Chase Adds Apple Products as a Redemption Option for Points

Melissa Lambarena
By Melissa Lambarena 
Published
Edited by Kenley Young
Chase Adds Apple Products as a Redemption Option for Points

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In time for the season of giving, Chase has launched the Apple Ultimate Rewards Store — a way to redeem points for Apple merchandise through the Chase Ultimate Rewards® portal.

As of this week, all Freedom, Sapphire and Ink cardholders can redeem all or some of their rewards for Apple products in the portal.

For a limited time, cardholders will earn a value of one cent per point when they redeem points for Apple products. It won’t beat the added value offered by the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® when you redeem points for travel through Chase, and keep in mind that cash back already redeems for a penny a point. But it does add flexibility to your redemption options.

The Apple Ultimate Rewards Store will feature products such as the Apple TV 4K, Apple Watch Series 4, iPad mini 4 and the iPhone XS.

Cardholders will also continue to have the option to redeem points for gift cards, cash back, statement credit, travel and more, depending on the credit card.

“We know our customers crave flexibility and choice with their rewards, so we are thrilled to provide another option to instantly redeem points for the things our cardmembers love, including Apple’s newest products,” Lisa Walker, managing director of Ultimate Rewards and Loyalty Solutions, said in a news release. “Ahead of the holiday shopping season, we are making it easier for our customers to get the most value out of their rewards.”

The holidays can be unpredictable. You never know when a friend or family member might surprise you with a gift. If you haven't factored them into your holiday budget, you might welcome having this option.

Chase Cards from our Partners
Chase Freedom Unlimited Credit Card

on Chase's website

Chase Freedom Unlimited®
5.0
NerdWallet Rating
Rewards rate

1.5%-6.5%

Enjoy 6.5% cash back on travel purchased through Chase Travel; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

Cashback

Intro offer

$300

Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

Chase Sapphire Preferred Credit Card

on Chase's website

Chase Sapphire Preferred® Card
5.0
NerdWallet Rating
Rewards rate

1x-5x

5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

Points

Intro offer

60,000

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.

Points
Chase Freedom Flex

on Chase's website

Chase Freedom Flex℠
5.0
NerdWallet Rating
Rewards rate

1%-5%

Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.

Cashback

Intro offer

$200

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

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