Earn 10x Points on Best Buy Purchases With Chase Pay
Update: Some offers mentioned below are no longer available. View the current offers here.
Chase is back with another lucrative promotion to push its new Chase Pay mobile app.
Similar to the deal launched in November, Chase Freedom cardholders (No longer open to new applicants) can now earn 10x points or 10% cash back on Best Buy purchases made with the Chase Pay app.
The promotion lasts through February 4, 2018 and you can earn the 10x points on up to $300 worth of purchases. So if you maximize this promotion you could earn 3,000 Ultimate Rewards points (although you'll have to be an Ultimate Rewards cardholder to transfer your points from your Freedom card), worth $63, or a 21% return according to TPG's most recent valuations.
Keep in mind that you can only use Chase Pay with Best Buy for in-store purchases — so you'll have to download the Chase Pay app and use it in the check-out line. Chase Pay is the bank's own "digital wallet" similar to Apple Pay or Samsung Pay.
The Chase Freedom also offers 5% back on rotating quarterly categories. This quarter includes 5% back on the first $1,500 spent with mobile wallets; on purchases made at gas stations; and on spending with internet, cable and phone service merchants. A Chase representative told us if you've already maxed out the $1,500 quarterly categories, you'll receive 6% back at Best Buy when using Chase Pay.
This post was updated to reflect the amount of cash back received if you've already maxed out the $1,500 quarterly categories. Additional updates were made to the amount of points you can earn on the promotion.