How to track your Chase Freedom 5x bonus spending

Dec 10, 2019

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One of the most powerful no-annual-fee credit cards is the Chase Freedom (No longer open to new applicants). While it isn’t a great everyday card — earning just 1% cashback as a base — the card offers 5% cash back on rotating categories each quarter.

It gets even better for cardholders that have a Chase Ultimate Rewards-earning credit card such as the Chase Sapphire Reserve, Chase Sapphire Preferred Card or the Ink Business Preferred Credit Card. Cardholders can transfer cash back earned via the Chase Freedom to one of these other Chase cards and effectively earn 5 points per dollar spent in the rotating categories each quarter.

From that point, Ultimate Rewards points can be transferred to travel partners like Southwest, Hyatt and United. That means you can essentially earn 5x airline miles or hotel points from money you spend in the rotating categories on the Freedom. And as TPG values Ultimate Rewards points at 2 cents each, that’s effectively a 10% return.

The fourth quarter (October-December) 2019 category includes purchases made at select department stores and via PayPal and Chase Pay. Just remember that you must activate your card here by Dec. 14 to get the 5x earnings.

Whether or not you have a UR-earning card, Chase Freedom cardholders will want to make sure to take advantage of their 5x earning opportunities each quarter. But, Chase caps the 5x earnings at $1,500 worth of purchases each quarter. Once you hit this spending cap, you’ll surely want to switch your spending to another credit card.

That naturally brings up the question: how can I track my Chase Freedom bonus spending?

First, log in to your Chase account at Chase.com, and click your Ultimate Rewards balance to bring up the Chase Ultimate Rewards site. Alternatively, you can click this link to login and be directed to the Ultimate Rewards homepage.

If you have multiple Chase accounts, you’ll have to select your Chase Freedom account:

On the right side of the next page, you’ll see a summary of your 5% cash back earnings — including whether you’re activated your 5x earnings, the categories for this quarter and a progress bar showing your cash back earnings for the quarter. As you can see, I haven’t done a good job maximizing my earnings this quarter:

Chase now shows the exact amount you’ve earned toward the $75/7,500 points quarterly earning cap. To calculate how much 5x spending you have left, you’ll need to subtract the earnings so far this quarter from $75 and then multiply that amount by 20. For example, if the process bar shows $20, you have $1,100 of spending left before your earnings will reset back to 1% ($75 minus $20 equals $55, then multiply $55 by 20 to get $1,100).

If you’re not already a cardholder, now’s as good a time as any to sign up. The Chase Freedom is still offering a sign-up bonus of $150 — which could potentially become 15,000 Ultimate Rewards points — after you spend $500 in the first three months from account opening.

Delta SkyMiles® Platinum American Express Card

Earn 90,000 bonus miles after you spend $3,000 in purchases within the first three months of card membership. Plus, earn a $200 statement credit after your first Delta purchase within the first three months. Offer ends 7/28/21.

With Status Boost™, earn 10,000 Medallion Qualification Miles (MQMs) after you spend $25,000 in purchases on your Card in a calendar year, up to two times per year getting you closer to Medallion Status. Earn 3X Miles on Delta purchases and purchases made directly with hotels, 2X Miles at restaurants and at U.S. supermarkets and earn 1X Mile on all other eligible purchases. Terms Apply.

Apply Now
More Things to Know
  • Limited Time Offer: Earn 90,000 Bonus Miles after spending $3,000 in purchases on your new Card in your first 3 months and a $200 statement credit after you make a Delta purchase with your new Card within your first 3 months. Offer expires 7/28/2021.
  • Limited Time Offer: Plus, get a 0% intro APR on purchases for 12 months from the date of account opening, then a variable 15.74%-24.74%. Offer expires 7/28/2021.
  • Accelerate your path to Medallion Status, with Status Boost®. Plus, in 2021 you can earn even more bonus Medallion® Qualification Miles (MQMs) to help you reach Medallion Status.
  • Earn 3X Miles on Delta purchases and purchases made directly with hotels.
  • Earn 2X Miles at restaurants worldwide, including takeout and delivery and at U.S. supermarkets.
  • Receive a Domestic Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Enjoy your first checked bag free on Delta flights.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy an exclusive rate of $39 per person per visit to enter the Delta Sky Club® for you and up to two guests when traveling on a Delta flight.
  • No Foreign Transaction Fees.
  • $250 Annual Fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
0% on purchases for 12 months
Regular APR
15.74%-24.74% Variable
Annual Fee
$250
Balance Transfer Fee
N/A
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

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