Chase Sapphire Reserve Redemption Rate

If you have the chase sapphire reserve chase sapphire preferred card or ink business preferred credit card booking through the travel portal at a rate of 1 25 1 5 cents per point will be a solid baseline redemption for many travelers.

Chase sapphire reserve redemption rate.

Sapphire reserve is broadening your world of benefits. Chase sapphire reserve only because an authorized user costs an extra 100 with amex. Earn up to 120 in doordash statement credits through 12 31 2021. Chase has an unofficial but very real.

The following redemption options are only available with the chase sapphire preferred card and chase sapphire reserve. Book rewards travel at an enhanced value via the chase ultimate rewards travel portal. Perhaps the 100 difference will not be decisive in your overall calculations. You can also transfer miles but the sapphire preferred has a much better rate of redemption.

Chase sapphire preferred card offers a 25 bonus value and chase sapphire reserve offers a 50 bonus value on points redeemed. With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories. Personally i d be far less inclined to redeem points via pay yourself back at 1 25 cents apiece compared with the 1 5 cent option you have with chase sapphire reserve but it s certainly a better alternative to redeeming ultimate rewards points for a statement credit at the standard 1 cent rate. Earn up to 120 in statement credits on qualifying doordash purchases through 12 31 2021 that s 60 in statement credits through 12 31 2020 and another 60 in statement.

That being said these cards are aimed at well heeled consumers. Chase sapphire reserve cardholders will get 1 5 cents per point toward. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. The redemption rate matches what cardholders would receive if redeeming points toward travel through the chase travel portal.

However to really get maximum value look to transfer your points to the program s litany of travel. Chase sapphire reserve earn 50 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening. That s 750 toward travel when you redeem through chase ultimate rewards 300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year. Both the chase sapphire reserve card and the amex platinum card charge 550 per year.