Chase Sapphire Preferred Points Value

Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.

Chase sapphire preferred points value.

Transfer points to travel partners 300. Chase sapphire preferred points are worth 1 cent to 1 25 cents apiece depending on how you redeem them. 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. So with that in mind we value the chase sapphire preferred s 2x points earning at 300 for moderate use.

Your personal value may be more or less than this for example if you charge in reimbursable travel and dining purchases for work you will likely assign this benefit a much higher value. 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. Sapphire preferred is broadening your world of benefits. With the pay yourself back tool your ultimate rewards points are worth 25 more when you redeem them for statement credits against purchases in our current categories.

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. As a holder of the chase sapphire preferred or the ink business preferred each point is worth 1 25 cents so a 100 hotel room would only cost 8 000 points. For example you could redeem 10 000 points for a 100 statement credit or use them to book 125 in travel through chase ultimate rewards. These values are due to the bonus 25 and 50 point boosts these cards receive when redeeming ultimate rewards points on the chase travel portal.

The chase sapphire preferred card is one of the best known travel rewards credit cards. The chase sapphire preferred can be a good option if you plan on transferring points to partners. If you plan on redeeming your points using the chase travel portal you ll want to consider the chase sapphire reserve as it s a very small window in which the chase sapphire preferred is the better option. 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.

Chase ultimate rewards points are worth an easy 1 25 cents for chase sapphire preferred and chase ink business preferred cardholders and 1 5 cents for chase sapphire reserve cardholders. When you use points to redeem for cash each point is worth 01 one cent which means that 100 points equals 1 in redemption value. Each point you redeem for travel booked through chase ultimate rewards is worth 0125 one and a quarter cents which means that 100 points equals 1 25 in redemption value and points are worth 25 more than.