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You can get 20,000 Chase Ultimate Rewards points or $200 cash back on the Chase Freedom card after spending $500 in the 1st 3 months. But you have to hurry because this offer ends June 30, 2014!
Normally, the sign-up bonus is 10,000 Chase Ultimate Rewards points or $100 cash back. So this is a good deal!
Chase Freedom Card
Link: Chase Freedom Card
The Chase Freedom is 1 of my favorite cards to keep for a long time because it has no annual fee. So you can build a long relationship with Chase (which has the best miles and points cards) and also build your credit score.
Each quarter, there are different bonus categories, so you can earn an additional $300 cash back or 30,000 Chase Ultimate Rewards points a year (7,500 Chase Ultimate Rewards points per quarter X 4 quarters in a year) IF you spend $1,500 in each quarterly bonus category.
For this quarter (until June 30, 2014), the bonus spending categories are restaurants and Lowe’s home improvement stores. You can activate next quarter’s bonus categories for shopping at gas stations and Kohl’s department stores.
You can redeem the points earned for cash back (5% cash back isn’t too shabby and some folks prefer cash back).
Or you can transfer the Chase Ultimate Rewards points to the Chase Sapphire Preferred, (no longer offered) Chase Ink Bold, or Chase Ink Plus cards and from there to certain airline or hotel partners such as Hyatt, Southwest, British Airways, or United Airlines.
Here are step-by-step instructions on how to transfer Chase Ultimate Rewards points from the Chase Freedom to a card which allows you to transfer them to certain hotels and airlines!
You can get 20,000 Chase Ultimate Rewards points or $200 cash back on the Chase Freedom card after you spend $500 in the 1st 3 months. This offer ends June 30, 2014!
Usually, the sign-up bonus is 10,000 points, so this is a very good deal!