If you have been living on Earth sometime in the past couple of decades or so, chances are you have at least one credit card stashed in your wallet. It is even more likely that you have a couple more cards keeping it company.
Gone are the days when only banks issued credit cards. Nowadays, almost any customer club that dignifies itself also issues credit cards for its members. However, since banks are veterans in this field, it can be hard competing with their experience and offered benefits. Such is the case with Chase’s credit cards and associated Chase Rewards loyalty program.
Joining the Program
Joining the Chase Rewards loyalty program is as easy as pie. All you have to do is apply for one of their credit cards. It does not matter if there is a hoard of credit cards peacefully resting in your wallet or if you are applying for your very first card, the procedure is similar and easy enough. Once you have a card issued, you are on board.
Important to Know
Once you get one of Chase’s credit cards, there a couple of things you should be aware of:
Sign-up bonus – after getting your card and spending a certain amount with it, you will be awarded a significant number of sign-up bonus points (the number of points changes according to the specific type of card) that can later be used.
Bonus rates – not all purchases warrant the same rate of points. Some purchase, like travel or dining, usually award more points than other purchases. Make sure you are aware of the differences and plan your purchases accordingly.
Annual fee – credit cards are not free. Each card costs an annual fee, so make sure you are aware of what you will have to pay and make sure it is worth it according to your specific needs and preferences.
Benefits – besides getting points each card offers additional benefits which can be a game changer for some people. Check those out before making your decision.
Use Your Points
Now it is time for the fun part! Once you have been awarded enough points you can start using them. You will be able to redeem your points and get third-party gift cards, travel redemption options including access to transfer partners which can be great, and other exciting options. Naturally, the more prestigious and expensive the card, the better its benefits and redemption options. Try checking out Chase’s travel portal to learn about your specific redemption options.
Another great way to use your Chase Awards is by transferring them to partners who participate in the program. This means you will be able to convert your Chase Awards to points of other companies, such as United Airlines, Singapore Airlines, JetBlue, Marriott, British Airways and the like.
This offers freedom in planning how to use your points in the manner that suits you best and that generates the most value according to your specific needs and preferences.