Please note: this post has been edited to reflect changes to certain credit card names, images, and earning structures.
Chase is offering Ultimate Rewards members a chance to redeem points for gift cards — at a 10% discount!
Examples of Ultimate Rewards-earning cards are:
- Chase Sapphire Reserve
- Chase Sapphire Preferred
- Chase Freedom Unlimited
- Chase Freedom Flex
- Chase Ink Business Unlimited
- Chase Ink Business Cash
- Chase Ink Business Preferred
10% Points Discount for Gift Cards
Through May, the below gift cards are available for a 10% discount when redeeming Ultimate Rewards points for them.
Limited quantities are available. Some credit card members aren’t eligible for certain gift cards. (I’ll denote those below.)
- Applebee’s (Freedom cards only)
- Barnes & Noble
- Bath & Body Works
- Belk (Freedom & Sapphire cards only)
- Bob Evans
- Chipotle (Freedom cards only)
- GAP & GAP Options
- Happy Treat’s
- Lululemon (Sapphire cards only)
- Panera Bread
- P.F. Chang’s (Freedom cards only)
- Red Lobster (Discount is 5% discount and Freedom cards only)
- Red Robin
- Staples – (Ink cards only)
- Texas Roadhouse – (Freedom only)
The offer is valid through May 31, supplies permitting,
This certainly is a nice promotion from Chase! If you need to save money on food, there are a bunch of great options available.
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