Advertiser Disclosure

How to Transfer Chase Ultimate Rewards Points to Korean Air SKYPASS Points

March 13, 2015
Airline Credit Cards, Credit Cards, Rewards Credit Cards
How to Transfer Chase Ultimate Rewards Points to Korean Air SKYPASS Points
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

Globetrotters, take note: As of Jan. 26, 2015, you can once again transfer your Chase Ultimate Rewards Points to Korean Air SKYPASS points.

SKYPASS points can be redeemed for flights through Korean Air, 20 airline partners and four affiliate carriers, giving you lots of choices. It’s easy to transfer your Ultimate Rewards points to SKYPASS points, but redeeming SKYPASS points is a little more tedious. That’s where we come in to help.

Here’s how you can earn Chase Ultimate Rewards points and use them to book your next trip with Korean Air SKYPASS:

Sign up

The first thing you need is a Chase card that earns Ultimate Rewards points. Our Chase Ultimate Rewards review gives you a rundown of current cards that earn these points, but among the most noteworthy are the Chase Sapphire Preferred® Card and the Ink Business Preferred℠ Credit Card. Consider applying for one of these cards if you do a lot of traveling — either on business trips or personal vacations.

You can redeem these points for lots of things, but if you want to get the most bang for your buck, airline points are often the way to go.

Check for availability

Point transfers aren’t reversible, so don’t bank on tickets being available without checking — especially when booking flights to popular destinations. Keep in mind that the rules for redeeming SKYPASS points are different depending on whether you’re booking though Korean Air, a SkyTeam partner or an affiliate carrier. So if you can get a better deal by switching airlines, consider making the change. Remember: You can only redeem your SKYPASS points for yourself and your family members.

You can book Korean Air flights online, but for partner flights, you’ll have to call the U.S. phone line for Korean Air at 1-800-438-5000. When calling, check for scheduling availability and verify the number of points you’ll need. Ask for the representative to put the tickets on hold for you while you transfer your Chase Ultimate Rewards points.

Nerd note: You can only book round-trip tickets when booking through a SkyTeam partner, so make sure you have enough points before making a transfer. Keep in mind that you’ll still have to pay other government fees, taxes and carrier-imposed charges, too. For international trips, these may add up to a few hundred dollars.

Transfer your points

To use your Chase Ultimate Rewards points, log on to your Ultimate Rewards account and select “Transfer Points” at the top of the home page. After that, select Korean Air SKYPASS and transfer the number of points needed to get your ticket. Ultimate Rewards points transfer to SKYPASS points at a 1:1 value, so for 45,000 Ultimate Rewards points, you can get 45,000 SKYPASS points.

In most cases, the points will transfer on the same day you make the request. You can check to see if the transfer is complete by logging onto Korean Air’s SKYPASS page and seeing how many points you have.

Send in the paperwork and call back

Korean Air will send you forms to complete and email back. You’ll also have to provide copies of passports for yourself and any family members who are also flying with your SKYPASS awards. Once your points transfer is complete and you’ve emailed the paperwork, call Korean Air again and confirm your trip. After you pay the taxes and fees on your tickets, your SKYPASS portal should show that your miles were redeemed for airline tickets.

Claire Davidson is a staff writer covering personal finance for NerdWallet. Follow her on Twitter @ideclaire7 and on Google+.

Image via iStock.