Don't miss out! Join the thousands of people who subscribe to our once-daily email with all the best travel news

chase-freedom-categories-2015-freedom-logoThe Chase Freedom is a great card to have, and one of the reasons is that it’s a no-fee card that still earns valuable Ultimate Rewards. Also, if you have a premium Chase card (such as the Sapphire or the Chase Ink card) that you want to cancel, you can transfer it down into a Freedom (and keep your Ultimate Rewards points). Just make sure that you transfer your points to a card you’re going to keep BEFORE you cancel!

(SEE ALSO: Transferring Chase Ultimate Rewards between accounts before closing an account)

If you just have say, a Sapphire card, and you cancel it, then your Ultimate Rewards points are just gone! Obviously that’s not what we want to happen, so downgrading to a Freedom is an option. Now one disadvantage of not having a premium Chase card is that you can’t transfer your points to Chase’s partners (like United, Southwest and others).

(SEE ALSO: Chase Ultimate Rewards: 5 reasons I think they’re the best miles out there)

Another downside is if you already HAVE a Freedom card (because you downgraded from an Ink or Sapphire) is that you’re not eligible for a signup bonus.

Quarterly Chase Freedom categories – 2015

The other nice part of the Freedom card is that they have quarterly bonuses, where each quarter, you earn 5% back in a select number of categories. This quarter is 5% on Grocery stores (not including Walmart or Target), Movie Theaters and Starbucks stores.


As you can see, the Chase Freedom categories bonus for 2015 Q1 is at Grocery Stores, Movie Theaters and Starbucks. Remember that the bonus is good on the first $1500 of spending, so up to 7500 Ultimate Rewards. Any spending you do over and above $1500 will just earn the regular 1%.

The link to activate your Chase Freedom 5% is right here!

As you’ll see from the graphic above, the last day to activate the Q1 bonus is March 14th which is…. today!  If you haven’t already activated your Chase Freedom, today is the day to do it.  You still have till the end of March to actually SPEND up to $1500, but you’ll need to activate it today, or miss out on your (up to) 7500 Ultimate Rewards points.


Sign up for our once-daily email with the latest tips and tricks on how to travel for free / cheap. 

You have Successfully Subscribed!