The Chase Freedom® Card is one of my favorite no annual fee credit cards, as it offers 5x points in rotating quarterly categories, for up to $1,500 of spend per quarter. Most people use this as a cashback card, meaning the 5x points really translates into 5% cashback in these categories.
The best part is that in conjunction with the Chase Sapphire Preferred® Card, Chase Sapphire Reserve® Card, or Ink Business Preferred℠ Credit Card, points earned on this card can be converted into Ultimate Rewards points, and be transferred to the Ultimate Rewards airline and hotel partners. Since I value one Ultimate Rewards point at significantly more than one cent, that’s my preferred use of those points.
For this quarter (July 1 through September 30), Chase is offering 5x points for the first $1,500 of combined purchases for Lyft, Walgreens, and gas stations. Registration for this bonus category closes Friday (September 14), so if you haven’t yet registered, be sure you do so soon. You’ll continue to earn 5x points through the end of the month (assuming you haven’t maxed out the bonus category), though only if you activate the bonus by September 14.
Up until now, Chase has kept the 5x points category for the fourth quarter of 2018 a secret. That has finally changed, as Chase has finally revealed what that category will be.
Between October 1 and December 31, 2018, the Chase Freedom® Card will offer 5x points on the first $1,500 of combined purchases with wholesale clubs, department stores, and on Chase Pay transactions. Registration for this category will open on September 15.
I loved the Chase Pay bonus that was available in the first two quarters of the year, and I’m thrilled to see it return again in the fourth quarter. That’s a bonus category that’s easy to max out, given how many companies accept Chase Pay (including Starbucks, Uber, etc.).
I also think a lot of people will get value out of being able to earn 5x points at wholesale clubs and department stores. The department stores category will be especially popular for holiday shopping.
If you don’t yet have the Chase Freedom® Card you can still apply and take advantage of the fourth quarter bonus category.
What do you make of the Chase Freedom fourth quarter 2018 bonus categories?