We’re in the middle of a pandemic, so we should stop earning points for travel and cash back, right? NOPE! Our expenses have not changed, we may not be traveling as much, may not be driving as much, but the regular expenses such as groceries are still high on our regular list of expenses.
The Grocery Game Plan
It’s quite simple really.
- Earning something is better than earning NOTHING.
- Earning points for travel or cash back
- Earning more than 1 point is the goal
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Image courtesy of @franki/unsplash Chase just announced: new grocery points earning
- Shop at grocery stores for up to $1,000 monthly
- Promo period – from Nov 1, 2020 through April 30, 2021
- Use the following cards
- 3x using the Chase Sapphire Reserve aka CSR
- potential earning 18K points – that’s 3 pts x $1000/month x 6 months
- use your annual statement credit of $300 through June 30, 2021, and use it towards groceries, travel and gas.
- 3x using the Chase Sapphire Reserve aka CSR
Image courtesy of Chase -
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2x using the Chase Sapphire Preferred aka CSP
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potential earning 12K points – that’s 2 pts x $1000/month x 6 months
- This is THE card that has an all-time high offer of 80,000 bonus points that will expire in November 2020 (from last I read)
- Read this to find out why the Chase Sapphire Preferred should be part of your travel credit cards
- these cards typically get 1x per dollar spent, but the offers were increased
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Image courtesy of Chase H/T The Points Guy
My other favorite grocery credit card payment options
(click the credit card for more details about the card)
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American Express Gold = Earn 4x Membership Rewards on groceries
- Amex Everyday Preferred = earn 20% extra Membership Rewards if you make 20 or more separate purchases good/services
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Amex Blue Business Plus = Earn 2x on all purchases
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Chase Ink Business Unlimited = Earn 1.5x on all purchases
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Chase Ink Cash = earn 5x when buying grocery store gift cards at office supply stores
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New Freedom Flex or Freedom Unlimited– Earn up to 80,000 points
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New cardmembers will receive $200 cash back
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after you spend $500 on purchases in the first three months
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- 5% cash back on grocery store purchases for the first year (on up to $12,000).
- Potential earnings in groceries for one year = $12,000 x 5% = 60,000 points
- Plus, the $200 sign up bonus, which is also equivalent to 20,000 bonus points
- Total potential earnings with a new Freedom Flex or Freedom Unlimited = 80,000 points
- Want to know more about these 2 cards, here’s what I wrote.
- Costco Anywhere Visa – earn 2% cash back on all purchases from Costco and Costco.com
- Discover IT– earn 5% cash back during quarter rotation offers (groceries)
Pardon me for searching for the right credit card to use
Yes, we are that family. The ones who sometimes aren’t ready to pay at the register. If you happen to be right behind me at a grocery store, you might see me juggle through my credit cards. Every dollar spent is an opportunity to earn points for travel and cash back. This is us right here:-
NO to paying cash
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NO to paying with debit card
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NO to using a credit card that will earn NO points
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NO to using a credit card that earn me just 1 point
For more deals, follow me on my travel page on Facebook or Instagram or Twitter
Image courtesy of @agent_illustrateur/unsplash
