Every major bank has upped their game by adding new spending categories and benefits to let traditional travel rewards cards increase their earning on “stay-at-home” expenses. Most of these are temporary perks that are accessible from home. I would do a quick review to see where you could get some extra points and benefits during this time.
This guide lists all of the COVID inspired credit card enhancements, along with a few related pre-COVID perks so that you can get all of the info in one place. Many are related to grocery and dining purchases. In some places, you’ll see “RRV,” which shows the effective rebate that you’ll get with the bonus earnings. Our friends at Frequent Miler have allowed us to use these images and we base most of our award values on their Reasonable Redemption Values (RRVs). For example, Reasonable Redemption Value for Chase Ultimate Rewards points is 1.5 cents per point. Given that RRV, we calculate the Sapphire Reserve card’s 5X grocery earnings as: 5 points per dollar X 1.5 cents per point = 7.5%.
In many cases where bonus earnings are listed, free nights and other perks are listed for big credit card spend. The idea is that this may help you decide which card to use (at grocery stores, for example) if you’re working your way towards a free night or other perk.