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Edited November 1, 2023
at 09:05 AM
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It's back! Limited Time Offer!
Your points are worth 10%-50% more
Until 11/30/23 or while supplies last, your Chase points are worth more when you redeem for any product on the Apple® Ultimate Rewards® Store.*
Chase Sapphire Preferred is 25% more.
Chase Freedom Unlimited is 10% more.
https://ultimaterewardspoints.chase.com/
For example:
The $1199 iPhone Prom Max is 79,900 points (plus tax if applicable) if you have the Reserve (so retail * 66.7 points). Effectively 1/3 off at a penny per point.
If you have a card with a $99 ish annual fee, I suspect you get 25% extra (so retail * 80 points). Effectively 20% off at a penny per point.
If you have a no-annual-fee card, you likely get 10% extra (so retail * 91 points). About 9% off at a penny per point.
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Also worth noting you get extended warranty and purchase protection when you pay with points (you don't when you pay with gift cards).
tempting
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I bought two $100 apple gift cards on the cheap, in preparation for paying the difference on an iPad from this deal when it came around... Now I find out they're forcing me to bill the difference on my CSP
Look, everyone can spend the points however they want. I'm sure there's someone out there that would argue they have a bunch of points and NOTHING to spend it on, and just want to take the 1:1 cash redemption. That's fine, do what you want. Just don't ask the more experienced users for their opinion and then get annoyed when they give it.
These redemption opportunities are universally inefficient. They just are. If you want to do it, nobody will stop you. Just stop asking if it's a good idea and getting annoyed when you're told it's not. I'm sure there's someone out there that would spend $5 on gum if they wanted a pack bad enough and nothing else to spend their money on, it doesn't mean someone else has to agree that it's a good decision.
No experienced CSR user will ever tell you that it's a good idea to spend your points in any way OTHER than transferring to travel partners. You may not always get 3-4-5+ cents per point, but 50% or less bonus is trash.
Why in the world would I give up the Reserve card.
I got it expressly for these deals.
I spend $0 on travel on this card other than my $300 credit for hotel once a year. And I really spend almost nothing else on it. It sits in the safe.
But I do move my points on 3x shipping fees on another Chase card and other 3-5% cards. I have 6 or 7 of them.
2 iPhones and a watch and an iPad easily every year in points. It's exactly what I want and exactly why I keep the Reserve.
And I make thousands on other cash backs cards. I'm not a newbie. The math pencils just fine.
This travel malarkey only is just that. Travel if you want. Spend points on what you want.
$300 annual travel credit plus access to premium lounges and participating restaurants. There's allowance too per lounge. We can get stuffed at a restaurant or just get alcohol + snacks pre-flight. The lounges in US, Europe, and Asia have very nice space and accommodations. Can't say about other places but most airports have at least one participating location. So just one round trip with a connecting flight will get the money back.
Great that you found what works for you, but I don't understand the condescending tone and calling people fools.
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this is only a "deal" (SD trying to make money) if you have more points than travel. but then if you were, why would you have the reserve card.
The Chase system works well when collecting points on their free cards and then getting the CSP or CSR when you're ready to cash in for travel. Then downgrade to a free card a year later.
The Chase system works well when collecting points on their free cards and then getting the CSP or CSR when you're ready to cash in for travel. Then downgrade to a free card a year later.
Don't get the reserve card to spend with.
Get it to amplify the 3-5% points from the other chase cards by transferring points to it.
That 3-5% with the 50% boost is what I do.
And we have 6 kids, I don't care what kind of steal I can get on airfare…a phone is way more enjoyable than herding them around an airport.
Amen mate
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It's like to to get to a 100 from 80, you need 25% increase...not 20%. Nobody is confused