Chase Freedom Black Friday: 8% Cash Back Promo

I know a lot of folks have some version of the Chase Freedom Visa or Mastercard, whether from farther back or recently for their $100 cash promo offer or their rotating 5% rewards.

Just got a note that they are offering 8% cashback on select stores from 11/26 to 11/30. The Apple store usually only discounts prices on Black Friday, so in combination this could be a good deal if you were planning a Mac purchase anyway. Some other big names on their list as well. (Insert warning about not spending too much during holidays here.)

We are excited to announce a special, limited-time promotion for existing Chase Freedom cardholders!

For 5 days only, Chase Freedom cardholders can earn 8% bonus cash back for every dollar spent when shopping at the following select merchants: Apple Online Store, Gap, Toys “R” Us, Barnes & Noble, Dick’s Sporting Goods, Sears and Macy’s. This promotion is valid from November 26th through November 30th.

Comments

  1. That sounds like a really good deal – IF you pay your balance in full and don’t carry a forward balance.

    I imagine the expectation is that Chase will make money on the promo when cardholders carry balances and pay Chase more in interest than the cash they got back in the first place.

  2. Discover card has this beat with 10%-15% cash back at popular online stores including Best Buy, Home Depot, Bloomingdale’s, Kohl’s Macy’s, Drugstore.com, JCPenney, Sears, Lord & Taylor, etc.

  3. I also use Upromise, so I usually get 3-5% additional cash back with many of my online purchases. I love my Discover + Upromise stack!

  4. Ken in Georgia says:

    I like Chase because, as I have previously posted, my card gives me 1% back on regular purchases without requiring me to meet spending tiers. That, combined with their 5% back rotating categories, I feel makes it a superior deal to Discover. However I have noticed that Chase takes their sweet time (6-8 weeks in the fine print) in posting the bonus points from the 5% categories to my account. Discover is better in that regard. They typically post in the cycle I earn the bonus, or at least by the next one.

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