When you earn cash back with a Chase Freedom or Chase Freedom Unlimited credit card, you’re actually earning Chase Ultimate Rewards points — you’re just limited to redeeming them for cash.
If you open a different Chase Ultimate Rewards card, like the Chase Sapphire Preferred Card, Chase Sapphire Reserve, or Chase Ink Business Preferred, you can pool your points and unlock more valuable ways to redeem them.
The best options are to use them to book travel through Chase, or transfer them to frequent flyer partners.
Of course, you always have the option of sticking with cash if you prefer.
The Chase Freedom and Chase Freedom Unlimited cards are two fantastic options if you’re looking for a cash-back credit card. However, if you’re interested in upgrading to travel rewards points — which can be more valuable than straight cash — it’s possible to convert anything you earn with the Chase Freedom-brand cards.
Why you might want Chase points instead of cash back
Certain other cards from Chase — including the Chase Sapphire Preferred, Chase Sapphire Reserve, and Chase Ink Business Preferred — earn rewards points within Chase’s loyalty ecosystem, “Chase Ultimate …read more
Source:: Businessinsider – Life