Direct link! [chase.com]
Not as great as 90K bonus in branch last month, but still better than current 70K points online, $95 Annual Fee as usual
I am not a professional churner, but manage to get about 40 millions UR points over the years so doing pretty good so far... see pic:
https://ibb.co/dr3GjF1
T&C
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months after account opening,* that's $1,000 in travel rewards when you redeem through Chase Ultimate Rewards®.
This product is available to you if you do not have any Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months.
More ways to earn
New! Earn 3X points on dining, including eligible delivery services, takeout and dining out.*
New! Earn 5X total points on travel purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.*
New! Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards.*
Earn 2X on other travel purchases.*
New! Earn 3X points on online grocery purchases (excluding Target, Walmart and wholesale clubs).*
New! Earn 3X points on select streaming services.*
Plus, earn 1 point per dollar spent on all other purchases.*
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Our community has rated this post as helpful. If you agree, why not thank overzeetop
I'm specifically saying the value of the points VARIES depending what you do with them... but that you can virtually ALWAYS get significantly better than cash value out of the points when used for travel.
I did address the "if you would've paid that much in cash" point specifically though- I guess you missed it so I quote that part of my earlier post below:
There *are* occasional great deals on points, but they are few and far between and the high values are on seats I'll never purchase, and most have competing airlines offering the same or equivalent route for substantially less. To bring it back to everyday products, if Johnsonville given me a coupon for a free pack of breakfast sausage for $12 and I pay $1 in tax, and Smithfield has the same size package of breakfast sausage on sale for $3.50 including tax, the "value" of that coupon is $2.50, because if I don't have that coupon I'm still able to buy name brand breakfast sausage for $3.50 out the door.
Slick deals is about actual good deals, not 80% off on inflated MSRP.
Can you let us know how do you find the offer?
https://www.doctorofcredit.com/re...preferred/ [doctorofcredit.com]
Yes. Signed up and confirm I see 80k goal in the app after 4k spend.
Thank you, I did the same. I appreciate the response!
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It's equivalent to US domestic- NOT international business or first.
No lie flat seats- just slightly nicer regular seats and free drinks.
That's not remotely comparable to the real international business class tickets being discussed- which cost a lot more than $1200.
They're really not that uncommon, if you actually are honest and compare apples to apples.
I kinda understand both sides. Here's my take ...
For the purpose of SD, the most useful thing is probably to compare the deal to the market price, i.e., what most people actually pay for, now. Not some fake, regular price that no one pays for because sales happen so often. Not some unicorn deal that very few people can actually get.
Of course, there is always subjectivity in valuation, and that is valid. And it can be very helpful to bring your subjective take because others may agree. But I think a key caveat is this:
Let say the market price of Doritos is $5:
- A sale for $2 would probably be slick because that is 60% off the market price. Even if you hate Doritos and value it at only $1, it wouldn't be helpful to say the deal sucks.
- A sale for $4.50 would probably not be slick because that is only 10% off. Even if you love Doritos and value it far above $4.50, it wouldn't be helpful to say the deal is slick.
Basically, advice for the median SDer would probably be the most helpful.
I kinda understand both sides. Here's my take ...
For the purpose of SD, the most useful thing is probably to compare the deal to the market price, i.e., what most people actually pay for, now. Not some fake, regular price that no one pays for because sales happen so often. Not some unicorn deal that very few people can actually get.
Of course, there is always subjectivity in valuation, and that is valid. And it can be very helpful to bring your subjective take because others may agree. But I think a key caveat is this:
Let say the market price of Doritos is $5:
- A sale for $2 would probably be slick because that is 60% off the market price. Even if you hate Doritos and value it at only $1, it wouldn't be helpful to say the deal sucks.
- A sale for $4.50 would probably not be slick because that is only 10% off. Even if you love Doritos and value it far above $4.50, it wouldn't be helpful to say the deal is slick.
Basically, advice for the median SDer would probably be the most helpful.
If you use Chase points for travel via airline transfers they're worth, the vast majority of the time, more than the 1 cent a point cash value you can get for them as cash.
Simple as that.
You can certainly debate how MUCH more. 1.5-2 cents is at the very low end of the typical range (which is probably why even Chase will give you 1.5c in the portal with the right card since you can typically match or beat that via transfers)... 6-8 cents tends to be the high end of the range for point-end-of-plane tickets... but either way the value is certainly higher than 1 cent a point.
So taking the points as straight cash is a flat out loss of value unless you never or very rarely fly or use hyatt hotels.
My prime example I've done for two years is booking a 3 night Hyatt stay for Indy 500 weekend where my cash total would have been $1,400 but it was 29,000 points.
If you aren't using points for travel and have millions of points cashing out and collecting interest makes sense. If I had millions it would be tough to redeem points for travel in a timely manner and miss out on "free" cash.
My prime example I've done for two years is booking a 3 night Hyatt stay for Indy 500 weekend where my cash total would have been $1,400 but it was 29,000 points.
If you aren't using points for travel and have millions of points cashing out and collecting interest makes sense. If I had millions it would be tough to redeem points for travel in a timely manner and miss out on "free" cash.
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Hyatt points on popular weekends, during big events, or holidays have very good value. Especially the sneaky good category 1-3 hotels near bigger cities. I don't redeem UR unless I get 3 cents per point or more.