Chase Freedom Rewards $50 Signup Bonus
Update: This offer is no longer available. If you’re looking for a hot deal, be sure to check out these other credit card promos.
This is just a quick note to let you know that the Chase Freedom $50 signup bonus may be going away this Friday (October 24th). So… If you’re looking for an excellent reward card (and a bit of free cash) you should definitely check it out.
For background, the rewards on this card follow a flexible 3%/1% structure that pays 3% cash back in the three “everyday” categories where you spend the most each month (see list below) with other purchases earning 1% cash back. Sounds good, but it’s actually more generous than that…
If you save up $200 in rewards before requesting your cash back check, they’ll give you $250. That’s a 25% bonus, which effectively turns the rewards into 3.75% on your top three categories and 1.25% on everything else.
Curious as to what’s available in terms of “everyday” categories? Here’s the list:
- Gas Stations & Convenience Stores
- Grocery Stores
- Quick Service & Fast Food Restaurants
- Utilities (Gas, Electric, etc.)
- Drugstores
- Cable/Satellite TV & Internet Providers
- Department Stores
- Pet Stores & Veterinarian
- Phone/Cell Phone Bills
- Movie Theatres
- Gym Memberships
- Beauty Salons & Spas
- Movie Rentals
- Dry Cleaners
- Local Commuting
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Oh really? Where did you come across this news?
I have contemplated getting this card for a really long time now. I even heard that the card had a $250 sign up bonus way back in the day! I’ve been hesitant because I have a personal limit to the number of credit cards I own. It’s a quirky self-rule but if I am to open a new credit card, I have to close a current one for self-justification purposes. I really do like my current cards a lot though, so I might end up breaking my rule for this one time. It’s a short turnaround so I’ll have to decide quickly!
Thanks for update though!
Comment by Eric N. — Oct 22nd 2008 @ 11:26 pm