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Established Contributor
Vegas247
Posts: 643
Registered: ‎01-20-2014

Chase UR Points Question

[ Edited ]

I log on to my Chase account for my Freedom Card, and it says I have 11,980 Total Points available.....What does this mean? How can I use the points? Cashback?

$600 Barclaycard® Rewards MasterCard® - Average Credit $3500 Blue Cash Everyday® Card from American Express $3000 Discover it® - 18 Month Balance Transfer $8000 Chase Freedom® - $200 Bonus 11k VSiggy
Established Contributor
-NewGuy-
Posts: 2,358
Registered: ‎12-18-2013

Re: Chase UR Points Question


Vegas247 wrote:

I log on to my Chase account for my Freedom Card, and it says I have 11,980 Total Points available.....What does this mean? How can I use the points? Cashback?


Yep, Freedom points can be redeemed for cash back, on Amazon.com, and possibly for gift cards. The other option is to get a CSP at some point, and then you can transfer them to travel partners.

Frequent Contributor
MT936
Posts: 458
Registered: ‎06-28-2014

Re: Chase UR Points Question

You can use it for statement credit or on amazon that is a little over $100 you can also shop online through many of the UR partners online  through the UR page 


NPSL.....................$7500.....................$5100...................$2500..................$2500....................$1300......................$500..........

21 year old college student. 751 FICO. Been building credit since age 17. Last APP 7/14/14

Established Contributor
nachoslibres
Posts: 539
Registered: ‎04-24-2014

Re: Chase UR Points Question

[ Edited ]

Vegas247 wrote:

I log on to my Chase account for my Freedom Card, and it says I have 11,980 Total Points available.....What does this mean? How can I use the points? Cashback?


If you don't have a CSP, Ink Bold, Ink Plus, or Palladium card then your points or Ulimate Rewards are only worth $0.01 each in the form of cash back or gift cards - so $119.80 for the figure you gave above.  If you were to have a CSP, Ink Bold, Ink Plus, or Palladium card then you could transfer those points or Ultimate Rewards to travel partners - like United, Southwest, Hyatt, etc. - and depending how you spend earn from $0.02 - $0.07 / UR - giving you anywhere from 2 - 7 times the amount of travel for free.

           
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Frequent Contributor
MT936
Posts: 458
Registered: ‎06-28-2014

Re: Chase UR Points Question

With annual fee but yes

NPSL.....................$7500.....................$5100...................$2500..................$2500....................$1300......................$500..........

21 year old college student. 751 FICO. Been building credit since age 17. Last APP 7/14/14

Senior Contributor
longtimelurker
Posts: 5,373
Registered: ‎04-22-2013

Re: Chase UR Points Question


MT936 wrote:
With annual fee but yes

With annual fee, but also with bonus worth several years AF!

Most active cards: Amex BC ($50K), Cap One QS ($33K) Fidelity Amex ($20K)
Others: CSP, Freedom, Chase Amazon, Cap One QS, Penfed Plat Rewards (x2), Citi TY Preferred, Citi Dividend, Citi AA Plat Select, Citi Forward, Amex BCE, Amalgamated Bank, Sallie Mae, Cash Plus
Scores May 14: EQ 848, EX 833, TU 841 (Jul)
Established Contributor
Vegas247
Posts: 643
Registered: ‎01-20-2014

Re: Chase UR Points Question

Thanks everyone....I used my 119.80 for a statement credit today.....

$600 Barclaycard® Rewards MasterCard® - Average Credit $3500 Blue Cash Everyday® Card from American Express $3000 Discover it® - 18 Month Balance Transfer $8000 Chase Freedom® - $200 Bonus 11k VSiggy
New Contributor
s_haliz
Posts: 225
Registered: ‎06-28-2014

Re: Chase UR Points Question


nachoslibres wrote:

Vegas247 wrote:

I log on to my Chase account for my Freedom Card, and it says I have 11,980 Total Points available.....What does this mean? How can I use the points? Cashback?


If you don't have a CSP, Ink Bold, Ink Plus, or Palladium card then your points or Ulimate Rewards are only worth $0.01 each in the form of cash back or gift cards - so $119.80 for the figure you gave above.  If you were to have a CSP, Ink Bold, Ink Plus, or Palladium card then you could transfer those points or Ultimate Rewards to travel partners - like United, Southwest, Hyatt, etc. - and depending how you spend earn from $0.02 - $0.07 / UR - giving you anywhere from 2 - 7 times the amount of travel for free.


Good information...

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