Chase Ultimate Rewards are one of the valuable flexible currency for transferring to travel partners (various airlines and hotels) as well as for redeeming at 1.25x or 1.5x for travel or for now to "pay yourself back" on variety of purchases such as Grocery and Dining. At the same time it is hard to acquire Chase cards due to well know "5/24 rule" where in short Chase would not issue you a card if you have 5 or more opened account in the last 24 months.
One great work-around if you have family and friends to support you is the Chase credit card referral offers. Currently you can earn 20,000 Ultimate Rewards Points for each referral (Up to 100,000 Ultimate Rewards points per calendar year) if you posses the Chase Sapphire Preferred or Chase Ink credit card.
The icing on the cake is the person who you refer will earn an all-time high "100,000 Ultimate Rewards Points" for Chase Sapphire Preferred and Chase Ink Business Preferred (After meeting minimum spend). Also other No-annual fee Chase Ink card's earn 75,000 Ultimate Rewards Points as sign up bonus after minimum spend meet which are as good as it gets. So overall its a win-win situation for both referrer and referee!!
To check if you are eligible to refer others use below link and get rolling:
If you are eligible you could potentially earn 20,000 Ultimate Rewards Points per referral which are valued at least $250 based on the "pay yourself back" feature but might provide much higher value for specific travel redemptions. So go ahead and get referring!!
Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website.
I love traveling / backpacking. This blog focuses on below 3 aspects of travel:
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