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 SelectApple Products when redeeming Chase Ultimate Rewards Points (for partial or full payment). Valid through 11/30/2024. Shipping is free on all orders (delivery is estimated within 7 business days after shipping).
Thanks to Community Member fmills15 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.
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I guess returns are not accepted for these purchases unless there is some defect/ damage. Something to keep in mind. I learnt it the hard way
Points go 50% further, it's not 50% off. Here's an example of a $100 item:
10,000 points = $100
what amount of points (define as X) * 150% = 10,000?
1.5X = 10,000 --> X = 10,000/1.5 = 6,667
with 50% bonus, $100 = 6,667 points, a savings of 3,333 points (10,000 - 6,667)
3,333/10,000 = 33%, or a 33% savings
said another way:
normally $1 = 100 points, but with the 50% further $1 = 100/1.5 = 66 points
Old Price = 100 Points
New Price = 66 Points
Change = (New price - Old price) / Old Price = (66 - 100) / 100 = -33/100 = -33%
It's only when you have the Chase Reserve card when you received the 50% discount. Otherwise, if you have the "Preferred", you'll only received 20% discount instead of 25% as stated above!
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Is it worth saving for travel or getting a MacBook Air? I have like 270k points
If you need the laptop then isn't it the same if you use travel or not? In the end you still have to spend. So if you don't spend the point, you go out and buy with regular cash, it's just spend point sooner or later
For MacBook Air and Pro, it does not let you buy 16Gb/256Gb. For air you can only buy 16Gb/512Gb and Pro 16Gb/1Tb. So they force you to upgrade spending $400.
Cheap and greedy tactics by Apple and Chase.
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10,000 points = $100
what amount of points (define as X) * 150% = 10,000?
1.5X = 10,000 --> X = 10,000/1.5 = 6,667
with 50% bonus, $100 = 6,667 points, a savings of 3,333 points (10,000 - 6,667)
3,333/10,000 = 33%, or a 33% savings
said another way:
normally $1 = 100 points, but with the 50% further $1 = 100/1.5 = 66 points
Old Price = 100 Points
New Price = 66 Points
Change = (New price - Old price) / Old Price = (66 - 100) / 100 = -33/100 = -33%
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*EDIT* 2 MIN QUICK GOOGLE SEARCH.
lol no wonder!!
* ANNUAL FEE
$550 annual fee†; $75 for each authorized user†*
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Yea these are carrier unlocked
If you need the laptop then isn't it the same if you use travel or not? In the end you still have to spend. So if you don't spend the point, you go out and buy with regular cash, it's just spend point sooner or later
Don't matter how many cards you have, you need Sapphire Reserve to give you maximum discount
Cheap and greedy tactics by Apple and Chase.
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