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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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.
The link that was posted did not require bill credits. I did it last year. Traded in my phone and just paid the difference in full. Did it 2x. Took all of 30 minutes.
The link that was posted did not require bill credits. I did it last year. Traded in my phone and just paid the difference in full. Did it 2x. Took all of 30 minutes.
You would either have to have an iPhone or would have to buy an iPhone in order to trade-in and get a discounted iPhone. While that was a very good deal no doubt, it's not without strings attached.
63920 points for apple watch ultra, not terrible, but I think those points go futher toward travel, which is why I got the card in the first place (plus the 100k point signup bonus)
I'm a little confused. I have reserve and pay yourself back is 1.5x on food purchases. That seems like as good as regular travel unless you trade points for travel.
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.
63920 points for apple watch ultra, not terrible, but I think those points go futher toward travel, which is why I got the card in the first place (plus the 100k point signup bonus)
I'm a little confused. I have reserve and pay yourself back is 1.5x on food purchases. That seems like as good as regular travel unless you trade points for travel.
I don't disagree with that; if I had 1.5 for pay yourself back on food, I would do that instead.
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.
Your point is only relevant to those want/need to travel. I simply look at the 25% saving that I can have by using points instead of paying full price of the item. If someone can find a deal that beats the 25% saving then please post it.
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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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And what would the bad news be? That they were the lowest anywhere else for 225 plus tax on Amazon and that's over and back to 239?
I bought them with my points too; solid deal.
I bought them with my points too; solid deal.
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Unless it's unlocked iphones.
Exactly how I feel.
I don't disagree with that; if I had 1.5 for pay yourself back on food, I would do that instead.
https://experiences.cha
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I got only 25%