Chase has finally added a grocery multiplier to the Chase Sapphire Reserve and Sapphire Preferred. But while earning Ultimate Reward points for grocery spend, is this enough for Chase travel credit cards. Especially considering their offers on the Chase Freedom Flex and Chase Freedom Unlimited. Plus other offers like the Amex Gold, or Citi Premier?
00:00 – Start
00:33 – Chase Temp Benefits
1:00 – Grocery Earnings
2:28 – Chase Pay Yourself Back
3:00 – Better Grocery Credit Cards
5:03 – Wrap Up
☕️ Cash App –
🔥 Waller’s Wallet YouTube Channel Member:
🎧 Listen to the Waller’s Wallet Podcast:
➡️ Get early access to Podcast:
📈 WeBull Free Stock:
📈 Robinhood Free Stock:
💵 Get Easy Money Signing Up For Sofi Money:
👕 Waller’s Wallet Merchandise:
📰 Subscribe to my newsletter:
Support Waller’s Wallet when shopping at Amazon:
My Camera Equipment:
Canon M50:
Lighting:
Main Mic:
Shotgun Mic:
Switchpod Tripod:
Colored Background lights:
iPad Pro:
Magic Keyboard:
Airbnb – Get $40 off your first booking-
Rakuten – Get $10 when you sign up –
Social Media:
FaceBook Group:
Twitter:
Instagram:
Advertiser Disclosure: Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.
28 comments
This is why I like your credit card channel. Clear, concise, always on topic.
I can tell that you were trained as a pharmD 😆
16th!!!!!
Where did you bought your t shirt
haha… I dont think Chase realizes what they have done…. Rocked the whole point system. Someone might've lost their job to get us that 5% haha
Straight fire man ! LOL! STRAIGHT FIRE ! I’ve got my annual fee coming up for the CSP in December. I was kinda looking 4 a real way 2 justify the upgrade to the Chase Sapphire Reserve in January…… Now what ???????
points are points ‼️ though it’s temporary, i feel it’s a good deal
Good video as always!
I am just happy I can earn 3x on purchases I can then use PYB @ 1.5CPP with.
shoulda been permanent. and preferably a higher multiplier
Meh.
Would be good to start looking at those cards from an ecosystem point of view. Like running some sort of simulations to see which ones offer the best benefits on a 6 month period.
I think the Reserve can get away with temp. bonuses to everyday spend since it is their top travel card. The Preferred is the red headed step child of the line-up and needs complete overhaul. Personally would love to see them steal the Blue Cash Preferred's categories (I'd accept 5x instead of 6x), keep the 1.25 multiplier and AF. That'd bring alot of new customers and would be big point earner for team Chase.
2x on the CSP… So weeeeeaaak
It's not bad, but Chase should add a permanent gas and grocery category to their cards. For me and anyone who recently got the CF, CFU, or CFF cards, this announcement does nothing since they have 5% on groceries in the first year. I would consider switching to the CSP for groceries when the bonus on my CFU ends, but this ends before I hit the 1 year anniversary on the CFU.
Sticking with Gold. The only thing that would entice me to the Chase Ecosystem, would be a "Chase Ink Reserve".
Mediocre update and isn’t really good for comparable cards…
That additional 3x AmEx referral bonus is a pretty nice nod to current card holders since most good bonuses are usually geared at attracting new card members.
Chase is throwing everything at customers in hopes to retain them. 3x doesn't beat 5x UR points. 3x UR doesn't beat 4x MR points.
This is perfect for me because I’m in Europe 10 out 12 months a year. No FTF and this moves CSR into my everyday card!
Is the capital one quicksilver one card any good
If Chase really wanted to Compete with The Amex Gold Card, The Chase Sapphire Reserve should have 4X on Groceries and The Chase Sapphire Preferred 3X on Groceries!!!
This temporary bonus in the grocery category for the sapphire lineup changes my strategy. If P2 can get approved for the preferred, I'll take that 2x on groceries in addition to the 80k SUB
Still not worth it when I can get 5% from my CFU and CF.
Not enough Chase! Let's see a permanent change. Take care Dustin and keep the family safe!
Great breakdown. Thank you.
We need a gas and internet/ cell phone category LOL. At minimum, the chase ecosystem needs to beat out the Amex BCP, and be competitive with the Amex MR system. I’m adding the CFU to my lists to buff up my CSP (and I use drugstores a lot haha), but I’m still keeping my Amex Gold for groceries and restaurants. Even the CITI PREMIER out earns the CSP :/
Yo just saw your channel. Really good interpretation of points/ cash / cards. On occasion I get tired of the outrageous BAD EXAMPLES, lolll
I just got the CSP a couple of days ago. Would you happen to know if the 2X on groceries is eligible for new cardholders as well? Or is it only for people who previously had the card before this announcement? I have cards that offer more for groceries. However it would be good to know in case I need help hitting my 80,000 point SUB.