One of the major sources for information is
http://www.flyertalk.com/, and in a forum post, someone has mentioned that Office Depot has started to remove all gift cards and prepaid cards with variable loads (i.e. the $500) ones. The max you can buy now is $200 with a $7 fee, effectively bringing the cost of Chase Ultimate Rewards points to $0.008 instead of $0.004 (an increase of double!) Taking the math out of it for you, if you were to redeem on United for trips, here are the following costs for a round trip fare in economy.
| Destination |
Mileage Plus Points |
Cost in US Dollars |
| Continental US |
25,000 |
$213 |
| Caribbean |
35,000 |
$298 |
| Hawaii |
40,000 |
$341 |
| Europe |
60,000 |
$511 |
| Asia |
65,000 |
$554 |
| India |
80,000 |
$682 |
As you can see, you still get a good deal out of it, but it's far from the deal we got earlier. With the prior deal, we were able to get a round trip to Asia in
BUSINESS class for $360. Remember there would be taxes and surcharges so add maybe around $100-$200.
Just as my
last post mentioned, these deals are dying out quickly. We continue our quest to find new means to get more points!