Over the previous few years, Chase has repeatedly tailored its bonus classes and launched progressive strategies for redeeming factors, particularly with travel cards just like the Chase Sapphire Reserve and Chase Sapphire Preferred Card.
Excitingly, Chase has not too long ago reintroduced a factors redemption promotion that enables eligible cardholders to obtain as much as 50% further worth when shopping for Apple merchandise by way of Final Rewards. This provide is accessible till Nov. 30.
Utilizing Final Rewards towards Apple purchases
Sometimes, redeeming Final Rewards factors for procuring — akin to with Apple — will get you a flat 1-cent-per-point redemption price. That is not an awesome use of factors, contemplating that TPG values Ultimate Rewards points at 2.05 cents every (largely because of Chase’s valuable travel transfer partners).
Particulars of the promotion
Nonetheless, with as much as a 50% bonus on eligible merchandise, we begin moving into a spot the place it might make sense to make use of your factors towards Apple merchandise.
Take the Chase Sapphire Reserve, as an illustration. With this card, you will get a 50% bonus when redeeming for eligible Apple merchandise. Alternatively, you may get the identical 1.5-cents-per-point redemption price once you e book journey by way of Chase Ultimate Rewards.
Right here is the breakdown of the limited-time Apple redemption price for choose Chase playing cards.
50% bonus redeeming for Apple merchandise within the Apple Final Rewards Retailer (1.5 cents per level)
The data for the J.P. Morgan Reserve has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
25% bonus redeeming for Apple merchandise within the Apple Final Rewards Retailer (1.25 cents per level)
Each day E-newsletter
Reward your inbox with the TPG Each day e-newsletter
Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists
10% bonus redeeming for Apple merchandise within the Apple Final Rewards Retailer (1.1 cents per level worth)
The data for the Ink Enterprise Plus, Ink Enterprise Money and Chase Freedom Scholar and Chase Freedom playing cards has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
All of those presents are stay by way of the Final Rewards website, so it is best to see them robotically mirrored once you place an order.
The elevated Apple redemption promotion runs by way of Nov. 30. That is good timing should you’re looking for a present for the upcoming holidays.
Associated: 9 travel features I’m most excited about with Apple’s new iPhone 15 family
Must you redeem Chase factors for Apple merchandise?
When you have a considerable variety of Final Rewards factors, this limited-time promotion presents an interesting alternative to maximise the worth of your factors and avoid wasting cash. Nonetheless, it’s value contemplating whether or not utilizing your factors on this method is probably the most advantageous possibility.
We worth Final Rewards factors at 2.05 cents every, and all the redemption choices talked about fall under this worth. So, should you goal to extract the very best doable worth out of your factors, this will not be the perfect technique.
However, if in case you have no quick plans to e book journeys and are inquisitive about Apple purchases, this redemption provide may be tempting.
Bear in mind which you can transfer Ultimate Rewards between accounts freely and immediately, so use whichever card will give you one of the best worth for these redemptions.
Associated: How to redeem Chase Ultimate Rewards points for maximum value
Backside line
By way of the tip of November, eligible Chase cardmembers can redeem Final Rewards at 1.1 to 1.5 cents apiece on Apple merchandise. These redemptions usually aren’t a superb use of your factors, however there are a number of cases the place it may make sense, given the present promotion. Not each Chase bank card supplies the utmost worth of 1.5 cents per level, so this promotion is most dear for these with the Sapphire Reserve.
Trending Merchandise
