Chase Freedom Sapphire Points

Chase ultimate rewards points are worth an easy 1 25 cents for chase sapphire preferred and chase ink business preferred cardholders and 1 5 cents for chase sapphire reserve cardholders.

Chase freedom sapphire points.

If you ve earned points through an airline or hotel credit card then you might be required to redeem points directly with the brand. 5 points per dollar on rotating categories such as groceries gas and department store spending. Through may 31 you can earn 5 points per dollar when you use the chase sapphire preferred card chase sapphire reserve chase freedom or chase freedom unlimited to make a purchase with these. Your reward points can be redeemed as statement credit.

As long as i still have my chase sapphire preferred i can turn the rewards i earn with my chase freedom cards into chase ultimate rewards points one of mms favorite points currencies. Rewards earned minus 95 annual fee. That means earning 3x points at restaurants is like earning 5 1 back. We estimate the average chase points value is 1 7 cents each.

These values are due to the bonus 25 and 50 point boosts these cards receive when redeeming ultimate rewards points on the chase travel portal. With chase ultimate rewards you can redeem the points you ve earned for travel experiences merchandise gift cards and even cash back. Pairing the chase sapphire preferred with the chase freedom flex 15 900 annual spend chase freedom card with maxed out 5 bonus categories chase sapphire preferred card. The former offers a great return on everyday spending and the latter gets you 2x rewards on dining and travel and opens up some great transfer partner options.

While the chase freedom has served me well with its rotating 5x bonus categories and ability to move those points over to cards like the chase sapphire reserve or chase sapphire preferred card to redeem the points at a higher value of up to 1 5 2 cents each there s now a better option for my wallet. The chase freedom unlimited and the chase sapphire preferred card make a great ultimate rewards points earning team. You ll also get a 300 travel credit per year which wipes away a big chunk of the 550 annual fee. Earn cash back with the freedom flex or freedom unlimited credit card.

The current sign up bonus is 50 000 points after you spend 4 000 on purchases in the first 3 months from account opening.