Cash advances, including ATM withdrawals.Examples of cashlike transactions include: Like most credit card issuers, Chase distinguishes between purchases eligible to earn cash back and cashlike transactions, which aren’t cash-back-eligible. The Chase Freedom Flex card’s cash-back accounting is a bit technical, but there’s not much math involved. How Chase Tracks and Calculates Cash Back This is a big advantage over the otherwise very similar Discover it® Cash Back Card, which doesn’t have retroactive cash back. 14), all bonus category spending up to the quarterly category cap earns cash back retroactive to the quarter’s very first day. Log into your account or open the Chase mobile app and click “Activate” near the 5% cash-back icon.Īs long as you activate by the 14th day of the quarter’s last month (that’s March 14, June 14, Sept. To earn a 5% cash-back bonus on up to $1,500 in combined category purchases this quarter, you must manually activate your bonus cash back. How to Activate Chase Freedom Flex’s Bonus Cash-Back Categories Walmart and any purchases made via PayPal Gas stations, movie theaters, car rentals, select live entertainment Grocery stores excluding Target and Walmart, eBay Expect some to recur in 2023 and beyond: Quarter of 2022 Grocery stores excluding Target and Walmart, fitness club & gym membershipsįor historical perspective, these were Chase’s 5% bonus cash-back categories for 2022. With that in mind, this is what we know about Freedom Flex’s 5% cash-back calendar for 2023 so far: Quarter of 2023 That gives you some notice to plan big purchases in advance, but it’s not enough headway for annual planning. Here’s your cheat sheet to plan your bonus cash-back spending for the next couple quarters, plus a look back at the most recent quarters to give you an idea of what to expect farther in the future.Ĭhase Freedom 5% Cash-Back Calendar for 2023Ĭhase typically releases its 5% cash-back categories a month or two in advance of the quarter’s first day. These categories tend to be popular and broad: think “gas stations” and “home improvement stores” rather than “Valero” or “Home Depot.” These categories tend to recur over time, with favorites like “gas stations” appearing every year or two. The centerpiece of that 5% cash-back tier is a set of quarterly rotating bonus spending categories. That’s due in part to its distinctive rewards program, which pays up to 5% cash back on select purchases. The Chase Freedom Flex℠ Card is one of the most popular no-annual-fee cash-back credit cards on the market.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |