Redeem Chase Ultimate Rewards for Gift Cards with Up to 15% Discount
Chase has a a new promotion for redeeming Ultimate Rewards points for gift cards. This offer is for up to a 15% discount if you have the Sapphire Reserve card, or 10% discount with other Ultimate Rewards cards. The discount applies to select gift cards when you redeem your reward points through Chase Ultimate Rewards portal. Eligible gift cards include:
- Apple (15% off with CSR)
- Wayfair (15% off)
- Fanatics (15% off)
- Fandango (15% off)
- ULTA (15% off)
- Instacart (10% off)
- Home Depot (10% off)
- Several Choice gift cards (10% off)
- Under Armour (10% off)
- Adidas (10% off)
Important Terms
- Only limited gift card quantities are available.
Guru’s Wrap-up
Using Chase Ultimate Rewards for gift cards is not the best idea. You can get more value when you redeem for travel, transfer points to travel partners, or through Pay Yourself Back. But it could make sense if you only have a small amount of points, or are considering cashing them out at 1 cent each. Apple is probably the best option here.
