Chase Freed 5x Bonus Category for Q4

Every three months the Chase Freedom card rotates a set of 5% cash back bonuses for spending at specific types of stores. For Quarter 3 (i.e. summer months) it was restaurants and movie theaters, presumably because of the increase in number of people who go out during that time frame. You can always check out the bonuses at their website here. 

The aspect of this scenario that many people don’t know, however, is that if you have a premium Ultimate Rewards card from Chase (i.e. Chase Sapphire Preferred/Reserve, or Ink Plus Preferred) then you can transfer those points to travel partners and potentially earn more than the standard 1 point = 1 cent ratio. When I transfer points I do my best to beat their current valuation, with normal redemptions for award travel being between 1.6-2.5 cents per point.

Make sure to activate your Q4 bonuses now in case you plan on spending at department stores this fall!

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