Earn ~110,500 Chase Ultimate Rewards Points for a Home Renovation With Credit Cards – I’ll Show You How!

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Earn ~110,500 Chase Ultimate Rewards Points for a Home Renovation With Credit Cards – I’ll Show You How!

EmilyEarn ~110,500 Chase Ultimate Rewards Points for a Home Renovation With Credit Cards – I’ll Show You How!Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

My mom has been wanting to do some home renovations, so she finally decided to bite the bullet and add a master bedroom and bathroom to her home, as well as update the roof and flooring.  She partnered with a local contractor to make the repairs, and of course the first question I had was “Do they take a credit card?”

I’ll show you how she and my stepdad are using the Ink Business Preferred℠ Credit Card to earn valuable Chase Ultimate Rewards points for travel!

We’re Earning 110,500 Chase Ultimate Rewards Points for a Home Renovation

Unfortunately, the contractor said he didn’t take credit cards.  There was no $5,000 limit, like some car dealerships have.  Using a service like Plastiq didn’t make sense with the added fees.  All I heard was NO, sorry!  I was disappointed that we’d have so much spending go to waste.

Every time an invoice is due, we asked if we could pay with a credit card.  And finally, we heard an answer we’ve been looking for: “YES!”  The catch is that we can only pay the materials fee charges – an estimated ~$22,000 total – with a credit card.  But the materials charges is better than nothing, and at the end of the renovation work, we’ll be earning 110,500 Chase Ultimate Rewards points!

How My Parents Are Earning ~110,500 Chase Ultimate Rewards Points With Credit Cards

My stepdad is a documentary filmmaker and conducts interviews from his home, so he plans on getting the Ink Business Preferred℠ Credit Card for the renovation work.  He and my mom will earn 80,000 Ultimate Rewards points after they spend $5,000 on purchases in the first 3 months from account opening.

They will earn 3 points per $1 on the first $150,000 spent in select categories each anniversary year, and earn 1 point per $1 on all other purchases (with no limit to the amount they can earn!).  The annual fee is $95, but the fee is well worth the benefits received!  Also, there are no foreign transaction fees, making it a great card to take if my stepdad travels outside the country.

Home Renovation Work Is Expensive, so It Pays to Ask If You Can Pay for Materials or Labor With a Credit Card

He plans to pay the ~$5,000 minimum spending requirement with the materials fees, which will earn him ~5,000 Chase Ultimate Rewards points.  After the minimum spending, it leaves $17,000 in materials fees.  I made my mom an authorized user for my Chase Freedom Unlimited credit card, so we’ll be earning another ~25,500 Chase Ultimate Reward points! (~$17,000 in materials fees x 1.5 point per $1 = 25,500 points).

What You Can Do With ~110,500 Chase Ultimate Rewards Points

You can turn 110,500 Ultimate Rewards Points into ~$1,100 cash back in the form of a statement credit.  Ultimate Rewards Points are worth 1.25 cents per point when you book travel via the Ultimate Rewards portal when you use the Ink Business Preferred Credit Card.  This means that you will get ~$1,381 in travel with 110,500 Ultimate Rewards points.

I Used Chase Ultimate Rewards Points to Fly in United Airlines Business Class to Paris!

You can also transfer the 110,500 Chase points to airlines like United Airlines and Southwest, or to a hotel chains like Hyatt.

For example, a one-way saver award flight to Europe in Business Class on United Airlines costs 60,000 United Airlines miles.  Or you can stay 3 nights in the heart of Paris at the 5-star Park Hyatt Paris-Vendôme, for only 30,000 Hyatt points per night, or 90,000 Hyatt points total!  These rooms cost ~$900 per night, making it an excellent way to use Chase Ultimate Rewards points!

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Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

More Info

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While you are it, why not have 4 people in the house each get one chase card and put $5000 on each card. That way you earn 85000 point on each card x 4 cards = 340,000 points + 2000points (final 2000 purchase = 342,000 points on $22,000 spent.

Your plan is great, if you have that type of money but to work with. Unfortunately, I don’t have enough money after paying my expenses, to buy all the medication I should be taking. And my Food share amount is $15 per month, so I only buy groceries every third or fourth month.

Or, she can buy home depot, lowes GCs at Staples with her CIP, use the GC to buy materials and get a lot more points that way.