: Every Transfer Partner Compared (2026)

Transfer partners are where points become truly valuable. Both programs offer 1:1 transfers to major airlines and hotels, but the exclusive partners on each side make the difference.

Amex Membership Rewards Partners

PartnerTypeRatioSweet SpotCPP Range
ANA (All Nippon Airways) EXCLUSIVEAirline1:1US-Japan biz class: 75K-88K5-7 cpp
Delta SkyMiles EXCLUSIVEAirline1:1Domestic one-way: 5K-12K1-2 cpp
Emirates Skywards EXCLUSIVEAirline1:1First class awards3-5 cpp
Etihad Guest EXCLUSIVEAirline1:1Partner awards on AA2-3 cpp
Hilton Honors EXCLUSIVEHotel1:25th night free on 5-night stays1-1.5 cpp
British Airways Avios Airline1:1Short domestic flights: 7.5K1.5-3 cpp
Singapore KrisFlyer Airline1:1Star Alliance biz: 60K-90K2-4 cpp
Air France/KLM Flying Blue Airline1:1Promo awards to Europe2-3 cpp
Virgin Atlantic Airline1:1ANA biz via VA: 60K-90K3-5 cpp
JetBlue TrueBlue Airline1:0.8Domestic: 5K-10K1-1.5 cpp
Marriott Bonvoy Hotel1:1Off-peak Cat 1-40.8-1.5 cpp

Chase Ultimate Rewards Partners

PartnerTypeRatioSweet SpotCPP Range
World of Hyatt EXCLUSIVEHotel1:1Cat 1-4 hotels: 5K-15K/night2-4 cpp
United MileagePlus EXCLUSIVEAirline1:1Excursionist perk, X fares1.5-3 cpp
Southwest Rapid Rewards EXCLUSIVEAirline1:1Companion Pass eligible1.3-1.8 cpp
IHG One Rewards EXCLUSIVEHotel1:1Point Breaks: 5K-15K/night0.6-1.5 cpp
British Airways Avios Airline1:1Short-haul: 7.5K one-way1.5-3 cpp
Singapore KrisFlyer Airline1:1Star Alliance biz: 60K-90K2-4 cpp
Air France/KLM Flying Blue Airline1:1Promo awards to Europe2-3 cpp
Virgin Atlantic Airline1:1ANA biz via VA: 60K-90K3-5 cpp
JetBlue TrueBlue Airline1:1Domestic: 5K-10K1-1.5 cpp
Marriott Bonvoy Hotel1:1Off-peak Cat 1-40.8-1.5 cpp

The Hyatt Advantage: Chase's Crown Jewel

World of Hyatt is widely considered the single best hotel transfer partner in the points ecosystem. Hyatt points consistently deliver 2-4 cents per point, far above most hotel programs. A Category 4 Hyatt like the Hyatt Regency in a mid-tier city costs 15,000 points per night, typically worth $250-400 in cash rates. That is 1.7-2.7 cents per point.

For luxury properties, the math gets even better. The Park Hyatt in major cities can cost 25,000-30,000 points per night against $600-1,000+ cash rates, pushing valuations to 2-4 cents per point. No Amex hotel partner matches this consistency. Amex transfers to Hilton (at a 1:2 ratio) and Marriott, but Hilton points are worth roughly 0.5-0.6 cents each and Marriott 0.7-1.0 cents each.

The ANA Advantage: Amex's Aspirational Ceiling

ANA (All Nippon Airways) business class from the US to Japan is the aspirational ceiling of points travel. A round-trip business class ticket costs $5,000-8,000+ in cash, but just 75,000-88,000 ANA miles one-way. Since Amex transfers 1:1 to ANA, that is 5-7 cents per point, the highest consistent redemption value in any program.

This is Amex's counter to Hyatt. While Chase wins on hotels, Amex wins on aspirational flight redemptions. If Japan is on your bucket list, Amex Gold's ability to transfer to ANA is worth more than any hotel partnership.

Best Redemptions by Travel Goal

GoalWinnerBest Route
Domestic flightsTieBA Avios or Southwest (Chase), Delta (Amex)
International economyTieFlying Blue promos work from both
International business classAmexANA via MR (5-7 cpp)
Domestic hotelsChaseHyatt Cat 1-4 (2-4 cpp)
International hotelsChasePark Hyatt properties (3-4 cpp)
Budget hotelsTieIHG Point Breaks (Chase), Hilton (Amex)

Transfer Partner FAQ

Can you transfer Amex points to Hyatt?▾
No. Hyatt is exclusively a Chase Ultimate Rewards transfer partner. This is widely considered Chase's most valuable hotel partner because Hyatt transfers consistently deliver 2-4 cents per point. If Hyatt stays are important to your travel, you need a Chase card. Amex transfers to Hilton and Marriott for hotels, but neither typically matches Hyatt's per-point value.
What is the best Amex transfer partner?▾
ANA (All Nippon Airways) is widely regarded as Amex's most valuable transfer partner. ANA business class from the US to Japan costs 75,000-88,000 miles, which can deliver 5-7 cents per point against cash fares exceeding $5,000. Other strong Amex-exclusive partners include Delta for domestic flights and Emirates for first class awards.
Do Amex and Chase share any transfer partners?▾
Yes. Several airlines are transfer partners of both programs: British Airways (Avios), Singapore Airlines (KrisFlyer), Air France/KLM (Flying Blue), JetBlue (TrueBlue), and Virgin Atlantic (Flying Club). Marriott is a hotel partner of both. For shared partners, transfer ratios are typically 1:1 from both currencies, so the earning rate on your card matters more than the transfer itself.
Is it better to use points through the travel portal or transfer to partners?▾
It depends on the booking. Portal redemptions are simpler and guarantee a fixed rate (1.25 cpp for CSP, 1.0 cpp for Amex). Transfer partner redemptions require more research but can deliver 2-5x the value on premium cabin flights and hotel stays. For economy flights and standard hotels, the portal is often competitive. For business or first class, transfers almost always win.

Related Pages

Rewards ComparisonTravelBoth Cards StrategySign-Up BonusBest Travel Rewards Cards

Updated 11 April 2026