Author Topic: Chase UR Amazon Redemption Devaluation  (Read 2689 times)

Offline avadah

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 2516
  • Total likes: 38
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Jerusalem
Chase UR Amazon Redemption Devaluation
« on: August 25, 2016, 10:07:34 AM »
Just got this email.

We are making changes to the Chase Ultimate Rewards® Amazon Shop with Points1 program.
•   Beginning September 1, the Amazon.com redemption value for $1 is changing from 100 points to 125 points. This change does not impact the Amazon.com Rewards Visa card.
•   Your points will no longer be deducted when your purchase ships; they will be debited at the time your order is placed.
These changes do not impact your other Chase Ultimate Rewards redemption options including cash back, gift cards, travel and more.
Visit Ultimate Rewards today to learn more.

Thank you for choosing Chase.

Maybe I should put it in beginners  thread bec who redeems UR for Amazon?

Offline Meno

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2015
  • Posts: 171
  • Total likes: 5
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #1 on: August 25, 2016, 10:10:25 AM »
Got that too. What a scam. That's worse than redeeming for cash.

Online AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 30533
  • Total likes: 7831
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: Chase UR Amazon Redemption Devaluation
« Reply #2 on: August 25, 2016, 10:17:13 AM »
Got that too. What a scam. That's worse than redeeming for cash.

The ignorant masses fall for it and Chase and Amazon profit.
100% of Likes will be donated to support our brothers and sisters in Eretz Yisrael

Offline dealfinder85

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Feb 2013
  • Posts: 3544
  • Total likes: 9
  • DansDeals.com Hat Tips 4
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #3 on: August 25, 2016, 10:21:42 AM »
Just got this email.

We are making changes to the Chase Ultimate Rewards® Amazon Shop with Points1 program.
•   Beginning September 1, the Amazon.com redemption value for $1 is changing from 100 points to 125 points. This change does not impact the Amazon.com Rewards Visa card.
•   Your points will no longer be deducted when your purchase ships; they will be debited at the time your order is placed.
These changes do not impact your other Chase Ultimate Rewards redemption options including cash back, gift cards, travel and more.
Visit Ultimate Rewards today to learn more.

Thank you for choosing Chase.

Maybe I should put it in beginners  thread bec who redeems UR for Amazon?
http://forums.dansdeals.com/index.php?topic=6906.msg1523437#msg1523437

Offline puppydogs

  • DansDeals Copper Elite
  • *
  • Join Date: Oct 2011
  • Posts: 20
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NYC
Re: Chase UR Amazon Redemption Devaluation
« Reply #4 on: August 25, 2016, 01:06:42 PM »
Just got this email.

We are making changes to the Chase Ultimate Rewards® Amazon Shop with Points1 program.
•   Beginning September 1, the Amazon.com redemption value for $1 is changing from 100 points to 125 points. This change does not impact the Amazon.com Rewards Visa card.
•   Your points will no longer be deducted when your purchase ships; they will be debited at the time your order is placed.
These changes do not impact your other Chase Ultimate Rewards redemption options including cash back, gift cards, travel and more.
Visit Ultimate Rewards today to learn more.


Thank you for choosing Chase.

Maybe I should put it in beginners  thread bec who redeems UR for Amazon?

I agree even at $1 for 100 points (a penny a point) is not a good use of chase points. Recent redemption netted 3 cents a point.

Offline mendy from lakewood

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2014
  • Posts: 1199
  • Total likes: 50
  • DansDeals.com Hat Tips 26
  • Gender: Male
    • View Profile
  • Location: lakewood
  • Programs: United Premier 1K, Marriott Gold, IHG Gold, National EE, Hertz Presidential.
Re: Chase UR Amazon Redemption Devaluation
« Reply #5 on: August 25, 2016, 01:19:33 PM »
Just got this email.

We are making changes to the Chase Ultimate Rewards® Amazon Shop with Points1 program.
•   Beginning September 1, the Amazon.com redemption value for $1 is changing from 100 points to 125 points. This change does not impact the Amazon.com Rewards Visa card.
•   Your points will no longer be deducted when your purchase ships; they will be debited at the time your order is placed.
These changes do not impact your other Chase Ultimate Rewards redemption options including cash back, gift cards, travel and more.
Visit Ultimate Rewards today to learn more.

Thank you for choosing Chase.

Maybe I should put it in beginners  thread bec who redeems UR for Amazon?
even for those that redeem their points for shopping could just shop anywhere and use their points as cash back at 1 cent per point
"Respect is earned, Honesty is appreciated, Trust is gained, Loyalty is returned"

Offline coralsnake

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2008
  • Posts: 4555
  • Total likes: 162
  • DansDeals.com Hat Tips 9
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #6 on: August 25, 2016, 01:30:38 PM »
The ignorant masses fall for it and Chase and Amazon profit.
The fact is that when you link a UR card to Amazon the points show up so that people think its free money.
"Here at DansDeals we don’t do buses." -Dan

Offline 12HRS

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2013
  • Posts: 5108
  • Total likes: 575
  • DansDeals.com Hat Tips 6
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #7 on: August 25, 2016, 02:17:30 PM »
The fact is that when you link a UR card to Amazon the points show up so that people think its free money.

yup.. i think @yehuda is in charge of that cult ;)

Offline husky007

  • Dansdeals Bronze Elite
  • *
  • Join Date: Oct 2011
  • Posts: 32
  • Total likes: 3
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #8 on: August 25, 2016, 04:58:27 PM »
The fact is that when you link a UR card to Amazon the points show up so that people think its free money.

Are the masses really that dumb?

Offline rileywiles23

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2014
  • Posts: 5776
  • Total likes: 108
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #9 on: August 25, 2016, 05:02:56 PM »
Are the masses really that dumb?
Sure seems like it. I know many people who just redeem all their points for amazon gift cards, bec. It's the easiest thing to do.
Life is as good as you make it...

Offline avadah

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 2516
  • Total likes: 38
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Jerusalem
Re: Chase UR Amazon Redemption Devaluation
« Reply #10 on: August 25, 2016, 05:03:10 PM »
 :-X yes :-X

Offline Triple Canopy

  • Dansdeals Gold Elite
  • ***
  • Join Date: May 2011
  • Posts: 188
  • Total likes: 12
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #11 on: August 25, 2016, 06:24:58 PM »
They have to pay for CSR somehow.

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8075
  • Total likes: 212
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #12 on: August 25, 2016, 06:26:25 PM »
Sure seems like it. I know many people who just redeem all their points for amazon gift cards, bec. It's the easiest thing to do.
Isn't statement credit faster and easier?
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline LoLo

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Aug 2014
  • Posts: 3772
  • Total likes: 197
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #13 on: August 25, 2016, 06:51:38 PM »
Isn't statement credit faster and easier?
No, twice the work.

Offline mendy from lakewood

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: May 2014
  • Posts: 1199
  • Total likes: 50
  • DansDeals.com Hat Tips 26
  • Gender: Male
    • View Profile
  • Location: lakewood
  • Programs: United Premier 1K, Marriott Gold, IHG Gold, National EE, Hertz Presidential.
Re: Chase UR Amazon Redemption Devaluation
« Reply #14 on: August 25, 2016, 07:11:57 PM »
No, twice the work.
whats so much work?
"Respect is earned, Honesty is appreciated, Trust is gained, Loyalty is returned"

Offline rileywiles23

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2014
  • Posts: 5776
  • Total likes: 108
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
Re: Chase UR Amazon Redemption Devaluation
« Reply #15 on: August 25, 2016, 08:41:22 PM »
Isn't statement credit faster and easier?

The fact is that when you link a UR card to Amazon the points show up so that people think its free money.
Life is as good as you make it...