Monthly checklist: Credit card perks and benefits you should be using in February
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 what benefits you have, when they expire and the maximum value of a particular benefit.
Here are some important reminders for the month of February.
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.
The Platinum Card® from American Express
- Up to $12.95 Walmart+ monthly membership: Pay with your card then receive reimbursement in statement credits. Here’s how to enroll. Plus Ups are excluded. If you don’t receive the credit automatically, it’s worth requesting any missing credits be applied. The easiest way to do this is via chat either online or through the Amex app.
- Up to $15 in Uber credits: This can be used for Uber rides or on Uber Eats orders in the U.S. Simply add your card to your Uber account as a payment method to receive this benefit. Here’s how to use this benefit.
- Up to $20 digital entertainment credit: This can be used for the Disney Bundle, Disney+, Hulu, ESPN+, Peacock, The New York Times, Audible and SiriusXM. Enrollment is required in advance. Here’s how to use this benefit.
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. This applies to Single Club Access, Regional Access, All-Access, Destination, Equinox+ app and E by Equinox membership fees. 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 up 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
Select Chase credit cards offer perks from month to month, so a new month means you have a fresh batch of credits to use.
Chase Sapphire Reserve
- $5 DoorDash credits: When you add your Sapphire Reserve card as a payment method in your DoorDash account, Chase will add $5 in credits at the beginning of each month (this runs through December 2024). You can roll over a maximum of three months of credits, so you could now have up to $15 to use if you didn’t use any credits over the past two months. Note that these credits are in addition to the free DashPass membership the card provides.
Official application link: Chase Sapphire Reserve
Chase Sapphire Preferred Card
- Annual $50 hotel credit: Cardholders can take advantage of a $50 hotel credit when booking through the Chase travel portal. Here’s how to use this benefit.
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 grocery stores, fitness clubs/gym memberships and Target. You must activate your categories to enjoy the higher earning rates. The current quarter ends on March 31, so you have until then to maximize these earnings.
Remember that, 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® Dividend Card (not open to new applicants)
- 5% cash back: Each quarter, you can earn 5% cash back on rotating categories. Unlike other cards that limit your bonus earnings within the quarter, Citi Dividend cardholders can earn 5% bonus cash back on up to $6,000 of spending across the year (then 1% back after passing the spending threshold), meaning you could maximize your 5% earnings for the whole year during a quarter where the bonus categories are more advantageous for you. Remember to activate your categories, which include Amazon and select streaming categories. This category is active through March 31.
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 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 grocery stores, drugstores and select streaming services through March 31.
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 Cash+® Visa Signature® Card
- 5% cash back: Each quarter, you can earn 5% cash back on up to $2,000 in combined spending on rotating categories, then an unlimited 1% back on other purchases. You must choose your categories each quarter, and you need to activate them for the bonus to apply. The current quarter ends on March 31, and categories include:
- Cellphone providers.
- Department stores.
- Electronics stores.
- Fast food.
- Furniture stores.
- Ground transportation.
- Gyms/fitness centers.
- Home utilities.
- Movie theaters.
- Select clothing stores.
- Sporting goods stores.
- TV, internet and streaming services.
- See rates and fees
Official application link: U.S. Bank Cash+ Visa Signature Card
World Elite Mastercards
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 calendar 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, 2023.
- $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
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 over the course of the year. Other benefits need to be used in monthly increments, and it can be easy to forget about them along the way.
Hopefully, this checklist of credit card perks will help you remember to use your benefits now that a new month has arrived.
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.