Your points don t expire as long as your account is open.
Chase sapphire redeem points grocery.
Between june 1 and september 30 2020 chase sapphire cardholders have the option to redeem points at an elevated rate for purchases at grocery stores restaurants and home improvement stores.
Sapphire preferred is broadening your world of benefits.
And they re reducing the sapphire reserve card s annual fee temporarily as well.
Holders of the chase sapphire preferred card can redeem points for statement credit against spending at grocery stores restaurants including takeout and eligible delivery services home.
The limited time offers above are in addition to the other features chase has already announced including the new pay yourself back sm that allows sapphire cardholders to redeem their ultimate rewards points as statement credit to offset grocery store restaurant and home improvement store purchases made in the past 90 days through sept.
30 2020 though there are rumors that this benefit may become permanent.
Chase has added more new temporary benefits to the chase sapphire reserve and chase sapphire preferred card products.
Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.
Is a wholly owned subsidiary of jpmorgan chase co.
They re letting you redeem points at full value towards restaurants grocery stores and home improvement stores.
If you have a stash of chase ultimate rewards points or even if you decide to open a chase sapphire card as a new member you ve got more options to use them.
This new pay yourself back function lasts through sept.
With the pay yourself back tool your ultimate rewards points are worth 25 more when you redeem them for statement credits against purchases in our current categories.
Chase sapphire and co branded card holders now qualify to earn either 3x or 5x points or miles per dollar spent on grocery purchases on up to a maximum of 1 500 in eligible purchases from may 1.
Chase sapphire preferred cardholders will also get a solid 3x which means up to 9 000 ultimate rewards points worth 180 according to tpg valuations.
I was able to confirm with chase that the 1 500 spending cap is per card.
With chase ultimate rewards you can redeem the points you ve earned for travel.
How to use chase points to cover your grocery bill.
Chase sapphire cardholders jpm 2 87 will be able to use their rewards points to cover purchases like groceries and takeout food thanks to a temporary new feature.