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INSIDER SECRET: If you pool the Chase Ultimate Rewards points you earn with the Chase Freedom® onto a Chase Sapphire Reserve®, each point is worth 1.5 cents each toward travel book through the Chase travel portal. So you’re effectively earning 7.5% back in travel rewards for your quarterly bonus category spending.
Details for the new Chase Freedom bonus categories for the third quarter of 2019 are out, and you’ll earn 5% cash back (5X Chase Ultimate Rewards points) on gas station and streaming services purchases (on up to $1,500 in combined purchases). If you make the most of this deal you can earn $75 cash back (7,500 Chase Ultimate Rewards points).
The new bonus categories will be available on qualifying purchases made between July 1 and September 30, 2019. Through June 30th, can still earn 5% cash back on up to $1,500 in combined purchases at grocery stores and home improvement stores.
Chase Freedom Bonus Categories
You can activate the second quarter bonus until June 14 and the bonus will apply for all of your purchases from April 1, 2019. Starting June 15, 2019, you’ll be able to activate the third quarter bonus categories.
The Chase Freedom card is great because you can pool the points you earn with a Chase Sapphire Preferred® Card, Ink Business Preferred℠ Credit Card or Chase Sapphire Reserve® and transfer them to airlines and hotels. If you make the most of your spending every quarter, you can earn $300 per year (30,000 Chase Ultimate Rewards points) in bonus category spending alone (four quarters X $75 per quarter).
If you have the Chase Sapphire Reserve® you could pool your points on that card which are then worth 1.5 cents each toward travel booked through the Chase Travel Portal. So that extra $300 in cash back each year could be used to pay for $450 in flights, rental cars, or hotels.
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