Updated. Sign-up bonus increased to $150. New 10% back at Amazon from 11/23 to 12/31/15. Registration required. The Chase Freedom® – $150 Bonus is a popular rewards credit card. What makes it unique is the combination having no annual fee and the ability to get 5% Cash Back on up to $1,500 in combined purchases in bonus categories each quarter.
Here are the highlights:
- Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
- Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period.
- 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99-22.99%
- Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
- Enjoy new 5% categories every 3 months like Gas Stations, Restaurants, and Select Grocery Stores
- Unlimited 1% cash back on all other purchases – it’s automatic
- Cash Back rewards never expire as long as your account is open
- No Annual Fee
Note the following text regarding the sign-up bonus eligibility:
This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.
2015 5% Cash Back Categories
From October 2015 through December 2015:
Activate each quarter at ChaseBonus.com, via your online account page, or call the number on the back of the card. The categories usually include at least one big-spending area, and seem to go with the seasons (home improvement for spring, gas and travel for the summer). This is another “keeper” card for me, as I can keep it around and use it when the bonus categories fit my spending needs.
Added: Chase Freedom has a new limited-time promotion where you can get 10% back on purchases at Amazon.com, Zappos.com, Audible.com and Diapers.com. Valid from 11/23 to 12/31/2015. If you’ve already activated for the 4th quarter of 2015, no additional activation is required. Otherwise, you must activate by December 14, 2015. I say just try to be on the safe side. 😉 Fine print:
During the promotional period of November 23 until December 31, 2015, earn an extra 5% cash back (for a total of 10%) on up to $1,500 in new combined purchases at Amazon.com, Zappos.com, Audible.com and Diapers.com. To earn this extra 5%, your current quarterly bonus maximum dollar amount for earning will reset on November 23, 2015 so you can earn a total of 10% on up to $1,500 on new combined purchases in the listed bonus categories. If you’ve already activated for this quarter, no additional activation is required. Otherwise, activate by December 14, 2015. As long as you’ve activated by December 14, 2015, qualifying bonus category purchases on up to $1,500 from October 1 – November 22, 2015 will earn 5%, and qualifying bonus category purchases on up to $1,500 from November 23 until December 31, 2015 will earn 10%.
Want to lock in the 10%. Just buy Amazon.com gift cards in any denomination.
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