Sunday, July 5, 2020

Chase Sapphire New 5x Categories


Chase just announced some new 5x categories for one of my favorite credit cards, the Sapphire Reserve. This is my favorite card because Chase Ultimate Rewards Points are super flexible. You can transfer them to airlines and hotels or use them like cash in the travel portal or just cash them in for cashback. 
Plus when flights were canceled due to Covid, all of my points were refunded into my account. Easy! 

Starting July 1, 
  • earn 5x points when you shop at Instacart (delivery and pickup)
  • 5x at gas stations. 
  • a $50 credit if you purchase an Instacart Express Membership
  • earn 10x points on streaming services like Netflix and Spotify. 


Last month, Chase announced that the annual $300 travel credit will now be a grocery credit. It is automatically applied to your purchases. 
My second favorite card is the Sapphire Preferred which carries a $95 annual fee instead of the hefty $550 for the Reserve. Most of the July perks apply to the Preferred too, but at a decreased value. For example, you earn 3x points when you shop at Instacart, 3x points at gas stations and 5x on streaming services. 

And remember if you have the Chase FREEDOM card, this quarter you earn 5x points on all Amazon purchases. 

We can't travel right now, but we can rack up the points so we are ready when we get the green light. 



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