Chase has an awesome Ultimate Rewards shopping mall.
However, if the points were transferred to Singapore Airline KrisFlyer Miles and then booked with partner airlines Virgin Atlantic, you'd get the same flight for the gifted got your six just 50,000 miles, which works out to almost 2 cents a point.
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Redeem for cash back : You get a 1:1 return in the form of a credit statement or direct deposit into your bank account.