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As shared by Your Mileage May Vary earlier today, those with the Chase Sapphire Reserve® have another reason to love being a cardmember this month. Through May 31st, Ultimate Rewards® points are worth 50% more when redeeming for Apple products.
This represents a huge value if you’re in market for a new MacBook, iPad, or iPhone. I priced out a new MacBook Pro. The cash cost would be $1,999. Normally, the redemption rate would be 199,900 Ultimate Rewards® points, but during the month of May, the cost drops to 133,266 points.
Terms & Conditions:
- Limited-Time Offer for Chase Sapphire Reserve® cardmembers: From 05/01/2023 – 05/31/2023, each point you redeem for Apple merchandise in the Apple® Ultimate Rewards® Store is worth $0.0150, which means that 100 points equals $1.50 in redemption value. If you choose to use points and your Chase Sapphire Reserve® credit card to pay for your purchase, your credit card will be charged the full remaining dollar amount. For example, if you choose to buy Apple merchandise at $120 at $1.50 redemption value and pay for half using points, you would use 4,000 points and your credit card would be billed $60.
- AirPods, Apple, Apple TV, Apple Watch, HomePod, iMac, iPad, iPad Pro, iPhone, MacBook and MacBook Pro are registered trademarks of Apple Inc. All rights reserved.
Anthony’s Take: Since Apple products are rarely discounted aside from around Black Friday/Cyber Monday, this is a great opportunity to snag new tech for a good redemption value.
Anthony’s Credit Card Pick: The Chase Sapphire Reserve® is a great premium card with lots of benefits including a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year; 1:1 point transfer to leading airline and hotel loyalty programs including Hyatt and United; 10
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Advertiser & Editorial Disclosure: The Bulkhead Seat earns an affiliate commission for anyone approved through the links above This compensation may impact how and where links appear on this site. We work to provide the best publicly available offers to our readers. We frequently update them, but this site does not include all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.