If you only apply for credit cards that offer a generous signup bonus, you’re going to want to act fast. Until Dec. 17, 2015, the Chase Freedom® - $200 Bonus is offering: Get a $200 Bonus after spending $500 on purchases in your first 3 months from account opening.. That means you have until tomorrow to score this card while its signup bonus is double the usual offer.
Unfamiliar with the Chase Freedom® - $200 Bonus and not sure what all the fuss is about? Take a look at the details below – the Nerds will tell you everything you need to know about this great card.
Why the Chase Freedom® - $200 Bonus credit card offer rocks
In addition to its limited-time signup bonus offer, there’s a lot of other stuff to love about the Chase Freedom® - $200 Bonus. With it, you’ll earn 5% cash back in rotating quarterly bonus categories, up to $1,500 spent per quarter. You’ll also earn unlimited 1% cash back on all of your other spending.
When it comes time to redeem your rewards, you’ll have a lot of options. You can purchase gift cards, get a statement credit or direct deposit into your bank account, or even head over to Amazon.com to do some shopping.
But if you also have the Chase Sapphire Preferred® Card, there’s actually another way you can cash in on your rewards: Because the Chase Freedom® - $200 Bonus earns Chase Ultimate Rewards points, you can move them to your Chase Sapphire Preferred® Card account and use them for travel. And remember, the Chase Sapphire Preferred® Card allows you to transfer your points to participating frequent traveler programs. This strategy is a great way to make those 5% bonus categories go the distance.
Finally, remember that all these stellar perks come at an annual fee of $0. This makes the Chase Freedom® - $200 Bonus an economical addition to your wallet.
Chase Freedom® - $200 Bonus 5% bonus categories for 2015
Earning 5% cash back in rotating quarterly bonus categories is all well and good if those featured retailers are places you actually shop. Luckily, the Nerds got a sneak peek at the Chase Freedom® - $200 Bonus’s 5% merchants for 2015 – Chase hasn’t released all the details yet, but this will give you a pretty good sense of where you can expect to earn bonus cash back next year:
- Q1 (January-March) – Grocery stores, Starbucks, movie theaters
- Q2 (April-June) – Restaurants (and more)
- Q3 (July-September) – Gas stations (and more)
- Q4 (October-December) – Amazon.com (and more)
Is the Chase Freedom® - $200 Bonus right for you?
The Chase Freedom® - $200 Bonus is one of our favorite cash back cards because so many consumers can benefit from what it has to offer.
If your spending aligns with its 5% categories, or you have the Chase Sapphire Preferred® Card and want to maximize your rewards earning, or you’re simply looking for a high-value, low-cost card, we say go for it. But again, be sure to move fast – that killer signup bonus offer will be gone before you know it!
Image via iStock
The post Chase Freedom®: A Killer Credit Card Offer is Ending Tomorrow! appeared first on NerdWallet Credit Card Blog.
Source Article http://ift.tt/1y39EC7
0 comments:
Post a Comment