What Is Chase Dining?

A Study of Rewards Credit Cards for Travellers

A rewards credit card is a card that gives you points for spending. You can redeem your rewards credit cards for perks by making purchases. Cash back, airline miles, rewards points, and merchandise are all available through your credit card company.

There are either a flat rate on the cash you receive or tiered rewards on the cash back cards. You will earn a percentage of cash back per purchase if you use a flat-rate card. If you spend more money, you can get a larger cash back rate from certain categories.

Travel credit cards can be used to make purchases at hotels, airlines and online travel agencies and can offer you points and miles. You can redeem your points for perks and rewards at the hotel you sign up for if you sign up for a hotel card. If you use a co- branded airline rewards card, you can get additional bonus points or miles, along with free checked bags, discounted food and drinks, and lounge club access at the airport.

Some credit cards have limits on how many rewards you can earn during a certain period of time, and some only allow you to earn rewards once you reach a specified threshold of spending. To decide what cash back card is right for you, you need to consider how much you will have to spend to receive the rewards and what rewards match your preferences. Credit card companies create their own rewards programs for credit issuer rewards cards.

Similar to other rewards credit cards, you can earn points by spending money on the card and redeem them later. You can redeem your rewards on a credit issuer rewards card in a number of ways. You can transfer your points to travel loyalty programs if the credit card company is involved with them.

Pay Yourself Back with Chase

Pay Yourself Back is a program where Ink Business card holders can redeem their points for shipping, internet, cable, phone services, select charities, and advertising purchases made with social media sites and search engines. Chase offers a way to redeem great value on purchases. Chase Pay Yourself Back is a great supplement to the Ultimate rewards.

You can redeem points from your Chase card at a rate of 1.5 cents per point value and from your Chase card at a rate of 1.25 cents per point value. You should be able to call and ask for a check. You can apply the credit to any of your other Chase cards that have a balance.

The Pay Yourself Back benefit should not be a tax-deductible activity since you are receiving a percentage of your existing spending as a reward back to you. You could always cash out the points as a statement credit towards your purchase, and it was 1 cent per point. If you know you will use a particular travel transfer partner in the future, you could transfer your points to that program.

Rewards Points for Travel and Shopping on the Chase Ultimate Rewards Portal

When you redeem cash statement credits, gift cards, and Amazon.com shopping credits, each point is worth 1 cent. When booking award travel, your points are worth at least 1.25 cents each. Your points are worth 1 cent for every redemption you make with the Chase Freedom unlimited.

When booking award travel on the Chase Ultimate rewards portal, you will get 25% more points, making 10,000 points worth $125. If you redeem your points for cash rewards, the same 10,000 points are worth $100. The Ultimate rewards hotel credit is $50 a year.

It comes in the form of a statement credit that will be applied to your account when your card is used for hotel accommodation purchases, up to annual maximum of $50. You can redeem your points for cash, gift cards, award travel, and Amazon.com shopping points. Your points are worth 1 cent for any redemption option.