What is the best way to use Chase Freedom Flex points?

Chase points are worth 1 cent per point in most cases. The main exceptions are points earned with the Chase Sapphire Preferred, Sapphire Reserve and Ink Business Preferred cards, which are worth 25% to 50% more when redeemed for travel through Chase Ultimate Rewards.

Chase Points Value by Redemption Method

Popular Chase Credit Cards

• Chase Sapphire Preferred® Card
• Chase Sapphire Reserve®
• Chase Freedom®
• Chase Freedom Unlimited®
• Chase Freedom Flex℠
• Ink Business Preferred® Credit Card

Tips for Maximizing the Value of Chase Points

Redeem Points for Ultimate Rewards Travel.

Chase points are worth the most when redeemed for travel through Chase Ultimate Rewards, but you need the right Chase credit card.

Get a Chase Sapphire card.

Chase Sapphire Preferred points are worth 1.25 cents apiece when redeemed for Ultimate Rewards travel, or you could get 1.5 cents per $1 point in value from Chase Sapphire Reserve.

Redeem Chase points regularly.

Chase points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won’t get to enjoy the fruits of your spending if you don’t redeem.

Keep your account in good standing.

If Chase closes your account because of a failure to pay the bill or fraudulent activity, you’ll lose any unredeemed points you have saved.

Redeem before closing your account.

Any points you don’t redeem before closing your account will be lost.

The Mastercard reward points redemption process depends on the card. But keep in mind that rewards points are offered by the credit card issuers, not by Mastercard or any other network. So, cardholders will need to follow the instructions for their specific card issuer’s rewards program. Most of the time, it’s possible to redeem points through the cardholder’s online account, mobile app, or through a dedicated rewards website run by the issuer. It’s also often possible to redeem points over the phone.... read full answer

How to Redeem Mastercard Points Online

1. Log in to your online account with your user ID and password.
2. Find the accounts page and click the rewards tab.
3. Select your redemption option.
4. Redeem your rewards.

Typically, you can redeem Mastercard reward points for a variety of different things, like cash back/statement credits, travel, gift cards, merchandise, charitable donations, exclusive experiences and more. However, some issuers’ redemption options are more limited than others.

More info regarding Mastercard reward points

It’s important to keep in mind that the value of your points may depend on the redemption option. For example, you might get 1 cent per point toward travel but 0.5 cents per point toward cash back, or vice versa, depending on the card. So if you want to maximize your rewards, you should redeem Mastercard reward points for the options that give you the highest value per point.

It’s also a good idea to redeem often. Issuers have the power to devalue points (make them worth less) at any time, and some points expire after a certain amount of time.