If you book flights through the card's Exclusive Rewards program, you get 2
cents per point instead of the usual 1 cent.
Note that you can redeem your Swagbucks for other gift cards (including Amazon) at better rates (roughly 1.1
cents per point instead of 1 cent).
If you book flights through the card's Exclusive Rewards program, you get 2
cents per point instead of the usual 1 cent.
Not exact matches
You can stretch your
points even further if you redeem them internationally
instead of domestically, though the difference is only about 0.1
cents per point.
Instead, FlexPerks uses ranges that allow the value of your
points to vary from a little over one
cent per point up to two
cents.
Instead of 1
point per dollar spent, the VentureOne ® card offers 1.25 miles
per dollar with each
point worth 1
cent.
If you used just 7,500
points transferred to British Airways from your Chase Ultimate Rewards portal for that flight
instead of paying $ 300, then your redemption value is around 4
cents per point on that transaction.
If you want to redeem for statement credit
instead, Chase UR gives you 1
cent per point, while AMEX MR is only 0.6
cents per point.
Instead of paying the Canadian average of 2.2
per cent in mutual fund Management Expense Ratios (MERs), a typical robo service charges just 0.5
per cent of assets under management (annually), plus the MERs of the underlying ETFs, which can range from 8 basis
points to about 55 basis
points, depending on products selected.
You will also get 1.25
cents per Ultimate Rewards
point instead of 1
cent towards any travel redemption via the Ultimate Rewards portal if you redeem
points from your Sapphire Preferred or Ink Bold / Plus accounts, compared to your Chase Freedom account.
The Conventional Wisdomers have
pointed out that if you're earning Membership Rewards in order to redeem them at 1.43
cents per point, you're wasting your time because you could easily get a Barclays Arrival + Mastercard
instead and get 2.2 % on all travel redemptions for every single dollar you spend.
You could pay 12,000 Starpoints
instead and earn 3
cents per point in redemption value.
It can take a bit of research and work to find the best redemptions, but
instead of getting one
cent per point, you could easily get two
cents or more for award flights.
Instead of redeeming
points for cash back with the Freedom (for 1
cent per point), you can move those
points to your Preferred account and transfer them to a Chase airline or hotel partner.
Instead, PayPal's MasterCard
points usually translate into less than one
cent per point, so if you're looking to get the best rewards
point bang for your buck, you need to be aware of this lower valuation.
Points redeemed for travel are worth 1.25 cents each (10,000 points = $ 125) instead of the usual value of one cent per mile (10,000 points = $
Points redeemed for travel are worth 1.25
cents each (10,000
points = $ 125) instead of the usual value of one cent per mile (10,000 points = $
points = $ 125)
instead of the usual value of one
cent per mile (10,000
points = $
points = $ 100).
Instead of paying the usual 100
points = $ 1 in gift cards, they pay 90
points per $ 1 because each
point is worth 1.10
cents.
The cost
per point in this method is only 0.7
cents each, and if you later cancel the Cash +
Points award you will get the points back instead of the
Points award you will get the
points back instead of the
points back
instead of the money.
Had I paid for the room
instead of using
points, it would have cost me 929 EUR for each of the first 6 nights and 239 EUR for the last night totaling 5,822.10 EUR or $ 8,079.12 USD + the 120,000 Southwest
points will be worth roughly $ 1,800 x 2 (since the Companion Pass doubles the value of the
points) $ 3,600 = $ 11,679 in value from 360,000 Marriott Rewards
points, bringing my
cent per point to 3.2
cents each.
Generally, you will only get a value of 1
cent per point when redeeming for gift cards,
instead of the 2 - 5
cents (or more)
per point when redeeming for travel.
Thus, if you valued Ultimate Rewards at 2.2
cents per point, you would actually be getting a larger return on your investment by purchasing Marriott
points during a promotion, since you'd be exchanging $ 925 cash for $ 2,100 worth of Rapid Rewards
instead of $ 1,100 of Ultimate Rewards for $ 2,100 worth of Rapid Rewards.
If you're only going to redeem for a fixed value of 1
cent per point — or even 1.25
cents per point — you might as well skip having a premium credit card and
instead use a card like Barclays Arrival Plus World Elite card or the Fidelity Investment Rewards American Express, since either of those cards will give you 2
cents per dollar spent on everything.
It's pretty much the only way we book business travel and my employees love it because
instead of using award tickets where they don't earn miles, they can earn miles and I'm getting 2
cents per point in value back when I redeem.
Now there are some that will argue that in situations like this, you should just pay cash
instead, rather than burning valuable Chase Ultimate Rewards at only 1.25
cents per point, and if you're one of those people I can't argue with your logic.
Instead of spending $ 1,400 for a hotel room, you could apply for the Club Carlson Premier Rewards Visa and after manufacturing $ 43,000 in spending (at a cost of $ 344, if you can manufacture spending at.78
cents per dollar), you'd have 300,000 Club Carlson
points, enough for a 7 - night stay at the Radisson Martinique on Broadway (since as a cardholder your last night is free).