January 8, 2017

Earn 5x on Gas and Uber

I've written about the Chase Freedom card a number of times including post about the 5x category (restaurants) last quarter.  Freedom is one of the best "fee free" cards on the market.  While the card is marketed as a cash back card, if you have another Ultimate Rewards earning card (such as an Ink business card or a Chase Sapphire Preferred/Reserve card) you can transfer the cash back points earned to your Ultimate Rewards earning card.  You can then use those points to transfer to a variety of travel partners (British Airways, United Airlines, Hyatt, etc..) which provide far more value then simply redeeming for cash back.



Chase Freedom provides a quarterly bonus where you can earn 5x cash back (and ultimately 5x Ultimate Rewards) on up to $1,500 in spend per quarter.  During Q4 the bonus categories included department stores, warehouse clubs, and drug stores.  While we didn't max out, we certainly picked up some extra UR points for holiday shopping we would have done anyway.   

Registration/activation is open for Q1 which offers 5x at gas stations and local commuter transportation.  We don't spend a ton of money on gas but should be able to get a ton of value out of these categories given our Uber/Lyft/Car2Go spend.  Not sure we'll max the $1500 on either card but this should still generate some extra UR points this quarter.

1 comment:

  1. Was seriously hoping they'd keep Costco on for this year....sad to see they didn't!

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