Chase Adding New Q3 Benefits For Sapphire Cards Due To Coronavirus

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Update, 7/7: DDF member sruly notes that he was able to get a refund for his Instacart membership that was renewed a few weeks earlier. He bought it again on his Sapphire Reserve for $99 and got a $50 statement credit and 495 points at 5 points per dollar. He was then able to redeem 6,600 points for a $99 statement credit, so in total he effectively used 6,105 points for a 1 year Instacart membership (normally $99) and a $50 statement credit.

Update, 7/6: Chase’s media relations team wrote to me that the dining bonus was an error and purchases will no longer earn 5 points per dollar.

Update, 7/3: Multiple DDF members, readers, and sites are reporting that restaurant and restaurant delivery services are earning 5 points per dollar on Sapphire Reserve and 3 points per dollar on Chase Sapphire Preferred® Card this month. It’s unclear if this will also be valid for the entire quarter or what the cap might be, but enjoy it while it lasts!


Related post: Chase Freedom Unlimited® And Sapphire Reserve Is The Best Card Combo Around For Now

Chase is continuing to add new temporary benefits to their Sapphire Reserve and Chase Sapphire Preferred® Card cards to make up for the travel slowdown caused by COVID-19. Registration for these offers is not required.

New benefits that will be valid in Q3 (7/1-9/30) include:

  • Up to $50 in statement credits for monthly or annual Instacart Express membership on the Sapphire Reserve or Chase Sapphire Preferred® Card. This is only valid for membership, not for purchases.
    • Instacart has been a lifesaver during these times with grocery deliveries, but this would have come in handy back in March when we signed up for a membership. It doesn’t seem possible to cancel for a refund or to prepay for another year. A monthly membership is $9.99 and an annual membership is $99. Note that some grocery stores have in-store pricing, while others have a surcharge. You can also get an additional $10 bonus with my wife’s Instacart referral link here.
  • 5 points per dollar spent with Sapphire Reserve or 3 points per dollar spent with Chase Sapphire Preferred® Card on Instacart, up to $3,000 per card. You can offset these purchases with statement credits at a value of 1.5 cents per point and still keep the 5 points per dollar spent!

You can also see if you’re targeted for bonus points on bill payments here.

As previously announced, you can also:

  • Redeem your Sapphire Reserve Ultimate Rewards points to offset any dining (Including Doordash/Uber Eats), grocery store (including Instacart), or home improvement purchases at a rate of 1.5 cents per point or you can redeem your Chase Sapphire Preferred® Card Ultimate Rewards points at a rate of 1.25 cents per point through 9/30. You can click here to redeem your points for statement credits.
  • You can renew your Sapphire Reserve card at a $450 annual fee from July-December.
  • You can get free DoorDash DashPass Membership.
  • You can get $60 in statement credits for Doordash purchases in both 2020 and 2021 with Sapphire Reserve. You can offset these purchases twice by paying yourself back with points at a value of 1.5 cents each!
  • Between 6/1-12/31 you will get automatically reimbursed for gas and groceries with your Sapphire Reserve $300 travel credit.

Which of these benefits will you take advantage of?

HT: mochjas, via DDF

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75 Comments On "Chase Adding New Q3 Benefits For Sapphire Cards Due To Coronavirus"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Dnjr

Shkoyach reb Dan shlita hope all is well legabay you

Josh Zak

any idea if this 10 points per dollar spent with Sapphire Reserve or 5 points per dollar spent with Sapphire Preferred on select streaming will work for youtube premium(formally youtube red)?

farmbochur

I can confirm that I received 10x on YouTube premium using my Reserve.

DoB

This isn’t nearly as useful as last quarter’s grocery benefit.

Is there any way to split an annual Instacart Express membership between two CSR cards ($50 on one and $49 on the other)?

Mark

“This isn’t nearly as useful as last quarter’s grocery benefit.”

I agree. I was really hoping they would extend it!

Yoni

So if you’re doing it monthly, it is basically free for the first five months?

CtownBin

No, because these benefits on Chase’s end only go through Q3, and there doesn’t seem to be a way to pre-pay for future months on Instacart. So basically, you have to choose between 3 months for free or one year for $50. I suppose if you have 2 CSRs (though in most cases that wouldn’t be very beneficial and hence not so likely) you can use one to get 3 free months, and then on 9/30 you can purchase an annual membership on the other one so you can get 15 months for $50.

ya

Don’t complain that you paid for instacart- many didn’t pay for instacart yet- so let them enjoy the benefits!

Josh Zak

also got this email for my sapphire reserve:
1 Six months free Spotify Premium offer: To take advantage of this offer, you must be a new Spotify Premium subscriber who has not previously taken or accepted any free offer of the Spotify Premium service, and you must redeem the offer by clicking the link in this email and signing up by 11:59 p.m. E.T. on 9/30/2020. If you successfully redeem this offer, you will receive six months of Spotify Premium free, commencing on the date of redemption. After your free offer ends, you will automatically remain a Spotify Premium subscriber and your credit card will be charged monthly at the then-current monthly Spotify Premium price. If you want to cancel your Spotify Premium subscription at any time, go to this link: spotify.com/us/account/subscription. The full offer terms and conditions can be viewed here: spotify.com/us/legal/spotify-6m-chase-offer/.
5% Monthly Statement Credit: Once you begin paying for your monthly Spotify Premium subscription with your Chase credit card account referenced in this email, you will automatically receive a monthly 5% statement credit for a total of six consecutive months during the promotional period 12/01/2020-9/30/2021. Spotify monthly charges must post to your credit card by 9/30/2021. Please allow up to 8 weeks for the statement credit to appear on your account after each monthly charge is posted. To be eligible for this offer, your account must be open and not in default at the time of fulfillment. This monthly statement credit from Chase is non-transferable and applies only to the account ending in the last 4 digits referenced in this offer.

2 5% Back Statement Credit: To be eligible for this offer, you must opt-in using the link in the email by 9/30/2020, 11:59 p.m. E.T. You’ll earn a 5% statement credit each month for a total of 6 consecutive months during the promotional period 6/10/2020 – 3/31/2021. Spotify monthly charges must post to your credit card by 3/31/2021. Please allow up to 8 weeks for the statement credit to appear on your account after each monthly charge is posted. To be eligible for this offer, your account must be open and not in default at the time of fulfillment. This promotional offer is non-transferable and applies only to the account ending in the last 4 digits referenced in this offer.

3 Groupon: To be eligible for this offer, you must enroll by 02/28/2021 at 11:59 p.m. E.T., in a Groupon 10% back offer, rewarded as Groupon Bucks, up to $50 each month for a year. For the next 12 months, Groupon will deposit Groupon Bucks into your Groupon account within 15 days of each calendar month end on purchases made with your Chase credit card. Groupon Bucks expire 30 days after awarded, if unused. No Groupon Bucks will be awarded in connection with this offer after 02/28/2022. You may only enroll in this offer one time before 02/28/2021. Promotional offer is non-transferable and applies only to the account ending in the last 4 digits referenced in this offer. See gr.pn/bucks for full Terms and Conditions.

4 ShopRunner Complimentary Membership offer: To be eligible for this offer, you must enroll at ShopRunner.com/Chase by 02/28/2021 at 11:59 p.m. E.T. Offer includes a one-year ShopRunner membership from the date of enrollment, for free 2-day shipping and free returns at more than 100+ online stores. Cannot be combined with other ShopRunner enrollment offers. See ShopRunner.com/Chase for full Terms and Conditions.

Lcm

I got this offer on my freedom unlimited 🙂

k

I got the same email from CSR but it doesnt say anything about Instacart. Is there a link to that promo?

A

This is automatic on all cards or need to register?

OD

whats the main benefits to instacart I see prices are higher than in store(costco) and they charge for delivery?

Ariella

If you are a Costco member, you can shop at same-day.costco.com without being an instacart member.

Sam

Not real useful for me – at least in my area instacart is a rip-off – pay for membership, Groceries marked up, fewer sale items than instore, plus tip. When I don’t want to go in I just use kroger clicklist.

Mo K

Dan, any advice on how to best use instacart?

Can anyone advise if Instacart ends up costing more than shopping in store and if yes by how much? Looking online, it’s a little vague

kalman

YMMV due to limited availability, but if you are worried about tipping eating up CC benefits on instacart, try do do an instacart pickup. Due to payroll legalities, you will not be allowed to tip, in most cases, because instacart pickup works through store employees.

Of course shopping yourself in-store will almost always save you more than the 5% CC benefit, but for people like me who live with a vulnerable person, 5% off instacart is a great help. I already pay a 15-20% premium (between tipping inside, outside, and service fee) to get convenient curbside pickup at the reasonably priced, out of town kosher grocery store (which is losing money offering this service).

ya

what does everyone tip here? 10%? 15%? more? shlepping groceries is difficult!

Hiiii

Dan you didn’t sign up for Instacart back when Amex had $50 off $100??!!! I had it on all my cards!

Al

Can you buy a VGC from a grocery store through Instacart?

CtownBin

I am now wondering this as well…

Deme321

Starting July 1, what cards will be the best to use for groceries?

Heshy

The visa cards that you bought last month!

CtownBin

The Marriott cards earn 6 points per dollar through July 31. But depending on how you value Marriott points, may only be worth 3-4%. Might do better with other cards’ regular earn, like AMEX Gold 4 points per dollar or the Blue cash Preferred at 6% cash, though both of those have annual caps which is why you may find the Marriott enhancement helpful.

the big x

one of the (amex) Bonvoy card offering 6 ppd n groceries

Heshy

5 percent on 1500 of groceries per month would be preferred

CtownBin

Yes, the benefits from May and June were much better, no question. Plus they were on more cards. Looks like they are slowly scaling back, I wonder if we will see any further enhancements after 9/30.

perl

Is 1.25 cents worth it to redeem my points? Are chase points worth anything now for airlines?

CtownBin

Personally I wouldn’t redeem for 1.25. Some of the airlines should still have better value than that- you never know what they will do to attract loyalty once COVID starts to slow down. Also, you can hang on to the points for a time when you have a Reserve, and redeem them at 1.5 each. If you really have a large balance you don’t think you will ever use on travel, it may even be worth it to upgrade to a Reserve now in order to redeem at 1.5 (plus the other benefits it has now).

perl

when can one redeem at 1.5 with Reserve?

jonny

(including gift cards sold by gas stations)

Does this mean any and all GCs sold by gas stations, or just that respective gas stations’s GCs (Like a Sunoco GC from a Sunoco)?

Yochai

Any gift card

CtownBin

Some gas stations sell VGC. Notably, 7-11 sells $500 OVs and codes as gas on Chase cards, but many 7-11 stores won’t sell them on cc (even though the system totally allows it, it’s not hard-coded). So YMMV.

jonny

Is that an exhaustive list of streaming services? What about HBO Max?

Yochai

Is the 1500$ limit on gas per month or per quarter?

USam

Is the $50 Instacart credit only on the reserve, or also on the preferred?

shmo

Oops, I just signed up. Do you think I’ll get the credit if it posts tomorrow?

shmo

Looks like I got the Instacart fee back under Travel Credit. Does that make sense?

yossi

how does the grocery credit work if i go shop now presumably the transaction date will be today but the posting date will be tommorrow will i still get the 5 percent or does it go with the posting date

Ari

I have a ton of cards with chase, no late payments, 815 credit score. I follow the 524 rule, I’m not 100% I had a preferred more than 48 months maybe that’s why they declined me. Never got declined from chase. Sigh

Yochai

Call reconsideration

Ari

apparently it’s only 3 years and i need to wait 4 years to trigger again the bonus. four years is a really long time to wait for the bonus

Avi2

Any word on good current options to pay taxes (for July 15th tax day) via credit card.

Marc

How do I renew my sapphire reserve to a $450 annual fee?

Hi

Is the $450 annual fee on new cards as well or only a card you already have?

emgee

Whats the best credit card for Groceries this quarter?

yosef768

FYI, I had a $52.43 purchase in the “food & drink” category and was awarded 262 points (5 points).

Yochai

I was awarded 1 point per $.

Yochai

Does the Instacart credit deduct the points earning? I don’t need Instacart but would sign up for the points if it’s free anyway.

meir

5 points per dollar spent with Sapphire Reserve or 3 points per dollar spent with Sapphire Preferred on Instacart; is it also for buying gift cards ?

perl

whats the best sign up deal for chase reserve?

Yochai

There’s only on offer:
50k points for spending 4K within 3 months. Been like this for years.

Jay

Has anyone been paid back twice via statement credit after redeeming a batch of UR points? thx

David R

Is there a list of MCCs for home improvement purchases that can be offset? Is 5251 included?

Danfan+

It says on their website that you can redeem UR points for 1.5 for “select charitable organizations”.
Do you know what does that include?

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