Create Your Quinfecta: Signup For Chase Freedom Flex Or Freedom Unlimited And Get 20K Points; Earn Up To 80,000 Points With Grocery Spending!

35
DDMS IconNever Miss Another Deal - Follow DansDeals on Facebook

Signup For Chase Freedom Flex Or Freedom Unlimited And Get 20K Points, Plus Earn 5 Points On Groceries For A Year!

These no annual fee cards are critical parts of the Chase Quinfecta strategy to supercharge your Chase earnings!

If you already applied for a Chase card today, then you typically won’t get another credit pull for applying for another Chase card.


Signup bonus:

You can now earn 20K Chase Ultimate Rewards points for opening a Chase Freedom Flex or Freedom Unlimited and spending $500 in 3 months. Those points are worth a minimum of $200 cash back, but they can be worth much more as shown below.

Plus, you’ll earn 5 points per dollar on up to $12,000 of grocery spending in your first year, so you can earn another 60,000 points on your grocery spending!

These are marketed as a $200 signup bonus and 5% back, but you’ll actually get 20,000 Ultimate Rewards points for signing up and 5 Ultimate Rewards points per dollar which can be worth much more than 5% back.


Annual fee: 

None


Signup bonus terms: 

  • Freedom Unlimited: You won’t get the signup bonus on this card if you have received a signup bonus on a Freedom Unlimited card within the past 24 months or currently have a Freedom Unlimited card.
  • If you currently have a Freedom Unlimited card and didn’t get a signup bonus on a Freedom Unlimited card in the past 24 months, you can call Chase to convert your current card to a Freedom Visa or Freedom Flex card, wait 3-4 days, and then apply for a Freedom Unlimited card.
  • Freedom Flex: You won’t get the signup bonus on this card if you have received a signup bonus on a Freedom Flex card within the past 24 months or currently have a Freedom Flex card.
  • If you currently have a Freedom Flex card and didn’t get a signup bonus on a Freedom Flex card in the past 24 months, you can call Chase to convert your current card to a Freedom Visa or Freedom Unlimited card, wait 3-4 days, and then apply for a Freedom Flex card.
  • You will get the bonus for these cards even if you are an authorized user on another person’s card or if you received a Sapphire bonus recently.
  • If you are approved, that means you will get the bonus for this card as long as you spend $500 in 3 months.

5/24:

All Chase cards appear to be subject to 5/24 restrictions, meaning that you are not likely to be approved if you have been approved for 5 or more consumer credit cards in the past 24 months. Note that the Chase system automatically counts cards like authorized user cards and store cards as cards that count towards 5/24, but if you explain to Chase that those cards are merely authorized user cards or store cards they can manually approve you for a new card.

You can check your credit report for free at the federally authorized annualcreditreport.com to check how many accounts are shows as being open in the past 24 months.


Card earnings: 

Freedom Flex:

  • Limited time offer: 5 Ultimate Rewards points per dollar on up to $12K of groceries during your first cardmembership year. Target and Walmart will not count as grocery purchases. Many readers have reported that Bingo Wholesale stores now also count as grocery spending! Note that this category only applies with this new card offer, it does not apply to existing or converting cardholders.
  • Earn 5 points per dollar on up to $1,500 of spending in quarterly rotating categories such as gas stations, restaurants, home improvement stores, wholesale clubs, internet, streaming, Amazon, Walmart, PayPal, grocery stores, and more.
  • For Q4 from 7/1-9/30 the 5x categories are Walmart and PayPal.
  • 3 Ultimate Rewards points per dollar on drugstore purchases.
  • 3 Ultimate Rewards points per dollar on dining purchases. This category applies to existing cardholders.
  • 5 points per dollar on all travel purchased through the Chase Ultimate Rewards portal. This category applies to existing cardholders.
  • 5 Ultimate Rewards points per dollar on Lyft spending through 3/31/22. This category applies to existing cardholders.
  • 1 Ultimate Rewards points per dollar elsewhere.

The Chase Freedom Flex Mastercard is marketed as earning 1%-5% cash back, but it actually earns 1-5 Ultimate Rewards points per dollar everywhere. As each point can be worth 1.5-2 cents (or more) each, that’s like earning up to 7.5-10% back!

Freedom Unlimited:

  • Limited time offer: 5 Ultimate Rewards points per dollar on up to $12K of groceries during your first cardmembership year. Target and Walmart will not count as grocery purchases. Note that this category only applies with this new card offer, it does not apply to existing or converting cardholders.
  • Earn 1.5 points per dollar everywhere.
  • 3 Ultimate Rewards points per dollar on drugstore purchases.
  • 3 Ultimate Rewards points per dollar on dining purchases. This category applies to existing cardholders.
  • 5 points per dollar on all travel purchased through the Chase Ultimate Rewards portal. This category applies to existing cardholders.
  • 5 Ultimate Rewards points per dollar on Lyft spending through 3/31/22. This category applies to existing cardholders.

The Chase Freedom Unlimited Card is an amazing all-around no annual fee credit card. It’s marketed as earning 1.5%-5% cash back, but it actually earns 1.5-5 Ultimate Rewards points per dollar everywhere. As each point can be worth 1.5-2 cents (or more) each, that’s like earning 2.25%-10% back everywhere.

Typically, you’ll be better off putting dining purchases on this card over Sapphire Reserve. That’s because if a dining purchase isn’t coded properly you would at least earn 1.5 points per dollar on this card versus just 1 point per dollar on Sapphire Reserve!

However Sapphire Preferred now also earns 3.1 points per dollar on dining after the anniversary point bonus, which gives that card the dining advantage.


Which card should you get?

Which card option is best? It’s certainly valuable to have a Freedom Unlimited card for everyday purchases. On the other hand if you max out $6K/year in quarterly spending you’ll earn 30K points on Freedom Flex, while you would have to spend $20K/year on Freedom Unlimited to earn that many points.

In short, if you just want to focus on quarterly bonus categories, you’ll want Freedom Flex. If you want bonus earning everywhere you’ll want Freedom Unlimited.

Then again, you can get the signup bonus on both of these cards!

Personally, between my wife and me, we have 1 Freedom Unlimited, and 6 Freedom/Freedom Flex cards. There’s no benefit to having multiple Freedom Unlimited cards, but with multiple Freedom/Freedom Flex cards you can earn the $1,500 quarterly bonus on each card.


0% APR:

You will pay 0% APR on purchases made during the first 15 months of cardmembership!


Card benefits:

  • Trip Cancellation/Trip Interruption Insurance
  • Purchase protection for items damaged or stolen within 120 days
  • Extended warranty protection
  • 3 months of Doordash Dashpass

Increased points value:

If you or someone in your household has a Sapphire Preferred card or Ink Preferred card you can redeem Chase Ultimate Rewards points earned from any card at a value of 1.25 cents towards paid travel.

If you or someone in your household has a Sapphire Reserve card you can redeem Chase Ultimate Rewards points earned from any card at a value of 1.5 cents towards paid travel.


Airline and hotel transferability:

If you or someone in your household has a Sapphire Preferred, Sapphire Reserve, or Ink Preferred card you can transfer Chase Ultimate Rewards points into valuable airline and hotel mileage currencies.


Card convertibility:

You can call Chase to convert this card or any of the following cards into another card from the list below:

Note that some reps will only allow card conversions after you have had the card for 12 months.


Killer Combos:

Stacking multiple Ultimate Rewards cards together can supercharge your earnings by getting you more points per dollar while increasing the value of all your points.

Read more about this strategy in depth in this post.

Chase Bifecta would consist of a household that has the Sapphire Preferred or Sapphire Reserve and the Freedom Unlimited. The total effective annual fees would be either $95 with Sapphire Preferred or $250 with Sapphire Reserve after accounting for that card’s $300 annual travel credit. With the Sapphire Preferred+Freedom Unlimited you would earn 1.5 points per dollar everywhere, 2.1 points per dollar on all travel, 3 points per dollar on drugstores, 3.1 points per dollar on dining, streaming, and online grocery shopping, and 5.1 points per dollar on travel booked via Chase. You’ll be able to transfer all of your points into airline miles or hotel points or use the pay yourself back feature. Read more about Freedom Unlimited here.

Chase Trifecta adds a no annual fee card like Ink Cash or Chase Freedom Flex into the mix, so your total effective annual fee will still be $95 or $250. Both of those cards give options to earn a whopping 5 points per dollar in various categories on top of the 2-3 points per dollar that the Sapphire cards offer and the 1.5-5 points per dollar everywhere else with a Freedom Unlimited card. Read more about Freedom Flex here and read more about Ink Cash here.

Chase Quadfecta would add both the Ink Cash and Chase Freedom Flex on top of a Sapphire card and an Unlimited card, so your total effective annual fee will still be just $95 or $250. The Quadfecta is the sweet spot and allows you to really supercharge your spending everywhere.

Chase Quinfecta could also add the Ink Preferred to that mix, adding $95 to the annual fee total. This make sense if you spend money on shipping, social media advertising, or search engine advertising, or if you want free cell phone insurance.

Alternatively, you can create a Chase Quinfecta by adding the Chase United Explorer card, Chase United Gateway Card, or Chase United Business Card into the mix. Those cards don’t earn Ultimate Rewards points, but it makes your Ultimate Rewards points more valuable. Having a United card enables you to have access to significantly expanded United saver and standard award space in addition to benefits like 2 free club passes, a free checked bag, a free carry-on bag, and priority boarding, even when you’re on a basic economy fare. See more about those benefits here.

Again, all of these cards don’t need to be in one person’s name. 2 people from the same household can split up the requisite cards that make up the Quinfecta, as they can transfer the Ultimate Rewards points back and forth between themselves freely and they can add each other as an authorized user on their cards!


Airline transfer partners:

Combined with a Sapphire card, you can transfer points at a 1:1 ratio to:

  • United (Star Alliance)
  • Singapore (Star Alliance)
  • Air France/KLM Flying Blue (Skyteam)
  • British Airways (OneWorld)
  • Aer Lingus (OneWorld)
  • Iberia (OneWorld)
  • Emirates
  • JetBlue
  • Southwest
  • Virgin Atlantic

Hotel transfer partners:

Combined with a Sapphire card, you can transfer points at a 1:1 ratio to:

  • Hyatt
  • IHG
  • Marriott

The great thing about Chase Ultimate Rewards is how versatile and valuable they are:

Find 22 awesome ways to redeem Chase points here!

The Sapphire Preferred card allows you and anyone in your household to transfer Chase points into miles. They also allow you to use points at a value of 1.25 cents each towards travel.

The Sapphire Reserve also allows you and anyone in your household to transfer Chase points into miles. Plus it allows you to use points at a value of 1.5 cents each towards travel.

The fixed value is excellent and doesn’t require hunting down award space, but those points can be much more valuable by transferring them into airline miles or hotel points.

  • If I want to stay in a 5 star Park Hyatt in the Maldives, Melbourne, NYC, ParisSydney, or Tokyo that would cost over $1,000/night, I can instantly transfer 25-30K points to Hyatt to do that, a value of up to 6 cents per point.
  • If I need a one-way flight from Cleveland (or Chicago, Detroit, Miami, Montreal, Orlando, Pittsburgh, Toronto, etc) to NYC that can cost $500 each way, I can instantly transfer 7.5K points to British Airways to book a short-haul on American with no last minute booking fees. Or if American doesn’t have availability I can instantly transfer 10K points to United for their short-haul award. That’s a value of up to 7 cents per point.
  • If I want to stay in a non-chain hotel that costs $300/night and don’t want to pay cash, I can redeem 20K points for the room thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 24K points with the Sapphire Preferred card’s minimum redemption value of 1.25 cents per point
  • If I want to fly in a $25,000 ANA First Class Suite round-trip from the US to Tokyo, I can instantly transfer 110K or 120K points to Virgin Atlantic. That’s a value of up to 23 cents per point.
  • If I want to book a $2,281 business class ticket on Air Canada to Tel Aviv I can redeem 152K points for the flight thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 182K points with the Sapphire Preferred card’s minimum redemption value of 1.25 cents per point, plus I’ll earn Qantas miles for more future travel as it’s considered a paid flight instead of an award flight.
  • And thousands of other possibilities from Singapore couples suites to booking Southwest awards with 2 free bags and free cancellations, to stealing 2nd base in middle of an MLB game.


Will you signup for this offer? 

Leave a Reply

35 Comments On "Create Your Quinfecta: Signup For Chase Freedom Flex Or Freedom Unlimited And Get 20K Points; Earn Up To 80,000 Points With Grocery Spending!"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Eitan

Thank you so much for all the useful information you provide. It’s also a pleasure to read! After getting approved for the Sapphire Preferred, I though it might be a good idea to sign up for a Freedom card. Would I still be eligible for the bonus if I request an authorized user card for someone who already has a Freedom Unlimited?

J

Is the 5% on groceries for first year still available? I don’t see it using referral links and thought it was only available if you went into a branch

Joe stoe

I just applied yesterday for this card with your link. I can’t remember if there was any mention of the 5% on groceries for the first year – did that just start today? If so is there anything I can do?

Choptz

Would GC at grocery count for effective 9% in Q3 or is that excluded as cash like?

yb

what is gc

Glushtygiz

How do u have 6 cards of them

ray

can I add a card to the quinfecta if my wife address is different than mine?

Ben

Isn’t the ink unlimited a better choice than the freedom unlimited? Same earnings + better SUB + doesn’t waste a 5/24 spot?

Joe K

Hey Dan good afternoon

Last time there was this promotion I applied the last day a couple hours before you said it was over

I spent the $15,000 in grocery stores within the time period, yet for some reason I did not receive the bonus (5% cash back)

In your opinion is there anything I could do I call Chase multiple times seems like there’s nobody to talk to

Any advice

Thanks in advance

Zach

Can I change my current Freedom Unlimited to another card and then apply for this (do I even need to)? I couldn’t figure out how I could change my current Freedom Unlimited to another card (preferably still a Visa)

Mo rubin

If I get the flex via downgrade from preferred will I get the 5x on groceries for 1st year?

johnny

Sounds like there is no point in keeping a Marriott Chase, only maybe for the annual bonus.

M M

Bingo in Monsey is counted as grocery spending, but in Brooklyn it is counted as a wholesale club. you could check a stores code here https://www.visa.com/supplierlocator-app/app/#/home/supplier-locator

Noam

Chase requested DL
Now request S S card
A card holder of several others
What happened to them ?

Why SS card ?

Anyone else was asked for so many verifications despite excellent card member status ?

Jull

Dan, is there a no annual fee chase card that can hold my UR points? i’ve had sapphire reserve for a few years. now that they’re increasing the annual fee and i haven’t utilized the travel benefits since the pandemic, i am going to close this card but i need to transfer the UR points that i have. what’s the best card to have for this purpose? TIA!

Benny Rosen

Hi Dan, Thanx for all your posts…..
I would like to use your link to apply for credit cards, but my filters don’t let it go thru.
Do you have a way that I can get around that?
Thanx

wpDiscuz