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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You don't have to use the portal - in face it is often a bad deal to do so.  You can transfer points to United, Southwest, KLM/Airfrance, Hyatt and many more.  Very flexible program.[/quote]

But, if you use the Chase portal, don’t you get a 50% bonus (or discount) on your points? I thought that was one of the key benefits of the CSP card. [/quote]

Yes, but not against a straight points transfer. It's 1.25 cents:1 point value for booking travel. So a $500 flight would cost you 40,000 Chase points booked through the portal (if you have Preferred. If it's Reserve it's 1.5:1, so would be 33k points).

But that means you have established Chase as your travel agent so now anything about changes, cancellations, you have to go through them, and they have to work with the airline. Stories abound of ticketing issues because of adding the intermediary. Much much better to book directly with the airline.

Points transfers to airlines (like United) generally can get 1.5-2 cents/points value by booking award tickets. The other day I booked a one way United flight (pretty last minute) that was going to cost $350, instead it was 15k United miles, which I transferred from 15k Chase points. So that was 2.3 cents/point value. That value of course isn't fixed because it constantly shift depending on current cost of the flight in cash versus miles. But usually you can beat 1.25:1 pretty consistently, and you book direct, so for most you end up getting more value with transfers.

But it's a learning curve understanding where to get best value with all the transfer partners, so may not be worth the effort for everyone.[/quote]

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