Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
forum thread Posted by tenderidol • Feb 4, 2021
  1. Deal Image
Item 1 of 1
forum thread Posted by tenderidol • Feb 4, 2021

Chase Ultimate Rewards - Select Gift Cards are 10% off - Home Depot, GAP, Sephora, CVS and more

25 Comments 31,419 Views
Good Deal
Save
Share
Deal Details
A few gift cards for Chase Ultimate Rewards are on sale at 10% off. If you're not traveling (like the rest of us) and need to spend at any of these establishments, 10% could help.
  • Home Depot
  • Happy Moments (The Cheesecake Factory, Red Lobster, Buffalo Wild Wings, Macy's, Ulta Beauty, Bed Bath & Beyond, Regal Cinemas)
  • GAP, Banana Republic, Old Navy, Athleta
  • Sephora
  • Bath and Body Works
  • Outback Steakhouse
  • CVS
  • Domino's
  • Topgols
  • Hello Fresh
  • SpaFinder
  • Jiffy Lube
  • Build-a-Bear Workshop
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
A few gift cards for Chase Ultimate Rewards are on sale at 10% off. If you're not traveling (like the rest of us) and need to spend at any of these establishments, 10% could help.
  • Home Depot
  • Happy Moments (The Cheesecake Factory, Red Lobster, Buffalo Wild Wings, Macy's, Ulta Beauty, Bed Bath & Beyond, Regal Cinemas)
  • GAP, Banana Republic, Old Navy, Athleta
  • Sephora
  • Bath and Body Works
  • Outback Steakhouse
  • CVS
  • Domino's
  • Topgols
  • Hello Fresh
  • SpaFinder
  • Jiffy Lube
  • Build-a-Bear Workshop

Community Voting

Deal Score
+20
Good Deal

Leave a Comment

Unregistered (You)

25 Comments

Sign up for a Slickdeals account to remove this ad.

Feb 4, 2021
346 Posts
Joined Oct 2012
Feb 4, 2021
In4One1
Feb 4, 2021
346 Posts

Our community has rated this post as helpful. If you agree, why not thank In4One1

IMO this is a very bad way to use points. You get a lot of value using it for travel. Especially through airline/hotel transfer partners. With lack of travel due to Covid and your circumstance could be different. To each their own.
2
4
Feb 4, 2021
773 Posts
Joined Jan 2008
Feb 4, 2021
aapocketz
Feb 4, 2021
773 Posts
Quote from In4One1 :
IMO this is a very bad way to use points. You get a lot of value using it for travel. Especially through airline/hotel transfer partners. With lack of travel due to Covid and your circumstance could be different. To each their own.
In my experience I have gotten some good deals using reward points for Hyatt (though Hyatt blacks out lots of dates usually for points in my experience), maybe a flight that happened to be somewhere I was going that took points. But its somewhat more complicated, whereas this is pretty easy. If you know of easier ways to get value out, please share!
Original Poster
Feb 4, 2021
19,681 Posts
Joined Feb 2006
Feb 4, 2021
tenderidol
Original Poster
Feb 4, 2021
19,681 Posts

Our community has rated this post as helpful. If you agree, why not thank tenderidol

As I said in the first post, if you're not traveling (e.g., airline and hotel use is out of the picture), this is pretty straightforward.
1
Feb 4, 2021
499 Posts
Joined Aug 2006
Feb 4, 2021
dwkor
Feb 4, 2021
499 Posts
If you want to burn UR points to gift cards, the better way is buying them in grocery stores paying yourself back with UR. You'll get 1.5X redemption rate for points (effectively 33% discount) + up to 3X UR points for grocery store purchases ($1,000 per month till end of April).
Feb 4, 2021
2,546 Posts
Joined Apr 2013
Feb 4, 2021
View92612
Feb 4, 2021
2,546 Posts
Quote from dwkor :
If you want to burn UR points to gift cards, the better way is buying them in grocery stores paying yourself back with UR. You'll get 1.5X redemption rate for points (effectively 33% discount) + up to 3X UR points for grocery store purchases ($1,000 per month till end of April).
You beat me to it. For people who have CSR(Chase Sapphire Reserve) it is much better to get free groceries. IMO its better and more flexible than any travel redemption. The PYB offer as of now is only available for a limited time so best to use it while it lasts.
Feb 4, 2021
499 Posts
Joined Aug 2006
Feb 4, 2021
dwkor
Feb 4, 2021
499 Posts
Quote from View92612 :
You beat me to it. For people who have CSR(Chase Sapphire Reserve) it is much better to get free groceries. IMO its better and more flexible than any travel redemption. The PYB offer as of now is only available for a limited time so best to use it while it lasts.
I guess, the way how people treat UR points differentiate optimists and pessimists. Smilie I believe that we are going to resume traveling sooner than later and would bank points for now.

In either case, if travel is not going back to normal soon, Chase and others would have to continue offering something to offset travel benefits. Just to avoid massive cancellations.
Feb 4, 2021
559 Posts
Joined May 2011
Feb 4, 2021
8ajula
Feb 4, 2021
559 Posts
Quote from dwkor :
If you want to burn UR points to gift cards, the better way is buying them in grocery stores paying yourself back with UR. You'll get 1.5X redemption rate for points (effectively 33% discount) + up to 3X UR points for grocery store purchases ($1,000 per month till end of April).
Currently, the category for Pay Yourself Back is: select charitable organizations.

How are you getting grocery stores?

edit: I have Freedom cards
Last edited by 8ajula February 4, 2021 at 06:47 AM.

Sign up for a Slickdeals account to remove this ad.

Feb 4, 2021
3,480 Posts
Joined Oct 2012
Feb 4, 2021
SturgeonGeneral
Feb 4, 2021
3,480 Posts
Quote from 8ajula :
Currently, the category for Pay Yourself Back is: select charitable organizations.

How are you getting grocery stores?

edit: I have Freedom cards
CSR. PYB works for grocery. 1.5x value on points.
Feb 4, 2021
1,164 Posts
Joined Feb 2007
Feb 4, 2021
iceberg11
Feb 4, 2021
1,164 Posts
What others have said is correct, getting 1.1 cents for your UR points are poor value considering there are many other ways to get better values between pay yourself back on groceries/restaurants or travel. I redeemed about $2000 from groceries and restaurant over the past few months due to not being able to travel. If you don't have a Chase Sapphire Reserve (1.5c) or Chase Sapphire Preferred (1.25c), getting one would get you more than the annual fee back for now if you have a bunch of UR points then cancel after.

Another thing you can do is build up a stack of UR points, then apply for one of those cards when you have enough to make sense then take advantage of the increase value of UR.
Feb 4, 2021
2,546 Posts
Joined Apr 2013
Feb 4, 2021
View92612
Feb 4, 2021
2,546 Posts
Quote from dwkor :
I guess, the way how people treat UR points differentiate optimists and pessimists. I believe that we are going to resume traveling sooner than later and would bank points for now.

In either case, if travel is not going back to normal soon, Chase and others would have to continue offering something to offset travel benefits. Just to avoid massive cancellations.
Well, PYB is more flexible because you can use it at any grocery purchases even for local non-chain stores and that includes any Instacart orders and Whole Foods Market pickup/deliveries via Amazon(also coded as groceries). To redeem for 1.5+ on travel you have to use Hyatt point transfer or book travel with Ultimate Rewards, which limits your options and may or may not give the best prices. Ya, there are options to transfer to miles for even higher value of those are even less flexible due to date restrictions. So basically trading flexibility for more value.
Quote from 8ajula :
Currently, the category for Pay Yourself Back is: select charitable organizations.

How are you getting grocery stores?

edit: I have Freedom cards
He's talking about CSR...
Feb 4, 2021
499 Posts
Joined Aug 2006
Feb 4, 2021
dwkor
Feb 4, 2021
499 Posts
Quote from 8ajula :
Currently, the category for Pay Yourself Back is: select charitable organizations.

How are you getting grocery stores?

edit: I have Freedom cards
Good point, I forgot that pay-yourself-back is not offered in lower-tier cards.

One thing to keep in mind that if you have multiple UR cards, you can move points in between them. It may make sense to get some cards with $95 annual fee (CSP, Ink Preferred) to get 1.25UR pay-yourself-back offer.
Feb 4, 2021
559 Posts
Joined May 2011
Feb 4, 2021
8ajula
Feb 4, 2021
559 Posts
Quote from iceberg11 :
... If you don't have a Chase Sapphire Reserve (1.5c) or Chase Sapphire Preferred (1.25c), getting one would get you more than the annual fee back for now if you have a bunch of UR points then cancel after.

Another thing you can do is build up a stack of UR points, then apply for one of those cards when you have enough to make sense then take advantage of the increase value of UR.
Are you not worried about any negative effects of canceling cards?

I have a few cards that I do not use, but I don't cancel them because some say it negatively impacts score.
Feb 4, 2021
559 Posts
Joined May 2011
Feb 4, 2021
8ajula
Feb 4, 2021
559 Posts
Quote from dwkor :
Good point, I forgot that pay-yourself-back is not offered in lower-tier cards.

One thing to keep in mind that if you have multiple UR cards, you can move points in between them. It may make sense to get some cards with $95 annual fee (CSP, Ink Preferred) to get 1.25UR pay-yourself-back offer.
I tend to stay away from annual fee cards because I don't spend that much to make up for the fee. I know the first year is usually waived, but I don't want to cancel after a year as I fear it might negatively impact my score, especially if I cancel a card every year.

How much would I have to spend to get enough +.25 points to make up the $95 fee?
Feb 4, 2021
651 Posts
Joined Oct 2006
Feb 4, 2021
birch97
Feb 4, 2021
651 Posts
The grocery story bonus was clutch this year to get rid of points at a great value; plus, with how much better AMEX has been over the past year, im planning on dumping my CSR at its renewal anyways

Sign up for a Slickdeals account to remove this ad.

Pro
Feb 4, 2021
9,343 Posts
Joined Dec 2013
Feb 4, 2021
doboy007
Pro
Feb 4, 2021
9,343 Posts
Honestly, not a good deal on crappy GC brands.

Leave a Comment

Unregistered (You)

Related Searches

Flowers & GiftsGift CardsFree ShippingCard Linked Offers

Popular Deals

View All
Found by
Just Now
$10$1323% off30-Pack Keebler Sweet & Salty Cookies Snack Variety Mix $10.17 w/S&S + Free Shipping w/ Prime or on $35+
0
Found by
Just Now
$12$1833% off24-Pack 12-Oz Spindrift Sparkling Water (Nojito Flavored) $11.83 w/ S&S + Free Shipping w/ Prime or on $35+
1
Found by
Just Now
$800$1,38042% offYMMV: ASUS VivoBook S15: 15.6" 3K OLED 120Hz, Snapdragon X Elite, 32GB LPDDR5X, 1TB SSD $799.99
2
Found by
Just Now
Genuine Toyota Parts 20% off $80
4
Found by
Just Now
$11$2045% off40-Oz Ello Ultra Clean Stainless Steel Tumbler w/ Handle (Pink) $10.50 + Free S&H w/ Walmart+ or on $35+
1

Trending Deals

View All
Found by
Just Now
$0.00NEW Military Exclusive Benefit 2 million Tax-Free Items
16
Found by
Just Now
$24$5556% offVans Men's or Women's Authentic Shoe (Scarab Green or Willowherb Purple) $23.97 & More + Free Shipping
1
Found by
Just Now
$49$14967% offYMMV Target Circle 360 Membership - ($100 off) $49 for one year and a $50 off next $50 same day delivery - Expires July 12, 2025
21
Found by
Just Now
$696Open Box ymmv -Hisense 75" Class U8 Series Mini LED 4K UHD QLED Smart Google TV (2024) 75U8N - Open Box - Best Buy - $695.99
5
Found by
Just Now
$38$7045% off$37.99*: YoLink Smart Temperature / Humidity Monitor w/ 2 Sensors + Hub at Amazon
6