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Chase has been finding ways to keep customers happy by not only adding in lifestyle features ( like DoorDash credits, DassPass, and Pelton credits), but allowing cardholders to pay themselves back with their points. Many of those benefits have been extended until September 30th, 2021, and a few extras have been added in. Don’t forget that Chase Sapphire Preferred is offering a best ever offer right now, and Chase Sapphire Reserve has a great offer as well. Let’s take a look at the details:
Chase Sapphire benefits extending
Chase has extended several benefits for Chase Sapphire Preferred and Chase Sapphire Reserve through September…here they are:
Pay Yourself Back extended until 09/30/21
Points are worth 25% or 50% more when redeemed for statement credits after using your card at grocery stores and dining at restaurants (including takeout and eligible delivery services) home improvement stores, and select charitable organizations.
Chase Sapphire Reserve $300 Travel Credit flexibility extended to 12/31/21
Gas station and Grocery store purchases will continue to count toward earning the $300 Sapphire Reserve Travel Credit through the end of the year.
Chase Dining benefit extended until 09/30/21
This is something that was recently added but you can redeem your points at 1.25 or 1.5 ( Preferred vs Reserve ) when booking takeout, pre-paid dining, etc via Chase Dining. You’ll also earn 10x points, up to $500 through 6/30/21
Up to 10x with Chase/Peloton partnership starting 3/30/21
These new benefits are in addition to the $60 and $120 credits that Sapphire Preferred and Reserve customers respectively get on Peloton All-Access memberships through 12/31/21
Up to 10x points on Peloton Bike, Tread, and Accessory purchases over $1800
- Reserve cardmembers: Through March 2022, earn 10x total points on each Peloton Bike, Tread, and accessory purchase over $1,800, with a max earn of 50,000 points.
- Preferred cardmembers: Through March 2022, earn 5x total points on each Peloton Bike, Tread, and accessory purchase over $1,800, with a max earn of 25,000 points.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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