Chase Freedom 5% Categories for Q3 2024

Chase Freedom 5% Categories for Q3 2024

Chase Freedom and Freedom Flex are great products to have in your wallet. They have no annual fee and earn Ultimate Rewards points when you have another Chase premium card. They also have 5% quarterly categories, which can be a good way to rack up rewards.

Now the Chase Freedom bonus categories have been revealed for Q3 2024. These are good categories, which Freedom and Freedom Flex cardholders can definitely use to earn extra points.

Chase Freedom Cards

The Chase Freedom and Freedom Flex cards earn 1% on all purchases but also 5% on rotating quarterly bonus categories, up to a combined $1,500 in purchases. So you can earn up to $75 every quarter, if you maximize the eligible categories. You can even have more than one Freedom card. But it gets much better than that, since the cashback can be used as Ultimate Rewards points.

To do that, you need to have one of the premium or business cards from Chase. That’s Chase Sapphire Preferred, Chase Sapphire Reserve, Ink Business Preferred or Ink Business Plus. Then the points earned with your Chase Freedom cards can be converted into Ultimate Rewards points and transferred to travel partners.

Chase Freedom 5% Categories

The categories for the first quarter of 2024 have now been revealed. The new 5% categories include:

• Gas Stations
• EV Charging
• Select Live Entertainment
• Movie Theaters

You can earn 5% cash back on up to $1,500 in combined purchases in these categories from July 1 to September 30, 2024. You can activate the new categories here, starting on June 15, 2023. Must activate by September 14, 2024.

Guru’s Wrap-Up

Gas Stations is the probably the best category for this upcoming quarter. Many people have considerable monthly spend on gas, and many locations also sell gift cards. That should help you maximize the spending. 

Don’t forget to maximize this quarter’s categories as well. You have until the end of the day to activate these categories and until end of March to spend $1,500 at:

• Amazon.com
• Hotels booked directly with the hotel (plus through Chase Travel)
• Restaurants

If you don’t have the card, you can sign up and earn a $200 bonus cash back when you spend $500 within the first three months. Plus you get 5% cash back on gas station purchases on up to $12,000 spent in the first year. You can also product change other Chase cards, if you want it but don’t really want to apply for a new card, especially with the bonus being on the lower end.