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.
Sapphire reserve points for groceries.
Chase sapphire reserve review maximizing chase s pay yourself back feature the amex everyday preferred credit card.
New chase sapphire reserve benefits through sept.
Supermarkets up to 6 000 per calendar year in purchases then 1x.
You can earn 3x points at u s.
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.
30 2020 cardholders will earn 5x points on instacart purchases up to 3 000 for the 3 month promotional period.
However these new benefits might be even better than advertised.
Best low annual fee photo by eric helgas for the points guy grocery rewards.
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.
Since ultimate rewards points are worth at least 0 015 each that s about 113 of value back from this promotion.
You can earn up to 15 000 ultimate rewards points over the course of may and june worth 300 according to tpg valuations.
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.
If i held the chase sapphire preferred card the redemption value would be 1 25 cents for each point.
Chase sapphire reserve cardholders have the potential to come out with the best return.
They will also earn 10x on select streaming services.
In this example with the chase sapphire reserve each point covers 1 5 cents.
Cashing out ultimate rewards points.
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.
Sapphire reserve is broadening your world of benefits.
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.