You need 100 Chase points for $1 when redeeming for cash back, travel, gift cards, shopping or experiences with most Chase credit cards. Some Chase travel rewards cards give extra value when you redeem for travel through Chase Ultimate Rewards.
For example, Chase points are worth 25% more toward travel through Chase Ultimate Rewards for people who have the Chase Sapphire Preferred Card or the Ink Business Preferred Credit Card. They're worth 50% more with the Chase Sapphire Reserve.