Until June 30, this offer is even sweeter as you can double dip the increased redemption rates on the portal with the 3 Ultimate Rewards per dollar for Sapphire Preferred and 5 Ultimate Rewards per dollar for Sapphire Reserve that you can earn on groceries. This means a Sapphire Reserve cardholder can first earn 500 Ultimate Rewards points for $100 in groceries, then redeem 6,667 redeem points to cover the purchase.
Additionally, from June 1 through December 31, 2020, gas station and grocery store purchases will also count toward earning your $300 Travel Credit while still earning points for the purchases. These offers rival the generous benefits extended byIn January, Chase announced that the annual fee for Chase Sapphire Reserve would increase from $450 to $550, starting with renewals on April 1, 2020.
Unless you are offering more than 0.01% interest on accounts / I’ll pass
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