Those with a Chase Freedom® credit card($100 cash back bonus after $500 spending during the first three months of membership), you can now sign up for the 5% cash back categories(Grocery Stores, Starbucks, and Movie Theaters) and be activated for the 1st Quarter of 2015. To maximize Chase Freedom rewards program, cardholders purchase items in the rewards categories designated by Chase which rotates every quarter. You’ll earn 5% cash back in the designated categories up to $1,500 in purchases, and 1% on everything else with no maximum.
Remember, cardholders can only earn 5% for up to $1500 in purchases for the designated categories. Simply put, you’ll get up to $75 in cash back at most in the bonus categories. This may not seem like much, but utilizing their promotion each quarter will put $300 in your pocket each year($75 x 4). I’ve personally made hundreds of dollars in additional rewards each year by taking advantage of all the 5% cash back cards. Since most have no annual fee, you’ll be glad to use them all and maximize to the fullest for all 5% cash back categories.
Chase Freedom 5% Categories 2015 Calendar 1st Quarter
From January 1st to March 31st, you can earn 5% cash back on up to $1,500 spent in the following categories (activation is now live):
- Grocery Stores
- Starbucks
- Movie Theaters
Chase Freedom 5% Rewards Categories Details:
- You must activate in order to earn the 5% in these bonus categories. Many ways to activate: Online at Chase.com/freedom, Phone Rep back of your card(800 524-3880), In Person at a Chase branch with personal banker, or Email Activation Reminder.
- Make sure to activate by March 14, 2015 to get the 5% cash back for the 4th quarter rewards at Grocery Stores, Starbucks, and Movie Theaters. Keep in mind, the activation is retroactive(all your previous purchases at Grocery Stores, Starbucks, and Movie Theaters will count as long as you activate by March 14th).
- Activation is absolutely free. Cardholders can earn 5% cash back on up to $1500 worth of purchases made in the bonus categories during the quarter. For everything else, you’ll earn 1% cash back with no cap.
- If you are unsure if a particular store counts towards the category, You can call Chase customer service (800 524-3880) or check with their merchants website.
- Do understand that the 5% “cash back” is actually points in their Chase Ultimate Rewards website. You can then cash out the points in the form of cash back toward your statement credit. Each point is worth $0.01 in cash back and100 points are worth a dollar.
Chase Freedom 5% Categories can be enrolled each quarter in many different ways. It’s both quick and painless, so you shouldn’t have any excuses in not signing up. As long as you activate by the end of the quarter, then the rewards are retroactive. The 5% cash back categories are significant in helping you getting the most bang for your buck. Even then, all other purchases earn 1% back with no cap or expiration of rewards. Need to apply for a card? the Chase Freedom® is running a $100 Bonus Cash Back promotion simply by making $500 in purchases in your first three months.
 The Chase Freedom FlexSM offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Ultimate Rewards, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |