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Today is the final day to activate this quarter’s Chase Freedom 5% categories.
You must register for Q3 bonus spending at restaurants and movie theaters by today and complete spending by 9/30.
Some grocery stores have restaurants or cafes in them that qualify for 5 points per dollar and will sell items like gift cards that are for sale in the grocery store.
Otherwise, you can buy gift cards at your favorite restaurants to lock in 5 points per dollar.
Tomorrow you’ll be able to register for 2017 Q4 spending at Walmart, Walmart.com, and department stores from 10/1-12/31.
In the past Q4 has often been a bonus category for Amazon.com. With Walmart in all-out war mode against Amazon, it’s fitting that they took over as the Q4 featured merchant on the Freedom card. It’s still a big surprise though, as Chase issues Amazon’s co-branded credit card.
Chase Freedom is an excellent no annual fee card thanks to its quarterly 5% categories. While they call it 5% cash back, you’ll really get 5 Ultimate Rewards points per dollar spent which can be worth much more than 5% cash. For $1,500 in spending per quarter you will earn at least 30,000 Ultimate Rewards points over the course of a year (7,500 points per quarter at 5 points per dollar spent).
You can view credit card offers by clicking on the “Other Credit Cards” tab on top of the DansDeals banner to view links for card offers. You can click on the link that says “View all card offers by issuing bank” and scroll down to view all card offers from the bank of your choice. Here’s How To View Credit Card Offers On This Site.
While Chase Freedom is a great card for the bonus categories, it’s not a great card for everyday spending. However the Chase Freedom Unlimited® card also has no annual fee and is excellent for everyday spending.
Freedom or Freedom Unlimited alone can’t transfer points into much more lucrative airline or hotel miles, but if you or your spouse has a Sapphire Reserve, Chase Sapphire Preferred® Card, Ink Bold, Ink Plus, or Ink Business Preferred® Credit Card then you can transfer points from Freedom to one of those cards and from there to your favorite travel currency. You can read at the end of this post on great uses of Chase mileage transfers. The Freedom or Freedom Unlimited card can also keep your points alive for free if you do close one of those premium cards.
The value of the points will be based on where you use them, but if you use those points for a trip worth where they are worth 2 cents each then you’ll have effectively earned 10% back on those “5 point categories.” The sky is the limit of the value of airline miles as they aren’t tied to the cost of a ticket. That’s good for people in the know and bad for those who are not. 1 mile can be worth 0.25 cents or it can be worth 25 cents, it all just depends on how you use them!
HT: DoC
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19 Comments On "Final Day To Register For Chase Freedom Q3 Spending, Q4 Registration Begins Tomorrow With Another Shot Fired In The Amazon-Walmart War"
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Considering going that you could have gotten 10x for August purchases at Wal-Mart this is a little weird
Can you use this and transfer points to the Chase Southwest Card?
“if you or your spouse has a Sapphire Reserve, Sapphire Preferred, Ink Bold, Ink Plus, or Ink Preferred card then you can transfer points from Freedom to one of those cards and from there to your favorite travel currency.”
Discover is 5x at Amazon next quarter
Can you please list stores that count as restaurants??
Huh?
There are millions of restaurants in the world…
Haha sorry, I meant there are some stores that have restaurants that you said you can buy gift cards. Did you mean you can buy Visa gift cards or other non-restaurant gift cards? Thanks.
I hate shopping at Walmart, but if I can use my Freedom card to buy VGCs, it may be worth the agony. Anybody know if the Valley Stream Walmart lets you buy VGCs with a CC?
They should.
Does it make sense to ask to change my freedom to the freedom unlimited? Will they do it?
That depends on how much you spend on 5x categories and ow much you spend on everyday purchases.
Personally I have several Freedoms and a Freedom Unlimited.
You can switch back and forth.
I usually never use the full amount of 5x categories (now they even took away my 10 points per swipe) so was thinking of doing my wifes to unlimited
Sounds like a plan.
I think once you switch you have to wait to switch back
The problem with purchasing restaurant gift cards is many times you can lose em or misplace the card then you lost big time, also if you have the reserve its already at 3x
Does this count at the Wal Mart grocery stores? I really dislike Wal Mart but might do my groceries there if these stores are included.
Maybe we’ll get another surprise Q5 with a 10x bonus at Amazon, just so they have the last shot at Walmart. Wouldn’t mind. 🙂
Dan how does chase know who the spouse is
https://www.vosizneias.com/293465/2018/03/15/san-francisco-whistleblower-says-walmart-eyeing-amazon-cheated-on-e-commerce/
Walmart vs Amazon