Posted by William Charles on October 15, 2019
Deals

Published on October 15th, 2019 | by William Charles

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[Expired] Chase Sapphire Reserve Cardholders: 20% Bonus When Redeeming Points For Apple Products (1.2¢ Per Point)

Deal has expired, view more Chase deals by clicking here

The Offer

No direct link to offer

  • Chase is offering some Sapphire Reserve cardholders a 20% bonus when redeeming points for apple products. This means you can get 1.2¢ per point.

The Fine Print

  • Valid until 11/15/2019

Our Verdict

Chase Sapphire Reserve cardholders get a 50% bonus when redeeming points for travel (1.5¢ per point). You can also transfer to travel partners at a 1:1 rate. Most people will find those options better than redeeming for Apple products. It’s also not even a 20% bonus, because you’re paying full price on these items and can’t go through a portal.



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Frank Rizzo
Frank Rizzo

There is also the opportunity cost. Kinda hard to earn points when you’re using points for the purchase.

86
86

You save 20% off the amount of points redeemed, not 20% off the price of the phone. You’re better off saving the points for travel at the 50% bonus, etc.

Celia
Celia

I’d make the argument of what if you don’t travel though I can’t imagine anyone having the CSR that doesn’t unless someone got the card for the bonus only and have no use for the points other than cash. In that case, there might be a use but someone like that most likely wouldn’t be frequenting a blog such as this. 🙂

Vy
Vy

It’s a trap.

Chase wants to draw down its liability reserves before the end of Q4.

David
David

As an accountant and shareholder, that seems pretty plausable to me.

T
T

Is there a point where one might have too much invested in UR? Say 500k and this is a way to draw down without traveling?

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