Start Earning 5X Points (5% Cash Back) at Restaurants and Lowe’s With Chase Freedom

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Start Earning 5X Points (5% Cash Back) at Restaurants and Lowe’s With Chase Freedom

Million Mile SecretsStart Earning 5X Points (5% Cash Back) at Restaurants and Lowe’s With Chase FreedomMillion Mile Secrets Team

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You can now earn 5X Ultimate Rewards points (5% cash back) at restaurants and Lowe’s home improvement stores when you use your Chase Freedom card.

You’ll earn the bonus for up to $1,500 in purchases this quarter, for a maximum of 7,500 Chase Ultimate Rewards points or $75 cash back.

But you have to activate the bonus to earn the extra points.  You can activate any time until June 14, 2014, and still get bonus points for all your spending this quarter.

What’s the Chase Freedom Card?

Link:   Chase Freedom

Link:   Activate the Chase Freedom 5X Categories 

Emily and I love the Chase Freedom card because it’s easy to earn 5X the number of Ultimate Rewards points (up to $1,500 or 7,500 points a quarter) for purchases we would make anyway.  You now get an extra 2,500 points for adding an authorized user who makes a purchase within 3 months.

The 5X bonus categories change every quarter.  If you spend $6,000 a year ($1,500 X 4 quarters) you’ll get 30,000 Ultimate Rewards points or $300 cash back.

The Chase Freedom is a fee-free card, so it’s a good card to keep for a long time.  This can increase your length of credit history and improve your credit score.

Start Earning 5X Points 5% Cash Back At Restaurants And Lowe's With Chase Freedom
Improve Your Credit Score By Keeping Fee-Free Cards Long Term

You can redeem the points earned for cash back, or transfer points to the Chase Sapphire Preferred, Chase Ink Bold, or Chase Ink Plus.  From there, you can transfer points to airlines and hotels like United, Southwest, Hyatt, and IHG hotels.

Start Earning 5X Points 5% Cash Back At Restaurants And Lowe's With Chase Freedom
Transfer Ultimate Rewards Points to Hyatt and Stay at the Hyatt Regency Maui

Double Dipping Is OK!

Don’t forget to register your Chase Freedom card with your favorite Rewards Network dining program to earn even more miles and points when you eat at participating restaurants!

Start Earning 5X Points 5% Cash Back At Restaurants And Lowe's With Chase Freedom
Earn Extra Miles and Points With Your Favorite Airline or Hotel

And folks report using the Chase Ultimate Rewards shopping portal to earn extra points at Lowe’s for online purchases.

Bottom Line

Today is the 1st day to start earning 5X points (5% cash back) at restaurants and Lowe’s using your Chase Freedom card.  But you have to activate the bonus before June 14, 2014, to get the points.

What will you do to make the most of this quarter’s bonus?

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Do you know if the dining bonus applies to fast food restaurants?

Is it $6000 a year or 6000 points?

Also keep an eye out for Chase coupons ($50-250) for opening a checking account. I got $200 deposited to my account plus if you are a veteran there are no checking account fees. Love Amex but Chase just keeps winning me over more and more.

Thanks for the info. That’s even better than 7% dividend bonus from CSP. Not sure if you guys notice but sometimes if you go to the portal via Chase Freedom it gives you more extra points than CSP, e.g. Polo Ralph Lauren give freedom 5 points but only 3 point for CSP.

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Million Mile Secrets

@Kin – You have to go to a Chase location to open the account, but can stay in a state with no Chase branch. When we were in Kansas, I opened an account in Illinois! I believe you get the bonus on the 5X categories as well.

@Kin,

Generally it’s not possible to sign up unless you’re in their service area. But it doesn’t hurt to try. Yes the 10% bonus will apply to both.

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