Sapphire Reserve Points For Groceries

You can earn up to 15 000 ultimate rewards points over the course of may and june worth 300 according to tpg valuations.

Sapphire reserve points for groceries. 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. Chase sapphire reserve review maximizing chase s pay yourself back feature the amex everyday preferred credit card. Supermarkets up to 6 000 per calendar year in purchases then 1x. 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.

In this example with the chase sapphire reserve each point covers 1 5 cents. 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. 30 2020 cardholders will earn 5x points on instacart purchases up to 3 000 for the 3 month promotional period. You can earn 3x points at u s.

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. If i held the chase sapphire preferred card the redemption value would be 1 25 cents for each point. As noted above if you maximize this benefit and put at least 1 500 of grocery store spend on the chase sapphire reserve card before june 30 2020 you will earn up to 7 500 ultimate rewards points. Cashing out ultimate rewards points.

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. Since ultimate rewards points are worth at least 0 015 each that s about 113 of value back from this promotion. 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. They will also earn 10x on select streaming services.

Sapphire reserve is broadening your world of benefits. Chase sapphire reserve cardholders have the potential to come out with the best return. New chase sapphire reserve benefits through sept. 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.