what is the rate for transferring freedom points to Sapphire?
If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
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If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
Freedom gives you 1 points per $1 spent same as CSP unless it is in one of the quarterly bonus category, then you get 5 points per $1 spent. I think you are thinking about you can trade in 2000 points and get $20 cash back, and somehow translated that to 100 points/$1.Originally Posted by edisoneachuan92
what is the rate for transferring freedom points to Sapphire? If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
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If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
I think there's a fundamental breakdown in your understanding of these points.Originally Posted by edisoneachuan92
what is the rate for transferring freedom points to Sapphire? If it's 1:1, then as freedom gives you 100 points/$1, you only need to spend 300 bucks to get 30,000 points to transfer to Sapphire, then get all those miles for only $300?
Earning points:
$1 = 1 point, unless it's in a 5x category, in which case it equals 5 points
Redeeming points:
100 points = $1
You need to spend $30,000 to get 30,000 points. Or, in 5x categories, $6K to get 30,000 points.
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Earning points:
$1 = 1 point, unless it's in a 5x category, in which case it equals 5 points
Redeeming points:
100 points = $1
You need to spend $30,000 to get 30,000 points. Or, in 5x categories, $6K to get 30,000 points.
If you read the offer terms from chase freedom, it says" . Each $1 in Cash Back rewards earned is equal to 100 points."Originally Posted by roki
I think there's a fundamental breakdown in your understanding of these points.Earning points:
$1 = 1 point, unless it's in a 5x category, in which case it equals 5 points
Redeeming points:
100 points = $1
You need to spend $30,000 to get 30,000 points. Or, in 5x categories, $6K to get 30,000 points.
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Yes. $1 Cash Back = 100 points. You earn those 100 points by spending $100. 1% Cashback on $100 is $1.Originally Posted by edisoneachuan92
If you read the offer terms from chase freedom, it says" . Each $1 in Cash Back rewards earned is equal to 100 points."
Make sense?
Well on your first reply you just said $1=1 point. So according to the offer term, if $1=100 points, then I only need to spend $300 to get 30,000 points? If THAT makes sense?
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Make sense?
Well on your first reply you just said $1=1 point. So according to the offer term, if $1=100 points, then I only need to spend $300 to get 30,000 points? If THAT makes sense?Originally Posted by roki
Yes. $1 Cash Back = 100 points. You earn those 100 points by spending $100. 1% Cashback on $100 is $1.Make sense?
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Make sense?
Only if you are doing your maths right, if $1=100 points, then $100=10,000 points... correct me if I'm wrong but I guess that's kind of simple. I wanna know if there's a transfer rate as $300 gets you 30,000 UR points sounds too goodOriginally Posted by roki
Yes. $1 Cash Back = 100 points. You earn those 100 points by spending $100. 1% Cashback on $100 is $1.Make sense?
We are talking about 2 things:
1) Earning rate for points
$1 spent = 1 point earned
2) Redeeming rate for points
100 points redeemed = $1 cashback
So in your example, it would be switched in that you want to earn 30,000 points, you must spend $30,000 (excluding 5% categories), but when you redeem 30,000 points you are getting $300 cashback.
1) Earning rate for points
$1 spent = 1 point earned
2) Redeeming rate for points
100 points redeemed = $1 cashback
So in your example, it would be switched in that you want to earn 30,000 points, you must spend $30,000 (excluding 5% categories), but when you redeem 30,000 points you are getting $300 cashback.
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The transfer rate between UR account is 1:1, but hopefully eh9's post will clarify better your confusion. 100 UR points takes $100 spent to EARN. With those 100 points, you could either:Originally Posted by edisoneachuan92
Only if you are doing your maths right, if $1=100 points, then $100=10,000 points... correct me if I'm wrong but I guess that's kind of simple. I wanna know if there's a transfer rate as $300 gets you 30,000 UR points sounds too good
1) Cash out for $1 Cashback
2) Transfer to CSP (1:1) and then to United (1:1) for 100 miles
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1) Earning rate for points
$1 spent = 1 point earned
2) Redeeming rate for points
100 points redeemed = $1 cashback
So in your example, it would be switched in that you want to earn 30,000 points, you must spend $30,000 (excluding 5% categories), but when you redeem 30,000 points you are getting $300 cashback.
Originally Posted by eh9
We are talking about 2 things:1) Earning rate for points
$1 spent = 1 point earned
2) Redeeming rate for points
100 points redeemed = $1 cashback
So in your example, it would be switched in that you want to earn 30,000 points, you must spend $30,000 (excluding 5% categories), but when you redeem 30,000 points you are getting $300 cashback.
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It sounds too good because you're confusing earning and redemption and that has been explained multiple times above.Originally Posted by edisoneachuan92
Only if you are doing your maths right, if $1=100 points, then $100=10,000 points... correct me if I'm wrong but I guess that's kind of simple. I wanna know if there's a transfer rate as $300 gets you 30,000 UR points sounds too good
$300 spend only gets you 300 UR points. You can only redeem 300 UR points for $3 cash back no matter how you transfer the points from one UR card to another. Transferring does not change the amount UR points.
You're certainly welcome to try to make $300 spend into 30,000 UR points but you will be severely disappointed.
