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Update: This offer is no longer available. Check our Hot Deals for the latest offers.
The Chase Freedom card, currently has an increased sign-up bonus of 20,000 Chase Ultimate Rewards points ($200) when you complete the minimum spending requirement.
That’s 10,000 more points ($100) than the usual sign-up bonus for this card. But you’ll have to apply by June 24, 2015.
I’ll explain why this is 1 of my favorite cards!
What’s the Deal?
Link: Chase Freedom Card 20,000 points ($200) Cash Back Offer
You can earn 20,000 Chase Ultimate Rewards points ($200) when you sign-up for the Chase Freedom card and spend $500 on purchases within the 1st 3 months of opening your account.
Plus, you’ll get 5X points (on up to $1,500 in spending) on rotating categories each quarter. Next quarter you can earn 5X points at gas stations and other locations through September 30, 2015. As long as you activate the bonus by September 14, 2015.
If you spend the full $1,500 in qualifying categories you’ll earn 7,500 Chase Ultimate Rewards points each quarter and 30,000 Chase Ultimate Rewards points each year (7,500 Chase Ultimate Rewards points per quarter X 4 quarters).
Plus, there’s NO annual fee, so you never have to cancel this card. And it’s a great way to build a long-term relationship with Chase, which has some of the best miles and points earning credit cards available.
So the Chase Freedom is a card that I hang onto!
Transfer Your Points to Travel Partners With Other Chase Ultimate Rewards Cards!
If you have the Chase Ink Bold (no longer available), Chase Ink Plus, or Chase Sapphire Preferred, you can transfer the points you earn from your Chase Freedom card to partners such as United Airlines and Hyatt.
By transferring your Chase Ultimate Rewards points to travel partners, the 20,000 point sign-up bonus can be worth much more than $200!
For instance, with 20,000 Chase Ultimate Rewards points, you could get a free night at the Park Hyatt Buenos Aires.
You can earn 20,000 Chase Ultimate Rewards points ($200) with the Chase Freedom card when you sign-up and spend $500 on purchases within the 1st 3 months of opening your account.
And those points are worth even more than $200 when you transfer them to a card like the Chase Sapphire Preferred and then to an airline or hotel partner.
But this deal ends June 24, 2015. After that, the bonus is likely to be reduced in half to the usual 10,000 Chase Ultimate Rewards points ($100).