Chase
On $1,000 a month of spending, split evenly across restaurants, travel, groceries and everything else: yes.
24,000 points a year at 1.50¢ = $360, $600 of credits you'd actually use, minus the $795 annual fee = $165 a year. The 100,000-point welcome bonus adds $1,500 in year one.
That is a worked example, not a figure about you — we have no idea what you spend. Put your own numbers in and the same arithmetic runs on those.
| On | Rate | Cap |
|---|---|---|
| Restaurants and takeaway | 3× Chase Ultimate Rewards | none |
| Flights, hotels and transport | 3× Chase Ultimate Rewards | none |
| Groceries | 1× Chase Ultimate Rewards | none |
| Everything else | 1× Chase Ultimate Rewards | none |
3x on dining and on travel after the annual travel credit is used up.
Chase Ultimate Rewards points are worth about 1.50 cents each on our published table, our own. What Chase Ultimate Rewards points are worth →
100,000 Chase Ultimate Rewards — about $1,500 — after $6,000 of spending in 3 months. The example spending above does not clear that, so it is left out of the sum.
Subject to Chase 5/24, and once per lifetime across the Sapphire family.
Credits count for $600 in the sum above — what a typical holder actually redeems, not the sticker value of every credit on the page. $300 annual travel credit, which applies to almost any travel charge, plus $300 a year of Exclusive Tables dining credit in two halves.
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We may earn a commission if you apply through us, and it does not change the arithmetic above — a card that pays us nothing is scored identically. How we make money. Card terms as of 2026-09-18; check the issuer's page before applying.