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.
Register now: Chase Freedom 5x points for Q2 2019
Registration has just opened for Chase’s second quarter 2019 bonus categories.
Registration is easy — just go to the registration page and enter your last name, billing zip code, and the last four digits on your card, and you’ll be registered.
As a reminder once again, while you can register now, you don’t start earning 5x points for another couple of weeks.
My take on the new bonus categories
I’d say grocery and home improvement stores are pretty well rounded bonus categories:
- There otherwise aren’t really any major credit cards offering bonus points for home improvement store purchases, so I’m happy to see that
- The 5x points at grocery stores will be useful for many, though with other cards regularly offering up to 4.5x points at grocery stories, the incremental benefit is fairly limited
Reminder: keep earning 5x points in the Q1 categories
Assuming you’ve already registered, through March 31, 2019, you can continue to earn 5x points on the first $1,500 of combined purchases at gas stations, drugstores, and tolls.
How to make Chase Freedom points even more valuable
Just to recap, you earn points on the Chase Freedom® Card, and each point can be redeemed for one cent cashback.
However, if you have this card in addition to one of the cards that accrues Ultimate Rewards points, you can transfer these points to Ultimate Rewards. Cards that accrue Ultimate Rewards Cards include the:
So 5% cashback converts into 5x Ultimate Rewards points per dollar with one of the above cards.
The Chase Freedom® Card is one of the best no annual fee cards out there, and I do everything I can to max out the 5x points category every quarter. You can now register to earn 5x points for the second quarter at grocery and home improvement stores.
In the meantime, assuming you’ve already registered, you can continue to earn 5x points for the remainder of the first quarter at gas stations, drugstores, and tolls.
What do you make of the Chase Freedom Q2 2019 bonus categories?