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 LovelyStep957
10-15-2022 at 08:27 AM.
Quote
from Vamoskid
:
I just ordered a pair of iPod pro 2 for 21,115pts after tax. Go ahead find me a pair of iPod pro 2 for $211.15 after 6% tax now. I will wait.
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.
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.
That's exactly it. Suppose if you don''t travel much, then cashing in for 1 or 1.5 cents per point makes sense. But many people sign up for Chase specifically to use for travel, as the UR points can have massive value when transferred to travel partners, particularly certain airlines. You can also do pretty well using them for Hyatt hotels. I stayed at one in New Orleans French Quarter over a weekend, in a room that was going $400/night and it only cost me 15k points.
Our community has rated this post as helpful. If you agree, why not thank keung
10-15-2022 at 09:28 AM.
Quote
from chuckecheez
:
That's exactly it. Suppose if you don''t travel much, then cashing in for 1 or 1.5 cents per point makes sense. But many people sign up for Chase specifically to use for travel, as the UR points can have massive value when transferred to travel partners, particularly certain airlines. You can also do pretty well using them for Hyatt hotels. I stayed at one in New Orleans French Quarter over a weekend, in a room that was going $400/night and it only cost me 15k points.
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
You get the best deals is when you just thru hoops when you come here any look for deal. it is already a hassle,
if you really feel spending an hour to sign up a phone and trade in at Bestbuy to save a few hundred is hassle, feel free to pay full price.
Time is money, spending any more than a few minutes placing an order with a discount isn't worth it in my case. So my point still stands. Where are you going to find a new iPhone unlocked at a discount without signing up for a plan, waiting for 2 year bill credits, or trading in another phone? iPads and AirPods go on sale all the time, that's not the case for new iPhones.
I can pretty much covert all points to cash with 50% bonus with reserve for restaurants and traveling related transactions. Now Apple product is an added category
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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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Chase Sapphire
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Our community has rated this post as helpful. If you agree, why not thank LovelyStep957
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.
example:
https://slickdeals.net/f/15340573-for-t-mobile-plans-trade-in-apple-iphone-and-save-up-to-975-on-iphone-13s-or-other-brands
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https://slickdeals.net/f/16061482-select-amex-cardholders-apple-airpods-pro-2-2nd-generation-174-99-free-s-h-ymmv
Our community has rated this post as helpful. If you agree, why not thank keung
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
example:
https://slickdeals.net/f/15340573-for-t-mobile-plans-trade-in-apple-iphone-and-save-up-to-975-on-iphone-13s-or-other-brands
if you really feel spending an hour to sign up a phone and trade in at Bestbuy to save a few hundred is hassle, feel free to pay full price.
if you really feel spending an hour to sign up a phone and trade in at Bestbuy to save a few hundred is hassle, feel free to pay full price.
Sign up for a Slickdeals account to remove this ad.