Heads up, award travelers! Chase Ultimate Rewards is running a limited-time promo where you can snag a 70% bonus when you transfer your Chase points to Marriott Bonvoy. That means for every 1,000 Chase points you transfer, you'll get 1,700 Marriott points instead of the usual 1,000. The deal's good until August 14, 2024, so act fast if you're tempted!

Now, before you jump for joy and start transferring all your points, here's the catch: While a 70% bonus sounds amazing, Marriott points generally aren't as valuable as Chase Ultimate Rewards points. Chase points offer flexibility across various airlines and hotels and often provide better redemption rates. Think of it this way: you might get more value using those Chase points for a fancy flight than for a Marriott stay.

Essentially, unless you're just a few Marriott points shy of booking that dream vacation or have a very specific Marriott redemption in mind where this bonus makes a huge difference, you're probably better off holding onto your Chase points. They offer more versatile redemption options in the long run. So, do the math before you transfer!