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Update: Some offers mentioned below are no longer available. View the current offers here – Freedom Card

One of the best features of the Freedom card from Chase is that it offers bonus categories that change each quarter where you can earn up to 5x points per $1 on $1,500 worth of purchases per quarter at certain merchants. That means a potential of up to 25,000 bonus points if you strategize your spending.

So there is just a week left to maximize your purchases at grocery stores, movie theaters and Starbucks, and plenty of ways to do so, such as purchasing gift cards to use later on or give as gifts.

Just as important, however, is to activate your Freedom card to earn the 5x bonus at Quarter 2’s merchants: restaurants, H&M, Overstock.com and Bed, Batch & Beyond. You will earn 5x points per $1 on up to $1,500 worth of purchases at those merchants between April 1-June 30. Though you have until June 14 to activate your card for the bonus, and you will earn credit retroactively for any purchases at those merchants from April 1 on, it’s better just to register now so you don’t risk forgetting to do it before the deadline. You can also sign-up for activation reminders here.

The new bonus categories include restaurants.
The new bonus categories include restaurants.

If you don’t already have the card, the current sign-up bonus for the Chase Freedom is 10,000 points after you spend $500 in 3 months, a 20% return on your spending. You can also transfer them to an Ultimate Rewards points account if you have the Chase Sapphire Preferred or Ink Plus, and then transfer them to travel partners like Southwest, United, British Airways, Hyatt, or Marriott.

I value Ultimate Rewards points at 2.1 cents apiece, so the 10,000 point sign-up bonus is worth $210 in travel rewards if you can also have one of the premium cards. If you maximize the 5% bonus categories for Chase Freedom and earn the full 30,000 bonus points, you could get another $630 in value – all on a card with no annual fee.

If you do have the Freedom card, while earning 5x points on just $1,500 per quarter might not seem like much, those points really start to add up and play a major part of any savvy spending strategy.

For my review of the Chase Freedom, watch this video

For more information, check out these posts:

Quadruple Dip With Points, Miles & Discounts at Restaurants

How To Maximize Rewards and Discounts For Dining

Chase Freedom®

It's a stellar Cash Back card on its own, but when paired with the Chase Sapphire Reserve or Chase Sapphire Preferred, the Freedom's 5x Category Bonuses let you rack up Chase Ultimate Rewards Points, transferrable to partners or redeemable via the portal.

Apply Now
More Things to Know
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Unlimited 1% cash back on all other purchases — it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.49-24.24%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Enjoy new 5% categories every 3 months
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee
Intro APR on Purchases
0% for 15 months
Regular APR
15.49% - 24.24% Variable
Annual Fee
$0
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

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