Gift cards are a simple way to redeem credit card rewards, and Chase is currently offering a 10% discount on select gift cards through November 30, 2020. All Chase Ultimate Rewards® card members are eligible to receive the 10% discount, except where noted below.
Eligible cards include: Chase Freedom Flex℠, Chase Freedom Unlimited®, Chase Freedom® (no longer accepting new applicants), Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Ink Business Preferred® Credit Card, Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card.
The offer is for a 10% discount on the following gift cards when you redeem your reward points through Chase Ultimate Rewards®, except where noted:
To take advantage of this offer, log into your account and click on "Ultimate Rewards®" then "Shop Gift Cards." You can navigate to "Recommendations" and sort by "Sale."
Minimum gift card redemption amounts vary by merchant, but many cards have $15 or $25 minimums. The value of one point is worth a penny. For example, a $25 Fandango gift card would typically cost 2,500 points, but with the promo it's 2,250 points.
Gift cards are shipped and you have two options: free standard shipping, which takes six to 10 days, or rush shipping, which costs $10 and takes three to six days.
Note that there are limited gift card quantities available, so some offers may be pulled prior to Nov. 30, 2020.
Information about Chase Freedom® has been collected independently by CNBC and has not been reviewed or provided by the issuer of the card prior to publication.