By using my chase sapphire reserve to buy groceries and doordash delivery and then redeeming my points to erase grocery store purchases i m effectively earning 7 5 cash back on all of my food.
Sapphire reserve benefits groceries.
Chase sapphire reserve earns five points per dollar and chase sapphire preferred card earns three points per dollar on up to 1 500 of groceries you buy through sept.
Let s take a look at the credits.
We did clarify with chase.
Chase sapphire reserve photo by wyatt smith the points guy new limited time perks.
The new temporary category includes grocery stores and grocery delivery services.
Earn 5x total points on qualifying instacart deliveries and pick ups groceries household items pharmacy and more on up to 3 000 in purchases from july 1 to september 30 2020.
You ll also get a 50 statement credit for an instacart express membership which typically costs 99 a year.
Enjoy benefits like preferred pricing priority airport pickups exclusive offers and more with one year of complimentary lyft pink a 199 minimum value when you or your authorized user activates with a sapphire reserve card by march 31 2022.
Normally both cards earn.
No activation required just use your sapphire card and you ll earn points automatically.
And even more new lucrative bonus categories have been added.
All limited time benefits are.
30 2020 cardholders will earn 5x points on instacart purchases up to 3 000 for the 3 month promotional period.
Plus they effectively cancel out 400 of the card s 550 annual fee so long as you use the entirety of both credits.
Through june 30 the chase sapphire reserve earns 5 points per dollar on groceries while the chase sapphire preferred earns 3 points per dollar on those purchases.
These benefits of the chase sapphire reserve card are the quickest and easiest ways to realize savings with the card as they apply to your eligible purchases instantly.
New chase sapphire reserve benefits through sept.
Superstores like target and walmart are generally ineligible for grocery store category bonuses but chase is considering certain superstores such as target and walmart as eligible purchases so long as they have full grocery sections.
Expansion of 300 annual credit with remaining balance.