The Offer
Direct link to offer (check the offer details well to ensure the offer you see if the one you want to signup for)
Chase is offering an additional bonus on the Chase Freedom Flex and Chase Freedom Unlimited cards:
Get the standard $200 sign up bonus after $500 in spend; in addition, the card will earn 5% cashback on Grocery and Gas purchases in the first year, up to $12,000 in spend.
Card Details
Freedom Flex
No annual fee
Card earns the following points rates:
5% on rotating Quarterly Categories on up to $1,500 in total purchases (e.g. Q4 2020 will be PayPal and Walmart)
5% on Travel purchased through Chase Ultimate Rewards
3% on Dining
3% on Drugstore
5% on Lyft through March 2022
1% unlimited cash back
Freedom Unlimited
No annual fee
Card earns 1.5% cash back on all purchases
Our Verdict
We’ve seen this offer for either Gas or Groceries, sometimes with a lower $6,000 spend limit. This time it’s for both Gas & Groceries, and it comes with a $12,000 combined limit. Just double check that you see this precise offer as there are other versions floating around.
Hopefully this offer will be available via referral links as well. That will get your friend a bonus along the way.
This offer also coincides well with the Chase Freedom Flex 5% quarterly category which includes Gas this quarter. I believe you’ll get 8.5x total when combining the signup offer and after activating the quarterly category.
Keep in mind while these cards talk about cash back you actually earn Chase Ultimate Rewards points. This means if you have an annual fee card such as Chase Sapphire Preferred, Chase Sapphire Reserve, Chase Ink Plus or Chase Ink Preferred then you can transfer these points to travel partners. You could also use these points for the Chase Pay Yourself back feature to make them worth 1.25¢ each.
Unfortunately a lot of readers won’t be eligible for these cards/bonus due to the Chase 5/24 rule. We will still be adding this to our list of the best credit card bonuses.
Hat tip to USCCG