We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!
We love the Chase Freedom 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.
The most exciting aspect of this quarter is the fact that you can earn 5x points on both PayPal and WalMart purchases. This is huge. Additionally, Chase just released their new Chase Freedom Flex which replaces the Freedom going forward, and cardholders of both will enjoy 5x for this quarter – I honestly think the Chase Freedom Flex is the most compelling card of 2020.
Note you can refer people from the old Chase Freedom card to either the Freedom Flex or Freedom Unlimited. We’ve embedded our Chase Refer A Friend link below
- Our Referral: Chase Freedom Flex
- How to populate your own Chase Refer A Friend link
- You get $100/10k UR per referral – $500/50k UR max per year
- Offer is $200/20k UR after $500 spend
- Amazing new bonus categories – HIGHLY RECOMMEND THIS CARD
- 5x on Groceries for 12 month ( outside Walmart and Target )
- 5x On Chase Travel
- 3x on dining and pharmacy purchases
- No annual fee
There are a couple of caveats of the 5x rotating category bonus:
- The spending is capped at $1500 dollars
- 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.
You still have roughly two weeks to earn 5x at Amazon.com and Whole Foods, but starting October 1st the new categories kick in.
How we use Chase Freedom 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 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
This is an amazing premium card offering a stand out welcome offer that could earn you 225k points! Our favorite perk is the oustanding 10x bonus points on gas and groceries for 6 months and up to $15k spend! It’s pumped full of perks and travel benefits we love.
♥ Earn 75k points welcome offer after spending $5000 in 6 months
♥10x on gas and groceries, up to $15k, for first 6 months of card membership
♥5x flights booked via Amex Travel and directly with airlines
♥Amazing annual credits: $200 Uber credits, $200 Airline incidental fees, and $100 Saks Fifth Avenue credit
♥Comped Hotel Status: Marriott Gold + Hilton Gold
♥Over 20 transfer partners to achieve aspirational flights and hotel redemptions