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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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Again, thank you.
JPMorgan Chase gross profit for the quarter ending September 30, 2023 was $39.874B - believe me when I say they don't care what you redeem UR points for and neither does anyone here.
Chase isn't losing money from this. Otherwise, they'd shut down the program.
Previous guy is right though. Nothing wrong with using points to buy gadgets. But if you guys travel, Ultimate Rewards points are very valuable.
I recently stayed at a high end hotel. 1 week cost me 290K points. Cash would have cost me $15K.
Wow, that was quick.
300-400k points a year on other cards moved to this one is the way the Reserve pencils easily.
No, don't get the reserve as your main spending chase card. Yes, move your points to it for max benefit.
Saying the Reserve card is only for travel is only because that's how you use it. I don't and it is by no means dubious.
What are you spending 300-400k chase points annually on, that isn't travel, that makes a $550 annual fee make sense?
(also what spend/cards are you using to generate 300-400k annually? Max from a Freedom bonus categories is 30k a year- so only thing I can think of is you're running both a couple of those plus running another 50k through one of the less-easy-to-spend-a-ton-on 5x business categories on an Ink card-- that'd, just, get you to 300k if you max the 50k spend limit in say Office Supplies or something)
If you already have CSP you can't get the CSR until you cancel or downgrade it (and wait a bit)-- you also can't get the CSR bonus unless it's been at least 48 months since you got your CSP bonus.
Lastly there's NO need at all to burn the CSP points now.
Either transfer them to a difference chase UR card if you have one, or simply downgrade your CSP to one of the free cards (a Freedom Flex will be the best option for most, offering 5x UR on quarterly rotating categories up to 7500 points per quarter). Then when you get the CSR you can move the points over to it and get higher value for said points.
Just took a look at hotels through chase rewards program and it is 25% cheaper to use points than cash. How is that more point efficiency than 25% off an iPhone?
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ANyone ordered M3 Macbook pro yet?
16-inch MacBook Pro - Space Black
Hide product details
M3 MAX 14-core CPU 30-core GPU
1 TB
Space Black
36 GB
16-inch
Original 349,900 Points
After bonus 279,920 Points
or $3,499.00
Items
279,920 Points
or $3,499.00
Shipping
FREE
Subtotal
279,920 Points
or $3,499.00
Just took a look at hotels through chase rewards program and it is 25% cheaper to use points than cash. How is that more point efficiency than 25% off an iPhone?
I want to see if I can order 16 pro max shipping to California
Thanks
By the way, is iPhone 16 Pro Max out already?
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