Originally Posted by 84fiero

He does say "...1.9 cents apiece when paired with a premium Chase card like Sapphire Preferred..." since you can transfer the points earned with your Ink to CSP.

I'm guessing the 1.9 cents is based upon transferring UR points to airline programs and some sort of average cash "value" of flights that could be redeemed for award tickets, or something like that. Not sure he really explains it though.