People who have credit cards with travel-focused rewards programs face a problem. Ever since
the COVID-19 pandemic, many are traveling less and staying home more — a trend that is likely to continue well into 2021. Until then, these cardholders are eagerly awaiting the next time they can redeem their points and miles to travel.
The question for those with travel rewards credit cards, then, is what to do with all those bonuses and points. Should they continue using these cards or find one that rewards purchases made closer to home?
There’s an answer — well, technically, two: the Chase Sapphire Preferred and Sapphire Reserve.
Chase Sapphire Credit Cards: Now With Grocery Rewards
Previously, Chase Sapphire Preferred and Sapphire Reserve cardholders could earn 1 point for every dollar spent on groceries. From November 1, 2020, to April 30, 2020, they will see the same rewards at the supermarket that they earn on travel spending. Now, Sapphire Preferred cardholders can get double the grocery points while Sapphire Reserve cardholders earn triple. These points apply on $1,000 in eligible purchases each month.
Additionally, those with a Sapphire Reserve credit card can put their grocery and gas spending toward their $300 yearly travel perk. Before, cardholders earned a max of $300 in annual statement credit for travel expenses like airfare, hotels, car rentals, parking, tolls, etc. However, from now until June 30, 2021, they can get this credit just by spending $300 on groceries and gas.
Other Excellent Grocery Rewards Credit Cards
Chase Sapphire Preferred and Sapphire Reserve cards are the latest in a growing list of credit cards that offer cardholders generous rewards for everyday supermarket purchases. According to Money.com, the best credit card for grocery points is the American Express Gold, which gives cardholders 4x the points for every dollar they spend on groceries, up to $25,000 annually.
The American Express Blue Cash Preferred is another card that offers a competitive deal: 6% cashback on the first $6,000 spent on groceries annually. Sometimes, cardholders may find triple Chase Ultimate Rewards or 4x AmEx Membership Rewards more lucrative than 6% cashback.
Additional Non-Travel Rewards Cards
In addition to opening the door for cardholders to earn even more rewards, Chase is offering several other perks as well. The Sapphire Reserve, for instance, gives cardholders a free one-year DashPass membership, which provides unlimited food deliveries, no fee, and lower service charges on qualifying transactions $12 or higher from either DoorDash or Caviar.
Current cardholders can receive the benefit after activating it before December 31, 2020. Additionally, Chase offers statement credits valued up to $120 for DoorDash purchases through the end of next year ($60 through the end of this year and $60 through the end of 2021).
Moreover, Chase Dining is currently extending ideas cardholders can redeem their rewards to try new culinary experiences, such as virtual agricultural tours, cooking lessons, and delivery and pickup service from Tock To Go. Select high-end restaurants also offer exclusive seating under the Chase Cardmember Tables program.
Sapphire Preferred cardholders can earn 25% more points when they exchange their rewards for Chase Dining experience, while those with a Sapphire Reserve card can get 50% more.
Chase Sapphire Preferred Credit Card
The Chase Sapphire Preferred card gives cardholders twice the points on any travel or dining purchase. When cardholders reserve their travel plans through Chase, they can also get 25% more value out of their rewards, which are transferable to participating hotel and airline chains.
From now until November 8, 2020, Sapphire Preferred holders can get 80,000 points when they spend $4,000 in the first three months. This credit card comes with a $95 annual fee and zero foreign transaction charges.
The Chase Sapphire Reserve Credit Card
The Chase Sapphire Reserve card gives cardholders triple points on any travel or dining purchase, plus a $300 statement credit each year that’s good on all travel spending. Like the Chase Sapphire Preferred, Sapphire Reserve members can get 50% more value from their points when they book their travel plans through Chase. But in addition, this card also offers an extra $100 credit for TSA PreCheck or Global Entry, plus a Priority Pass Select airport lounge subscription.
New cardholders can get 50,000 points — a $750 value — to spend on travel when they spend $4,000 within the first three months and redeem their rewards using Chase Ultimate Rewards. This card has a $550 annual fee and doesn’t charge a penalty for international purchases.
- Steele, Jason. “Chase’s Top Travel Cards Now Offer Big Bonus Rewards for Grocery Purchases.” Money, 1 Nov. 2020, money.com/chase-sapphire-card-grocery-rewards/.