BACK

Westend61 / GettyImages

Products

Coronavirus: Ultimate guide to limited-time credit card offers and promotions

From statement credits to temporary redemption options, these credit card issuers are finding new ways to support their customers

Summary

As the coronavirus has been affecting consumers’ spending habits, some credit cards issuers have launched limited-time offers to adjust to their needs. Here’s a list of all such promotions that are currently running.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

The COVID-19 outbreak has created a lot of turmoil for financial institutions, businesses and consumers alike. To respond to a shift in spending patterns and assist customers, many credit card issuers have taken various measures, including deferring payments and providing other types of relief.

Some issuers have also launched limited time promotions on their rewards cards to allow their customers to earn and use rewards according to their new spending habits.

To help you navigate all the available offers credit card issuers launch to help you through this crisis, we’ve compiled an ongoing list that can help you stay informed. By using these offers, you can ensure your rewards credit card provides the maximum value even in these challenging times.

Issuers offering limited time promotions amid coronavirus

American Express

When it comes to assisting cardmembers during the outbreak, American Express has been staying ahead of the curve. Besides supporting customers through the Financial Relief Program, Amex has come up with limited time benefits and promotions to help cardmembers make the most of their cards. That includes statement credits on the things they need the most, rewards on the purchases consumers are making right now and extra time to earn a welcome bonus.

Statement and travel credits

  • From Aug. 1, 2020, through Dec. 31, 2021, earn a $200 travel credit on The Platinum Card® from American Express when you make an eligible purchase through American Express Travel. The offer will be available to cardholders who renew their card between April 1, 2020, and Dec. 31, 2020.
  • Get up to $320 in statement credits when using the Platinum Card or The Business Platinum Card® from American Express on select streaming and wireless telephone services purchased directly from U.S. service providers, up to $20 per month on each. Offer ends Dec. 31, 2020.
  • Get up to $80 in statement credits when using the American Express® Green Card to pay for wireless telephone services purchased directly from U.S. service providers, up to $10 per month. Offer ends Dec. 31, 2020.
  • Get up to $300 in statement credits with the Marriott Bonvoy Brilliant™ American Express® Card for eligible purchases at U.S. restaurants, including takeout and delivery. Offer runs from June through August 2020.
  • Get up to $200 in additional statement credits with the American Express Business Platinum for U.S. purchases with Dell – $100 in additional statement credits from May 1 through June 30, 2020, and up to $100 in additional statement credits between July 1 and Dec. 31, 2020.
  • Get $5 in statement credits when you spend $10 or more at a small business (up to 10 times, for a grand total of $50). The offer must be activated by July 26, 2020, and is valid through Sept. 20, 2020.

Bonus rewards

  • Earn 4 miles per dollar at U.S. supermarkets with Delta SkyMiles personal credit cards from May through July 2020.
  • Earn 6 points per dollar with the Marriott Bonvoy Brilliant at U.S. supermarkets from May through July 2020.
  • Earn 12 points per dollar at U.S. supermarkets with the Hilton Honors American Express Surpass® Card and Hilton Honors American Express Aspire Card from May through July 2020.
  • With the Hilton Honors American Express Aspire Card, eligible purchases at U.S. restaurants, including takeout and delivery, will now qualify toward the $250 Hilton resort credit benefit. Offer runs from June through August 2020.

Intro bonus period extension

American Express is giving cardholders an additional three months to earn a welcome bonus. Accounts eligible for the extension include personal and business cards offering a welcome bonus approved between Dec. 1, 2019, and May 31, 2020.

Other promotions

American Express consumer and corporate cardholders can get a free year of Calm Premium ($69.99 value), plus half of the following year upon automatic renewal. The offer is available to cardmembers who don’t currently have an active Calm Premium subscription and ends on Sep. 30, 2020.

Additionally, all American Express cardmembers can redeem a 2-month free trial to obé fitness monthly membership, unlocking unlimited access to daily live and on-demand fitness classes. The offer is only available to new obé fitness subscribers and runs through Aug. 16, 2020.

Bank of America

Besides offering payment deferrals, Bank of America is also giving its customers more time to earn a sign-up bonus, as well as limited-time redemption options and statement credits.

Statement and travel credits

Bank of America® Premium Rewards® credit card* holders will receive a $50 statement credit to offset dining and grocery purchases through Dec. 31, 2020.

“Day-to-day life may be a little different right now, so we’re giving you a new way to make the most of your Premium Rewards® card,” said Bank of America in an email sent to cardholders. “You’re now eligible to receive up to $50 as a statement credit on any combination of these qualifying purchases: grocery store, dining and takeout.”

Limited time redemption options

Bank of America® Travel Rewards credit card* and Bank of America® Business Advantage Travel Rewards World Mastercard® credit card* holders can now redeem points toward grocery, dining and takeout through Dec. 31, 2020, including purchases in these categories made within the past 12 months.

Capital One

Unlike other issuers that focused on helping members keep earning rewards, Capital One decided to allow consumers to redeem their rewards in some of the most popular spending categories during the pandemic. Later, the issuer has also added a limited-time option to earn cash back on streaming services to two of its cards.

Bonus rewards

Limited time redemption options

Chase

Chase has taken multiple steps to ensure its offerings are adjusted to cardholders’ evolving needs. Besides launching a credit card relief program, the issuer is temporarily offering bonus rewards, a statement credit to help cardholders cover their annual fee and an intro bonus period extension.

Bonus rewards

  • Earn 6 points per dollar on grocery purchases with Marriott Bonvoy Bold™ Credit Card and Marriott Bonvoy Boundless™ Credit Card, up to $5,000 for the duration of the offer. Offer ends July 31, 2020.
  • Earn 5 total points per dollar on Instacart purchases with Chase Sapphire Reserve® up to $3,000 for the duration of the offer. Offer ends Sept. 30, 2020.
  • Earn 3 total points per dollar on Instacart purchases with Chase Sapphire Preferred® Card up to $3,000 for the duration of the offer. Offer ends Sept. 30, 2020.
  • Earn 5 total points per dollar on gas station purchases with your Chase Sapphire Reserve card on up to $1,500 in spend across the 3 months. Offer ends Sept. 30, 2020.
  • Earn 3 total points per dollar on gas station purchases with your Chase Sapphire Preferred card up to $1,500 across the 3 months. Offer ends Sept. 30, 2020.
  • Earn 10 total points per dollar on select streaming services with Chase Sapphire Reserve on up to $1,500 in spend across the 3-month promotional period. Offer ends Sept. 30, 2020.
  • Earn 5 total points per dollar on select streaming services with Chase Sapphire Preferred on up to $1,500 in spend for the duration of the offer. Offer ends Sept. 30, 2020.
  • Earn 10 total points with any Marriott Bonvoy card from Chase on up to $3,500 in combined purchases spent at gas stations and restaurants, including eligible delivery services. Offer valid July 15 through September 15, 2020.

Statement and travel credits

Sapphire Reserve cardholders whose cards have a renewal date between April 1 and July 1, 2020, will receive a $100 statement credit to help them cover the annual fee. (Note, cardholders with a renewal date between Aug. 1 and Dec. 31, 2020 will only be charged a $450 annual fee, instead of receiving the credit.)

On top of that, from June 1 through Dec. 31, 2020, gas and grocery store purchases on Chase Sapphire Reserve will automatically count toward the $300 travel credit. All Sapphire cardmembers will also receive up to $50 in statement credits towards an Instacart Express membership (annual or monthly).

Intro bonus period extension

Chase is giving its cardholders an additional three months to earn a sign-up bonus. Accounts opened between Jan. 1, 2020, and March 31, 2020, are eligible for the offer.

Limited time redemption options

Chase United cardholders can now redeem United miles towards the annual membership fee on Chase United cards.

Additionally, starting May 31, 2020, Sapphire cardmembers will be able to redeem points as a statement credit for groceries, dining (including takeout and delivery services) and home improvement store purchases using the new Pay Yourself Back tool. Through Sept. 30, 2020, the rewards rate for Sapphire Reserve cardholders in these categories will be at 1.5 cents per point and 1.25 cents per point for Sapphire Preferred users.

Citi

Citi cardholders who have been affected by the coronavirus pandemic can request assistance, such as waived payments and late fees. They can also count on having more time to earn their sign-up bonus, earn bonus rewards on online purchases and spend their travel credit on essentials and food.

Bonus rewards

  • Earn 5 ThankYou Points per dollar on all online purchases up to 7,500 points with your Citi Prestige Card. Examples of eligible purchases include retailer website orders, online grocery orders and online drugstore orders. Offer valid through Aug. 31, 2020.

Intro bonus period extension

Citi cardholders who applied for a new Citi credit card between Dec. 1, 2019, and May 31, 2020, will get an additional three months to meet the sign-up bonus spend requirements.

Statement and travel credits

Citi Prestige® cardholders can now use their annual $250 travel credit on supermarkets and restaurants through the end of 2020. Wholesales clubs and superstores are not included in this promotion, but it may cover grocery delivery services, as well as restaurant delivery services such as DoorDash and GrubHub.

Discover

As COVID-19 is changing what travel looks like now and in the future, Discover has announced a permanent change to its travel credit card that offers cardmembers more flexibility, value and ways to redeem rewards.

“The pandemic has transformed the way customers travel and we are making changes to our travel credit card to reflect that,” said Meera Sridharan, Vice President of Rewards and Product Strategy at Discover. “Discover it® Miles card has expanded redemption categories to be more relevant to customers who are rethinking ways to travel while continuing to provide a simple way to earn rewards on every purchase.”

New redemption options

Discover it Miles cardholders can now redeem their miles as a statement credit toward purchases at restaurants and gas stations. Customers can also redeem those miles for Cash or at checkout at Amazon.com or with PayPal to cover costs beyond traditional travel categories.

The expanded travel credit will be applied to all transactions posted on or after June 9, 2020.

U.S. Bank

U.S. Bank is helping its cardholders to make the most out of their premium cards in the pandemic by offering bonus rewards and new ways to earn travel credit.

Bonus rewards

U.S. Bank Altitude™ Reserve Visa Infinite® Card holders will earn 3 points on dining purchases, including takeout and delivery, through the end of the year.

Statement and travel credits

Dining, takeout, and food delivery purchases on Altitude Reserve will count towards the $325 annual travel credit through Dec. 31, 2020.

Final thoughts

The COVID-19 outbreak has taken a toll on many consumers’ financial health. If you’re unsure if your credit card is worth keeping during this time, your issuer may be able to help you. Even if you haven’t found any special offers for your card on this list, contact your bank and see if it can offer a more personalized solution.

*All information about the Capital One VentureOne Rewards Credit Card, Capital One Spark Miles for Business and Capital One Spark Miles Select for Business, Capital One Savor Cash Rewards Credit Card and Capital One SavorOne Cash Rewards Credit Card, as well as  Bank of America Travel Rewards credit card,  Bank of America Business Advantage Travel Rewards World Mastercard credit card and Bank of America Premium Rewards credit card has been collected independently by CreditCards.com. The issuer did not provide the content, nor is it responsible for its accuracy.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

What’s up next?

In Products

What are ‘prescreened’ credit card offers and how do they work?

Credit card issuers use prescreened offers to target their ideal applicants based on credit score, borrowing history and other personal information. Unless your credit profile has changed dramatically since you received an offer, you have great odds of approval.

See more stories
Credit Card Rate Report Updated: July 29th, 2020
Business
13.91%
Airline
15.48%
Cash Back
16.09%
Reward
15.82%
Student
16.12%

Questions or comments?

Contact us

Editorial corrections policies

Learn more

Join the Discussion

We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

The editorial content on CreditCards.com is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company’s business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.