It competes favorably with other premium travel cards, and the generous rewards rate paired with the better
points redemption value more than justify the high annual fee.
It competes favorably with other premium travel cards, and the generous rewards rate paired with the better
points redemption value more than justify the high annual fee.
Not exact matches
Understanding the
redemption value can make the 25,000 SPG
points worth
more than the 75,000 Hilton
points or 80,000 IHG Rewards Club
points.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0125 (one and a quarter cents), which means that 100
points equals $ 1.25 in
redemption value, and
points are worth 25 %
more than if redeemed for cash.
At a minimum desired
redemption of $ 0.02 per reward
point, you could get $ 1,100 or
more in travel
value, depending on how you redeem!
Transferring
points to a frequent flyer program offers
more value than most of the other
redemption options.
50 %
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Redemption When you use points to redeem for cash, each point is worth $.01 (one cent), which means that 100 points equals $ 1 in redempt
Redemption When you use
points to redeem for cash, each
point is worth $.01 (one cent), which means that 100
points equals $ 1 in
redemptionredemption value.
However, while as a cardholder you will have
more options, be aware that the
value on most is not always the best — most
redemption options fall below $ 0.01 a
point.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0150 (one and a half cents), which means that 100
points equals $ 1.50 in
redemption value, and
points are worth 50 %
more than if redeemed for cash.
There are many
more redemption options available at a one cent per
point value.
Even a relatively low
value flight award is still
more valuable than
redemptions for hotels, cruises or rental cards which are only worth one cent per
point.
If you transfer your
points to partners with valuable award charts, it is not very difficult to achieve
redemption values of at least 2 cents /
point (often 3 - 4) which widens the
value disparity even
more.
As a general rule, hotel
points are considerably less valuable than airline miles or transferrable
points, so don't expect to get two cents or
more in
value out of every
redemption.
Awards redeemed in this way can garner a $ 0.02 /
point value or
more, which you will get with business and first class
redemptions.
Once the changes are implemented, it is likely that certain
redemption options will devalue Rapid Rewards
points below this $ 0.01
value on certain flights — meaning users will have to be much
more careful about selecting which flights they want to redeem their
points on if they want to maximize their
value.
Furthermore, the Chase Sapphire Preferred ® Card has
more flexible
point redemption options, including the ability to receive cash back and transfer
points to airlines at a 1:1
value.
USAA MasterCard Pros Low interest rate, no annual fee credit card 2,500 bonus sign up
points Great suite of supplemental and
value - added privileges in recognition of military service Depending on
redemption type, consumers can earn rewards of up to 1.25 % USAA... Read
More
Chase Sapphire
points accrue in the lucrative Ultimate Rewards program which you can transfer for high
value redemptions on United, British Airways, Korean Air, Hyatt and many
more partners.
Not only does redeeming your Ultimate Rewards
points for travel through Chase's portal gain you significant
value — up to 1.25 cents per
point with the 25 % discount for travel
redemption — but you can often get even
more pow for your
point by transferring them to any of Chase's 10 travel partners.
Redeeming JetBlue
points for the highest
value after earning them with this card is a little
more challenging than on some other airlines, since there are no fixed -
value awards for flight
redemptions.
It's also better if your business has travel needs as your
points can be used for
more value in travel
redemption.
Indeed, transferring to frequent flyer miles often offers
more per -
point value than other
redemption options.
You may not get quite the same
value for your
points, but there will be
more availability and easier
redemptions.
You may not get quite the same
value for your
points, but there will be
more availability and easier
redemptions.
Determining
value of rewards
redemption — While typically not the best
value for your rewards
points, redeeming for merchandise can be handy when real «money» is
more important in your pocket than any amount of miles or
point... (See Merchandise vs. miles)
These transfers can help you unlock much
more value than the 1 cents per
point possible using Pay With
Points for flights, which in turn is a better option than any other non-transfer
redemption.
As a general rule, hotel
points are considerably less valuable than airline miles or transferrable
points, so don't expect to get two cents or
more in
value out of every
redemption.
Even a relatively low
value flight award is still
more valuable than
redemptions for hotels, cruises or rental cards which are only worth one cent per
point.
Yes, you're earning
more points with every purchase and a huge sign up bonus to start, but I'm talking about
redemption value here.
If the latter was the case, it is possible to get even
more value out of the Chase Sapphire Preferred ® Card by using
points to purchase international travel rewards, which are typically a much better
value for
points redemption.
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More in Travel
Redemption When you use points to redeem for cash, each point is worth $.01 (one cent), which means that 100 points equals $ 1 in redempt
Redemption When you use
points to redeem for cash, each
point is worth $.01 (one cent), which means that 100
points equals $ 1 in
redemptionredemption value.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0150 (one and a half cents), which means that 100
points equals $ 1.50 in
redemption value, and
points are worth 50 %
more than if redeemed for cash.
Rule of thumb is: If you get a
redemption value of 2.5 cents per
point or
more, go for it!
Those
points are already worth 2 cents if redeemed for cash back, 2.5 cents if used for airline bookings using the Ultimate Rewards portal (these paid tickets also earn frequent flyer miles), or potentially much
more than that if transferred to a loyalty program like United MileagePlus, Hyatt Gold Passport, or Amtrak Guest Rewards for a high -
value redemption.
As you can see from our table below, many of Chase's travel partners offer even
more valuable
redemption options, allowing you to stretch the
value of your
points further:
Opening up the higher
value redemptions takes the limited
points you've earned and instantly makes them
more valuable.
Countries Visited: 21 Favorite First Class: Garuda Indonesia Favorite Business Class: KLM (787 - 9) Best
Redemption Value: Emirates First JFK - DXB - BKK - DXB - MXP - JFK Favorite Type of
Points: ThankYou
Points Top 3 Cards in Wallet: Bank of America Asiana, Chase Ink Plus, Citi Access
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While the Business Advantage Travel Rewards World MasterCard offers these
redemption options, the
value you receive when choosing either of these is significantly less than the one cent or
more you'll receive by redeeming your
points for travel expense statement credit or for travel through the Bank of America Travel Center.
A
more reasonable
value based on my own experience with Hyatt is 8,000 Gold Passport
points, worth $ 100 in premium Ultimate Rewards
point redemptions.
But you'll get
more bang for your buck if you redeem
points for gift cards and travel, which offer a higher
redemption value.
When you transfer
points to any Chase reward travel partners, the
redemption value of each
point can be worth even
more with some
redemptions at up to 5 - 8 cents per
point for international first and business class options.
Redeeming JetBlue
points for the highest
value after earning them with this card is a little
more challenging than on some other airlines, since there are no fixed -
value awards for flight
redemptions.
For instance, redeeming for cash or gift cards may provide
more per -
point value than redeeming for merchandise through the issuer's
redemption portal.
Cheaper revenue flights usually represent better
point redemption value than
more expensive ones, but it's not always the case.
Chase Sapphire
points accrue in the lucrative Ultimate Rewards program which you can transfer for high
value redemptions on United, British Airways, Korean Air, Hyatt and many
more partners.
Try to make sure your
redemption value is not less than 1.5 cents per
point, but sometimes you'll get even
more.
Each
point you redeem for travel booked through Chase Ultimate Rewards is worth $.0125 (one and a quarter cents), which means that 100
points equals $ 1.25 in
redemption value, and
points are worth 25 %
more than if redeemed for cash.
It's also better if your business has travel needs as your
points can be used for
more value in travel
redemption.
Those travel
redemption options can give you
more value for your
points than getting cash back or gift cards.
The
more points you redeem, the better
redemption value you will get.