Chase sapphire preferred and chase ink business preferred cardholders will earn a 25 boost to point value when making redemptions through the chase travel portal giving points a worth of 1 25 cents each.
Chase sapphire preferred points to dollars.
To go alongside the 2 points per dollarthat the card already offers on all travel spendingand on worldwide dining the chase sapphire preferred credit card currently offers the following.
This is a chance to get some solid value out of your points when transferring isn t an option.
Earn 1 point per dollar spent on all other purchases.
Chase sapphire preferred is the rewards travel credit card that awards you 2x points on travel and dining.
Featuring 2 points per dollar on all travel and dining purchases it earns valuable points that can be transferred to 13 airline partners and hotel partners or redeemed directly for travel at a rate of 1 25 cents per point through chase ultimate rewards.
One quirky aspect of the sapphire preferred card is that each year you earn a 7 dividend on all points earned over the course of that year excluding the signup bonus unfortunately which means that you re effectively earning 2 14 points per dollar on.
Chase sapphire reserve cardholders will get an even greater boost of 50 for a value of 1 5 cents each.
This is 10 000 points higher than the normal offer and based on tpg s valuation of ultimate rewards points at 2 cents each this works out to an impressive 1 200 bonus.
With chase sapphire preferred you can transfer your points to leading frequent travel programs at 1 to 1 value.
Chase sapphire and co branded card holders now qualify to earn either 3x or 5x points or miles per dollar spent on grocery purchases on up to a maximum of 1 500 in eligible purchases from may 1.
5 points dollaron select streaming services up to 1 500 in spending 3 points dollarat gas station up to 1 500 in spending.
The sapphire preferred card is one of several chase cards that is part of the ultimate rewards ur program.
In addition through the end of next april sapphire reserve card holders will continue to get 1 5 cents per point when redeeming via the pay yourself back tool with sapphire preferred card.
The standard signup bonus for the chase sapphire preferred is 60 000 ultimate rewards points after spending 4 000 on purchases in the first 3 months of account opening.
The process of redeeming your points through the chase travel portal is very similar to using cash.
The chase sapphire preferred card is one of the best known travel rewards credit cards.
And because i have the chase sapphire preferred i can redeem those points toward travel through the chase travel portal for 1 25 cents each.
That s 25 better than if i redeem my points for cash.
For travel redemptions on the chase ultimate rewards portal you ll get a cash value of 750.