What Are Chase Sapphire Preferred Points Worth

What are chase sapphire preferred points worth.

What are chase sapphire preferred points worth.

Chase just announced an elevated sign up bonus for one of its most popular travel credit cards the chase sapphire preferred card. This is a chance to get some solid value out of your points when transferring isn t an option. Probably the most lucrative feature of the chase sapphire preferred cards is the 25 percent bonus for redeeming points for travel in the ultimate rewards portal. Or if you have the chase sapphire reserve the points you earn on any of these other cards are worth 1 5 cents each.

Earn 3x total points on qualifying instacart deliveries and pick ups groceries household items pharmacy and more on up to 3 000 in purchases from july 1 to september 30 2020. The chase sapphire preferred earns 2 points per 1 spent on travel and dining and 1 point per 1 elsewhere. Chase sapphire reserve cardholders will get an even greater boost of 50 for a value of 1 5 cents each. You can then use your points in the chase travel portal to book hotels flights rental cars cruises activities and vacation packages.

You can get 1 25 cents per point when you redeem them for travel through the chase ultimate rewards portal. 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. For example 80 000 points are worth 1 000 toward travel. New cardholders will now earn 80 000 ultimate rewards points after spending 4 000 in the first three months of account opening.

No activation required just use your sapphire card and you ll earn points automatically. But when you have the chase sapphire preferred your points are worth 1 25 cents each that s 25 more value. Points are worth more when you book via chase. 25 more in travel redemption get 25 more value when you redeem for airfare hotels car rentals and cruises through chase ultimate rewards.

This boosts the potential value of your points to 1 25 cents. If you want to get even more value from the ultimate rewards points you can transfer the points out to airline or hotel transfer partners and get up to 2 cents per point in value. In other words if you have the chase sapphire preferred the points you earn with any no annual fee cards on this list jump from a value of 1 cent each to 1 25 cents each through the chase travel portal.