Chase has added more new temporary benefits to the chase sapphire reserve and chase sapphire preferred card products.
Chase sapphire redeem points grocery.
Jpmorgan chase bank n a.
30 2020 though there are rumors that this benefit may become permanent.
They re letting you redeem points at full value towards restaurants grocery stores and home improvement stores.
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.
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.
Holders of the chase sapphire preferred card can redeem points for statement credit against spending at grocery stores restaurants including takeout and eligible delivery services home.
With the pay yourself back tool your ultimate rewards points are worth 25 more when you redeem them for statement credits against purchases in our current categories.
With chase ultimate rewards you can redeem the points you ve earned for travel.
Is a wholly owned subsidiary of jpmorgan chase co.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Sapphire reserve travel credits will work at grocery stores and gas stations.
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.
Chase sapphire cardholders jpm 2 87 will be able to use their rewards points to cover purchases like groceries and takeout food thanks to a temporary new feature.
I was able to confirm with chase that the 1 500 spending cap is per card.
This new pay yourself back function lasts through sept.
Explore the world and earn premium rewards with chase sapphire reserve or chase sapphire preferred.
Sapphire preferred is broadening your world of benefits.
How to use chase points to cover your grocery bill.