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One of the most valuable no annual fee credit cards is the Chase Freedom®, thanks to the fact that it offers 5% cash back in select rotating quarterly categories.
Last chance to earn 5% cash back at grocery stores
Since the beginning of the year we’ve been able to earn 5% cash back at grocery stores, Starbucks stores, and movie theaters. Hopefully everyone has already registered, though if you haven’t, you must register by tomorrow, Saturday, March 14, 2015.
As long as you register by March you can continue to earn 5% cash back at those merchants through March 31, 2015.
5% cash back at restaurants on the way shortly
On Sunday, March 15, 2015, registration will open for the second quarter 5% cash back categories, which include restaurants and more.
How to do better than 5% cash back
Keep in mind that while the Chase Freedom® is marketed as offering 5% cash back, the points can be worth much more than that. If you have this card in addition to one of the cards that accrue “premium” Ultimate Rewards points, you can transfer these points to Ultimate Rewards. Cards that accrue “premium” Ultimate Rewards Cards include the:
So 5% cash back converts into 5x Ultimate Rewards points per dollar with one of the above cards.
Having a no annual fee card like the Chase Freedom® is a no brainer. Not only do you earn tons of points in valuable categories, but keeping a no annual fee credit card long term is great for your credit score, since it helps raise your average age of accounts.
If you haven’t yet registered to earn 5x points on grocery stores, Starbucks stores, and movie theaters this quarter, do it now before you forget.
Have you maxed out the 5% bonus category this quarter yet?