I get it — transferring your points sounds scary. But it’s really important for getting the most value from the points and miles you have. Say I want to fly from San Francisco to Rome in economy on July 16. Booking through the Chase Travel portal, which gives me a fixed value of 1 cent per point, I can pay 143,850 Ultimate Rewards points for this United flight. Or, I could transfer my points to United and book the exact same flight for 40,000 MileagePlus miles.