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Chase has announced that Korean Air will no longer be an Ultimate Rewards transfer partner effective August 25, 2018. For anyone that has redeemed with Korean, this is a definite hit to the value of Ultimate Rewards.
The move is disappointing since Korean Air has some great redemption sweet spots, including flights to Europe on Sky Team partners, as well as some of the best value on flights to Hawaii.
Couple good redemption value with a relatively easy and straightforward process for award redemptions, and family pooling, and it becomes clear how big of a hit this move by Chase is.
Our Take
However you look at it, this is terrible news. If you are a diehard Korean Air fan looking to build a mileage balance, you'll need to look to one of the co-brand credit cards issued by US Bank, or transfer points from another transfer partner, such as Marriott Rewards.
Source: Point Me To The Plane
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