Maximizing Chase Sapphire Preferred Gas Savings and Rewards

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Majestic view of Sapphire Pool in Yellowstone's vibrant geothermal landscape.
Credit: pexels.com, Majestic view of Sapphire Pool in Yellowstone's vibrant geothermal landscape.

The Chase Sapphire Preferred card is a great choice for anyone looking to maximize their gas savings and rewards. With its 2X points on travel and dining purchases, as well as a 25% points bonus when redeemed for travel, it's an excellent option for frequent travelers.

One of the key benefits of the Chase Sapphire Preferred card is its ability to earn points on gas purchases. In fact, cardholders can earn 2X points on gas purchases for the first $1,000 spent annually, after which they earn 1X point per dollar spent.

To maximize your gas savings and rewards with the Chase Sapphire Preferred card, it's essential to understand how the points system works. By redeeming your points for travel, you can earn a 25% bonus, making your points worth even more.

You can redeem your points for travel through the Chase Ultimate Rewards portal, which offers a wide range of options, including flights, hotels, and car rentals.

For more insights, see: American Express Points Travel

Rewards and Benefits

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If you're a Chase Sapphire cardholder, you can earn increased rewards on gas purchases made at participating stations.

From July 1 through September 30, 2020, Sapphire Preferred cardholders can earn 3x points on up to $1,500 in spending, while Sapphire Reserve cardholders can earn 5x points on the same amount.

Additionally, Sapphire Preferred cardholders can earn 5x points on gas purchases, and Sapphire Reserve cardholders can earn 10x points.

Refer Friends to Chase Cards for Rewards

Referring friends to Chase cards can be a great way to earn rewards. By sharing your personal referral link, you can earn a $100 bonus for each friend who applies for a new Chase card and is approved.

You can find your referral link in the Chase app or online banking. This link is unique to you and can be shared with friends and family.

For each friend who applies and is approved, you'll earn a $100 bonus. This bonus will be deposited into your account within 6-8 weeks of the friend's account being opened.

Credit: youtube.com, How to refer friends to Chase Credit Cards

Chase also offers a 5% cash back bonus on the first $3,000 spent on combined purchases in the first 3 months from account opening for new cardholders. This bonus can be earned on purchases like groceries, gas, and dining.

This offer is a great incentive for your friends to apply for a new Chase card. Just make sure they meet the spending requirements to earn the bonus.

New Sapphire Rewards

If you're a Chase Sapphire cardholder, you're in for a treat. New Sapphire gas station rewards are available from July 1 through September 30, 2020.

Purchases made at gas stations can benefit from increased rewards on up to $1,500 in spending during this time.

Sapphire Preferred cardholders can earn 3x points on gas station purchases, up from 1x points previously. Sapphire Reserve cardholders can earn 5x points, also up from 1x points previously.

Sapphire Preferred cardholders can also earn 5x points on gas station purchases during this period, while Sapphire Reserve cardholders can earn 10x points.

To save even more on gas, consider registering for Shell Fuel Rewards Gold status. This will give you a discount of 5 cents per gallon every time you fill up with a Chase Sapphire card.

On a similar theme: Apple Card Gas Cash Back

Fuel Savings

Credit: youtube.com, The Complete Guide to The Chase Sapphire Preferred (26 Incredible Benefits!)

If you're a Chase Sapphire cardholder, you can save money on your fill-ups with Shell Fuel Rewards. Simply register at the link and you'll enjoy Shell Fuel Rewards Gold status until the end of the year.

One of the benefits is a discount of 5 cents per gallon every time you fill up. You can check out the terms and conditions to see how it works.

If you're planning to make purchases at gas stations, you can earn increased rewards on up to $1,500 in spending from July 1 through September 30, 2020. This is a great opportunity to rack up points.

Here are the details on how the increased rewards work:

Abraham Lebsack

Lead Writer

Abraham Lebsack is a seasoned writer with a keen interest in finance and insurance. With a focus on educating readers, he has crafted informative articles on critical illness insurance, providing valuable insights and guidance for those navigating complex financial decisions. Abraham's expertise in the field of critical illness insurance has allowed him to develop comprehensive guides, breaking down intricate topics into accessible and actionable advice.

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