Chase is continuing to try and encourage more spending on their credit cards as they’re currently sending out targeted emails to cardholders of some of their co-branded cards offering 5-7x points or miles on up to $1,500 of spend on groceries and gas by September 30, 2020.
- Earn 5x or 7x total points / miles on grocery store & gas station purchases on select Chase co-branded cards.
- Targeted Avios cards will earn 7x on restaurant purchases in addition to grocery stores and gas stations.
- No direct link to offer (activation link will be in an email), but check Chase’s MyBonus landing page to check if you’re targeted.
- Limit $1,500 spend per month in combined purchases.
- Offer valid August 1 to September 30, 2020.
If you’re targeted for this offer you should receive an email with an activation link, but it’s worth checking your eligibility using the MyBonus link above just in case.
The email from Chase states that it’s 5x total points or miles at grocery stores and gas stations. That means it’s a bonus 4x on Southwest and United cards, but only a bonus 3x on IHG cards because their cards already earn 2x points per dollar in both of those categories.
Update: docntx has commented below to share that they have an offer on their British Airways Avios card for 7x.
With a limit of $1,500 of spend per month for the next couple of months, it’ll be easy to max out that limit when buying just three Visa gift cards, although organic spending at grocery stores can already help you along the way to that $1,500 limit. Earning 7,500 points/miles per month on United and Southwest cards is a good return. Putting that spend on IHG cards is less enticing due to the lower valuation of their points and thus lower overall return, but if you don’t have any other cards that offer bonused spend on groceries, I guess it could be worth considering.
Note that although the targeted emails have been going out today, the bonused spend doesn’t start until August 1. It’s therefore not possible to get in three months worth of bonused spend by going out to spend $1,500 in the next couple of days.
h/t Reader Dale & Doctor of Credit