The Chase Freedom has a rotating calendar of 5% award categories. Each quarter the categories change, and once you activate you’re all set to begin earning 5% back on all purchases up to $1,500. Meaning that if you can maximize the value of this you’ll earn a cool 7,500 Ultimate Reward points. For those who use the points as cash back that equates to $75, however if you have a premium card like the Sapphire Preferred or the Sapphire Reserve you’ll be able to earn even more by combining your Freedom balance with those balances. Once combined, you can use your points towards travel and get a 25 or 50% bonus respectively through the UR portal. Or you can opt to transfer to airline partners for even greater value. For more information on how to combine your balances, click here.
Q3 Award Categories
The 5% reward categories for the period starting July 1 and ending on September 30, 2018 are; gas stations, Lyft, and Walgreens. Note that Duane Reade purchases (for NYC folks) will count toward the 5% bonus. Earning the bonus is as simple as using your Freedom card at any gas station, lyft, or Walgreens. For Lyft this means you’ll want to hookup your Freedom as the default payment method.
Note: you must also activate the bonus within your Chase account in order to earn the bonus points. Don’t worry if you don’t activate before July 1, you can activate anytime between July 1 and September 14 and the bonuses will be applied retroactively.
How to Activate the Chase Freedom Bonus Categories
Chances are you received an email telling you to activate, but if you missed it, or have emails turned off we’ll show you to how to activate from within your Chase.com account. First, head over to Chase.com and login, then click on the Ultimate Rewards tab on the left hand side of the screen. If you have multiple Chase UR cards, you’ll be prompted to select the one for which you’d like to access the portal. Click on your Freedom card. After that, you should be taken to the Freedom’s UR homepage where there will be a button to “Activate with 1 Click”. Go ahead and click on that, and you’re all set! You’ll begin earning 5 points per $1 spent on the bonus categories for the duration of the promotional period.