The Chase Freedom® Card (review) 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.
Last chance: Chase Freedom 5x points for Q3 2019
Between April 1 and June 30, 2019, the Chase Freedom® Card is offering 5x points on the first $1,500 spent at grocery stores and home improvement stores. Note that while registration closed for that category yesterday, if you are registered you’ll continue earning 5x points through June 30, 2019, up to the $1,500 cap.
Register now: Chase Freedom 5x points for Q3 2019
Today registration has opened for the third quarter 2019 bonus categories. The Chase Freedom® Card will offer 5x points on the first $1,500 spent at gas stations and on streaming services between July 1 and September 30, 2019.
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.
See here for a list of participating merchants in each category. Streaming services include Apple Music, Fubo TV, Hulu, Netflix, Pandora, SiriusXM, Sling, Spotify, and Vudu.
My take on the third quarter bonus categories
If you spend a lot at gas stations then this bonus category could be worthwhile. Personally I spend virtually nothing at gas stations, so that has no value to me.
The streaming services bonus is an interesting one, though realistically I don’t spend that much on streaming services over the course of three months.
Personally I don’t love the third quarter bonuses, but everyone is going to have a different take on that.
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:
- Chase Sapphire Preferred® Card (review)
- Chase Sapphire Reserve® Card (review)
- Ink Business Preferred℠ Credit Card (review)
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. Unfortunately I don’t think I’ll get anywhere close to maxing out the third quarter bonus category, though.
You can now register to earn 5x points for the third quarter for gas stations and streaming services. However, you won’t start earning 5x points until July 1, 2019.
In the meantime, assuming you’ve registered, you can continue to earn 5x points at grocery stores and home improvement stores through June 30, 2019.
Have you maxed out the second quarter Chase Freedom bonus category? What do you make of the third quarter bonus category?