Sydney Garth, Credit Cards Moderator
@sydneygarth
You can redeem your Chase Sapphire Preferred points either online or through the Chase mobile app. When it comes to redemption methods, you have quite a few options to choose from.
Chase Sapphire Preferred Redemption Options
- Travel: Chase Sapphire Preferred rewards points are best used for travel booked through Chase Ultimate Rewards. Just select " Travel" once you're signed in.
- Cash back: You can redeem your points to either get a statement credit or a direct deposit to a U.S. checking or savings account. To do so, log in to the Ultimate Rewards portal and choose "Cash Back".
- Gift cards: You can convert Chase Sapphire Preferred rewards into gift cards. Plus, there are more than 175 brands to choose from. In order to use your points for gift cards, log in to the Ultimate Rewards portal and choose "Gift Cards".
- Pay with Points: You can use your Chase Sapphire Preferred rewards points when checking out on Amazon.com or with PayPal. Follow the instructions for both Amazon and PayPal to get started.
- Apple purchases: You can use your points to pay for all or part of your Apple purchases through the Ultimate Rewards store.
- Experiences: You can trade your points to attend exclusive experiences, such as virtual events, box seats, backstage passes, and more. Simply log in to the Ultimate Rewards portal and choose "Experiences".
- Transfer points to Chase's travel partners: You can transfer Chase Sapphire Preferred rewards points to partnered airline and hotel loyalty programs at full 1:1 value. Just confirm that you have a loyalty account, then select "Transfer to Travel Partners" in the Ultimate Rewards portal.
- Previous purchases: You can redeem your points for a statement credit on one or more of your eligible purchases. To do so, log in to the Ultimate Rewards portal and choose "Pay Yourself Back".
- Dining: You can redeem your points for takeout, reservations, or exclusive culinary experiences. To do so, log in to the Ultimate Rewards portal and choose "Chase Dining".
As you can see, there are plenty of ways to redeem your Chase Sapphire Preferred points. So, it’s a good idea to explore all your options before redeeming, to see which best suits your needs.
Chase Sapphire Preferred® Card
People also ask
What's the Chase Sapphire Preferred points value?
The Chase Sapphire Preferred points are worth 1 cent to 1.25 cents apiece, depending on how you redeem them. For example, you could redeem 10,000 points for a $100 statement credit or use them to book $125 in travel through Chase Ultimate Rewards. It’s important to note, though, that you only get extra value through Chase Ultimate rewards if you have one of the following credit cards: Chase Sapphire Preferred, Chase Sapphire Reserve®, or Ink Business Preferred® Credit Card. (And Chase Sapphire Reserve gets you 1.5 cents per point...
read full answerWhat is the best way to use Chase Sapphire Preferred points?
The best way to use Chase Sapphire Preferred points is for travel through Chase Ultimate Rewards. Chase Sapphire Preferred points are generally worth 1.25 cents per point when redeemed this way, which is more valuable than the other redemption methods.
Ways to Redeem Chase Sapphire Preferred Points
- Travel through Ultimate Chase Rewards: 1.25 cents per point
- Travel: 1 cent per point
- Dining: 1 cent per point
- Grocery purchases: 1 cent per point
Lastly, to...
read full answerHow do you redeem Chase rewards?
The easiest way you can redeem Chase rewards is online, but you can also do that over the phone at (800) 432-3117. You can redeem Chase rewards for gift cards, travel, statement credits and cash. Chase points are generally worth 1 cent each, regardless of what they’re redeemed for. If you’re redeeming for cash, you can also go to a Chase branch. You’ll get your money as a statement credit or as an electronic deposit to the bank account...
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