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What do you do with your chase freedom points?

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I never use mine and it just sits there hoping for some good deal to use them. Any advice?
Created 01-07-2020 at 03:39 PM by dealnewb
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Joined Nov 2013
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#2
Quote from dealnewb
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I never use mine and it just sits there hoping for some good deal to use them. Any advice?
Option 1:
The best option to redeem it is to transfer Ultimate Rewards points to 10 airline programs (British Airways, Flying Blue, JetBlue, Emirates, Singapore Airlines, Southwest, United, Virgin Atlantic, Aer Lingus and Iberia) and three hotel programs (Hyatt, IHG, and Marriott). All transfer ratios are 1:1, and you must transfer in 1,000-point increments. Usually there are some promotions going on for such transfers. Recently there was 30% bonus on transfers to British Airways Avios.

Option 2:
Book travel through the Chase Ultimate Rewards Travel Portal and redeem points to pay for your plane tickets, hotel stays, rental cars or experiences. If you only hold a Chase Freedom, Ink Business Unlimited, Ink Business Cash or Freedom Unlimited, all points are worth one cent each. As a holder of the Chase Sapphire Preferred or the Ink Business Preferred, each point is worth 1.25 cents (so a $100 hotel room would only cost 8,000 points). If you have the Chase Sapphire Reserve, your points are worth 1.5 cents apiece toward redemptions through the portal.

If you hold multiple cards that earn Ultimate Rewards points, you can combine your points in the account of whichever card makes points the most valuable.

Option 3:
Cash back/gift cards— Earn credit on your statement at a flat rate of 1 cent per point. You can also redeem toward third-party gift cards at a rate of 1 cent per point.

I would go with option 1 or 2 (if you have the other cards - Ink, Preferred, Reserve)
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Joined Oct 2004
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#3
Allow them to accumulate, purchase something I want, but do not really need. IE techie gadgets or toys.. Get points applied to bill.
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