30 2020 though there are rumors that this benefit may become permanent.
Chase sapphire points grocery.
Sapphire reserve is broadening your world of benefits.
I was able to confirm with chase that the 1 500 spending cap is per card.
New chase sapphire reserve benefits through sept.
We had a debate in the comments of the original post about whether the travel credit gets ordinary points when used for grocery gas.
The new chase pay yourself back program will allow eligible cardholders to use points to pay for purchases in select categories starting with grocery stores dining and home improvement stores.
How to use chase points to cover your grocery bill.
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.
Just like the option to redeem points for travel reservations chase sapphire preferred or ink business preferred receive 1 25 cents in value per point redeemed in the pay yourself back program and sapphire reserve cardholders received 1 5 cents in value per point redeemed.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
The chase sapphire reserve card does earn points on the purchase made toward the 300 annual travel credit when using the grocery gas credit option according to multiple reports.
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 you have a stash of chase ultimate rewards points or even if you decide to open a chase sapphire card as a new member you ve got more options to use them.
Between june 1 and september 30 2020 chase sapphire cardholders have the option to redeem points at an elevated rate for purchases at grocery stores restaurants and home improvement stores.
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.
Review of the chase sapphire preferred.
Details of the limited time perks.
Chase sapphire preferred cardholders will also get a solid 3x which means up to 9 000 ultimate rewards points worth 180 according to tpg valuations.