Forum Thread

Chase freedom Important Changes to Your Rewards Program

snigam78 40 54 August 25, 2016 at 07:37 AM in Finance

Thread Details

Just got an email.

We are making changes to the Chase Ultimate Rewards® Amazon Shop with Points1 program.
• Beginning September 1, the redemption value for $1 is changing from 100 points to 125 points. This change does not impact the Rewards Visa card.
• Your points will no longer be deducted when your purchase ships; they will be debited at the time your order is placed.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.



Sign up for a Slickdeals account to remove this ad.

Reply Helpful Comment? 0 0
Joined Oct 2009
If It's Free, It's for Me
1,486 Posts
359 Reputation
Old news bruh, but helpful to those who are didnt know.
Reply Helpful Comment? 0 0
I heard this awhile back and it makes no sense. Who would ever redeem for an amazon card now?
Reply Helpful Comment? 0 0
Made no sense at 100 pts = $1 since redeeming for statement credit was better than redeeming for amazon purchases and not getting points for these purchases.

My guess for moving to 125 pts = $1 is that they just wanted to make it more obvious that you were not supposed to redeem these points for amazon credit.

Either way, a bad conversion option getting worse... nothing to see. Move on.
Reply Helpful Comment? 0 0
Joined Nov 2009
Such deal. Much savings.
1,370 Posts
364 Reputation
I wonder if they have metrics (I'm sure they do internally) on how many people convert points towards purchases. A sucker's game at 1:1, at 1:1.25 it's just mind boggling.
Reply Helpful Comment? 0 0
Joined Mar 2005
L5 Space Station Citizen
4,395 Posts
689 Reputation
Thumbs down not for the post, but for the change Frown

Thanks I didn't know this. I'll shift my spending to another CC
Reply Helpful Comment? 0 0
Page 1 of 1
Join the Conversation
Add a Comment
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)  •  Interest-Based Ads
Link Copied to Clipboard