Emirates Skywards removed as transfer partner

Effective 12:00 a.m. ET on October 16, 2025, Chase Ultimate Rewards ended points transfers to Emirates Skywards, removing the partner entirely rather than cutting the ratio. The change was disclosed via a notice quietly added to Chase's transfer page in mid-August 2025, giving members roughly two months' notice. It followed Citi and American Express reducing their Emirates transfer ratios from 1:1 to 5:4 earlier in 2025; Chase reportedly preferred dropping the partner to offering a below-1:1 ratio. The removal left Capital One and Bilt as the remaining major US transfer routes to Emirates at the time.

What to do: Chase members wanting Emirates awards must now route points through other currencies such as Bilt.