Chase Freedom Expands 5% Cash Back Categories to Include Walgreens, Lyft and Gas Stations
Chase Freedom is adding new cash back categories for the summer. From July 1 through September 30, users can earn 5% cash back at Lyft, Walgreens, and gas stations.
The offer is valid on up to $1,500 worth of combined purchases, with a maximum of $75 in cash back rewards. After that threshold, purchases are worth 1% cash back. The rewards do not expire, and there is no redemption minimum.
To take advantage of the extra rewards, users must activate the quarterly category. The offer for the second quarter (April 1 through June 30) provides 5% cash back on PayPal and grocery transactions. Chase has a quarterly calendar published so cardholders can keep track of upcoming offers. Users may also set calendar reminders so they can remember to activate the next category of rewards.
Fuel and ride-shares are fitting rewards categories for the summer, since many users will be on vacation. By comparison, the Discover It card is offering 5% cash back for restaurant purchases this summer, and the Citi Dividend card is offering 5% cash back for airlines and movie theaters.
If you are looking for a cash back credit card that does not have rotating rewards, consider the Capital One Savor card. It offers 4% cash back on dining and entertainment, 2% cash back on grocery store purchases, and 1% cash back on all other transactions. These rewards are available all year long. There is an annual fee of $95 that is waived during year one.
The information for the Chase Freedom has been collected independently by LowCards.com. The product details on this page have not been reviewed or provided by the bank advertiser.