In recent years, Chase has continually tweaked its bonus categories and introduced innovative methods for redeeming points, especially with travel cards like the Chase Sapphire Reserve And Chase Sapphire Preferred Card.
Excitingly, Chase recently reintroduced a points redemption promotion that allows eligible cardholders to receive up to 50% additional value when they purchase Apple products through Ultimate Rewards. This offer is valid until November 30th.
Use Ultimate Rewards for Apple purchases
Typically, when you redeem Ultimate Rewards points for shopping (like with Apple), you get a flat redemption rate of 1 cent per point. That’s not a good use of points, since TPG values Ultimate Rewards points at 2.05 cents each (thanks in large part to Chase’s valuable travel transfer partners).
Details of the promotion
However, with a bonus of up to 50% on eligible products, we are getting to a point where this is the case be able to It is wise to use your points for Apple products.
Take the Chase Sapphire Reserve, for example. With this card you can get a 50% bonus when you redeem it for eligible Apple products. Alternatively, you’ll get the same 1.5 cents per point redemption rate when you book travel through Chase Ultimate Rewards.
Here’s a look at the limited-time Apple redemption rate for select Chase cards.
50% bonus redemption on Apple products in the Apple Ultimate Rewards Store (1.5 cents per point)
The information for the JP Morgan Reserve is independently collected by The Points Guy. The card details on this page have not been verified or provided by the card issuer.
25% bonus redemption on Apple products in the Apple Ultimate Rewards Store (1.25 cents per point)
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10% bonus redemption on Apple products in the Apple Ultimate Rewards Store (value of 1.1 cents per point)
The information for the Ink Business Plus, Ink Business Cash, and Chase Freedom Student and Chase Freedom cards has been independently collected by The Points Guy. The card details on this page have not been verified or provided by the card issuer.
All of these offers are live through the Ultimate Rewards site, so you should see them automatically when you place an order.
The enhanced Apple redemption promotion runs until November 30. This is perfect timing if you’re looking for a gift for the upcoming holidays.
Related: 9 travel features I’m most excited about with Apple’s new iPhone 15 family
Should you redeem Chase points for Apple products?
If you have a significant number of Ultimate Rewards points, this limited-time promotion offers an attractive opportunity to maximize the value of your points and save some money. However, it’s worth considering whether using your points in this way is the most beneficial option.
We value Ultimate Rewards points at 2.05 cents each, and all redemption options listed are included in this value. So if you want to get the highest possible value from your points, this may not be the ideal strategy.
Nevertheless, if you don’t have immediate plans to book travel and are interested in Apple purchases, this redemption offer may be tempting.
Keep in mind that you can transfer Ultimate Rewards for free and instantly between accounts, so use the card that gives you the best value for these redemptions.
Related: Redeem Chase Ultimate Rewards Points for Maximum Value
In short
Through the end of November, eligible Chase cardholders can redeem Ultimate Rewards for Apple products for 1.1 to 1.5 cents each. These redemptions are normally not a good use of your points, but there are a few cases where it could make sense given the current promotion. Not every Chase credit card offers the maximum value of 1.5 cents per point, so this promotion is most valuable for those with the Sapphire Reserve.