Chase Sapphire Reserve: Ultimate Rewards Pts. Redemption Bonus on Apple Products
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Chase offers select Chase Cardholders: Up to 50% Ultimate Rewards Redemption Bonus for select Apple Products when redeeming Chase Ultimate Rewards Points to pay. Valid through 11/30/2022.
Thanks to Community Member sbessire for sharing this deal.
Note: Your Redemption Bonus will vary from 10% to 50% depending on the type of Chase card you have. Your credit card will be charged the full remaining dollar amount over your points redemption; for example, if you choose to buy Apple merchandise at $120 at $1.50 redemption value (50% bonus), and you use 4,000 points ($40 worth of points w/ 50% bonus = $60), your credit card would be billed for the remaining $60.
Chase ultimate rewards points are worth 50% more on apple products with sapphire reserve and 25% more on apple products with sapphire preferred or ink business preferred.
I realize many would rather use them for travel, but we don't travel and pay yourself back has been lousy.
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Unfortunately, it's kind of a fake value, as you can get most apple products at discounts nowadays. So your value is still less than the 1.5 or 1.25 than they make you believe it is.
some more example
for my upcoming trip to Japan in Jun
Transfer 10K to AVIOS for redeem of 2 domestic Japan ticket worth $200 USD
1 point to 2 cents
Transfer 47K to Virgin Atlantic (with chase 30% transfer bonus) for a FIRST CLASS ticket from HND-JFK worth $5000 USD
1 point to 10.6 cents
Setting aside you being aggressive for no reason.. I think any nay-sayers on this deal are focused on the opportunity cost. If you value your points at 1 cent per point, then I agree that AirPods for about 20k points is fantastic. But it's relatively easy to get $300 of value out of 20k Chase UR points by transferring to an airline. And sometimes even higher than that by transferring to hotel/airline for point redemption towards a high-end flight or hotel stay. So 20k Chase UR points, with either a Sapphire Preferred or Reserve card, are worth somewhere between $300 and $700. So the opportunity cost is you getting AirPods for 20k points.. vs a flight or hotel stay that would cost you 2-3x the cost of the AirPods.
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Our community has rated this post as helpful. If you agree, why not thank magic168
10-14-2022 at 09:53 PM.
Unfortunately, it's kind of a fake value, as you can get most apple products at discounts nowadays. So your value is still less than the 1.5 or 1.25 than they make you believe it is.
It is supposed to be active October 15, so that could be it, but I was able to check out at just after 9pm pacific time tonight on the 14th with my ink business preferred.
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for my upcoming trip to Japan in Jun
Transfer 10K to AVIOS for redeem of 2 domestic Japan ticket worth $200 USD
1 point to 2 cents
Transfer 47K to Virgin Atlantic (with chase 30% transfer bonus) for a FIRST CLASS ticket from HND-JFK worth $5000 USD
1 point to 10.6 cents
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Our community has rated this post as helpful. If you agree, why not thank magic168
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