February roundup: The latest credit card benefit changes you need to know about

Feb 3, 2021

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Update: Some offers mentioned below are no longer available. 

Editor’s note: This is a recurring post that is updated regularly as issuers announce benefits. 

There were changes aplenty in 2020 within the credit card landscape, accelerated by the ongoing pandemic. And it doesn’t seem to be slowing down much in 2021. Credit card issuers are adjusting to a new normal where people are traveling less, at least for the first part of this year. 

If it seems like there is a new card update or bonus category every week, you’re not too far off. That’s why each month, we’ll be compiling a list of some of the major card benefit updates that were recently announced to keep you in the know. 

Whether you missed the news or want to maximize a bonus that’s set to expire, let’s dive right into what benefit updates we’re paying attention to for February 2021, issuer by issuer, for some of the best credit cards on the market today.

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In This Post

American Express

In recent weeks, Amex has unveiled an array of updated card benefits for both Membership Rewards-earning cards and cobranded credit cards. These limited-time promotions were all announced as part of changes to keep cardholders engaged during the pandemic. Eligibility for this offer is limited. Enrollment is required in the Amex Offers section of your account before redeeming. 

Top card benefit updates

Here is a card-by-card look at each of the Amex changes. 

(Photo by Isabelle Raphael / The Points Guy)
(Photo by Isabelle Raphael/The Points Guy)

Card impacted: The Platinum Card® from American Express

  • Up-to-$30 monthly PayPal credit through June 30, 2021 (total of up to $180 in PayPal statement credit)
  • Up to $1,700 in value with new Amex Offers
  • Get a complimentary Uber Eats Pass membership for up to 12 months (required to enroll by Dec. 31, 2021). Uber Eats Pass will auto-bill starting 12 months from initial enrollment in this offer, at then-current monthly rate.
  • Select personal Amex Platinum cardmembers have also been targeted for another credit — up to $200 towards the Amex Travel portal — for those who renew their card between April 2020 and March 2021. Check your email if you received any of these targeted offers.
  • $550 annual fee (see rates and fees)

Card impacted: The Business Platinum Card® from American Express

  • Current cardmembers earn 5x Membership Rewards points (a bonus of 4x points) on eligible U.S. purchases made across shipping, wireless, advertising, gas and office supplies categories
    • Valid through June 30, 2021, and you can earn up to a total of 80,000 bonus points per category
    • You must activate these elevated bonuses through Amex Offers.
  • $595 annual fee (see rates and fees)
Delivery Cyclist with Green Uber Eats Backpack
(Photo by Wiewimage/Shutterstock)

Card impacted: American Express® Gold Card

Card impacted: American Express® Green Card

The information for the Amex Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

(Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

Cards impacted: Select Delta Amex cards

Whether you’re dining in or taking out, select cobranded Amex cardholders can earn up to $220 in card statement credits at U.S. restaurants, depending on the type of card you have. To qualify, you must have been a cardholder as of Jan. 1, 2021, and enrollment is required through Amex Offers.

Delta SkyMiles® Gold American Express Card: up to $10 back per month at U.S. restaurants (up to 11 times)

Delta SkyMiles® Platinum American Express Card: up to $15 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $165
  • Card annual fee: $250 (see rates and fees)

Delta SkyMiles® Reserve American Express Card: up to $20 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $220
  • Card annual fee: $550 (see rates and fees)
(Photo by The Points Guy)

For small-business cardholders, you can earn up to $220 in statement credits on U.S. wireless telephone services.

According to Amex, in order for something to qualify under this category, “the purchase must be for monthly wireless telephone service charges and made directly from a wireless telephone service provider in the United States.” You must activate these credits through Amex Offers.

Delta SkyMiles® Gold Business American Express Card: up to $10 back per month on U.S. wireless services (up to 11 times)

Delta SkyMiles® Platinum Business American Express Card: up to $15 back per month on U.S. wireless services (up to 11 times)

  • Total statement credits: Up to $165
  • Card annual fee: $250 (see rates and fees)

Delta SkyMiles® Reserve Business American Express Card: up to $20 back per month on U.S. wireless services (up to 11 times)

  • Total statement credits: Up to $220
  • Card annual fee: $550 (see rates and fees)

Bonus points on Delta purchases: Eligible Delta Gold, Platinum and Reserve Amex cardholders can earn 5x miles (that’s up to 3 additional miles on top of the miles they already earn) on eligible Delta purchases through Dec. 31, 2021.

Status Boost offer: Additionally, as previously reported, in 2021, you’ll be able to receive 25% more Medallion Qualification Miles with an elevated Status Boost perk. This will help cardholders reach Medallion status faster — and is open to both current and new card applicants.

(Photo by John Gribben for The Points Guy)

Card impacted: Select Hilton Amex cards

Hilton Honors American Express Card: up to $5 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $55
  • Card annual fee: $0 (see rates and fees)

Hilton Honors American Express Surpass® Card: up to $10 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $110
  • Card annual fee: $95 (see rates and fees)

Hilton Honors American Express Aspire Card: up to $20 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $220
  • Card annual fee: $450 (see rates and fees)

The Hilton Honors American Express Business Card: up to $10 back per month on U.S. wireless services (up to 11 times)

  • Total statement credits: Up to $110
  • Card annual fee: $95 (see rates and fees)

The information for the Hilton Aspire card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Card spend offer, up to 100,000 Honors bonus points: You can earn 10,000 additional Hilton Honors bonus points — worth $60 according to TPG valuations — after spending $5,000 on purchases (up to 10 times) through June 30, 2021.

Bonus points earned through eligible purchases through Dec. 31, 2021, will be considered base points that count toward elite tier qualification and lifetime Diamond status.

All newly issued free weekend night reward certificates will be valid through Dec. 31, 2022 (and will be valid any night of the week).

Card impacted: Select Marriott Amex cards

(Photo by Eden Batki/The Points Guy)

Marriott Bonvoy American Express Card: $10 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $110
  • No longer open to new cardholders

Marriott Bonvoy Brilliant™ American Express® Card: up to $20 back per month at U.S. restaurants (up to 11 times)

  • Total statement credits: Up to $220
  • Card annual fee: $450 (see rates and fees)

Marriott Bonvoy Business™ American Express® Card: up to $15 back per month on U.S. wireless services (up to 11 times)

  • Total statement credits: Up to $165
  • Card annual fee: $125 (see rates and fees)

Card spend offer, up to 75,000 Bonvoy bonus points: You can earn 7,500 additional Marriott Bonvoy points — worth $60 according to TPG valuations — after spending $7,500 on purchases (up to 10 times) through Dec. 31, 2021. Note that eligibility for this offer includes the Marriott Bonvoy BrilliantMarriott Bonvoy Business, and select Marriott Bonvoy cardmembers.

‘Appreciation credit’ across many Amex cards

In addition to these updates, Amex also announcedappreciation credits” on select cards as a renewal offer. Essentially, this means that if you are targeted and have an upcoming annual fee on your account, you’ll receive a statement credit to help offset the cost. This can be combined with any of the offers that you see above.

Top card bonuses and benefits that are ending

Keep in mind that Amex’s monthly and biannual card benefits (such as the up to $120 annual dining credit with the American Express Gold Card, the Uber credit and Saks credit with the Amex Platinum) expire at the end of each month and do not roll over. This month is no different.

Chase

Chase made significant updates last fall for the Chase Sapphire Preferred Card, Chase Sapphire Reserve and many other cobranded travel cards. Here are the benefits still available in 2021 as well as new offerings. Let’s dig in.

Top card benefit updates

Cards impacted: Chase Sapphire Preferred and Chase Sapphire Reserve

(Photo by John Gribben for The Points Guy)
(Photo by John Gribben for The Points Guy)

New grocery category bonus: Chase Sapphire Reserve cardholders will earn 3x points on up to $1,000 in monthly grocery store purchases, while Chase Sapphire Preferred Card members will earn 2x on up to $1,000 in monthly grocery store purchases. This new bonus category started on Nov. 1, 2020, and goes through April 30, 2021.

New Peloton credit: From now through Dec. 31, 2021, Sapphire cardholders will get statement credits that can be used to cover monthly Peloton Digital ($13) and All-Access ($39) memberships.

Travel credit: You can use the Sapphire Reserve’s $300 annual travel credit on purchases at grocery stores and gas stations through June 30, 2021. 

(Photo by AsiaVision/Getty Images)

Pay Yourself Back: Additionally, cardholders can maximize cash back with Chase’s Pay Yourself Back.

This new feature allows you to redeem each point worth 1.5 cents (on the Sapphire Reserve) or 1.25 cents (on the Sapphire Preferred) towards a statement credit used to also offset purchases at grocery stores, home improvement stores and dining establishments. This has been extended through April 30, 2021. You can now also redeem points at an improved rate for contributions to a dozen eligible charities.

Renewal annual fee: Finally, Chase Sapphire Reserve renewals continue to be processed at $450. This applies to existing cardholders only — new applicants are still subject to the higher $550 annual fee.

Cards impacted: World of Hyatt Credit Card

For the month of February, Hyatt cardholders can earn up to 5,000 bonus points simply by using their card for a certain number of transactions of at least $1 from Feb. 1, 2021, through Feb 28, 2021. Registration is required. Here’s how this promotion breaks down.

Number of transactions over $1  How many bonus points earned? 
10 transactions 1,000 bonus points
25 transactions 2,500 bonus points
50 transactions 5,000 bonus points

Cards impacted: Select Chase cobranded airline and hotel cards (targeted)

5x points on groceries, gas and drugstores (targeted)

Many Chase cobranded travel cards have been targeted to offer some bonus earnings in the highly competitive grocery category. Select cobranded Chase cards get the bonus on gas and drugstore purchases, too

Related: Here are all the ways you can earn bonus points with Chase cards right now

Spending bonuses (targeted)

General spending 15,000 bonus Avios Aer Lingus Visa Signature Card

British Airways Visa Signature Card

Iberia Visa Signature Card

Link to register (targeted)

Earn an additional 15,000 bonus Avios when you spend $5,000 in purchases between Jan. 1 and March 31, 2021.

General spending 5,000 bonus World of Hyatt points World of Hyatt Credit Card Link to register (targeted)

Earn an additional 5,000 bonus World of Hyatt points when you spend $5,000 in purchases between Jan. 1 and March 31, 2021.

Citi

Like Chase and Amex, Citi also announced updates on some of its top travel cards. Here’s what you may have missed.

Top card benefit updates

Card impacted: Citi Prestige® Card

Citi announced Citi Prestige changes that temporarily expanded the criteria for its $250 travel credit. In 2021, you’ll continue to be able to use it on supermarkets and restaurants.

The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

The American Airlines Admirals Club at Dallas/Fort Worth International Airport. (Photo by Chris Dong/The Points Guy)
The American Airlines Admirals Club at Dallas/Fort Worth International Airport. (Photo by Chris Dong/The Points Guy)

Cards impacted: Most Citi AAdvantage cards

Last May, Citi announced that if you have the Citi® / AAdvantage® Executive World Elite Mastercard® (and opened the card before March 31, 2020), you’d be offered a one-time $225 statement credit upon account renewal. The credit was given to make up for the fact that cardholders who weren’t traveling couldn’t benefit from the Admirals Club airport lounge access that comes with the card. That’s a 50% reduction on the annual fee — although reports indicate that it may take a couple of statement cycles after the fee hits for the credit to post.

Also, if you have either the Citi® / AAdvantage® Platinum Select World Elite Mastercard® or CitiBusiness® / AAdvantage® Platinum Select® Mastercard®, you’ll get an extension on the American Airlines companion certificate (if you reached the spending thresholds to earn it).

The information for the Citi AAdvantage Platinum Select card and CitiBusiness Platinum has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Related: How spending on your American Airlines credit card can help you earn Million Miler status

Capital One

(Photo by Prasit photo/Getty Images)
Use Capital One miles to offset the cost of food delivery. (Photo by Prasit photo/Getty Images)

Cards impacted: Capital One Venture Rewards Credit Card, Capital One VentureOne Rewards Credit Card, Capital One Spark Miles for Business and Capital One Spark Miles Select for Business

Capital One announced an extension of a program where cardholders can redeem Capital One miles for food delivery and streaming services through April 30, 2021.

Cards impacted: Capital One Savor Cash Rewards Credit Card and Capital One SavorOne Cash Rewards Credit Card

Through April 30, 2021, Capital One Savor, already one of the best cash-back credit cards on the market today, now earns 4% cash back on some of the most popular streaming services, including Netflix, Hulu and Disney+. The Capital One SavorOne will now earn 3% cash back on the same streaming services. This is in addition to the existing category bonuses on the card.

The information for the Capital One Spark Miles Select and the Capital One Savor card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Bottom line

Credit card issuers came out with many changes in the past several months, with many limited-time (and longer-term) benefits set to expire at later this year. As these individual card program updates and benefits change in the ensuing weeks, we’ll keep tabs on it to make sure you get the most of the rewards credit cards in your wallet.

However, while this is a list of the major card updates recently announced — and benefits set to expire — this does not encompass all of our coronavirus-related card coverage. To stay up-to-date on the absolute latest card news, subscribe to our daily TPG newsletter.

For rates and fees of the Amex Platinum, please click here.
For rates and fees of the Amex Business Platinum, please click here.
For rates and fees of the Amex Gold, please click here.
For rates and fees of the Amex Green, please click here.
For rates and fees of the Hilton Aspire card, please click here.
For rates and fees of the Hilton Surpass card, please click here.
For rates and fees of the Hilton Amex card, please click here.
For rates and fees of the Hilton Business Amex card, please click here.
For rates and fees of the Marriott Bonvoy Brilliant card, click here.
For rates and fees of the Marriott Bonvoy Business card, click here.

For rates and fees of the Delta SkyMiles Platinum card, please click here.
For rates and fees of the Delta SkyMiles Platinum Business card, please click here.
For rates and fees of the Delta SkyMiles Gold card, please click here.
For rates and fees of the Delta SkyMiles Gold Business card, please click here.
For rates and fees of the Delta SkyMiles Reserve card, please click here.
For rates and fees of the Delta SkyMiles Reserve Business card, please click here.

Click here for Uber Eats Pass terms and conditions.

Featured photo by The Points Guy. 

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases.
  • 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.