Chase’s Ultimate Reward is no longer the great deal it was
A few days ago, in the post titled “Chasing Harry Potter,” I showed an incredibly good deal for those looking for single day Universal Studios tickets. At the time, you could redeem 5,000 Ultimate Rewards points for each Universal Studios 1-day, 2-park ticket. Those tickets usually cost $120, so this redemption gave you an excellent value of 2.4 cents per point. In that post I speculated that the 5,000 point offer wouldn’t last long because it was most likely a mistake. And, thanks to a reader pointing this out, as of today the redemption price for the same ticket has jumped up to 12,000 points. That gives it a current redemption value of only 1 cent per point. You’re better off simply redeeming your points for cash rather than doing that.
Congratulations to everyone who jumped on the deal while it was still available!