Chase Rewards 10% off gift cards

This comment has been rated as unhelpful by Slickdeals users

Joined Nov 2009

L2: Beginner

230 Posts

344 Reputation

Pro

06-03-2020 at 12:05 AM #2

Or you could buy these at the super market and get 150% instead of ~110% return with reserve cards. And yes we know it's not as good a return as transferring to miles but some people don't like to travel even before the virus.

7

0

7

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Apr 2010

L3: Novice

111 Posts

316 Reputation

Original Poster

06-03-2020 at 12:10 AM #3

Quote from dangerousbri :

Or you could buy these at the super market and get 150% instead of ~110% return with reserve cards. And yes we know it's not as good a return as transferring to miles but some people don't like to travel even before the virus.

Please enlighten me on how to get 150% at the super market. Thanks

4

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Jun 2013

L3: Novice

135 Posts

43 Reputation

06-03-2020 at 12:21 AM #4

Quote from dealtnt :

Please enlighten me on how to get 150% at the super market. Thanks

For limited time, you get 5x point for spending at grocery stores with CSR, then you pay for that spending using Chase Ultimate Rewards points which for CSR is at 1.5x, e.g. your $100 spending can be paid with 6,667 points ($66.67 equiv).

5

0

3

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Apr 2010

L3: Novice

111 Posts

316 Reputation

Original Poster

06-03-2020 at 12:28 AM #5

Quote from newoldthing01 :

For limited time, you get 5x point for spending at grocery stores with CSR, then you pay for that spending using Chase Ultimate Rewards points which for CSR is at 1.5x, e.g. your $100 spending can be paid with 6,667 points ($66.67 equiv).

Chase Sapphire Reserve (CSR) has $550 annual fee. So you have to spend $550 / ($100 - $66.67) = 16.5 times to buy $100 gift cards to break even with the annual fee? That is hard for my budget

3

0

3

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Mar 2010

L3: Novice

198 Posts

125 Reputation

06-03-2020 at 12:29 AM #6

Quote from newoldthing01 :

For limited time, you get 5x point for spending at grocery stores with CSR, then you pay for that spending using Chase Ultimate Rewards points which for CSR is at 1.5x, e.g. your $100 spending can be paid with 6,667 points ($66.67 equiv).

I don't get it, CSR is Chase Sapphire reward??, Because I only have the freedom card.

0

4

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Jun 2013

L3: Novice

135 Posts

43 Reputation

06-03-2020 at 12:31 AM #7

Quote from dealtnt :

Chase Sapphire Reserve (CSR) has $550 annual fee. So you have to spend $550 / ($100 - $66.67) = 16.5 times to buy $100 gift cards to break even with the annual fee? That is hard for my budget

CSR annual fee is lowered back to $450 from July 1st to the end of the year. And if you paid $550 this quarter, you'll get $100 back as statement credit. You can also do the same with CSP albeit at 1.2x redemption rate instead of 1.5x.

1

0

5

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Jun 2013

L3: Novice

135 Posts

43 Reputation

Our community has rated this post as helpful. If you agree, why not thank ?

06-03-2020 at 12:33 AM #8

Quote from lakeshow75 :

I don't get it, CSR is Chase Sapphire reward??, Because I only have the freedom card.

CSR = Chase Sapphire Reserve. CSP = Chase Sapphire Preferred. More info here...

https://thepointsguy.com/news/cha...vid-perks/

2

0

2

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Mar 2010

L3: Novice

198 Posts

125 Reputation

06-03-2020 at 12:35 AM #9

Quote from newoldthing01 :

CSR = Chase Sapphire Reserve. CSP = Chase Sapphire Preferred. More info here...

https://thepointsguy.com/news/cha...vid-perks/

Thanks

3

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Mar 2013

L5: Journeyman

629 Posts

83 Reputation

06-03-2020 at 07:05 AM #10

Quote from dealtnt :

Chase Sapphire Reserve (CSR) has $550 annual fee. So you have to spend $550 / ($100 - $66.67) = 16.5 times to buy $100 gift cards to break even with the annual fee? That is hard for my budget

CSR also has $300 travel credit every year essentially making the AF $150

3

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Aug 2009

L5: Journeyman

866 Posts

108 Reputation

06-03-2020 at 07:14 AM #11

Quote from dangerousbri :

Or you could buy these at the super market and get 150% instead of ~110% return with reserve cards. And yes we know it's not as good a return as transferring to miles but some people don't like to travel even before the virus.

Not everyone owns CSR

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Dec 2011

L5: Journeyman

894 Posts

118 Reputation

06-03-2020 at 07:23 AM #12

Quote from newoldthing01 :

For limited time, you get 5x point for spending at grocery stores with CSR, then you pay for that spending using Chase Ultimate Rewards points which for CSR is at 1.5x, e.g. your $100 spending can be paid with 6,667 points ($66.67 equiv).

How are you getting points when you pay with points?

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined May 2005

L9: Master

4,065 Posts

828 Reputation

06-03-2020 at 07:24 AM #13

Quote from newoldthing01 :

For limited time, you get 5x point for spending at grocery stores with CSR, then you pay for that spending using Chase Ultimate Rewards points which for CSR is at 1.5x, e.g. your $100 spending can be paid with 6,667 points ($66.67 equiv).

Do we currently have 5x going on? How do you pay with points at grocery stores?

TIA

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Jan 2011

L2: Beginner

75 Posts

25 Reputation

06-03-2020 at 07:28 AM #14

Google play credit very rarely discounted, so 10% off is slicker than it seems.

1

0

Reply

This comment has been rated as unhelpful by Slickdeals users

Joined Apr 2005

L3: Novice

142 Posts

75 Reputation

06-03-2020 at 07:33 AM #15

Quote from sagrr :

How are you getting points when you pay with points?

You dont pay with points, you buy a gift card from the store using your credit card and for a $100 gift card you get 500 points because they are giving 5x points on grocery store purchases. When the charge shows up on your credit card statement, you use your points to pay off the charge.
Normally, they used to convert 100 points = 1 cent, but for the next 3 months they are converting to 1.5 cents for every 100 points.

3

0