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We love the Chase Freedom Flex for this exact perk: rotating, quarterly 5x bonus categories. What does that mean? It means that every 3 months Chase Freedom releases a new list of bonus categories that earn 5x throughout the quarter. It’s an incredible way to multiply the number points you make on purchases, or strategize for the future. Chase has announced the new rotating bonus categories for the final 3 months of 2021: PayPal and Walmart
Additionally, Chase released their Chase Freedom Flex in 2020 and it’s a stellar card. It’s the updated Mastercard version of the Chase Freedom, but if you still carry the old Chase Freedom, you still qualify for rotating category bonuses as well.
I would definitely consider either getting a Chase Freedom Flex or converting your existing Freedom to a Freedom Flex in order to enjoy the native category bonuses the card offers in addition to these quarterly, rotating category bonuses.
As long as you activate by September 14th, you’ll receive 5% or 5x on all of the purchases made in the bonus categories for that quarter.
There are a couple of caveats of the 5x rotating category bonus: Go here to activate – must be done by December 14th!
- The spending is capped at $1500
- This means that your earning potential is maxed at out 7500 points or $75 cashback
- You must activate this perk each quarter, starting the 15th of the month prior ( September ), up until the 14th of the last month ( December ).
- If you have a Freedom and Freedom Flex, you’ll get $1500 per card.
I’ve used a lot of Chase points for swanky redemptions like the Park Hyatt Buenos Aires
Bonuses on the following categories end September 30th
- Grocery Stores
- excluding Target and Walmart
- Select Streaming
Additionally, the Chase Freedom Flex has great mobile phone insurance and should really be a top consideration for your mobile phone payments regardless of the category bonus.
When Do the new bonus Categories start? October 1st.
You’ll need to register for these bonus categories by December 14th, 2021. As long as you register by that date, all of the purchases made in these categories will earn 5%/5x points.
Where Do I go to Register? Click here – available 6/15/21
How we use Chase Freedom/ Freedom Flex to get closer to lie-flat seats and 5 star suites.
If you’re like me and carry a Chase Premium credit card like the Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred then you can combine your Freedom Flex points into those accounts in order to transfer them into valuable partners.
This is by far the most advantageous usage of Ultimate Rewards, but also increases the value when redeemed in the Chase Travel center. For instance, if you move them into a Chase Sapphire Reserve account, your points will instantly be redeemable for 1.5 cents per point, a 50% increase over redeeming them in the Freedom Chase Travel Center.
Don’t have a Chase premium card?
You should definitely check out our thoughts and the latest offers on:
Combining a Chase Premium card like those above will help you optimize your spend and value of the points you’re earning.
One of the coolest ways to use Chase Ultimate rewards? Emirates First Class. Immerse yourself in the full experience in our YouTube video below!
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
****ALL TIME HIGH 100k OFFER!****
A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee
♥ Earn 100k Bonus Points after $4k Spend in 3 months
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥5x on travel purchased via Chase Travel and 2x everywhere else (beginning 8/16/21)
♥3x on dining, including eligible delivery services, takeout and dining out (previously 2x – beginning 8/16/21)
♥3x on select streaming (beginning 8/16/21)
♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs -(beginning 8/16/21)
♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary (beginning 8/16/21)
♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points. (beginning 8/16/21)