5X Ultimate Rewards Points (or 5% Cash Back) on Gas, Movies & Coffee! [EXPIRED]

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5X Ultimate Rewards Points (or 5% Cash Back) on Gas, Movies & Coffee! [EXPIRED]

Million Mile Secrets5X Ultimate Rewards Points (or 5% Cash Back) on Gas, Movies & Coffee! [EXPIRED]Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

What do movie theaters, gas stations, and Starbucks have in common?

Nothing really, except that you can get 5X Ultimate Rewards points or 5% cash with your Chase Freedom card in January, February and March 2014!

Chase Freedom

Link:   Chase Freedom

Link:   Activate 5% Category for January to March 2014

I love the Chase Freedom because it’s really easy to earn 5 times the number of Ultimate Rewards points (up to $1,500 or 7,500 points a quarter) on purchases which Emily and I normally make.

The Chase Freedom is a fee-free card so you’ll want to keep it for a long time which helps increase your credit score and builds a history with Chase which often has the best credit card offers.

The sign-up bonus used to be 20,000 points, but is now lower.  If you have a Chase Sapphire Preferred card, you can call the number at the back of the card to downgrade to the fee-free Chase Freedom.  You won’t get the sign-up bonus, but the value of the Chase Freedom is in using it for the 5X categories.

You can redeem Ultimate Rewards points for cash back (5% cash back isn’t too shabby).  Or you can transfer your points to the Chase Sapphire Preferred, (no longer offered) Chase Ink Bold, or the Chase Ink Plus and from there to airline or hotel partners such as Hyatt or United.

The biggest benefit of the Chase Freedom credit card is the quarterly bonus categories which offer a 5% bonus up to $1,500 or an extra 7,500 Ultimate Rewards points per quarter for spending in those categories.

Redeeming Discover Cash Back For Travel Gift Cards Is It A Good Deal
You Can Earn Up to 30,000 Chase Ultimate Rewards Points ($300 Back) If You Take Full Advantage of the 5X Points Categories Each Quarter With the Chase Freedom

You have to activate each quarter’s category bonuses in advance to earn the 5X extra points.  This quarter’s bonus categories are movie theaters, gas stations, and Starbucks.  You can active your first quarter bonus now and have to do so before March 14, 2014 to get the 5X points.

You’ll get the 5X bonus for all spending up to $1,500 a quarter even if you activate the bonus on the very last day!

You can sign-up for reminders on the Chase website, and I’ll also remind you!

You can earn 30,000 Ultimate Reward points a year by spending $6,000 ($1,500 X 4 quarters) in the specific bonus categories.

Transferring Ultimate Rewards Points to Hotels and Airlines

Ultimate Rewards points from the Chase Freedom can’t be transferred directly to air and hotel partners.

But if you have a Chase Sapphire Preferred, the Chase Ink Bold or Ink Plus, you can combine Ultimate Rewards points from the Chase Freedom.

Here are step-by-step instructions on how to transfer points from the Chase Freedom to a card which allows you to transfer the points to hotels and airlines.

5X Ultimate Rewards Points Or 5% Cash Back On Gas, Movies And Coffee
You can Transfer Ultimate Rewards Points From Your Chase Freedom Card to Other Ultimate Rewards Cards and Then Transfer to Airlines or Hotels!

You can transfer points to air and hotel partners such as United, British Airways, Southwest, Hyatt, Marriott, Ritz Priority Club, Korean Air, and Amtrak at a 1:1 ratio.

Bottom Line

You can earn 30,000 Ultimate Rewards points a year when you max out the Chase Freedom bonus categories each quarter.  But don’t forget to active your bonus categories!

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Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Daraius,

I read on one of your blogs that you could downgrade your Chase Sapphire Preferred card to the Chase Freedom card. So since the annual fee is coming up on my card, I called to do this. They suggested that I should downgrade to the regular Chase Sapphire card. Then if I needed to transfer points again to a partner, I could upgrade back to the Chase Sapphire Preferred card and the annual fee would be waived for the first year again. Since it is good for your credit score to keep cards open for longer, it seems like it would be good to keep downgrading and then upgrading especially if the first year annual fee is always waived. From your experience, are you able to do this? It just sounds a little too easy.

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Million Mile Secrets

@Big D – You can downgrade to either the Chase Freedom or the Chase Sapphire, and later reapply for the Sapphire Preferred if you need it. Downgrading lets you keep the credit history associated with the card.

Be very careful about what is a gas station, and you might even be able to take advantage of a few misclassifications : http://patrickstravelogue.blogspot.com/2014/01/what-is-chase-freedom-gas-station.html

@ Tommy Z To find out what VR is, and why it is so good, Google “million mile secrets vanilla reload”

As for reapplying for the Sapphire, see my comment listed as 2:26 pm

What is “VR” and why is it so good? Is it cash equivalent?

To echo what some other people already mentioned here, I had a Sapphire but I canceled it a while back, so I’m also wondering if anybody has first hand experience on how long is required to sign-up again and get another bonus.

I can attest that agent that stated 5% is only at pump is dead WRONG. I use 7/11 that does not sell gas and gets coded as gas no matter what I buy, including GC.The 7/11 in my area do not take CC for VR, but do for other GC.

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