Ultimate rewards points are usually worth 1 cent each when used in the chase travel portal.
What are chase sapphire preferred points worth.
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.
New cardholders will now earn 80 000 ultimate rewards points after spending 4 000 in the first three months of account opening.
Chase just announced an elevated sign up bonus for one of its most popular travel credit cards the chase sapphire preferred card.
What are chase sapphire preferred points worth.
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.
The chase sapphire preferred is a travel card that lets you redeem points for travel via the chase ultimate rewards travel portal for 1 25x.
Or if you have the chase sapphire reserve the points you earn on any of these other cards are worth 1 5 cents each.
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.
With the chase sapphire preferred you ll earn an impressive 80 000 bonus points after you spend 4 000 on purchases in the first three months from account opening based on tpg s most recent point valuations.
But when you have the chase sapphire preferred your points are worth 1 25 cents each that s 25 more value.
You can get 1 25 cents per point when you redeem them for travel through the chase ultimate rewards portal.
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.
You can then use your points in the chase travel portal to book hotels flights rental cars cruises activities and vacation packages.
No activation required just use your sapphire card and you ll earn points automatically.
This boosts the potential value of your points to 1 25 cents.
This is a chance to get some solid value out of your points when transferring isn t an option.
The chase sapphire preferred earns 2 points per 1 spent on travel and dining and 1 point per 1 elsewhere.
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.