How to redeem Chase Ultimate Rewards for gift cards – Forbes Advisor

If your credit card earns Chase Ultimate Rewards®, you’re in luck. Gain access to a diverse collection of rewards redemption options. Among them are gift cards for various retail stores, restaurants and other services. Redeeming a gift card is a very easy process. Here’s how:

A step-by-step guide to redeeming Ultimate Rewards for gift cards

Step 1: Log into your online Chase Ultimate Rewards account

To begin redeeming gift cards, you must be logged into your online Chase account to earn Ultimate Rewards. This includes cards from the Freedom, Sapphire and Ink families.

When you visit the main Rewards homepage, at the top of the screen you will see[獲得 / 利用可能残高で使用]A blue button labeled will appear. Clicking this button will bring up another menu with reward redemption options. To the right of center, you’ll see gift card options.

Clicking on this option will take you to the main gift card rewards page and some featured redemption options.

Step 2: Browse available gift cards and select your favorite brands

Ultimate Rewards partners with a wide range of retailers, restaurants, hotels and other stores or services nationwide. At the time of issuance, there will be approximately 200 gift card options to choose from. For example, gift card offers for Airbnb, Amazon.com, Lowe’s, Speedway, and Starbucks.

On the Rewards page, you can scroll through all the options or type your preferred brand into the search bar. You can also filter the available options to narrow things down. For example, you can specifically look for only gift cards that are on sale. In this case, you can earn more than 1 penny per point when redeeming.

Or you can filter by gift card type, amount, or whether you offer a physical card as a gift or use a digital gift card that may be delivered more quickly.

Step 3: Redeem your offer by specifying the amount

Clicking on the brand of your choice will take you to a page where you can customize your gift card. You must select the gift card amount. The point price will automatically update based on your selection. For example, for a $25 gift card he needs 2,500 points.

You can also choose to have a digital e-gift card or a physical gift card delivered. Once you’ve added one or more gift cards to your cart, you can check out like any other online retailer. Pay with points and all redemptions are final.

One thing to remember is that Chase will auto-populate your shipping address in the contact information on your card account. Instead of redeeming and shipping directly from Ultimate Rewards, you have to do it yourself.

Should I redeem my Ultimate Rewards for a gift card?

Now that you know how to redeem your points for gift cards, it’s worth considering whether you should.

Most gift card redemptions generate a point value of 1 point percent. So a $25 card requires 2,500 points and a $100 gift card requires 10,000 points. However, Chase may offer discounts on gift card purchases. When a sale occurs, the point value increases slightly. For example, Chase Ultimate Rewards points redeemed for a 10% discount gift card are worth 1.11 cents per point.

If there are no sales, you’re better off buying a gift card directly from the merchant and redeeming your points for cash back to offset your purchase. First, when you buy a gift card, you get new rewards. Plus, you get access to an unlimited number of gift cards, not just the selection Chase Ultimate Rewards offers. Finally, compared to the processing and shipping delays required to redeem Chase Ultimate Rewards, purchasing an e-gift card in-store or online may get you a gift card sooner.

Conclusion

To redeem your Chase Ultimate Rewards for a gift card, simply log into your account, select the gift card of your choice, select the amount, and submit your request. In most cases, these rewards are available at the same value as cashback (1 point is worth 1 cent), but the occasional gift card sale can sweeten the deal and make it a good option for Ultimate Rewards. can.