Chase has quietly launched its most generous Marriott Bonvoy transfer bonus ever: until Oct. 15, every Chase Ultimate Rewards point you move to Marriott arrives with a 70% top-up. Transfer 100,000 points and you'll land 170,000 Bonvoy points instead of the usual 100,000. It matches the biggest bonus ever offered on this route, which makes it worth a look if you've been eyeing a specific Marriott redemption.

The sweet spots are tempting. The Walt Disney World Swan Reserve, walkable or a free boat ride from Hollywood Studios and Epcot, drops to about 36,000 transferred Chase points a night on dates priced at 60,000 Bonvoy points. Overwater bungalows at The Westin Bora Bora Resort & Spa, normally from around 84,000 Bonvoy points, start near 50,000 transferred points. In Honolulu, the Laylow Waikiki and the historic Moana Surfrider both dip to roughly 34,000 transferred points on their cheapest nights. And in New York, the Ritz-Carlton NoMad and the St. Regis start around 60,000 and 63,000 transferred points respectively — luxury rooms that usually cost well over a thousand dollars cash.

Before you move anything, though, do the maths. Transfer bonuses are one-way streets, and Chase points are generally worth more than Marriott points. Based on The Points Guy's valuations, a Chase point is worth about 2.05 cents while a Bonvoy point is worth roughly 0.75 cents — so even with the boost, you're converting 2.05 cents of value into about 1.3 cents. That can still be a win if the specific hotel you want is expensive on points-friendly nights, but not always.

A quick comparison method: check the cash rate, check the price through Chase Travel (where points may be worth 1 to 2 cents depending on your card and Points Boost eligibility), then take the Marriott award price, divide by 1.7, and see how many Chase points the transfer would cost. Pick the cheapest route. Also note that Marriott gives you the fifth night free on five-night point redemptions, which tilts the maths further toward transferring for longer stays — but resort and destination fees still apply on award nights, so factor those in.

The best use case is topping off. If you already hold most of the Bonvoy points for a particular stay, a 70% bonus is a cheap way to close the gap. Avoid hoarding transferred points speculatively; Marriott award pricing shifts, and points parked there earn their keep only when booked.

If you're short on Chase points, current card welcome offers — 75,000 points on the Sapphire Preferred, 100,000 on the Sapphire Reserve, and 200,000 on the Reserve for Business — could stock you up, though spending requirements apply and you'd want to move fast to hit the Oct. 15 deadline for this bonus.

Bottom line: run your award searches now, compare against cash and Chase Travel prices, and transfer only when the numbers clearly favour it.