Originally Posted by
JerMah
I thought UR points were 1.20c each? 20% bonus...?
Chase advertises a "20% discount" which is arithmetically identical to a "25% bonus". 1 point = $0.0125 if you hold a Sapphire Preferred, Ink Bold, Ink Plus or JP Morgan Select card.
You always get 20% off when you redeem your points for airfare, hotels, car rentals and cruises. For example, a $500 flight requires just 40,000 points. Booking vacation just got a little more enjoyable.
$500 / 40,000 = $0.0125