Chase Ultimate Rewards  has just launched a new transfer bonus to Southwest Rapid Rewards, which is only the second time in over five years that we’ve seen a transfer bonus between the two programs. On the surface this is even better than the previous transfer bonus we saw, though admittedly the value of Rapid Rewards points has probably declined a bit. Chase offering 30% bonus on Southwest points transfers This is a noteworthy and rare transfer bonus! Bottom line Chase offering 30% bonus on Southwest points transfers Between May 15 and June 5, 2026, you can receive a 30% bonus when you transfer Chase Ultimate Rewards points to Southwest Rapid Rewards. Transfer Chase points to Southwest with a 30% bonus Points ordinarily transfer at a 1,000:1,000 ratio, so with this offer, points transfer at a 1,000:1,300 ratio. You can take advantage of this an unlimited number of times. Transfers from Chase Ultimate Rewards to Southwest Rapid Rewards are typically instant .…