Originally Posted by
sciconf
Where is the most value?
Statement credit, GC or Air tkt?
I called them travel center. They said pts get converted in to cash. Depending on domestic or international, you get different amount of cash.
Does this mean, Statement credit is far better deal? ie most value?
The best value is actually to save them until you apply (and are approved) for either a Chase Sapphire Preferred or an Ink Bold card, after which you will be able to transfer the Chase Ultimate Rewards Points (including the points from your Freedom card) to United, Hyatt, BA, etc.
If that's not feasible, I think Chase has gift card sales every once in a while where you can get better than 1 cent / point.