How to Earn a HUGE Amount of Chase Points

Name: How to Earn a HUGE Amount of Chase Points
Uploaded: 2023-05-26T21:45:55.000Z
Duration: 32 min 29 s

Introduction to Chase Ultimate Rewards Points

In this section, the speaker introduces Chase Ultimate Rewards points and their importance in the credit card and luxury travel industry.

What are Chase Ultimate Rewards Points?

Chase Ultimate Rewards points are a rewards currency used in the Chase credit card system.

They are one of the five main transferable points currencies on the US credit card market.

There are 13 airline and hotel transfer partners where you can exchange points for first class flights, business class flights, and five-star hotels.

How to Earn Chase Ultimate Rewards Points

Welcome bonuses are a great way to earn a lot of points quickly.

You may be able to find direct links or referral links that offer higher bonuses than public offers.

Going to a physical branch may also offer higher in-branch offers or waived annual fees.

Conclusion

The speaker concludes by summarizing how to earn a large amount of Chase Ultimate Rewards points through welcome bonuses, direct/referral links, and in-branch offers.

Key Takeaways

Welcome bonuses can help you earn a lot of points quickly.

Direct/referral links and in-branch offers may offer higher bonuses than public offers.

Getting the Most Out of Chase Credit Cards

In this section, the speaker discusses how to get the most out of Chase credit cards by taking advantage of welcome bonuses and spending categories.

Maximizing Welcome Bonuses

Compared to Amex, Chase offers fewer welcome bonuses.

Higher offers are often available in physical branches.

Consider going to a physical branch to apply for a card.

Earning Points through Spending

Use the right card for each spending category to maximize points.

Take advantage of temporary and rotating spending categories.

Examples of point categories on specific cards:

Sapphire Preferred: 5x on Chase travel, 3x on online grocery

Sapphire Reserve: 10x on hotel and car rental through Chase travel, 10x on dining through Chase dining program

Ink Prefer: 3x on shipping

Ink Unlimited and Freedom Unlimited: 1.5x on all spend

Complement your cards with each other to create a "Chase trifecta."

Protecting Yourself from Identity Theft

Protect yourself from identity theft when applying for credit products.

Personal information is easily accessible on data broker websites such as True People Search.

Use Aura, an identity theft protection service that monitors your personal information and removes it from data brokers' websites.

The Benefits of Using Aura for Identity Theft Protection

In this section, the speaker discusses the benefits of using Aura for identity theft protection.

Features of Aura

Aura is a complete identity theft protection service that includes credit monitoring, anti-virus software, and VPN services.

They submit removal requests to data brokers to remove your personal information from the open internet.

They monitor the dark web for stolen passwords and personal information.

Their credit monitoring system sends alerts for suspicious activity on your credit file.

Their VPN service protects your data from theft when using public Wi-Fi.

Their anti-virus software protects your computer.

Value of Aura

Aura provides better value than signing up for each service separately.

Creating Your Own Chase Trifecta

In this section, the speaker discusses how to create your own "Chase trifecta" by combining different Chase cards.

Choosing Cards for Your Trifecta

You can only choose one Sapphire card (Preferred or Reserve) due to the "one sapphire rule."

You can have more than one Freedom or Ink business card.

Examples of a Chase trifecta:

Sapphire Reserve for 3x on travel and 10x on Lyft rides, Freedom Flex for 5x rotating quarterly categories, Ink Unlimited for 1.5x on all spend

Sapphire Preferred for 5x on travel and 3x on dining, Freedom Unlimited for 1.5x on all spend, Ink Business Cash for 5x on office supplies and internet/cable/phone services

Transferring Points

Transfer points between cards through your Ultimate Rewards dashboard.

Choose which card to move points from and which card to move points to.

Transferring Chase Ultimate Rewards Points

This section discusses how to transfer Chase Ultimate Rewards points between family members and co-owners of the same company. It also explains how cashback cards can be used to earn points that can be transferred to other cards.

Transferring Points

You can transfer Chase Ultimate Rewards points to family members who live with you.

Co-owners of the same company can also be added as people that you can transfer points to and from.

The Chase Ink business cards allow for co-owners of the same company to be added as people that you can transfer points to and from.

This allows for utilizing two-player mode, where your spouse or partner earns points that are then transferred to you.

Cashback Cards

Four Chase Ultimate Rewards cards are advertised as cashback cards: Freedom Flex, Freedom Unlimited, Chase Ink Unlimited, and Ink Cash.

Cash back on these cards is tracked as points with one cent in cashback equaling one point.

These points can be transferred over to Sapphire or Ink Preferred cards where they take on the same attributes as points earned on those cards.

Having Multiple Freedom Cards

This section explains how having multiple Freedom Cards can increase your spending cap and help maximize rewards.

Multiple Freedoms

You can have more than one Freedom Card of the same type.

This means you could have two Freedom Flexes or two Freedom Unlimiteds if you want.

The most common way people end up with more than one freedom is by downgrading a Sapphire card into a Freedom card.

Having multiple Freedom Flexes increases the spending cap for 5x categories from $1,500 per quarter to $3,000 per quarter.

Using Multiple Ink Business Cards

This section explains how having multiple Ink Business Cards can help maximize rewards and increase spending caps.

Multiple Ink Business Cards

You can have more than one Ink Business Card of the same type.

This means you could get two Ink Preferred cards, for example.

You can apply for the first card with your personal social security number and then apply for another using your business EIN or apply for more than one Ink card of the same type using two different EINs if you own two companies.

Having multiple Ink Preferred cards increases the spending cap for 3x categories from $150,000 per year to $300,000 per year.

The current bonus on the Ink Preferred is 100,000 points, so having multiple cards allows you to potentially earn double that amount.

Referring Friends

This section explains how referring friends can earn extra Chase Ultimate Rewards points.

Referrals

Referring a friend through creditcards.chase.com/refer-a-friend can earn you extra Chase Ultimate Rewards points.

How to Earn a Huge Amount of Chase Points

In this section, the speaker discusses eight ways to earn a significant amount of Chase points.

Referral Links

Chase generates referral links that can be shared with others.

Ink cards offer a referral deal of 40,000 points per referral up to 200,000 points per year.

Freedom and Sapphire cards also offer good referral deals.

Shop Through Chase

Chase has its own in-house shopping portal called "Shop through Chase."

By clicking through from the chase website to different merchants, you can earn extra chase points on top of what you would earn on your credit card.

You can access the Shop through Chase page by clicking "Earn More Points" in your Ultimate Rewards dashboard.

My Bonus

The chase my bonus website is a landing page where you can enter your last name, ZIP code, and the last four digits of your card number.

You may be targeted for a limited time bonus on a card that you already have.

Offers end on July 31st for Inc business cards like spend $5,000 get 5,000 points up to a total of 15,000 points and spend $15,000 get 15,000 points up to 45,000 points.

Conclusion

The speaker concludes by encouraging viewers to leave comments below if they know any other ways to earn huge amounts of chase points. Additionally, he recommends watching his video on how to redeem chase points for maximum value.