Monthly checklist: Credit card perks and benefits you should be using — The Points Guy

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Editor’s note: This is a recurring post, regularly updated with new information.


Depending on how many credit cards you have, the list of benefits you should be using this month might feel overwhelming. Can you remember all of these perks without help? Maybe not.

Rather than trying to keep track of all of them on your own, we’ve compiled a monthly checklist of credit card perks and benefits you might be eligible for. This should take the guesswork out of your benefits, when they expire and their value.

Here are some important reminders for the month of April.

American Express

There are numerous monthly credit card perks that you should be using since Amex offers many of its statement credits as monthly amounts — rather than a one-time annual benefit. It’s important to note that these values are “up to” amounts, meaning this is the maximum you will receive in statement credits. If you spend less than this amount, you will be reimbursed only for that lower amount.

Additionally, the Uber credits will disappear from your account if unused by the end of the month.

All of that is to say these are not benefits you can roll over for later. They are “use it or lose it” credits.

ZACH GRIFF/THE POINTS GUY

The Platinum Card® from American Express

While not a monthly benefit, cardholders also receive two spending credits with Saks Fifth Avenue on the Amex Platinum each year. From Jan. 1 through June 31 each year, you’ll receive up to $50 in statement credits (you’ll also have a separate $50 credit from July 1 to Dec. 31 in the second half of the year). You have from now to the end of June to use the first installment of this credit. Enrollment is required in advance.

Also, remember that your Equinox benefits became easier to use this year. Rather than monthly amounts, you can use up to $300 in Equinox statement credits annually. These credits apply to paying for Equinox+ or any Equinox club membership. Here’s how to use this benefit.

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Using these benefits and statement credits can help to offset the card’s $695 annual fee (see rates and fees).

Related: 10 things to do when you get the Amex Platinum


Official application link: The Platinum Card from American Express


The Business Platinum Card® from American Express

  • Up to $10 wireless credits: Pay for an eligible mobile service and receive a statement credit of up to $10. Enrollment is required in advance.

The Business Platinum Card doesn’t award credits at Saks or with Uber, but cardholders do receive up to $400 in statement credits every year for Dell purchases. This is split into $200 in credits from January-June and another $200 from July-December. You can use your credits for the first half of the year now. Enrollment is required in advance.

Related: 9 things to do when you get the Amex Business Platinum Card


Official application link: The Business Platinum Card from American Express


American Express® Gold Card

  • Up to $10 Uber credits: Like the perk on the Platinum Card, this applies to Uber rides and Uber Eats orders in the U.S. Add your card to your Uber account as a payment method to receive this benefit — and note that it can stack with the monthly credit on the Amex Platinum if you have both cards. Here’s how to use this benefit.
  • Up to $10 dining credits: Use your card to pay at Grubhub, The Cheesecake Factory, participating Shake Shack locations, Wine.com, Goldbelly and Milk Bar to receive up to $10 in statement credits monthly. Enrollment is required in advance. Here’s how to use this benefit.

Related: Amex Gold checklist: 4 things to do when you first get the card


Official application link: American Express Gold Card


Marriott Bonvoy Brilliant® American Express® Card


Official application link: Marriott Bonvoy Brilliant American Express Card


Chase

Select Chase credit cards offer perks from month to month, so a new month means you have a fresh batch of credits to use.

MICHAEL BROCHSTEIN/SOPA IMAGES/LIGHTROCKET/GETTY IMAGES

Chase Sapphire Reserve


Official application link: Chase Sapphire Reserve


Chase Sapphire Preferred Card


Official application link: Chase Sapphire Preferred


Chase Freedom (not open to new applicants) and Chase Freedom Flex

  • 5% cash back: Each quarter, you can earn 5% cash back on up to $1,500 in combined spending on rotating categories. Current categories include Amazon and Lowe’s. You must activate your categories to enjoy the higher earning rates. The current quarter ends on June 30, so you have until then to maximize these earnings.

Remember: Even though the Freedom cards are technically cash-back products, you can turn these earnings into fully-transferable Ultimate Rewards points if you also have a premium Chase card like the Sapphire Preferred or Sapphire Reserve.

The information for the Chase Freedom 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.


Official application link: Chase Freedom Flex


Numerous Chase cards

Related: Get $10 per eligible Chase card in monthly food and alcohol delivery credits

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

Citi

CHRISTOPHER DILTS/BLOOMBERG/GETTY IMAGES

Citi® Dividend Card (not open to new applicants)

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

Discover

Discover it® Cash Back

  • 5% cash back: Each quarter, you can earn 5% cash back on up to $1,500 in combined spending on rotating categories, then unlimited 1% cash back. Remember to activate your categories, which include restaurants and wholesale clubs, through June 30.

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

U.S. Bank

GEORGE FREY/BLOOMBERG VIA GETTY IMAGES

U.S. Bank Cash+® Visa Signature® Card


Official application link: U.S. Bank Cash+ Visa Signature Card


World Elite Mastercards

JUSTIN SULLIVAN/GETTY IMAGES

World Elite Mastercards

Numerous banks issue World Elite Mastercards. Common products under this umbrella include the Citi Premier® Card, IHG Rewards Premier Credit Card and Chase Freedom Flex. Here’s what cardholders can use each month on these cards:

  • $5 in monthly Lyft credit after three rides: Use your card as the payment method in your account and get a $5 Lyft credit after taking three rides in a month. This benefit runs through March 31, 2024.
  • $5 off your first order with DoorDash each month: Cardholders who activate DashPass (including free trials and promotions for free membership) will get $5 off their first order from DoorDash each month and 5% back on pickup orders. This offer runs through Sep. 30.
  • $5 credit after spending $20 with Fandango or Vudu: For each $20 spent with these merchants, you’ll receive a $5 credit that can be used for movie tickets or online movie rentals or purchases. This offer runs through Sep. 30.

Related: The 8 most valuable World Elite Mastercard benefits

Bottom line

Using the perks and benefits on your credit cards is critical for maximizing their value and justifying the cards’ annual fees. Some credit cards make this easy, offering your benefits as a one-time perk to use each year. Other benefits must be used in monthly increments, and it can be easy to forget about them.

This monthly checklist of credit card perks will help you remember to use them now that it’s the start of a new month.

Additional reporting by Benji Stawski.

For rates and fees of the Amex Platinum card, click here.
For rates and fees of the U.S. Bank Cash+ card, click here.

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