What is Chase Ultimate Rewards's devaluation history?
Chase Ultimate Rewards last devalued on 19 December 2025 (290 days ago). 1 recorded devaluation and 0 enhancements since 2025.
Value of 100,000 Chase Ultimate Rewards points in USD
Valuations: Miles Mosaic reference table, snapshotted monthly. Points with no snapshot are estimated from recorded events and labelled as estimates (dashed).
Full history
Announced 19 Dec 2025 · Effective on announcement
Chase quietly reduced the Sapphire Reserve Points Boost guaranteed rate for The Edit hotel portfolio from a flat 2 cents per point to a variable rate of up to 2x, with some properties pricing near 1.65 cents per point
Source: Thrifty Traveler, verified 7 Aug 2026
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