The Chase Freedom® card has a new limited time promotion offering a $100 Bonus after you make $500 in purchases in your first 3 months from account opening. In addition, you can earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period. As a rewards credit card it is better than the plain vanilla 1% cashback cards, with its 5% cashback on rotating categories like gas stations, restaurants and Amazon.com. 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). Details below…
Current 5% Cash Back Categories
From April 1st through June 30th, 2014 you get 5% back on qualifying purchases up to $1,500 in the following categories:
- Lowe’s home improvement stores
You must enroll each quarter at ChaseBonus.com. All other purchases do earn a standard 1%, with no tiers or expiration of rewards. No annual fee. If you’re interested in a bigger $400 sign-up bonus and human-with-no-hold-times on customer service (but no 5% cash back), check out the new Chase Sapphire Preferred Card.
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