Ultimate Rewards Drops Partner Korean Aug 25: Reasons to Transfer Now

Ultimate Rewards, the rewards currency of various Chase credit cards, transfer to nine airline loyalty programs...

Aer Lingus

British Airways

Iberia

Korean Air

Singapore Airlines

Southwest Airlines

United Airlines

Virgin Atlantic

Flying Blue (Air France, KLM)

...and three hotel programs.

Hyatt Gold Passport
IHG
Marriott Rewards

As of August 25, you can cross Korean Air off of that list.
How bad is this?
First Class flyers to Asia are probably pretty pissed off.

Maximizing Ultimate Rewards: Wrap Up & Index

This is the final post in a series about how to maximize value when transferring your Chase Ultimate Rewards to airline loyalty program partners. 
Maximizing Your Ultimate Rewards Series Index

Maximizing Ultimate Rewards: United MileagePlus
Maximizing Ultimate Rewards: Singapore Krisflyer #1
Maximizing Ultimate Rewards: Singapore Krisflyer #2 
Maximizing Ultimate Rewards: Korean SkyPass #1
Maximizing Ultimate Rewards: Korean Skypass #2
Maximizing Ultimate Rewards: Korean Skypass #3
Maximizing Ultimate Rewards: British Airways Avios 
Maximizing Ultimate Rewards: Flying Blue
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #1
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #2
Maximizing Ultimate Rewards: Southwest Rapid Rewards
Maximizing Ultimate

Maximizing Ultimate Rewards: Korean Skypass #3

This post is part six of a series about how to maximize value when transferring your Chase Ultimate Rewards to loyalty program partners. 
Maximizing Your Ultimate Rewards Series Index

Maximizing Ultimate Rewards: United MileagePlus
Maximizing Ultimate Rewards: Singapore Krisflyer #1
Maximizing Ultimate Rewards: Singapore Krisflyer #2 
Maximizing Ultimate Rewards: Korean SkyPass #1
Maximizing Ultimate Rewards: Korean Skypass #2
Maximizing Ultimate Rewards: Korean Skypass #3 (this post)
Maximizing Ultimate Rewards: British Airways Avios (future post)
Maximizing Ultimate Rewards: Flying Blue (future post)
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #1(future post)
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #2 (future

Maximizing Ultimate Rewards: Korean Skypass #2 (on SkyTeam Partners)

This post is part five of a series about how to maximize value when transferring your Chase Ultimate Rewards to loyalty program partners. 
Maximizing Your Ultimate Rewards Series Index

Maximizing Ultimate Rewards: United MileagePlus
Maximizing Ultimate Rewards: Singapore Krisflyer #1
Maximizing Ultimate Rewards: Singapore Krisflyer #2 
Maximizing Ultimate Rewards: Korean SkyPass #1
Maximizing Ultimate Rewards: Korean Skypass #2 (this post)
Maximizing Ultimate Rewards: Korean Skypass #3 (future post)
Maximizing Ultimate Rewards: British Airways Avios (future post)
Maximizing Ultimate Rewards: Flying Blue (future post)
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club

Maximizing Ultimate Rewards: Korean SkyPass #1

This post is part four of a series about how to maximize value when transferring your Chase Ultimate Rewards to loyalty program partners. 
Maximizing Your Ultimate Rewards Series Index

Maximizing Ultimate Rewards: United MileagePlus
Maximizing Ultimate Rewards: Singapore Krisflyer #1
Maximizing Ultimate Rewards: Singapore Krisflyer #2 
Maximizing Ultimate Rewards: Korean SkyPass #1 (this post)
Maximizing Ultimate Rewards: Korean Skypass #2
Maximizing Ultimate Rewards: Korean Skypass #3
Maximizing Ultimate Rewards: British Airways Avios 
Maximizing Ultimate Rewards: Flying Blue
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #1
Maximizing Ultimate Rewards: Virgin Atlantic Flying Club #2
Maximizing Ultimate Rewards: Southwest Rapid Rewards
Maximizing

Guide to Booking Delta Flights to Hawaii for 25,000 Korean Miles Roundtrip, 45k in First

Updated heavily 1/13/17 since you can now book these awards online.

It is cheaper to book the exact same Delta flights to Hawaii with Korean miles than with Delta miles.

Delta charges 22,500 miles each way in economy and 40,000 miles in First Class between the mainland and Hawaii or 50,000 in flat bed Delta One
Korean charges 25,000 miles roundtrip in economy and 45,000 miles roundtrip in First Class or Delta One between the mainland and Hawaii

That’s a humongous difference.

Korean.com Now Allows SkyTeam Bookings [HUGE!]

You can now book SkyTeam partner airlines' award seats on koreanair.com; previously you had to call in.

This is huge news because it makes booking 25,000 mile roundtrip awards to Hawaii much easier! This is also the new easiest way to book China Southern and China Eastern First Class.

Korean SkyMiles--a 1 to 1 transfer partner of Chase Ultimate Rewards--is mainly famous for two things:

Ridiculously cheap awards on Delta planes to Hawaii. Korean charges just 25,000 miles roundtrip in economy and 45,000 in First Class including flat beds.

Miles With Free (or Almost Free) Change & Cancellation Fees

There are lots of obvious reasons why miles are better than cash, like the ability they give us to book mini palaces on planes that look like this...

Etihad First Class Apartment on an A380

...or the loose routing/stopover/open jaw rules of some programs that allow us to see more places on one trip.

But what about the smaller perks we often overlook? Like free or nearly free change and cancellation fees?

Tons of Award Space Direct from New York to Honolulu for 25,000 Miles Roundtrip

Delta will operate a nonstop flight between New York (JFK) and Honolulu from December 17, 2016 to March 25, 2017 five day a week (not Tuesday or Wednesday.)

Delta doesn't publish its award chart, but it still has a secret award chart. The cheapest awards from the mainland United States to Hawaii are 22,500 Delta miles one way. But we can do a lot better than that.

Every day that Delta offers award space on this route for 22,500 miles one way, we can book it for 25,000 Korean miles roundtrip.

Devaluations Make Korean and Singapore Miles Relatively Better for Premium Awards

Korean Airlines releases the most First Class award space of any airline for a fantastic First Class product. All five possibilities are fully flat beds. Korean miles are the main way to book Korean First Class. (Delta miles cannot book partner First Class.)

Singapore Suites is even more luxurious, possibly the most luxurious First Class in the world, and the only one that allows two suites to be combined into a flying double bed. Singapore miles are the only way to book Singapore Suites.

In my mind, the problem with Korean First Class and Singapore Suites is the cost.