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Yesterday I wrote about how you can earn 10x points on hotels and car rentals booked through the Ultimate Rewards website with the Chase Freedom and Chase Freedom Unlimited. The promotion is valid for up to $2,500 worth of bookings through March 31, 2017, though the actual travel can occur at a later date.
Per Doctor of Credit, it looks like this offer is also valid on the Ink Business Cash℠ Credit Card, for up to $2,500 worth of spend. For rental cars, this offer is actually potentially even better than the one being offered by the Freedom or Freedom Unlimited. That’s because the Ink Business Cash offers primary collision damage waiver coverage for cars rented for business purposes, so it’s actually a card you’d want to use for a car rental.
While the Ink Business Cash is a cash back card, those points can be converted into Ultimate Rewards points in conjunction with a card accruing “premium” Ultimate Rewards points, which include the:
Keep in mind there are pros and cons to booking through the Ultimate Rewards travel site:
- For chain hotels, you typically won’t be able to earn points with the hotel chain if you book through there
- However, this could be ideal for stays at independent hotels; sometimes you’ll find that the price through the Ultimate Rewards site is higher than elsewhere, while other times you’ll find that it’s lower
- For rental cars this could make a lot of sense, especially since you’ll get primary coverage
This is a very nice offer, especially since the travel can occur after March. Now I’m just trying to figure out how much travel I can lock in where this makes sense. I value Ultimate Rewards points at ~1.7 cents each, so to me this is a ~17% return on eligible spend.