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Chase has launched their new Apple Ultimate Rewards Store today. Sapphire, Ink, and Freedom cardmembers can spend points for Apple products.
The Apple Ultimate Rewards store offers free 7 business day shipping in the 50 United States (no PO boxes or other destinations) and 14 day returns on defective, damaged in transit, or incorrect items only (and no returns on engraved items).
Right now they’ll give you one cent per point in value, they haven’t specified an end date but have flagged this as limited-time. This means a cardholder with only a Freedom card (and no Chase Sapphire Preferred Card or Ink Business Preferred℠ Credit Card to transfer their points to and increase their value) might consider it.
It seems like under normal circumstances no one should be doing this with their points. Anyone getting less than a penny apiece in value for Ultimate Rewards points shouldn’t be collecting the currency in my view.
Indeed Chase Sapphire Preferred Card and Ink Business Preferred℠ Credit Card cardholders get better value straight-up redeeming points for paid travel, and generally the best value transferring points to airline miles or Hyatt points.
- Airlines: United, Southwest, JetBlue, British Airways, Air France KLM, Singapore Airlines, Iberia, Aer Lingus, Virgin Atlantic
- Hotels: Hyatt, Marriott, IHG
If you do want to spend points for Apple products, log into your Ultimate Rewards account and be sure to complete the transaction while points are still worth a penny apiece towards these items. No doubt there are people with more points than opportunity to maximize them, and the holidays are coming.