For a limited time, Chase cardholders can redeem points for Apple products through Ultimate Rewards with up to a 50% bonus

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An iPhone laying on a MacBook keyboard. Its screen shows the Apple logo with a half-filled progress bar underneath it.

Chase points are unusually valuable for Apple products for a limited time. Tada Images/Shutterstock
  • Chase is offering a bonus when you redeem points to purchase Apple products through Ultimate Rewards.
  • You'll get a 10% to 50% bonus (1.1 to 1.5 cents per point) depending on the Chase card you have.
  • The Chase Ultimate Rewards Apple promotion runs through November 30, 2022.
  • Read Insider's guide to the best Chase credit cards.

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The holiday shopping season is upon us, and if a new phone or gadget is on your list, you could get a better deal when you redeem points to purchase Apple products through the Chase Ultimate Rewards portal.

Normally, Chase points are worth 1 cent apiece toward Apple purchases made through Chase. But through November 30, 2022, they're worth between 1.1 and 1.5 cents each, depending on which card you have.

Insider's Featured Rewards Credit Cards

  • Wells Fargo Autograph℠ Card

  • Citi Premier® Card

  • Chase Sapphire Preferred® Card

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Earn unlimited 3x points on restaurants, travel, gas stations, transit, popular streaming services and phone plans. Earn 1x points on other purchases.

30,000 bonus points when you spend $1,500 in purchases in the first 3 months from account opening

Earn 3x ThankYou® points at restaurants and supermarkets. Earn 3x ThankYou® points at gas stations, air travel, and hotels. Earn 1x ThankYou® points on all other purchases

80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

Earn 5x points on all travel purchased through Chase Ultimate Rewards. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn 2x points on other travel. Earn 1x point per dollar on everything else.

60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Using credit card points to buy holiday gifts is a good way to save money if you're trying to cut costs, but you'll typically get a lower value than if you used points for other redemptions, like transfers to airline and hotel partners.

However, with this bonus, it could make more sense. Here's what to know about the promotion.

We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Buy Apple products using Chase points with a bonus

Chase Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Rewards

Earn 5x points on all travel purchased through Chase Ultimate Rewards. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn 2x points on other travel. Earn 1x point per dollar on everything else.

Chase Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Rewards

Earn 5x points on all travel purchased through Chase Ultimate Rewards. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn 2x points on other travel. Earn 1x point per dollar on everything else.

Chase Chase Sapphire Preferred® Card

Card Details

Rewards

Earn 5x points on all travel purchased through Chase Ultimate Rewards. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn 2x points on other travel. Earn 1x point per dollar on everything else.

Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Recommended Credit

Good to Excellent

Recommended credit score. Note that credit card lenders may use many different variations of credit score models when considering your application.

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Regular APR

18.24% - 25.24% Variable

Editor's Rating

4.8/5

Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

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Pros Cons

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High intro bonus offer starts you off with lots of points

Check mark icon A check mark. It indicates a confirmation of your intended interaction.

Strong travel coverage

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Doesn't offer a Global Entry/TSA PreCheck application fee credit

Highlights

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  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.

Additional Reading

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If you have a Chase Ultimate Rewards earning card, you can redeem your points directly for Apple products through the Apple Ultimate Rewards store. Most popular items, like MacBooks, iPhones, AirPods, and iPads, are offered through the portal, and the pricing is in line with what you'll see on Apple's website.

Instead of getting a value of 1 cent per point when you redeem this way, this promotion offers a 10% to 50% bonus, depending on the card you have:

With the Chase Sapphire Reserve®, Chase Sapphire Preferred® Card, and Ink Business Preferred® Credit Card, this is the same redemption rate you'll receive when using Chase points to book travel through the Chase Travel Portal.

Bottom line

You'll get the most value for Chase Ultimate Rewards points by transferring them to airline and hotel partners such as Hyatt, United Airlines, and Air Canada Aeroplan for (nearly) free travel. However, if travel isn't in your foreseeable future, this latest promotion between Chase and Apple could be a perfectly reasonable redemption for you.

We usually see this deal pop up once per year around this time. If you're unsure as to whether you'd like to use your points this way, there's a good chance you'll get another opportunity in 2023.

Joseph Hostetler, CEPF

Credit cards reporter

Joseph Hostetler is a credit cards reporter for Insider who also covers helpful miles and points tricks. He is also a Certified Educator in Personal Finance (CEPF). Joseph has more than five years of experience writing professionally about credit cards, previously authoring and editing for The Points Guy and Million Mile Secrets.  You can reach Joseph at jhostetler@insider.com. Learn more about how Personal Finance Insider chooses, rates, and covers financial products and services »

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