Limited Time: Chase Freedom Bonus Increased to 20,000 Points ($200 Cash Back!)

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Update:   The card offer in this post is no longer available.  Check our Hot Deals for the latest offers. 

For a limited time, you’ll earn 20,000 Chase Ultimate Rewards points ($200 cash back) after you spend $500 on purchases in the 1st 3 months of opening your Chase Freedom card.  But you have to apply by June 24, 2015.

You also get 2,500 extra points for adding an authorized user who makes a purchase in the 1st 3 months.

Normally, the sign-up bonus on this card is 10,000 Chase Ultimate Rewards points ($100 cash back).  So this is double the usual offer!

And if you also have the Chase Sapphire Preferred, Chase Ink Plus, or the (no longer offered) Chase Ink Bold card, you can transfer Chase Ultimate Rewards points to airlines and hotels for Big Travel with Small Money!

Limited Time Chase Freedom Bonus Increased To 20,000 Points 200 Cash Back

Earn 20,000 Chase Ultimate Rewards Points Worth $200 in Cash Back or Potentially More in Travel With the Increased Chase Freedom Sign-Up Bonus!

This is the best offer for the card this year!

What’s the Deal?

Link:   Chase Freedom 20,000 Point ($200 Cash Back) Offer

Link:   My Review of the Chase Freedom

The Chase Freedom is 1 of my favorite credit cards because you can earn lots of Chase Ultimate Rewards points from quarterly rotating category bonuses!  And it has NO annual fee!

For example, this quarter (until June 30, 2015), you’ll earn 5X points (5% cash back) per $1 you spend at Restaurants, Overstock.com, Bed Bath and Beyond, and H&M.

Note:   Just be sure to take a minute to activate the bonus by June 14, 2015.

Limited Time Chase Freedom Bonus Increased To 20,000 Points 200 Cash Back

Dining Out Is Sweeter When You Know You’re Earning 5X Chase Ultimate Rewards Points (5% Cash Back) for Your Meal!

You’ll earn the bonus on up to $1,500 in spending per quarter, for a maximum of 7,500 Chase Ultimate Rewards points ($75 cash back).

So you can earn an extra 30,000 Chase Ultimate Rewards points per year ($300 cash back) by spending the maximum in bonus categories each quarter.

An Even Better Deal If You Have Other Cards

Folks who have the Chase Sapphire Preferred, Chase Ink Plus, or (the no longer available) Chase Ink Bold card can transfer Chase Ultimate Rewards points earned from the Chase Freedom card indirectly to airline and hotel partners.

Chase Adds New Transfer Partner More Options To Europe

If You Have Certain Other Chase Cards, You Can Transfer Points From the Chase Freedom to Airline and Hotel Partners

That makes the sign-up bonus much more valuable!  You can often get a greater value by transferring Chase Ultimate Rewards points to partners like Hyatt, Southwest, or United Airlines.

For example, if you transfer 20,000 Chase Ultimate Rewards points to Hyatt, you could get a night in a category 5 hotel, like the Hyatt Regency Maui.

Limited Time Chase Freedom Bonus Increased To 20,000 Points 200 Cash Back

Treat Yourself and Your Loved Ones to a Night at the Hyatt Regency Maui (Usually Priced ~$275 per Night) With the Chase Freedom Sign-Up Bonus

This is a great deal from a card that has NO annual fee!

When you have the Chase Sapphire Preferred, Ink Plus, or (no longer offered) Ink Bold, you can also use the Chase Ultimate Rewards points you earn with your Freedom card for a 20% discount in the Chase Travel portal!

Just combine your Chase Ultimate Rewards points. 

And the sign-up bonus of 20,000 Chase Ultimate Rewards points is then worth $250 towards airfare, hotels, and cruises, with no blackout dates.  Because your Chase Ultimate Rewards points are worth 1.25 cents each when you redeem them for travel through the Chase Travel portal (20,000 points x 1.25 cents per point = $250).

Again, you only get this deal if you combine the points you earn with the Freedom card with either the Chase Sapphire Preferred, Ink Plus, or Ink Bold.

Limited Time Chase Freedom Bonus Increased To 20,000 Points 200 Cash Back

Get a 20% Discount on Paid Travel When You Redeem Chase Ultimate Rewards Points Through the Chase Travel Center Using Your Sapphire Preferred, Ink Plus, or Ink Bold Card

Remember, if you’ve earned the Chase Freedom sign-up bonus in the past, you could qualify for it again, as long as you don’t currently hold the card and it’s been more than 24 months since you received the bonus.

If you’ve recently applied for this card (in the last ~90 days), you could call Chase and ask them to match you to the higher offer.  Usually, Chase will honor the increased bonus.

And if you’re not instantly approved when you apply, remember you can always call Chase reconsideration to ask for approval.  Sometimes they’ll simply let you move credit lines from other cards.

Remember, as long as you meet the minimum spending requirement ~5 to 8 days before your billing cycle ends, the sign-up bonus should post to your account shortly after your statement closes.

Bottom Line

For a limited time, Chase has increased the sign-up bonus on the Chase Freedom card to 20,000 Chase Ultimate Rewards points ($200 cash back) after meeting minimum spending requirements.

Chase lists this offer as ending on June 24, 2015.  And it’s a great deal since the Chase Freedom has NO annual fee and has 5X points (5% cash back) rotating quarterly category bonuses.

If you also have the Chase Sapphire Preferred, Chase Ink Plus, or Chase Ink Bold (no longer available) card, you can transfer Chase Ultimate Rewards points earned from the Chase Freedom card to airline and hotel partners.

And that could be worth much more than $200 in Big Travel!

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11 responses to “Limited Time: Chase Freedom Bonus Increased to 20,000 Points ($200 Cash Back!)

  1. It seems that Chase has a new policy to deny applicants if they have opened 5 or more cards in the last two years at ANY bank! Can anyone confirm this? If this is true then a lot of us are going to have a hard time getting anymore Chase Cards!

  2. @Adam–where did you hear this? I’ve looked all over the Internet and found nothing. My wife recently got her 7th Chase card and 12th in the past year with no problems. You should mention where you heard of such a thing before posting these types of rumors.

  3. I recently was denied the Chase Sapphire Preferred for a similar reason. I called the reconsideration line and was very pleasant and explained what had attracted me to the Sapphire card. I offered to move credit limits from other cards, I offered to close other cards, they wouldn’t budge. They said I had opened too many cards recently. I have opened 4 cards in the past year (2 with Chase) and 6 cards in the past 2 years.

  4. If you pre-qualify for this card, does that increase your chances of getting it?

  5. @scott- Sorry, there is an entire thread on flyertalk discussing this. I have also heard this from several other people on multiple blogs having the same issues and hearing the same rumors. Now, I have also heard from people such as yourself that they have had no problems with Chase and getting cards after having opened multiple accounts in the last two years. Here is a link to the original article.

    http://www.doctorofcredit.com/chase-tightening-the-clamps-on-applicants-with-lots-of-recent-inquiries/

    Hope this helps.

  6. @Adam–I did some research and it appears this new Chase policy may only be for the Chase branded Freedom and Sapphire cards. People seem to be getting approved for the Chase co-branded cards such as Hyatt, United, etc.

  7. @scott- Hopefully that’s all it is.

  8. This new Chase policy is something that one of these bloggers needs to investigate and write about.

  9. Yea, I’ve been wondering how come none of them has even mentioned it at all considering the amount that it is being talked about now.

  10. It says 200$ cash back when I went to the site to apply, it didn’t say anything about 20,000 miles which I would much prefer, does anyone know for sure which one it is

  11. @roy–The Freedom card does not offer miles. It’s cash back. If you have the Sapphire or Ink cards you can then transfer the Freedom points to one of those cards where they can be used as Ultimate Rewards points. If you don’t have one of those, then it’s just cash back.