Can I get 5% cash back with my Chase Freedom card at Walmart?

Chase Freedom works at Costco because it is on the Visa network. Costco only accepts Visa cards at its stores. Costco previously accepted only American Express cards until 2016, when it made the switch to Visa.

The Chase Freedom card offers at least 1% cash back on all purchases, up to 5% back on $1,500 spent in special bonus categories each quarter. The Q4 2018 bonus categories included wholesale clubs, such as Costco. Chase Freedom’s 5% Costco rewards rate is not guaranteed to return because the card’s bonus categories are not the same year to year. Keep that in mind if you’re comparing new cards to apply for.… read full answer

On that note, an even better credit card than Chase Freedom for Costco purchases is the Costco Anywhere Visa, the store’s own co-branded card. Issued by Citi, the Anywhere Visa offers 2% cash back at Costco, 3% back on dining and travel, and up to 4% back on gas. Plus, its annual fee is $0.

The Chase Freedom Flex℠ 5% bonus categories are Wholesale clubs, internet, cable & phone services, and select streaming services from January through March 2021. The Chase Freedom Flex℠ calendar for 5% cash back categories in 2022 has not been released yet.

Just bear in mind that the bonus categories on Chase Freedom Flex℠’s calendar don’t always repeat year over year. It’s also important to note that any purchases in these categories above the $1,500 limit will give 1% cash back. The same 1% rate goes for all purchases outside of the Chase Freedom Flex℠ bonus categories.… read full answer

Chase Freedom Flex℠ Calendar for 2021

• Q1 2021: Wholesale clubs, internet, cable & phone services, and select streaming services
• Q2 2021: Coming soon
• Q3 2021: Coming soon
• Q4 2021: Coming soon

In order to earn 5% cash back in the Chase Freedom Flex℠ bonus categories each quarter, you will need to “activate” the category. The deadline to activate is typically halfway through the final month of the quarter. Luckily, as long as you activate before the deadline, all purchases in the bonus categories during the quarter will get 5% cash back, even if you made them before you activated. You can activate through your online account, through the Ultimate Rewards website, by visiting a Chase branch, by calling the number on the back of your card or at an ATM.

It’s important to note that the Chase Freedom Card is no longer available to new cardholders, having been replaced by the Chase Freedom Flex℠. However, existing Freedom cardholders can continue using their cards, and both Freedom and Chase Freedom Flex℠ have the same bonus categories.