This is just a quick reminder that it’s time for Chase Freedom cardholders to sign up for the summer bonus categories. As you may recall, this card offers 1% cash back on all purchases with an additional 4% (5% total) in rotating categories.
The categories for July-September are gas stations and restaurants. If you’ve signed up for auto-enrollment, there’s nothing more to do. But if you weren’t eligible for that offer, you’ll need to visit the Chase website to enroll. And while you’re at it, mark your calendar for September 15th, which is when the fall enrollment period opens up.
You should also keep in mind that you can redeem your rewards for an extra 10-20% if you’re willing to choose gift cards from select stores. The best deal going that last time we talked about this was Land’s End, which offers a 20% bonus and can be redeemed at Sears or K-Mart. Aside from that, the 10% bonus at Amazon is pretty attractive.
Don’t forget the $100 bonus…
If you don’t already have the Chase Freedom Visa card, you can get a $100 cash bonus by applying for one, getting approved, and spending $500 within the first three months, and there’s no annual fee. Technically, you’ll get 10, 000 points, but you can easily redeem these for a $100 check or statement credit.
For what it’s worth, we’ve had this card for years and have never had any problems getting Chase to hold up their end of the bargain. You just login, request the check, and it shows up in your mailbox within a week or so.