Chase Sapphire Preferred: $50 Grocery Credit for New Cardmembers
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
» This offer has expired
This credit on the Chase Sapphire Preferred® Card has expired. See our card details page for the current offer on the Chase Sapphire Preferred® Card.
The Chase Sapphire Preferred® Card will offer new cardholders a one-time, automatic $50 statement credit on grocery store purchases.
The perk is an incentive to apply now for the Chase Sapphire Preferred® Card — essentially a travel credit card — even though travel remains curtailed by the COVID-19 pandemic.
Offer details
The one-time $50 statement credit is for new cardmembers only.
The offer will be available for 12 months from the time of account opening.
There is no spending threshold required to get the credit.
There is no activation required to get the credit.
Eligible grocery store purchases will automatically qualify for the credit. Purchases must be made at traditional supermarkets. (Chase does not count warehouse clubs as eligible grocery purchases, for example.)
The credit is in addition to the current offer available to all cardmembers through April 30, 2021: 2X points on up to $1,000 in grocery store purchases per month.
Note: Chase has not said publicly whether the offer is for a limited time only.
Other card features are unchanged
Ongoing rewards:
2 Chase Ultimate Rewards® points per $1 spent on travel and dining at restaurants.
1 point per dollar on everything else.
Annual fee: $95.
Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.
