Chase has been adding some interesting quarterly bonus categories for the Chase Freedom® Card. In the first quarter of 2018, Chase Pay, Apple Pay, Google Pay, and Samsung Pay were all eligible for 5% cash back (or, when combined with an eligible Ultimate Rewards-earning card, for 5x points).
Now, for April through June 2018, they’re offering this bonus on purchases at grocery stores, purchases made through Chase Pay, and purchases made with PayPal. I’m pretty excited about the PayPal category.
With online merchants, PayPal is a lot more commonly accepted than you may realize, which makes this quarter an especially good opportunity for earning this bonus.
Where Can I Use PayPal?
Earning 5x points on things like airline purchases has usually been the exclusive domain of holders of more premium cards. However, numerous airlines (including American, Delta, United, JetBlue, and Southwest) accept payment through PayPal, as do a ton of other merchants, typically for the same price you’d pay using a credit card directly.
Other online merchants that accept PayPal include Target, Walmart, Best Buy, Apple, and many more. PayPal even has a gift card site. And you can of course stack these purchases with bonus points from your favorite shopping portal.
Paying through PayPal is simple:
- Create a PayPal account if you don’t have one already
- Link your Chase Freedom card to that account
- Set the Chase Freedom card as your default payment method
On sites that accept PayPal for payment, simply choose that as your payment method. You’ll usually be directed to log into PayPal to complete the payment, and then returned to the merchant’s site.
This is a really great way to get 5% cash back (or 5x Ultimate Rewards points) on purchases in categories that would never otherwise earn such a high bonus on a no-annual-fee card.
Keep in mind that these bonuses are eligible for charges made from April through June, and only on your first $1,500 of combined purchases in the quarter. Also remember that you have to activate the bonus on Chase’s site in order to receive the extra points.
PayPal also has an Offers page (a lot like the Amex Offers you may be familiar with) that offers additional discounts that are stackable with Chase’s bonus. For example, they’re currently offering $5 off a $50 purchase at Target.com.
For many people, it shouldn’t be hard to make $1,500 worth of purchases over three months through PayPal using the Chase Freedom card, which would yield either $75 cash back or 7,500 Ultimate Rewards points.
If you don’t think you’ll be able to make $1,500 in eligible PayPal purchases during the quarter, you can always buy some gift cards and use them whenever you’re ready.
How do you plan to use PayPal to maximize this bonus category?