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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All prices are MSRP so decent deal on the latest products but you can get things like Macbooks and airpods on discount from some retailers which makes it not worth spending your UR points.
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.
Exactly. $800 off is not going to come free. It'll take 2 years to get it. But def worth it.
Just some quick math guidance here for those of you who didn't graduate elementary school. This is NOT 50% off. A 50% increase in points value is equivalent to a 33% discount. For example, if you wanted to buy an item priced at $30. You need to spend $20 worth of points. Then the $20 gets a 1.5 bonus multiplier to become $30 in points. You save $10. $10/$30 is 33.33%.
Just some quick guidance for clueless know it alls who try to talk down to others.
Free points are free points. They accrue because I buy things and pay off the card. Last week they were worth $1.00 to 100 points, today they're worth more.
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.
Sure if you want the older discontinued products, but ain't no way you're getting lower than MSRP on this year's apple products. Kinda of a stupid statement.
Is it booking through the Chase portal or is it actually transferring to specific hotel/airline chains that gets you 1.5c or greater per point? I always find this part confusing and not sure how to maximize my UR points.
You usually get the best value by transferring directly to the hotel or airline and then use those points to book your reservation.
Just some quick guidance for clueless know it alls who try to talk down to others.
Free points are free points. They accrue because I buy things and pay off the card. Last week they were worth $1.00 to 100 points, today they're worth more.
how to spot someone who can't do elementary school math
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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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Can someone with the Chase Sapphire reserve tell me how many points the same item is?
Exactly. $800 off is not going to come free. It'll take 2 years to get it. But def worth it.
Free points are free points. They accrue because I buy things and pay off the card. Last week they were worth $1.00 to 100 points, today they're worth more.
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
I only see ANA and JAL fly between HND and JFK. Virgin Atlantic is Sky Team. Neither of which ANA and JAL are. How did you boo Virgin for 47k?
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Free points are free points. They accrue because I buy things and pay off the card. Last week they were worth $1.00 to 100 points, today they're worth more.
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