Chase Ultimate Rewards has GAP gift cards for 20% off (can be used at Old Navy, Banana Republic)

anyone want to sell their UR point for 30% over their value and get cash? PM me.

Oh damn! I just bought several stuff at Gap and Banana Republic with their 40% off deal stacked with the 15% off $75 purchase. I wish I saw this last Tuesday when OP posted it or it would saved me even more. But then again, I should have just bought from PlasticJungle...didn't even think about that when I bought stuff the other day and used all my remaining Gift cards but I could have used more gift cards bought from PJ and then get more cashback from ShopDiscover (5%) or Chase and Mr.re-bates (3%)

Quote from iridium : anyone want to sell their UR point for 30% over their value and get cash? PM me.

LOL what about the 10% over the value you try to offer me?

Quote from denny888 : It largely depends on whether you have the sapphire or ink bold card. Do you have of these? If so, the ability to transfer them to mileage/hotel points can easily convert their value to more than 2cpp.

And if you don't? For example, Chase Freedom.

Quote from tadc : And if you don't? For example, Chase Freedom.

See the posts above. The BB thanksgiving sale, for example, is a great redemption.

Quote from funkmasterta : Ahhh, ok, I have sapphire.

I read some posts on boarding area on how to maximize UR points when you have a sapphire or a bold. Here's one example: I'm going to bali in a couple of months and the Hyatt Hotel runs for about $170 during these times. I'm redeeming 5000 points per night. You do the math, but this sure seems like a better redemption than an extra 25% off on gift cards!

Quote from denny888 : See the posts above. The BB thanksgiving sale, for example, is a great redemption.

I see, thanks for the reply.

So the way I see it this is really apples-and-oranges... the BF deals referenced are only for a pretty specific list of (probably high-margin) items. If you don't happen to be in the market for those particular items, you're going to end up getting a "great deal" on something you wouldn't necessarily have bought, so getting half off of something that costs 25% more than I would have otherwise spent isn't that great of a deal.

It's not really comparable to getting nn% off a gift card that you can use for anything in a store (and that, in turn, is not directly comparable to getting straight-up cash or cash-equivalent).

So that all being said, what are the best deals you can get for gift card redemption? From what I've seen 20-40% from time to time is about it.

Quote from tadc : I see, thanks for the reply. So the way I see it this is really apples-and-oranges... the BF deals referenced are only for a pretty specific list of (probably high-margin) items. If you don't happen to be in the market for those particular items, you're going to end up getting a "great deal" on something you wouldn't necessarily have bought, so getting half off of something that costs 25% more than I would have otherwise spent isn't that great of a deal. It's not really comparable to getting nn% off a gift card that you can use for anything in a store (and that, in turn, is not directly comparable to getting straight-up cash or cash-equivalent). So that all being said, what are the best deals you can get for gift card redemption? From what I've seen 20-40% from time to time is about it.

Again, it doesn't make sense to waste your UR points on a gift card that can be purchased for the same amount. Search for these gift cards on gift card granny, save your UR points for a time when you can redeem it for more than 2cpp.

Quote from denny888 : Again, it doesn't make sense to waste your UR points on a gift card that can be purchased for the same amount. Search for these gift cards on gift card granny, save your UR points for a time when you can redeem it for more than 2cpp.

Not trying to be argumentative but I don't see much on GCG that is offering better than 20% (JC Penny is the only exception I saw).

Also there's the opportunity cost to be considered.. if you "save" all your points waiting for a better deal to come along, you might be waiting a long time and you're losing the opportunity to actually use them. Not to mention the potential risk of fraud related to GC reselling...

Quote from tadc : Not trying to be argumentative but I don't see much on GCG that is offering better than 20% (JC Penny is the only exception I saw). Also there's the opportunity cost to be considered.. if you "save" all your points waiting for a better deal to come along, you might be waiting a long time and you're losing the opportunity to actually use them. Not to mention the potential risk of fraud related to GC reselling...

You either have an extremely high discount factor or you can't get creative enough to find more usage for your points. On this note, gift cards are subject to the same discounting (unless you absolutely need to satisfy your penchant for subpar, Paskitani-made clothes).

Quote from denny888 : You either have an extremely high discount factor or you can't get creative enough to find more usage for your points. On this note, gift cards are subject to the same discounting (unless you absolutely need to satisfy your penchant for subpar, Paskitani-made clothes).

Again not trying to be argumentative but I'm having trouble making sense of this comment.

What's an "extremely high discount factor"?

"Gift cards are subject to the same discounting" as what?

I'm trying to find more creative/efficient ways to use my points... that's why I'm here talking to you.

Plastic Jungle and Cardpool are selling Gap GCs for 20% discount, it doesn't make sense to use your UR points when you can use those points for something else. Something which I should have done last year or I would have bought more and more expensive stuff from Best Buy. The BB BF deal using UR gives you 25% or more discount (no tax, free shipping!) and you can always return the items to get the full value including the tax! I received $500 worth of BB GCs which I used to buy Amazon GCs at the store that I will then use to purchase a Panasonic 55" VT50 Plasma HDTV on Amazon. SLICK!!

Quote from tadc : Again not trying to be argumentative but I'm having trouble making sense of this comment. What's an "extremely high discount factor"? "Gift cards are subject to the same discounting" as what? I'm trying to find more creative/efficient ways to use my points... that's why I'm here talking to you.

TADC - If you want to sell your UR points to me, I'm happy to give you 1.2cents for every point. I'll ask you to transfer it to my Hyatt account, and I'll paypal you the money. Do you have the sapphire or ink bold? You need one of these to transfer UR points to airlines and hotels. Let me know.

I'm willing to pay a premium for chase points if anyone is interested PM me.