Originally Posted by
sethMCOflyer
I’d think you should be fine buying gift cards at a ‘normal’ rate but if you start spending $30k at the grocery store each month they might get suspicious.
Yes, you’d still earn points on the purchase and then be able to use those points as a statement credit. Essentially a 7.5% discount.
Chase would probably like you if you did that since the other $27,000 would only get you 1x on the purchase side of things this month. You're paying 1.2% as a fee.