June 14th, 2013
-Chase Freedom Mastercard-Earn $100 cash back (in the form of 10,000 Ultimate Rewards points) when you spend $500 in 3 months.
-Chase Freedom Visa-Earn $100 cash back (in the form of 10,000 Ultimate Rewards points) when you spend $500 in 3 months.
There is no annual fee for Chase Freedom!
Today is the last day to activate your Q2 Chase Freedom 5% categories.
Although they are called “5% categories” you really get 5 Ultimate Rewards points per dollar spent which can be cashed out for 5% cash.
For $1,500 in spending you will earn at least 7,500 Ultimate Rewards points.
If you have a Chase checking account and are enrolled in the old Exclusives program you will earn 5.1 points per dollar plus 10 points per transaction
If you have a Chase checking account and are in the new Exclusives program you will earn 5.5 points per dollar in the bonus categories but the extra .5 bonus won’t post until next January or February,
If you or your spouse has a Sapphire Preferred, Ink Bold, or Ink Plus card you can transfer Freedom points over to one of those cards and then transfer them at a 1:1 ratio into much more valuable airline miles (United, British Airways, Southwest, Korean, etc) or hotel points (Hyatt, etc)
The 5 point categories for 2013 are as follows:
Q1, January – March: Gas stations, Drugstores & Starbucks
Q2, April – June: Restaurants, Movie theaters, and Lowe’s.
Q3, July – September: Gas stations, Theme parks & Kohl’s
Q4, October – December: Select department stores & Amazon.com
Your favorite restaurants will probably also be happy to sell you a gift card so that you can lock in 5 points per dollar now.
Here is a list of gift cards sold by Lowe’s. The selection (especially of the gas gift cards offered) may vary at your local store.
Of course if you have an Ink Bold, Ink Plus, or Ink Cash card you will earn 5 Ultimate Rewards points per dollar spent all year round on telecom, cable, internet, as well as everything from office supply stores, which includes gift cards to other stores and prepaid cash cards that can be used anywhere. With the Bold/Plus cards that’s capped at $50,000 per year and with the Cash card that’s capped at $25,000 per year. The cards also earn 2 points per dollar year-round at gas stations and either hotels (Bold/Plus) or dining (Cash)