During the month of March, charging a hotel or car rental reservation to your Chase Freedom or Freedom Unlimited Card will earn you 10 Ultimate Rewards per dollar spent. The cap on the promotion is $2,500, so the maximum Ultimate Rewards you can earn is 25,000 per card. To be clear, on the Freedom card you’ll earn 9 bonus points per dollar spent on top of the 1 point you already earn, and on the Freedom card you’ll earn 8.5 bonus points per dollar spent on top of the 1.5 points you already earn.
You don’t have to register for the offer, the only requirement is that you book your hotel or car rental via ChaseUltimateRewards.com.
Notice how that ad reads “10% cash back”. That’s because the Ultimate Rewards earned by the Freedom and Freedom Unlimited are technically different than those earned by the Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred. They can’t be transferred to airline or hotel partners directly. They can only be redeemed for cash or cash-like things at a maximum rate of 1 cent per point.
However, if you have an open Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred, then you can move your points earned by your Freedom or Freedom Unlimited to one of those accounts, and they become the kind of Ultimate Rewards that can be transferred to airline/hotel loyalty program partners. Redeeming Ultimate Rewards this way will garner much more than 1 cent of value per point.
The Freedom and Freedom Unlimited cards are both fantastic no annual fee cards that when paired with a premium Chase travel rewards card like the Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred, are valuable reward earning tools.
The Freedom comes with 15,000 Ultimate Rewards after spending $500 in the first three months & 2,500 Ultimate Rewards for adding an authorized user. The biggest perk of the Freedom is that you’ll earn 5x points on the first $1,500 in spending per quarter in rotating categories.
It’s one of the five Chase cards we recommend getting if you’re just starting out in this hobby.
Chase’s other “cash back” card, the Freedom Unlimited, earns a simple 1.5x on all purchases. I think the potential to earn more is higher with the Freedom card, but if you’d rather not bother with rotating category bonuses, than the Freedom Unlimited could be perfect for you. It currently comes with a sign up bonus of 15,000 Ultimate Rewards after spending $500 and another 2,500 Ultimate Rewards for adding an authorized user within three months of opening the card.
Downside of Booking Through Ultimate Rewards Portal
Generally when you book hotels or car rentals through the Ultimate Rewards travel portal, you forego earning any rewards you might earn booking a hotel directly with the hotel or a car directly with the car rental agency. I doubt what you’d earn via a hotel rewards or care rental rewards program would give you a better return than this promotion, but it’s still a factor you should be aware of.
Book a hotel or car rental reservation on your Freedom or Freedom Unlimited card any day in March through the Ultimate Rewards travel portal and you will earn 10 Ultimate Rewards per dollar spent.
The promotion is valid on purchases made March 1 through March 31 at 11:59 PM ET. You will not earn the 10x promo rate for award bookings, only paid ones.
Hat tip Dans Deals