Sapphire Reserve Points For Groceries

Chase sapphire reserve review maximizing chase s pay yourself back feature the amex everyday preferred credit card.

Sapphire reserve points for groceries.

Chase sapphire and co branded card holders now qualify to earn either 3x or 5x points or miles per dollar spent on grocery purchases on up to a maximum of 1 500 in eligible purchases from may 1. You can earn up to 15 000 ultimate rewards points over the course of may and june worth 300 according to tpg valuations. 30 2020 cardholders will earn 5x points on instacart purchases up to 3 000 for the 3 month promotional period. Also the chase sapphire reserve 300 annual travel credit can be used on gas station and grocery purchases from june 1 to december 31 2020.

Chase sapphire reserve cardholders have the potential to come out with the best return. They will also earn 10x on select streaming services. Since ultimate rewards points are worth at least 0 015 each that s about 113 of value back from this promotion. If i held the chase sapphire preferred card the redemption value would be 1 25 cents for each point.

Sapphire reserve is broadening your world of benefits. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. After selecting a transaction you want to redeem chase points for you ll be given the option to use points to cover all or part of the transaction. With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories.

However these new benefits might be even better than advertised. Chase announced that starting july 1 and running through september 30 chase sapphire reserve cardholders will earn 5x bonus points for every dollar spent on purchases at gas stations and instacart grocery delivery and pickup orders. The chase sapphire preferred lets you redeem your points for 25 more travel through the chase portal while the chase sapphire reserve lets you redeem points for 50 more travel. Starting today july 1 you ll earn more points on gas streaming services and instacart grocery delivery on your chase sapphire reserve and preferred cards.

You can earn 3x points at u s. Cashing out ultimate rewards points. Supermarkets up to 6 000 per calendar year in purchases then 1x. New chase sapphire reserve benefits through sept.