Redeem Chase Ultimate Rewards for Gift Cards with 10% Discount

Chase has a a new promotion for redeeming Ultimate Rewards points for gift cards. This offer is for a 10% discount on the following gift cards when you redeem your reward points through Chase Ultimate Rewards portal. Some of the offers are limited to Freedom and Freedom Unlimited Cards, or Sapphire Preferred and Sapphire Reserve only.

Update: This offer is available again. Brands are different. (HT: DoC)

  • Applebee’s (Freedom ONLY)
  • Barnes & Noble
  • Bath & Body Works
  • Belk (Freedom & Sapphire ONLY)
  • Bob Evans
  • Chipotle (Freedom ONLY)
  • Domino’s
  • Express
  • GameStop
  • GAP & GAP Options
  • H&M
  • Happy Treat’s
  • Lowe’s
  • Lululemon (Sapphire ONLY)
  • Panera Bread
  • P.F. Chang’s (Freedom ONLY)
  • Red Lobster Discount is 5%; (Freedom ONLY)
  • Red Robin
  • Staples (Ink ONLY)
  • Texas Roadhouse – (Freedom ONLY)
  • ULTA

Offer Terms

  • Only limited gift card quantities are available

Guru’s Wrap-up

Using Chase Ultimate Rewards for gift cards is not the best idea. You can get more value when you redeem for travel, transfer points to travel partners, or through Pay Yourself Back. But right now, it could be an option to use your points, since travel is out of the question.

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