 Chase had added slew of limited time benefits to its premium Chase Sapphire Reserve card starting July 1st, 2020. One of the benefit was with Instacart where you would get reimbursed $50 towards the Annual $99 Instacart subscription or $9.99 per month subscription cost with maximum reimbursement cap at $50. The good news is that Chase is also providing ability to earn 5x Ultimate Rewards points when using Reserve card for spend of up to $3,000 till Sept 30th, 2020. Also the purchases made at Instacart count in groceries category, which allows you to cash out your Ultimate Rewards points for those purchase at a rate of 1.5 cent/point.
Instacart already has partnership with Costco and grocers such as Safeway & Kroger. So, most of your grocery would easily be covered if you shop at those stores (although at a slight mark up on price!). But the good news is that you get unlimited free delivery with the Chase Sapphire Reserve partnership with Instacart (for at-least 5 months on monthly plan!!) along with earning 5x Ultimate points per dollar spent (Up to $3,000 spend till 30th Sept 2020) and ability to pay for those purchases by redeeming your Ultimate Reward points at a rate of 1.5x. So, do register for this promotion if your favorite store is on Instacart platform and maximize your earning and spend on the Chase Sapphire Reserve card!. You can find more details on this deal here. Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website.
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Chase Sapphire "Pay Yourself Back" for Easy Cash-out at 1.25c (Preferred) or 1.5c (Reserve)!6/1/2020  Chase Sapphire cards has added an amazing feature called "Pay Yourself Back" effective 05/31/2020 where you can cash out ultimate reward points at value of 1.25 cent/point (Preferred card) or 1.5 cent/point (Reserve card) for your purchases made with the card in certain categories. For starters below categories are valid till 09/30/2020:
As per the media release the statement credit will post within 3 days after redeeming ultimate rewards for the said charges. You can access the special pay yourself back page here after logging in your chase account and redeeming ultimate reward points for either 1.25 cent/point or 1.5 cent/point value for the said categories depending on which sapphire card you have purchases on. Chase Sapphire Preferred comes with $95 annual fees whereas Chase Sapphire Reserve has annual fees of $550 (although Chase has lowered annual fees to $450 for any renewals from now till December 2020 instead of the regular fees of $550). Also Chase Sapphire Reserve comes with $300 annual travel credit which can now be redeemed against Grocery store purchase or Gas station purchase till Dec 31st, 2020. So, if you have huge stash of Ultimate Reward Points then having one of the Sapphire credit cards would allow you to redeem the points at a great value. You could also upgrade an existing freedom card to Sapphire card. Do remember though that if you go after Sapphire Reserve card you would have to probably pay regular fees of $550 instead of reduce fees of $450 or you could upgrade to Sapphire Preferred for $95 annual fees. So, do your math if it's worth for you to upgrade and to which card!! Hat tip (Doctor Of Credit) Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website.  Chase credit cards are hard to get but if you are under 5/24 (5 accounts opened/closed in last 24 months) then one of the best deals as of now is the Chase Southwest credit cards where you can earn total of 75k points after spending $5k (40k points after $1k spend in 90 days and remaining 35k points after spending additional $4k in first 6 months of account opening)
This also gets you closer to companion pass which requires 125k points to be earned in a calendar year (The pass is valid from the time you earn 125k points in the year to the end of next calendar year). The best part is Southwest points are valued at ~1.4 cents/point to ~1.6 cents/point and when you use points for reservation there is no penalty if you cancel (You do not even need the same passenger to use the points again) and the entire points go back to your Southwest account. Southwest flies to many airports including islands of Hawaii!! Here is the Southwest route map which would be useful for you to decide if its worth taking the credit card. Southwest Airlines has lot of fare sales where the price between certain city pairs could be as low as $29 when purchasing the fare which when booked with points would translate to about ~1016 points + $5.60 in fees and taxes. Also Southwest airlines points do not expire as long as you have 1 qualifying earning activity every 24 months. The card comes in various variants with annual fees of $69, $99 and $149 and currently all these cards come with sign up bonus offer of 75k miles!! So if you are eyeing this card now is the time to get it. Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website. |
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