Chase Sapphire cards get new bonus categories (up to 10x), grocery delivery credit

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.

Credit card issuers like Chase and Amex have added temporary enhancements to their credit cards during this period of uncertainty surrounding the economy and travel.

Cue the latest Chase Sapphire benefits boosts that were announced last week — Chase also appears to have unofficially added another bonus category! Those holding the Chase Sapphire Reserve® and the Chase Sapphire Preferred® Card (the best credit card for beginners) are getting a big break. I’ll tell you all about it!

Chase points have never been this valuable for statement credits. (Photo by Africa Studio/Shutterstock)

New benefits for Chase Sapphire cards

Earn up to 5x on dining (unofficially)

Update July 6, 3:30 pm EST: Chase has reached out and said that the 3x-5x earning on dining purchases was a temporary coding error. It has now been fixed. Going forward you will no longer earn the extra bonus points on dining purchases. All of the other bonus categories (Instacart, gas and streaming) will still apply.

Here you’ll find a complete list of all the enhancements to Chase Sapphire cards this year, including new (but temporary) bonus categories for gas, streaming services and grocery delivery. However, data points show a couple of quirks not announced by Chase. Restaurant purchases usually net 2 points per dollar with the Chase Sapphire Preferred and 3 points per dollar with the Chase Sapphire Reserve. These cards appear to be earning 3x and 5x at restaurants, respectively — making them even more fantastic for quickly racking up Chase points. Note: This is based on customer reports and is not guaranteed.

It’s not clear if there is a cap or end date for these extra bonus points on dining, but it makes what were already some of the best cards for dining purchases even more rewarding!

Below are the “official” benefits from Chase.

New bonus categories for July through September

Between July 1 and September 30, 2020, you’ll receive earning rate improvements for streaming services, gas stations, and Instacart.

Streaming services include both video and music subscriptions, such as, Netflix, Spotify, Hulu, YouTube TV, etc. If you’re like me, you’re paying for three or four of these services per month. You’ll receive a bonus for up to $1,500 in spending (or an average of $500 per month) Here’s what you’ll get:

You’ll also receive a bonus for up to $1,500 in spending at gas stations. Remember, gas stations sell many more things than just gas — your bonus points should count towards anything inside the convenience store, as well. You might be surprised at how many grocery items or third-party gift cards you can pick up from gas stations (i.e. Amazon, Starbucks or Visa gift cards). Here are the bonuses:

Finally, you’ll receive a bonus for up to $3,000 in spending with Instacart (a grocery delivery service). You can request deliveries from stores like Kroger, Costco, CVS Pharmacy, Aldi, and tons more. Here’s what you’ll get:

Instacart credit

Between July 1 and September 30, 2020, you can receive up to $50 in statement credits towards Instacart Express membership.

Instacart Express is for anyone who uses Instacart with any frequency. You pay a flat fee to receive free delivery on orders costing $35 or more. That’s a savings of up to $7.99 per order! Instacart also offers reduced service fees, which would normally total 5% of your order. You’ll even be protected from price surges.

Annual membership costs $99 per year, but you can alternately purchase a monthly membership costing $9.99.

Chase Pay Yourself Back

Both the Chase Sapphire Reserve® and the Chase Sapphire Preferred® Card have a super nifty new benefit called Pay Yourself Back. With it, you can use your Chase points to give yourself a statement credit to offset purchases at dining establishments, grocery stores and home improvement stores. From May 31 to September 30, 2020, you can redeem your points at the following rates:

  • Chase Sapphire Preferred – 1.25 cents each
  • Chase Sapphire Reserve – 1.5 cents each

This is the same rate at which you can redeem your points for travel through the Chase Travel Portal. Since travel is sparse right now, this is a great option if you find that you redeem your points through the Chase Portal. Normally you can redeem Chase points at 1 cent each for cashback to cover non-travel charges — and this new benefit effectively increases the cash value of points by 25-50%.

However, if you know the best ways to use Chase points, you know that transferring them to valuable Chase airline and hotel transfer partners can net you a value of 2 cents or more per point. You can read more about this in our post covering Chase points value.

Pay Yourself Back is in addition to the limited time offer that was announced earlier this month where Chase Sapphire Reserve and Sapphire Preferred cardholders will earn 5x and 3x points respectively, up to $1,500 a month, on grocery store purchases through June 30.

Improved Chase Sapphire Reserve $300 travel credit

If you’re a Chase Sapphire Reserve cardholder and haven’t exhausted your annual $300 travel credit, Chase is now making it even easier to use.

Previously, this credit would kick in and automatically reimburse you for the first $300 of purchases that code as travel each cardmember year (airfare, hotels, Airbnb, rideshares, cruises, etc.). But from June 1, 2020 through the end of the year, this credit will also reimburse you for purchases at gas stations and grocery stores.

With these new credits, it really shouldn’t be too hard to take full advantage of the expanded $300 credit.

Discounted Chase Sapphire Reserve annual fee

Earlier this year, Chase increased the annual fee for the Sapphire Reserve from $450 to $550, adding some new benefits along with the heftier price tag.  For those renewing their annual fee on the Chase Sapphire Reserve by July 1, 2020, Chase is currently offering a $100 statement credit to help reduce the price tag during the coronavirus ordeal. That effectively lowers the annual fee to $450.

Chase has now confirmed that they will only charge a $450 annual fee to anyone renewing their card between July 2 and December 31, 2020. In other words, everyone planning to renew a Chase Sapphire Reserve this year will pay $450.

Bottom line

Chase has deployed a suite of benefits to its Chase Sapphire cards in a coronavirus relief effort of sorts. These cards are more valuable than ever — even with the temporary halt in travel. Read our Chase Sapphire Preferred review and Chase Sapphire Reserve review for more details about these cards. Five minutes of reading will give you an unequivocal answer as to whether either of these cards deserve a spot in your wallet based on your spending and travel style.

Be sure to subscribe to our newsletter for more miles and points news like this delivered to your inbox.

Joseph Hostetler is a full-time writer for Million Mile Secrets, covering miles and points tips and tricks, as well as helpful travel-related news and deals.

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Join the Discussion!

Notify of
Inline Feedbacks
View all comments