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The Chase Freedom is one of my favorite no annual fee credit cards, as it offers 5x points in rotating quarterly categories, for up to $1,500 of spend per quarter. Most people use this as a cashback card, meaning the 5x points really translates into 5% cashback in these categories.
The best part is that in conjunction with the Chase Sapphire Preferred® Card or Ink Plus® Business Credit Card, points earned on this card can be converted into “premium” Ultimate Rewards points, and be transferred to the Ultimate Rewards airline and hotel partners. Since I value one Ultimate Reward point at significantly more than one cent, that’s my preferred use of points.
While you can continue to earn 5x points on restaurant purchases through September 30, 2016, registration for that category has now closed.
Register to earn 5x points at department stores and drugstores
Registration has just opened for the fourth quarter Chase Freedom 5x points category, so you can register now to earn 5x points at department stores, wholesale clubs, and drugstores, between October 1 and December 31, 2016.
Registration is easy — just go to the registration page and enter your last name, billing zip code, and the last four digits on your card, and you’ll be registered.
In case you’re wondering what specifically qualifies under the above categories, here are the definitions of department stores, wholesale clubs, and drugstores, for the purposes of the 5x points promotion. As you can see, a wide variety of retailer are included in all categories.
How to make Chase Freedom points even more valuable
Just to recap, you earn points on the Chase Freedom, and each point can be redeemed for one cent cashback.
However, 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% cashback converts into 5x Ultimate Rewards points per dollar with one of the above cards.
If you’ve registered for the 5x points category for the third quarter then you can continue to earn those rewards for the next couple of weeks. However, if you’re like me, you may have already maxed out the $1,500 limit on the 5x points category for restaurants.
I’m excited about the fourth quarter promotion, as I suspect I won’t have any issue maxing that out as well, given the huge variety of retailers at which you can earn 5x points. You might as well register now, so that it’s done with it.
Do you plan on maximizing the Chase Freedom 5x points category for the fourth quarter?
Non-Affiliate Product Disclaimer: The information for the Chase Sapphire Reserve has been collected independently by One Mile At A Time. The card details on this page have not been reviewed or provided by the card issuer.