Author Topic: chase ultimate rewards, sell vs transfer  (Read 4726 times)

Offline menashe04

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chase ultimate rewards, sell vs transfer
« on: June 30, 2015, 11:49:04 AM »
Hi I have 500k Chase UR points,
Should I sell, or is it worth transferring to any airline mileage first, in a way that I get more value for the points, or even get a status at any particular airline?

Offline Marco Polo

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Re: chase ultimate rewards, sell vs transfer
« Reply #1 on: June 30, 2015, 11:49:56 AM »
Hi I have 500k Chase UR points,
Should I sell, or is it worth transferring to any airline mileage first, in a way that I get more value for the points, or even get a status at any particular airline?
More value selling as UR.

Won't get any status by transferring points.
Quaerite et Invenietis.

Offline ChaimMoskowitz

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Re: chase ultimate rewards, sell vs transfer
« Reply #2 on: June 30, 2015, 11:52:55 AM »
Hi I have 500k Chase UR points,
Should I sell, or is it worth transferring to any airline mileage first, in a way that I get more value for the points, or even get a status at any particular airline?
You should also expect some PM's.  :)
I just found a new supply of forks!

Offline zlt123

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Re: chase ultimate rewards, sell vs transfer
« Reply #3 on: June 30, 2015, 12:04:30 PM »
why do you think he posted it:-)

Offline menashe04

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Re: chase ultimate rewards, sell vs transfer
« Reply #4 on: June 30, 2015, 12:20:27 PM »
I really don't feel like selling yet,
I feel keeping it will give me better value in the long run if I'll use the points myself, rather than selling for what's being offered these days,
What would be the best airline to transfer to?

Offline Marco Polo

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Re: chase ultimate rewards, sell vs transfer
« Reply #5 on: June 30, 2015, 12:21:30 PM »
I really don't feel like selling yet,
I feel keeping it will give me better value in the long run if I'll use the points myself, rather than selling for what's being offered these days,
What would be the best airline to transfer to?
You will definitely get more value using it yourself.

Transferring to an airline really kind of needs some kind of idea where you would want to go.
Quaerite et Invenietis.

Offline Mordyk

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Re: chase ultimate rewards, sell vs transfer
« Reply #6 on: June 30, 2015, 12:25:04 PM »
I really don't feel like selling yet,
I feel keeping it will give me better value in the long run if I'll use the points myself, rather than selling for what's being offered these days,
What would be the best airline to transfer to?
why are you so desperate to transfer? hold it in your UR account until you are ready to use it
#TYH

Offline tzifanya54

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Re: chase ultimate rewards, sell vs transfer
« Reply #7 on: June 30, 2015, 12:27:08 PM »
why are you so desperate to transfer? hold it in your UR account until you are ready to use it
+1
Also if you transfer it to an airline some brokers won't buy those accounts.

Offline menashe04

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Re: chase ultimate rewards, sell vs transfer
« Reply #8 on: June 30, 2015, 12:30:29 PM »
why are you so desperate to transfer? hold it in your UR account until you are ready to use it
I'm considering closing the chase cc, not sure yet, though want to explore the best options for the points and for my wallet

Offline Marco Polo

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Re: chase ultimate rewards, sell vs transfer
« Reply #9 on: June 30, 2015, 12:31:50 PM »
I'm considering closing the chase cc, not sure yet, though want to explore the best options for the points and for my wallet
Just keep them all in your Freedom until you are ready, then get a higher card to transfer them out.
Quaerite et Invenietis.

Offline Mordyk

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Re: chase ultimate rewards, sell vs transfer
« Reply #10 on: June 30, 2015, 12:33:37 PM »
Just keep them all in your Freedom until you are ready, then get a higher card to transfer them out.
+1   you can devalue your points very drastically if you make any of the other transfers or changes
#TYH

Offline menashe04

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Re: chase ultimate rewards, sell vs transfer
« Reply #11 on: June 30, 2015, 01:01:43 PM »
Just keep them all in your Freedom until you are ready, then get a higher card to transfer them out.
I'm new to this, sorry for my ignorance, what do you mean by higher card??

Offline itsyehuda

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Re: chase ultimate rewards, sell vs transfer
« Reply #12 on: June 30, 2015, 01:02:31 PM »
I'm new to this, sorry for my ignorance, what do you mean by higher card??

A card that has an annual fee, like the Sapphire Preferred or INK Plus, which allow transfers to partners.
I remember when a coke was a nickel, and you could buy VRs in OD.

Offline Sport

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Re: chase ultimate rewards, sell vs transfer
« Reply #13 on: June 30, 2015, 01:08:32 PM »
I'm new to this, sorry for my ignorance, what do you mean by higher card??
Why do you want to close your cc ?

Offline clear thinker

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Re: chase ultimate rewards, sell vs transfer
« Reply #14 on: June 30, 2015, 01:10:32 PM »


You will definitely get more value using it yourself.

I 2nd that!
I (almost) never sell my points you usually loose at least 30% the worth in some cases (like UA) you loose more than 50% by selling em'!
I really don't feel like selling yet,
I feel keeping it will give me better value in the long run if I'll use the points myself, rather than selling for what's being offered these days,
What would be the best airline to transfer to?
According to my sources in the feild UR will probably go up due to Ba - Amex devaluation.

Offline Chapshnell

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Re: chase ultimate rewards, sell vs transfer
« Reply #15 on: June 30, 2015, 01:12:35 PM »
No way UR goes up because of the Amex/BA deval. Many BA points out there to be had on the cheap.

Offline clear thinker

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Re: chase ultimate rewards, sell vs transfer
« Reply #16 on: June 30, 2015, 01:16:54 PM »
No way UR goes up because of the Amex/BA deval. Many BA points out there to be had on the cheap.
Couldn't agree more, but that comes from a big broker.

Offline menashe04

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Re: chase ultimate rewards, sell vs transfer
« Reply #17 on: June 30, 2015, 01:39:43 PM »
Like a said earlier I'm a little new to this,
But am I hearing from you guys that BA is losing value, I have some 300k in BA too, do I need to get rid of it?

Offline Chapshnell

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Re: chase ultimate rewards, sell vs transfer
« Reply #18 on: June 30, 2015, 01:45:22 PM »
Like a said earlier I'm a little new to this,
But am I hearing from you guys that BA is losing value, I have some 300k in BA too, do I need to get rid of it?

BA actually might go up slightly as you get less BA points from each amex transfer. (people wont transfer from Amex probably anymore unless there is a promotion). Plus you only earn 1 PPD vs 1.25 PPD on the BA card as in the months past...

If you can use your points you are much better off that way. Just do some reading here on DDF.

Offline lunatic

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Re: chase ultimate rewards, sell vs transfer
« Reply #19 on: June 30, 2015, 01:49:00 PM »
Slightly ot,  but that might free up some ba availability (since it is more points)  and end up good for us who use the points