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I was actually on the phone with two different reps this morning and both confirmed that the bonus would be extended through the 3rd quarter! But, it looks like the 4th quarter will be included as well! This is monster news!!!
*According to ViewFromTheWing’s, Gary Leff:
Wholesale membership clubs will be a part of Chase Freedom 5x category Now til 2017!
- Costco
- Sam’s
- Bj’s
- perhaps others…worth calling to double check
As far as 3rd quarter…the activation is tomorrow and it will apply to
- Restaurants
- Wholesale Clubs
Don’t forget to activate your category bonuses for 2nd quarter!
How can this be leveraged to max out your Free 5x category bonuses?
- Category bonuses apply to the first $1500 you spend on qualified categories
- As you can see here – I’ve spent $505.90 – so I’m almost $1000 under the what I could spend to max the category bonus
So what will I do?
-
Gift cards, gift cards, gift cards
- I often don’t spend $1500 in a quarter on categories so I’m potentially missing out on some great bonuses
- I buy visa gift cards instead
- As you can see, this quarter I’m about a $1000 shy
- So I’ll buy $1000 of visa gift cards…
- These can be used wherever visa is accepted, not just grocery stores
- An easy way to extend the 5x categories to other purchases
- With Costco I can buy gift cards for lots of retailers as well as Costco gift cards for future purchases
What can you use Ultimate Rewards for?
-
I transferred to United and traveled in United’s Global First Class last year
.
I also transferred to Hyatt and stayed at the Park Hyatt Washington D.C. last New Year’s eve In A HUGE SUITE!
Where would you like to use your points?
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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