Freedom, Freedom Unlimited, Freedom Flex, and Freedom Student: Points are worth 10% more. Ink Business Cash, Ink Cash and Ink Business Unlimited: Points are worth 10% more. Ink Business Preferred and Ink Plus: Points are worth 25% more. Sapphire Preferred: Points are worth 25% more. The program works by allowing customers to use their points as credit towards their Apple purchases. For example, if you choose to buy an Apple device that costs at $120 at $1.25 redemption value, and pay for half using points, you would use 4,800 points and your credit card would be billed $60.
Chase has announced that it will once again offer a bonus to cardholders who use their Ultimate Rewards points to purchase Apple products. The promotion is similar to others run by Chase in the past, offering a 50 percent bonus that begins today and runs until the end of the month. Chase first launched its dedicated Apple Ultimate Rewards Store in 2018, giving cardholders another way to put their credit card points to use. The dedicated Apple storefront is accessible through Chase’s Ultimate Rewards storefront and sells almost everything from Apple, including the latest MacBook Pros, iPhone 13 models, and much more.
As always, you can usually get a better bang for your buck when using your Chase points for travel or transferring them to a travel partner. If you have an Apple purchase planned and a decent amount of Chase points banked, however, you could use some of those points to lower the price. If you aren’t already a Chase cardholder, don’t forget the company is currently running a very lucrative sign up bonus for its popular Chase Sapphire Preferred card. You can earn 80,000 bonus points, which would get you $1,000 towards an Apple purchase with this promotion.