Hunting Points are worth up to 50% more redeeming on Apple products through November – but is it worth it?
Editor’s Note: This post has been updated with new information.
Chase has been one of the most agile credit issuers of the past few years, changing bonus categories and offering New ways to redeem pointsespecially with travel-focused cards such as Chase Sapphire Reserve and Chase Sapphire Preferred Card.
And now, Chase is offering a redemption offer where eligible cardholders can get up to 50% more value on purchases. not at all Apple products through Ultimate Rewards until November 30, 2022.
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Use Ultimate Rewards for Apple purchases
Typically, redeeming Ultimate Rewards points for shopping – such as with Apple – gets you a flat redemption rate of 1 cent. That’s not a great use of points, because TPG values the Ultimate Reward at 2 cents per point (mostly thanks to Chase’s valuable travel transfer partners).
However, with up to 50% bonus on qualifying products, we’re starting to hit the ground maybe reasonable use of your points for Apple products.
Follow Chase Sapphire Reserve, for example. With this card, you can get a 50% redemption bonus on eligible Apple products. In addition, you will receive the same conversion rate of 1.5 cents per point when you book your travel directly through Chase the ultimate reward. Likewise, with Give it back to yourselfyou will be able to compensate Airbnb and Eating purchase at an increment rate of 1.5 cents per point until December 31, 2022.
Below is a breakdown of Apple’s limited-time conversion rates for select Chase cards.
Redeem 50% on Apple products in the Apple® Ultimate Rewards® Store (1.5 cents per point)
Information on the JP Morgan Reserve has been independently obtained by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Redeem 25% on Apple products in the Apple® Ultimate Rewards® Store (1.25 cents per point)
Redeem 10% for Apple products in the Apple® Ultimate Rewards® Store (1.1 cents per point value)
Information about Ink Plus, Ink Cash and Freedom cards has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
All of these offers are offered directly through the Ultimate Rewards page, so you’ll see them automatically reflected when you place your order.
Apple’s soaring redemption promotion runs from October 15 to November 30, 2022. It’s the perfect time if you’re looking for a gift for the upcoming holidays.
Related: Why the new iPhone 14 Pro is a game changer for travelers
Should you use Chase points on Apple products?
If you have a large amount of Ultimate Rewards points, this limited-time promotion is a great way to increase the value of your points and save some cash. But should you use your points this way?
TPG . Value The final bonus is at 2 cents each, so all of these redemption options offer values below that. If you want to take advantage of possible value from your score, this is not the way to go.
Related: How to redeem Chase Ultimate Rewards points for the greatest value
However, if you don’t want to book your trip early, it can be tempting to use your points to make purchases on Apple. Or maybe you already have a mountain of points, so redeeming this won’t mess up your travel plans. You might even be looking for a nice gift before the holidays, or it might make sense if you’ve got your eye on an Apple product.
Normally, we don’t recommend these redemptions, as you will only get 1 cent per value point. However, Sapphire Reserve holders can get 1.5 coins each Final bonus points right now there is a unique opportunity to redeem the gift.
And remember you can Combine Ultimate Rewards between accounts freely and instantly, so make sure to use whichever card will give you the best value for these redemptions.
Until the end of November, eligible Chase card members will be able to redeem Ultimate Rewards at a rate of 1.1 to 1.5 cents on Apple products. These redemptions usually don’t put your points to good use, but there are a few circumstances where it could make sense with an existing promotion. Not every Chase credit card offers a maximum value of 1.5 cents per point, so this promotion is most valuable to those with Sapphire Reserve.
Additional reporting by Stella Shon, Juan Ruiz and Ryan Smith.