You can get the Chase Freedom Flex bonus of $200 by spending $500 in the first 3 months. This card, though, also gives 5% on up to $1,500 spent per quarter in bonus categories. Both Chase Freedom Flex bonuses are fairly easy to earn, but require some very specific steps to get them. And that may include doing a bit of waiting.
Here’s how to get each Chase Freedom Flex bonus:
Initial bonus: $200 for spending $500 in the first 3 months.
Quarterly bonus: 5% on the first $1,500 spent in bonus categories every three months. Cardholders must “activate” new categories every quarter.
It’s worth noting that while the Chase Freedom Flex bonus rewards are advertised as cash back, they’re actually points that you can trade for cash at a rate of 1 cent per point. The card’s bonus points can also be traded for gift cards or travel at a rate of 1 cent per point. Just remember to allow 1-2 billing cycles for Chase Freedom Flex bonus points to post to your account. If it’s been longer than that, you can always call the number on the back of your card to ask about it.
If you’re referring to the 5% cash back, you need to activate the rewards categories each quarter. If you mean the $150 bonus, you get it after you spend $500 in purchases in the first 3 months from account opening. The 1% cash back is automatic, you don’t need to do anything but use the card in order to get it.
What type of bonus are you thinking of ? If you're thinking of the intro bonus, you just have to spend $500 when you first get the card. If you're talking about the 5% bonus cashback, you can check out what qualifies as a bonus, and activate it through this link: https://creditcards.chase.com/freedom/calendar
Chase points are worth 1 cent per point in most cases. The main exceptions are points earned with the Chase Sapphire Preferred, Sapphire Reserve and Ink Business Preferred cards, which are worth 25% to 50% more when redeemed for travel through Chase Ultimate Rewards.
The easiest way you can redeem Chase rewards is online, but you can also do that over the phone at (800) 432-3117. You can redeem Chase rewards for gift cards, travel, statement credits and cash. Chase points are generally worth 1 cent each, regardless of what they’re redeemed for. If you’re redeeming for cash, you can also go to a … read full answerChase branch. You’ll get your money as a statement credit or as an electronic deposit to the bank account of your choice.
Here’s how to redeem Chase rewards:
Online: For online redemption, log in to your Chase account and go to the Chase rewards portal. From there, you’ll be able to book trips, buy gift cards, request statement credits, etc.
By phone: To redeem by phone, call Chase customer service at (800) 432-3117. Enter your account number to connect to a customer service representative. State that you want to redeem rewards.
At a Chase branch: You can request a statement credit or bank account deposit in exchange for your Chase rewards at any Chase branch. You just need your account number and a picture ID. But you won’t actually get cold hard cash on the spot.
Different Chase cards have different rewards programs. One card might give you the most rewards for travel, another for everyday purchases. So, you’ll want to pick a card with a reward structure that matches your lifestyle.
For all Chase cards in the Ultimate Rewards program, except Chase Freedom Flex℠ and Chase Freedom Unlimited®, you can also transfer Chase points to 14 airline and hotel loyalty programs at a 1:1 ratio. Whether or not that’s a good deal depends on the value of the loyalty program’s miles. Chase travel partners include United, British Airways, Southwest, IHG, Marriott and others.
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