Get 5x Miles at Restaurants & Wholesale Clubs This Summer (Costco)

Today is the first day to register your Chase Freedom to earn 5x Ultimate Rewards at restaurants and wholesale clubs this summer that you can transfer (circuitously) to United, Korean, British Airways, Southwest, Virgin Atlantic, Flying Blue, and Singapore miles.

The Chase Freedom is different than the new Chase Freedom Unlimited card, which I reviewed here.

If you register by September 14, 2016, your Freedom purchases will earn 5x on the first $1,500 spent at restaurants and wholesale clubs from July 1 to September 30, 2016.

Wholesale clubs will be a 5x category the rest of the year to

Last Day to Retroactively Earn 5 Airline Miles Per Dollar at Grocery Stores, Wholesale Clubs (Including Costco)

Tomorrow (June 14, 2016) is the last day to register your Chase Freedom to earn 5x Ultimate Rewards at grocery stores and wholesale clubs that you can transfer (circuitously) to United, Korean, British Airways, Southwest, Virgin Atlantic, Flying Blue, and Singapore miles.

This is different than the new Chase Freedom Unlimited card, which I reviewed here.

If you register by tomorrow, your Freedom purchases will earn 5x on those categories retroactively to April 1, 2016 (up the standard limit of $1,500 spent in the bonus category per quarter.

On June 15, you will have the chance to register for

Freedom vs. Freedom Unlimited. Better Card?

Chase recently launched the new Freedom Unlimited credit card at the same time that it offers the original Freedom card. Which is better?

First I’ll compare the cards for potential new applicants. I’ll break down the comparison by:

value of points
sign up bonus
everyday spending & category bonuses
annual fee

Then I’ll answer what types of people should keep one or the other.
Value of Points
The Chase Freedom and Freedom Unlimited earn Ultimate Rewards.

Two Steps from Freedom to Flying (The Freedom Two Step)

The Chase Freedom earns 1% cash back on all purchases and 5% cash back on categories that rotate quarterly.

At least that's how it is marketed, but in fact, the card earns points that can be converted to cash back or can be converted, through a process I call the Freedom Two Step, to much more valuable airline miles and hotel points.

The basic idea is that while the Freedom's Ultimate Rewards do not transfer to airline and hotel partners, if you have a Sapphire Preferred or Ink Plus, you can transfer the points to those cards' accounts, and from

5% Cash Back or 5x United Miles at Gas Stations

Chase Freedom is offering 5% cash back at gas stations and on local public transportation from January 1 – March 31, 2016. You must activate those category bonuses to earn the 5x, and you can do so starting December 15, 2015.

The Freedom markets itself as a cash back card, but it actually earns Ultimate Rewards that do NOT transfer to airline or hotel partners like United and Hyatt.

You can, however, transfer the Freedom’s Ultimate Rewards to your Sapphire Preferred or Ink Plus account or your spouse’s.

Get 5x at Amazon the Rest of the Year

Chase Freedom is offering 5% cash back at amazon.com, zappos.com, audible.com, and diapers.com from October 1 – December 31, 2015.

Sign Up for Freedom 5x at Gas, Then Transfer Your Points to United Miles

Chase Freedom is offering 5x Ultimate Rewards at gas stations and Kohl’s stores from July 1 – September 30, 2015. You must activate those category bonuses, and you can do so now.

(It’s too late to activate the 5x at restaurants that runs through June 30, but if you registered for that this quarter, you still have time to maximize it.

5x Per Dollar at Restaurants from April to June with Chase Freedom, Refer Friends to Get 50,000 More Points

From April 1 to June 30, you can earn 5 Ultimate Rewards per dollar using your Chase Freedom at restaurants. You must activate your bonus categories here to earn the 5x.

On top of that, Chase is offering 5,000 Ultimate Rewards for each person that existing cardholders refer to the Chase Freedom card.

Activate Your Freedom Category Bonuses to Earn 5x at Gas Stations, Movie Theaters, and Starbucks

Activate your Chase Freedom 5% cash back categories for 2014 to earn 5x Ultimate Rewards per dollar at gas stations, movie theaters, and Starbucks until March 31.

Each quarter, you can earn 5x Ultimate Rewards per dollar on your first $1,500 in the bonus categories as long you register your Freedom card.