Chip Lupo, Credit Card Writer
@CLoop
50,000 Chase Sapphire Reserve® points are worth $750 when redeemed for Gift Cards through Chase Ultimate Rewards. Chase Sapphire Reserve also offers several other methods for cardholders to redeem points, albeit for lesser value.
Chase Sapphire Reserve points Value by Redemption Method
| Redemption Method | Average Point Value | Value of 50,000 Points |
| Gift Cards | 1 cent | $750 |
| Cash Back | 1 cent | $500 |
| Gift Cards | 1 cent | $500 |
| Shop with Points (Amazon.com) | 0.8 cent | $400 |
Chase Sapphire Reserve points also have the potential for good value if you transfer them to a participating airline or hotel partner through Chase Sapphire Reserve Ultimate Rewards. Points transfers are done at a 1:1 ratio, but only in 1,000-point increments. How valuable those points will be depends on how much the travel partner’s points or miles are worth.
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