Not exact matches
Unfortunately for Membership
Rewards is that most other
redemption options (cash back, shopping or statement credits) reduce the
value of your
points by 20 - 30 %.
There are two reasons for this: The
redemption rates
of miles or
points for international trips drive up the
value of rewards, and most cash - back credit cards charge a foreign transaction fee
of 3 % on overseas purchases.
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!
Unfortunately for Membership
Rewards is that most other
redemption options (cash back, shopping or statement credits) reduce the
value of your
points by 20 - 30 %.
This table lists several
redemptions that show the range
of values for the Propel World
rewards point.
Because the card's
points have a straightforward
redemption value of $ 0.01 per
point, this puts the Barclays
Rewards MasterCard ® rewards rate at anywhere between 1 % a
Rewards MasterCard ®
rewards rate at anywhere between 1 % a
rewards rate at anywhere between 1 % and 2 %.
Most importantly, you can transfer
rewards points to participating frequent travel programs at a ratio
of 1:1, and get some good
redemptions starting at a
value of $ 0.02 per
point.
The Star One
Rewards program may be modified, suspended or cancelled, and the
redemption value of already accumulated
points may be changed at any time without notice and without restriction or penalty.
Countries Visited: 31 Favorite First Class: Etihad Apartment (A380) Favorite Business Class: Singapore Airlines (777) Best
Redemption Value: BA Travel Together Ticket (First Class) Favorite Type
of Points: Chase Ultimate
Rewards Top 3 Cards in Wallet: Chase Sapphire Reserve ℠ Card, Chase Ink Business Preferred ℠ & Business Platinum ® Card from American Express
We can get those same tickets for 17,500 Ultimate
Reward Points, a
redemption value of $ 0.037 per
point.
Besides the direct
redemption options offered by the credit card issuer, a common way to maximize the per -
point value of rewards points is to transfer them to a partnering airline or hotel loyalty program.
One benefit
of your new Marriott
Rewards Premier Plus account is an Anniversary Free Night Award e-certificate every year after your account anniversary, valid for a one night hotel stay at a property with a
redemption level at or under 35,000
points, instead
of the category 1 - 4 hotel e-certificate
valued up to 20,000
points you received on your Marriott
Rewards account.
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.
The calculated
value of these
points is based on an estimated
redemption rate, not a credit card
rewards earn rate.
Of course, if you prefer one of these redemption options to the higher value rewards, feel free to redeem your ThankYou ® Points her
Of course, if you prefer one
of these redemption options to the higher value rewards, feel free to redeem your ThankYou ® Points her
of these
redemption options to the higher
value rewards, feel free to redeem your ThankYou ®
Points here.
Nerd note: The calculated
value of these
points is based on an estimated
redemption rate, not a credit card
rewards earn rate.
The
value of Membership
Rewards points will depend on the
redemption chosen.
If you're planning on redeeming your
points, it's best to shop around the
Rewards Redemption Center to find rewards that value points at a minimum of one cent per point, which is a common value for credit card
Rewards Redemption Center to find
rewards that value points at a minimum of one cent per point, which is a common value for credit card
rewards that
value points at a minimum
of one cent per
point, which is a common
value for credit card
points.
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
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.
Because
of the high variability in their
value, the actual
rewards rate for credit cards using ThankYou ®
Points may not be as lucrative if you're not willing to use them for their best
redemption options.
I think it is one
of the best cards for travel thanks to various
rewards partners, its outstanding
points values, and flexible
redemption options.
Countries Visited: 40 Favorite First Class: Cathay Pacific (777) Favorite Business Class: Cathay Pacific (777) Best
Redemption Value: 4 seats to the Galapagos flying JFK - PTY - UIO - GPS - UIO - PTY - BOS on Copa and Avianca (Ultimate
Rewards > United) Favorite Type
of Points: Amex Membership
Rewards Top 3 Cards in Wallet: The Platinum ® Card from American Express, Citi Prestige Card, Chase Ink Plus ®.
Redeeming
Rewards With no transfer partners, the Visa Black doesn't give you that many
redemption options, but it does make it easy to get double the
value of your
points.
For
redemptions using cash - back cards, or for purchases outside
of travel
rewards, the
value is typically $ 0.01 per
point.
The Bank
of America ® Premium
Rewards ® credit card is a new offering that should be on the radar for anyone who
values flexible
points redemption and extra perks for frequent travelers.
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)
«When you combine the Ultimate
Rewards points on eligible Chase Cards they would retain their original
redemption value — that is, when transferred the
points would retain the
redemption value of the product they were initially earned on.
The U.S. Bank Altitude Reserve card unfortunately falls short on its airline lounge offering, but it does feature an extensive list
of luxury benefits and an excellent
rewards program that includes a generous travel credit, a bonus on travel purchases and a 50 percent boost in
point value for travel
redemptions.
The
value of Ultimate
Rewards points really depends on the
redemption.
With the
redemption methods
of Membership
Rewards, any
points you earn can be
valued from $ 0.005 to over $ 0.02 per
point.
Countries Visited: 13 Best
Redemption Value: 80,000 Ultimate
Rewards to fly Delta One round - trip to Europe (Ultimate
Rewards > Korean Air) Favorite Type
of Points: Chase Ultimate
Rewards Top 3 Cards in Wallet: Chase Sapphire Reserve, Starwood Preferred Guest ® Business Credit Card from American Expresss, Chase Freedom Unlimited.
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.
With the ability to transfer your
points on a 1:1 basis to many
of the leading travel
rewards program and a robust
redemption value of 1.25 cents, you can start maximizing your travel today with the Chase Sapphire Preferred.
50,000 Ultimate
Rewards points are worth $ 500 in cash or credit card statement credits (not my preferred
redemption method), $ 625 in travel through the Ultimate
Rewards travel portal, or you can stretch out the
value of your
points by transferring them out to one
of the many Ultimate
Reward travel partners.
Criteria used:
Rewards rates, rewards categories, sign - up bonuses, size of hotel network, transfer partners, point values, other travel benefits, annual fee, other rates and fees, redemption options and flexibility, customer service, credit needed, elite status, ability to upgrade and do
Rewards rates,
rewards categories, sign - up bonuses, size of hotel network, transfer partners, point values, other travel benefits, annual fee, other rates and fees, redemption options and flexibility, customer service, credit needed, elite status, ability to upgrade and do
rewards categories, sign - up bonuses, size
of hotel network, transfer partners,
point values, other travel benefits, annual fee, other rates and fees,
redemption options and flexibility, customer service, credit needed, elite status, ability to upgrade and downgrade
With its 50 percent bonus on airfare
redemptions, the Wells Fargo Visa Signature card is a great
value for travel hackers seeking a large influx
of rewards points.
If you save just $ 80 (the cash
redemption value) in Ultimate
Rewards points, you're making a free - and - clear profit
of $ 5 each year.
Countries Visited: 22 Favorite First Class: Etihad Apartment (A380) Favorite Business Class: Singapore Airlines (777) Best
Redemption Value: Singapore Suites from JFK > FRA > SIN Favorite Type
of Points: American Express Membership
Rewards Top 3 Cards in Wallet: Chase Sapphire Reserve ℠ Card, Chase Freedom Unlimited ® & The Platinum ® Card from American Express
Though both
of these hotels are also transfer partners with Ultimate
Rewards, there's simply no way to accrue this type
of points balance quickly and the
redemption would offer fairly abysmal
value per
point, at least compared to the great deal we found on flights above.
Most
redemption options — including cash back and travel
redemptions through the Chase Ultimate
Rewards portal — are worth 1 cent, but the
value can exceed 2 cents per
point if you take advantage
of transfer options.
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.
That equates to 1.2 cents per
point in
value for these kinds
of redemptions using Ultimate
Rewards, compared to the 1 cents per
point offered by ThankYou.
Countries Visited: 40 Favorite First Class: Cathay Pacific (777) Favorite Business Class: Cathay Pacific (777) Best
Redemption Value: 4 seats to the Galapagos flying JFK - PTY - UIO - GPS - UIO - PTY - BOS on Copa and Avianca (Ultimate
Rewards > United) Favorite Type
of Points: Amex Membership
Rewards Top 3 Cards in Wallet: The Platinum ® Card from American Express, Citi Prestige Card, Chase Ink Plus ®.
Criteria used: Rates and fees,
rewards rates,
rewards categories, sign - up bonuses,
point values,
redemption options,
redemption flexibility, credit needed, travel benefits, transfer partners, international customer service, security, ease
of application
The
value of redemptions is on the low side, so it's not the best use
of Membership
Rewards points.
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.
One
of Capital Ones biggest selling
points is that its
rewards are low - stress, and that also comes into play in terms
of the
value of your
redemption.
Our take: The U.S. Bank Altitude Reserve card unfortunately falls short on its airline lounge offering, but it does feature an extensive list
of luxury benefits and an excellent
rewards program that includes a generous travel credit, a bonus on travel purchases and a 50 percent boost in
point value for travel
redemptions.
These are Chase Ultimate
Reward points, another program that offers a lot
of value at
redemption.