Yeah, it’s been another long while since I posted. But this card’s initial bonus is expiring soon and it’s too good a card not to make people aware. First thing to point out: this is a business card. I haven’t addressed business cards before because they’re a little tricky and you must have a registered business (including a sole proprietorship) to qualify for the card. If I keep posting, I’ll explain a little more about the idiosyncrasies of business cards. But, let’s start at the top, shall we?
So, this is a tricky subject. Especially when the answer is usually: nothing. Points and Miles (that are not strictly cash back) are generally best used for travel to achieve maximum value. But sometimes there are opportunities and exceptions. Because sometimes a gift from 1800-Flowers just isn’t enough.
Let me give you a few examples:
On the top of the list is Chase Ultimate Rewards (UR) Points. These (flexible) points can be redeemed for cash on a 1:1 ratio. So if you have 100,000 UR points, you have $1,000 cash (or $1,000 in gift cards). This is fine in a pinch, but you can easily squeeze $0.015-0.02+ out of each point (for a $1,500-2,000 value). Continue reading “Tips, Tricks & Tactics: Best Uses for Points and Miles Other than Travel”