Chase just announced the 2014 quarterly bonus categories, on the no annual fee Chase Freedom Card which will be as follows:
Q1 (January 1 – March 31, 2014): Gas stations, movie theaters and Starbucks® stores
Q2 (April 1 – June 30, 2014): Restaurants and Lowe’s® home improvement stores
Q3 (July 1 – September 30, 2014): Gas stations and Kohl’s®
Q4 (October 1 – December 31, 2014): Amazon.com, Zappos.com and select department stores
When you register your card each quarter you then earn 5x points for the first $1,500 spent in the category.With a bit of creativity it shouldn’t be too tough to max out the bonus categories each quarter, earning a total of 30,000 points for $6,000 of spend. That’s an amazing return, and the best part is that if you have a card that accrues “premium” Ultimate Rewards points (like the Chase Sapphire Preferred, Ink Plus® Business Credit Card, or Ink Bold® Business Charge Card), you can pool the points earned with your Freedom Card and transfer them to one of the Ultimate Rewards transfer partners.
I just recently picked up this card during a temporarily increased sign-up bonus, given that it’s a card I’ve always wanted. This is a card that’s worth keeping long term given that it has no annual fee and has the potential to earn so many points. I’m guessing most people won’t have any issues maxing out the second and fourth quarter bonus categories, while the first and third quarter bonus categories shouldn’t be too tough to max out with some creativity.
(In the interest of full disclosure, I earn a referral bonus for anyone approved through the above links. Thanks for your support!)