J.P. Morgan Wins Best Broker for Investing Credit Card Rewards in 2026

Americans earn tens of billions of dollars in credit card rewards each year. And a big chunk of it never gets used. In 2022, roughly $6 billion in rewards went unredeemed, according to Motley Fool Money research.

Now there’s a fresh way to put those idle points to work.

J.P. Morgan just rolled out a feature that turns Chase Ultimate Rewards points into cash you can invest. My team at Motley Fool Money reviews brokers and card programs all year, and this one caught our eye.

That’s why we named J.P. Morgan Self-Directed Investing our Best Broker for Investing Credit Card Rewards for 2026. Here’s how it works, and whether it’s worth doing.

How J.P. Morgan’s invest-your-points feature works

You can redeem Chase Ultimate Rewards points for cash, and that cash drops into an eligible J.P. Morgan investment account.

This feature is now live, and works with the eligible Chase cards that earn Ultimate Rewards points. Chase Sapphire, Freedom, and Ink Business cards all qualify.

Setting it up takes a couple of minutes inside the app or on the website:

• Log in to Chase.com or the Chase Mobile app
• Go to your Ultimate Rewards section, and pick “Invest Your Points”
• Choose the amount you want to redeem (points are worth $0.01 each)
• Select your eligible J.P. Morgan investment account and submit

Your points will instantly transfer and show up as cash. Then you can invest the money how you normally would.

Why it won our 2026 award

J.P. Morgan is one of the largest financial institutions in the world, and it’s a good fit for beginners and seasoned investors alike.

My team and I review a ton of brokers each year. And we really only hand out awards to a few of them that provide exceptional value. J.P. Morgan is one of them, even before the points feature arrived.

There’s no account minimum, unlimited commission-free online stock and ETF trades, and fractional shares from just $5. It also holds our 2026 award for Best Stock Broker for Mutual Funds.

Opening an account costs nothing, so there’s little reason to wait. If you’ve got points sitting idle, this is an easy place to start putting them to work. Click “Learn More” below to get started.

What your points could grow to once they’re invested

Most people cash out rewards for a statement credit or redeem them for travel. That’s fine, but the value is what it is at the time and that’s it.

For example, redeeming 50,000 points at $0.01 each means $500 in value.

But investing that cash grows the value more over time.

Let’s assume you use the invest-your-points feature and put that $500 to work in the stock market. Growing at an average of 10% per year, it would be worth $800 in five years, or around $1,300 in 10 years.

The best part is how little it asks of you. You earned these points on spending you were already doing, so investing them costs nothing extra.

Redeeming points isn’t the only way to get a head start with a new account. J.P. Morgan is also running a cash bonus promotion of up to $1,000 when you fund one with qualifying new money from outside J.P. Morgan Chase.

The bonus amount scales with how much you deposit after opening your account. The full $1,000 takes a serious transfer, while smaller amounts earn smaller bonuses, starting around $5,000 in new money.

Just know that redeemed points don’t count toward it — this money has to come from outside the bank.

Read our full J.P. Morgan Self-Directed Investing review for the complete breakdown.