The Chase Freedom is a great card to have – it accrues valuable Chase Ultimate Rewards, and although you can’t transfer your Ultimate Rewards to transfer partners without a premium card like a Sapphire or Ink, you do have the option of earning 5% on rotating categories each quarter
New Chase Freedom offer
The typical bonus for the Chase Freedom is 10,000 Ultimate Rewards points (which Chase insists on calling $100), but I’ve seen the bonus go as high as 20,000 Ultimate Rewards. Chase has currently upped the bonus to 15,000 Ultimate Rewards after spending $500 in the first 3 months, with an additional 2500 Ultimate Rewards for adding an authorized user and having them make a purchase in the first 3 months as well.
But, they’ve added an additional bonus for the holidays – you can earn 10% (instead of 5%) from November 23 – December 31st
The best part about this is that you can actually earn the bonus on $1500 TWICE. From the terms
- 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
Doing the math for 40,000 points
- 15,000 points as a signup bonus
- 2,500 points for adding the authorized user
- 7,500 points for spending between now and November 22nd (5x on $1500)
- 15,000 points for spending between November 23rd and December 31st (10x on the NEXT $1500)
Now, granted, to get the complete 40,000 points, you’d have to apply, get approved AND get your card in the next 4-5 days, so that might be a bit of a stretch. But even 32,500 points as a bonus is a pretty good deal for the Chase Freedom card!
If you’re someone who signs up for many credit cards – you’re probably not going to be able to get this card.
According to the current credit card rules and best practices, Chase is denying applications for the Chase Freedom and Chase Sapphire card to anyone who has more than 5 new accounts open in the past
24 hours EDIT: 24 months (from any bank). So I know that I won’t be eligible for instance, but that’s okay. I’ve earned a “few” more than 50,000 points from credit card welcome offers over the past few years… 🙂
Where to get the Chase Freedom offer
Also, you should know that you have different options if you want to apply for a Chase Freedom card. Nearly all of the blogs that are talking about this increased offer also make money if you apply for the Chase Freedom offer through links on their website. I don’t think there’s anything wrong with that, but I do feel that it is important as a consumer to know if the person recommending the card also makes money from you if you act on it!
You can use this link to apply for the Chase Freedom 15000 point offer to support Points With a Crew (and if you do, I thank you!). Most other blogs will also have links if you prefer to support them.
There are also Chase Freedom refer a friend offers active, so if you have a friend with a Chase Freedom card, you can ask them (and they will get 5000 Ultimate Rewards for referring you)
There is also a public link for the Chase Freedom 15000 point offer on Chase’s website, if you want to support nobody (I guess that supports Chase? :-D)