Because while you can not transfer the chase ultimate rewards points you earn with freedom directly to airline partners you can first move them to your chase sapphire preferred card.
Chase freedom points to sapphire reserve.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Global entry or tsa precheck application fee statement credit.
Chase sapphire reserve first consider the chase sapphire reserve a premium travel rewards card that earns three points per 1 spent on eligible travel and dining purchases and one point per 1 spent on all other eligible purchases.
If you choose to use points and your chase sapphire reserve credit card to pay for your purchase each point will be worth 0150 but your credit card will be charged the full remaining dollar amount.
The chase freedom unlimited card earns 1 5 cash back on all spending useful for spending in categories where other credit cards don t offer a bonus the cash back from freedom cards can be converted to valuable ultimate rewards points if you hold either the chase sapphire reserve or chase sapphire preferred credit cards.
5 7 points 7x points on qualifying lyft rides through 03 2022.
These points can be converted into airline miles or hotel points when transferred to one of chase s 10 airline and three hotel partners.
Your chase sapphire reserve account must be used to pay for qualifying lyft products and services and be open and not in default to maintain membership benefits.
The chase freedom flex card and the chase freedom unlimited card will offer 5 cash back 5x points per dollar your spend when you purchase travel thru chase s ultimate rewards portal conversely you earn 2x and 3x points per dollar you spend for all travel with your chase sapphire preferred and reserve card respectively.
Points transferred to the chase sapphire preferred card chase sapphire reserve and ink business preferred credit card have another great benefit.
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.
Chase has sent emails to some sapphire and freedom cardholders offering a bonus of 500 ultimate rewards points after using tap to pay 3 times between august 20 2020 and september 30 2020.
You ll earn 7 additional points for each 1 spent when your card is used for qualifying lyft products and services.
This card comes with a hefty 550 annual fee so it s not for everyone.
Each transaction has to be a minimum of 1 75 but i could see this being worth doing if you are going to make a couple of small purchases anyway.