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Update: Some offers mentioned below are no longer available. View the current offers here: Chase Freedom
The Chase Freedom card normally offers a sign-up bonus of 10,000 points when you spend $500 within three months of account opening. However, Chase has just launched a new, higher sign-up bonus of 20,000 points when you spend $500 within the first three months. You can earn an additional $25 when you add an authorized user and make a purchase.
If you just have the Freedom card, those 20,000 points are worth $200 in cash back, so you’re getting a 40% return on that first $500 of spending. However, if you also have one of the premium Ultimate Rewards cards (like the Chase Sapphire Preferred Card or Ink Plus Business Card), you can then combine points and transfer them to any of the program’s 11 travel partners as well.
In addition to earning 1 point per $1 on everyday purchases, the other feature that sets this card apart is the ability to earn 5x points on up to $1,500 of purchases per quarter with certain merchants.
The calendar for 2015 is as follows:
- January 1 – March 31: Grocery stores, movie theaters and Starbucks
- April 1 – June 30: Restaurants, Bed Bath & Beyond, H&M and Overstock.com
- July 1 – September 30: Gas stations and more
- October 1 – December 31: Amazon.com and more
As a reminder, if you’re already a cardholder, you can register here to activate your spending bonus each quarter. If you maximize the 5x bonus each quarter, you can bank 30,000 valuable Ultimate Rewards points per year on $6,000 in spending. I value Ultimate Rewards points at about 2.1 cents apiece, so those 30,000 points are worth $630 – better than a 10% return on your spending.
On its own the Chase Freedom is one of the best cash-back cards on the market, but by maximizing the bonus categories and combining it with one of Chase’s premium Ultimate Rewards cards, it becomes even more of an asset.
For my review of the Chase Freedom card, watch this video
For more info on the Chase Freedom card, check out these posts:
- Why Chase Freedom Isn’t Just Another Cash Back Card
- Ways to Maximize Each Ultimate Rewards Partner
- Quarterly 5% Bonus Categories: Chase Freedom & Discover It
- Chase Freedom Ends 10% Annual Bonus & Other Changes
- How to Get 1.34 Cents Per Point for Travel with Chase Freedom
- Maximizing Credit Card Bonus Categories to Earn More Points
- Top Credit Card Offers with No Annual Fee
LIMITED TIME OFFER. Aside from the 100,000 points welcome bonus (available until 8/8/18), Amex recently made huge improvements to the Business Platinum Card, including the fact that you will now earn 50% more points on purchases of $5,000 or more, earn 5x on flights and eligible hotels at Amextravel.com and cardholders will receive a $200 airline fee credit each year.
- Limited Time Offer: Earn up to 100,000 Membership Rewards® Points.
- Earn 50,000 Membership Rewards® points after you spend $10,000 & an extra 50,000 points after you spend an additional $15,000 all on qualifying purchases within your first 3 months of Card Membership. Offer ends 8/8/18.†
- Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
- Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
- 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.
- You can also receive 35% points back on all First and Business class flights, with all airlines available through American Express Travel.
- You can enjoy access to The American Express Global Lounge Collection℠ offering access to the most lounges across the globe, when compared with other U.S. credit card offerings. As of 11/2017
- Terms Apply
- See Rates & Fees