Redeem United Miles to Pay Credit Card Annual Fees at 1.5¢ Value
United miles can be used to pay for Club Membership, award travel, or to pay the annual fees on United credit cards. Usually the best value for your miles is redeeming for travel. The value of using miles for a club membership is about 0.75¢, and 1¢ for credit card fees.
But now, for a limited time, United is offering a value of 1.5¢ per mile to pay your annual fees on United credit cards. That’s a very good value, especially now. The promotion applies only if your annual fee was billed in March, April, or May.
You should also try calling Chase and see if they will refund you the annual fee. They have been somewhat generous with Chase United credit cards. Let me know if that have worked for you recently.