<prompt> Human: Ive had a Chase Freedom card for close to 10 years now, and have accumulated a good number of points. I used points to cover a somewhat expensive plane ticket to go to my grandfathers funeral a few years ago, otherwise Ive barely touched them. Ive basically been saving them up to pay for an expensive flight to a far away destination someday. My husband and I are starting a vacation savings fund, and Ive been thinking it would be a much better use of my points to cash them out and put them in a savings account earning some interest, than to keep them as points earning nothing. As far as I can tell, theres no benefit to keeping the points - I dont earn extra points by using my points, I dont get extra value in booking travel or buying things with my points, and I can still use the rewards site to book travel, or whatever, if I want and just use my card to earn more points. Is there any reason why cashing them out to put into savings wouldnt make sense? Assistant: How many points are you talking about?If you get a Sapphire Preferred card, you can make your points worth 25 more on travel with no annual fee the first year.Human: I have just over 180,000 points, so thats a decent chunk to seed a vacation fund. Ive been considering other cardsrewards systems, but a Sapphire card doesnt really fit with our spending habits. My Chase card is my personal credit card as opposed to our joint card for shared expenses, and I dont spend enough myself every month to earn the bonus points. If we got it as a shared card, wed spend enough in 3 months to get the bonus points, but we dont travel or eat out that often so we wouldnt be getting the extra points for those expenses. Id consider getting it in advance of booking a big trip though.  <response>: You can put both of your expenses on the one card. Do you pay any one-off large bills that can be paid by credit card? Insurance? Any home purchases coming up - appliances, furniture, electronics, etc? With a Sapphire Reserve youd get 50k bonus points, worth 750 at the 1.5c valuation holding the Reserve gets you. The annual fee is 450, but you get 300 as a direct credit if you spend that money on any travel expenses during the year. That means your real cost is 150. So 600 net on the bonus points, plus your 180,000 existing points are now worth 2700 rather than 1800 cash. So for spending 4k on the card in 3 months you net 1500. You now have 3300 to spend on vacation. And that money is easily spent through the Chase travel portal, at prices that are generally on par with what youd pay anywhere else. 