The most wonderful time of the year is upon us: It's the holiday season, and we're checking off gift lists for loved ones. For reward card enthusiasts, now is also the easiest time of the year to earn 5 points per dollar spent on your purchases.
Ready to learn how? Let's dive into what select Chase cardholders should know.
Earn bonus points with PayPal on your Freedom card
For the month of December, PayPal is back as a bonus category on the legacy Chase Freedom* and the Chase Freedom Flex® (see ).
From now through Dec. 31, cardholders can earn 5% cash back (up to $1,500 in purchases) in one of the easiest-to-maximize categories of all time: PayPal (activation required).
However, if you carry multiple Chase cards — namely the Chase Sapphire Preferred® Card (see ) or the Chase Sapphire Reserve® (see ) — you’re not limited to cash back. Chase lets those with both a Freedom or Freedom Flex card and a Sapphire Preferred or Sapphire Reserve card turn the cash back earned with their card from the Freedom family into transferable points. So, for the month of December, that 5% cash back earned for PayPal purchases becomes a whopping 5 points per dollar spent.
*This card is no longer available to new applicants. The information for the Chase Freedom has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
