Chase Sapphire cards will earn up to 10x bonus points on Instacart, gas stations, and select streaming services through September
From July through September 30, the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® will earn bonus points on Instacart, gas station, and select streaming service purchases. The Chase Sapphire Preferred® Card will earn 3 points per dollar on Instacart and gas station purchases and 5 points per dollar on select streaming services, while the Reserve will earn 5 points per dollar on Instacart and gas stations and 10 points per dollar on eligible streaming purchases (see point caps below). If you max out the spending caps in these categories, you could earn up to 21,000 points with the Preferred and up to 37,500 points with the Reserve. The Chase Sapphire Reserve® is also adding up to $50 in statement credits toward Instacart Express membership, which reduces delivery and service fees. See Business Insider's list of all the limited-time credit card benefits that have been added during quarantine »
Over the last several months, credit card issuers from American Express to Capital One have been in a race to one-up each other with new benefits tailored to life in quarantine. Chase has done an especially good job keeping its travel rewards cards relevant, with a new Pay Yourself Back option that lets you redeem points from the Chase Sapphire Preferred® Card or Chase Sapphire Reserve® to cover grocery, dining, and home-improvement purchases while getting 25% to 50% more value from your points. Chase also offered up to 5x points on groceries with select cards in May and June. As that offer is about to end, it's launching another limited-time promotion for earning bonus points on select non-travel purchases — this time from July 1 to September 30. Chase Sapphire Preferred® CardChase Sapphire Reserve® Earn up to 10 points per dollar on Instacart, gas stations, and select streaming services Starting on July 1, the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® will earn bonus points on Instacart delivery and pickup orders, gas stations, and select streaming services including Spotify, Netflix, Hulu, and Disney+ (see the full list of eligible streaming services). The Sapphire Preferred will earn 3x points on Instacart and gas station purchases and 5x points on participating streaming services, while the Sapphire Reserve will earn 5x points on Instacart and gas stations and 10x points on select streaming services. There are caps on how many bonus rewards you can earn in each category:
Instacart purchases — earn bonus points on up to $3,000 in spending across the three months Gas stations — earn bonus points on up to $1,500 in spending across the three months Select streaming services — earn bonus points on up to $1,500 in spending across the three months
Chase Sapphire Preferred Chase Sapphire Reserve
Instacart purchases (on up to $3,000 total) 3x points (up to 9,000 points total) 5x points (up to 15,000 points total)
Gas station purchases (on up to $1,500 total) 3x points (up to 4,500 points total) 5x points (up to 7,500 points total)
Select streaming purchases (on up to $1,500 total) 5x points (up to 7,500 points total) 10x points (up to 15,000 points total)
Maximum points you can earn 21,000 points total (worth $262.50 with Chase Pay Yourself Back) 37,500 points total (worth $562.50 with Chase Pay Yourself Back)
If you were to max out spending on all three categories — which admittedly could be pretty hard, especially when it comes to streaming services — you could earn up to 21,000 Chase Ultimate Rewards points with the Sapphire Preferred and up to 37,500 points with the Chase Sapphire Reserve. Using Chase's new Pay Yourself Back feature, you could redeem those points to get up to $262.50 in value toward grocery, dining, or home-improvement purchases with the Sapphire Preferred, or up to $562.50 in value toward those purchases with the Sapphire Reserve. (Your points are worth 1.25 cents apiece and 1.50 cents apiece toward purchases with the Sapphire Preferred and the Sapphire Reserve, respectively). Read more: When I fell short of my savings goal last month, I used my Chase Sapphire Reserve points to save $597 on groceries and food delivery Instacart Express membership for Sapphire Reserve cardholders If you have the premium Chase Sapphire Reserve® card, you'll have access to one more benefit with Instacart: up to $50 in statement credits toward an Instacart Express membership. This membership gets you $0 delivery fees on orders of $35 or more (without the membership you'll pay up to $7.99 for delivery) and reduced services fees on orders of $35 or more. An Instacart Express membership costs $99 per year, and there's also a monthly option for $9.99. None of these offers require activation, so if you have the Sapphire Reserve or Preferred, it's worth keeping the card in your wallet so you can maximize your purchases at the gas station and grocery store. More value for cardholders As we approach another month of semi-lockdown, it's great to see that card issuers like Chase continue to adjust their rewards and benefits to keep cardholders happy. Between new redemption options, points bonuses, and statement credits from issuers including Chase, American Express, and Capital One, if you have a rewards card it's increasingly likely you'll be able to get some sort of bonus or money back on groceries, streaming services, and dining. The latest Sapphire Reserve benefits are right on the mark for me. I've been using Instacart quite a bit since quarantine began, and I like the convenience and the ability to avoid the grocery store even though I don't feel great about the delivery fees or the prices, which are often marked up. I'll happily take advantage of this new Instacart Express membership perk to cut down on some of the extra fees — and to earn bonus points on my Instacart orders (especially because the Q2 bonus category on the Chase Freedom®, which included grocery stores, is about to end). Related Content Module: More Credit Card CoverageJoin the conversation about this story »
More like this (3)
The best credit card bonuses and deals this week include an limited-time 100,000-point offer and loads of other increased welcome bonuses
Summary List PlacementTable of Contents: Masthead Sticky Chase launched increased welcome bonuses on two Marriott Bonvoy...Summary List PlacementTable of Contents: Masthead Sticky Chase launched increased welcome bonuses on two Marriott Bonvoy credit cards. These join the limited-time elevated offers on the Amex Marriott cards, which end May 12, 2021. Don't forget about other ongoing elevated bonuses on several American Express and Chase cards. Read Insider's guide to the best rewards credit cards for more top picks. April is ending...
The best Chase credit cards you can sign up for, whether you prefer cash back, flexible points, or airline and hotel rewards
Table of Contents: Masthead StickySummary List Placement The best Chase cards in 2021 Category Chase credit...Table of Contents: Masthead StickySummary List Placement The best Chase cards in 2021 Category Chase credit card Best premium card: Chase Sapphire Reserve® Best with a lower annual fee: Chase Sapphire Preferred® Card Best for everyday spending: Chase Freedom Unlimited® Best for small businesses, freelancers, and side gigs: Ink Business Preferred® Credit Card Best for bonuses: Chase Freedom Flex℠ Credit card points and frequent...
I use the Sapphire Reserve to increase the value of all my Chase points, and you can use the same strategy to effectively get up to 7.5% back on your spending
Summary List Placement I have the Chase Sapphire Reserve® and Ink Business Unlimited® Credit Card, both...Summary List Placement I have the Chase Sapphire Reserve® and Ink Business Unlimited® Credit Card, both of which earn Chase Ultimate Rewards points. You can transfer points between Ultimate Rewards cards, so I transfer points from my Ink Business Unlimited® Credit Card to the Chase Sapphire Reserve® to increase their value for certain redemptions. When you redeem points in your Chase Sapphire Reserve® account for travel...