Chase Ultimate Rewards 10% Discount on Many Gift Card Redemptions (Lowe’s, Happy etc)

Update 10/3/21: Deal is back with different brands. Hat tip to GC Galore

The Offer

  • Chase Ultimate Rewards is offering a 10% discount on numerous gift card brands for points redemption.
    • Fanatics
    • Gap Options
    • Happy Birthday
    • Happy Dining
    • Happy Moments
    • Hello Fresh
    • Jiffy Lube
    • Lowe’s
    • Macy’s
    • Maggiano’s
    • Spafinder
    • Topgolf
    • Yankee Candle

The Fine Print

  • All available denominations are eligible for the discount
  • Both physical and digital gift cards are eligible

Our Verdict

The Pay Yourself Feature or transferring to a travel partner are much better value. This seems to be a recurring deal with different cards each month.

Hat tip to GC Galore

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9 Comments
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Fathiss
Fathiss (@guest_1261116)
October 3, 2021 12:15

It is surprising someone would go for this when they have the Pay Back feature at 25%. But I forget there are so many out there not playing the game and don’t know.
Yesterday I was in line at a hard hardware store and behind a man paying with a IHG credit card. I was tempted to educate him but caught myself before I ended up looking the fool. I have to remember, Just let it go…..

DP
DP (@guest_1261120)
October 3, 2021 12:25

Maybe he was working on a SUB

Fathiss
Fathiss (@guest_1261137)
October 3, 2021 12:55
  DP

Yea maybe…good thing I kept my mouth shut.

I don't understand
I don't understand (@guest_1261165)
October 3, 2021 14:36

If all he has is the ihg card are you going to tell him to put all the stuff back and go apply for another card?

GoPack
GoPack (@guest_1261185)
October 3, 2021 16:25

Not really a good option for people with a Freedom Flex card, that’s why.

Lam3tta
Lam3tta (@guest_1261537)
October 4, 2021 13:09

I didn’t know this was a thing. I appreciate the post!

Madeforatc
Madeforatc (@guest_1247879)
September 2, 2021 17:33

This rate isn’t even good to redeem. I suggest saving your points for at least PYB/Transfer partners.

Z
Z (@guest_1247556)
September 2, 2021 11:02

Any chance they are exending the pay yourself back? It’s better deal for CSP and CSR on doordash (dining)

Yawgoog
Yawgoog (@guest_1247361)
September 1, 2021 19:26

There are limited numbers of some of the discounted cards; it’s a good idea to buy the cards at the beginning of the month.