Freedom 4th Quarter Plans
Last week a reader reached out to ask how I was racking up Ultimate Rewards after earning over $25,000 in miles & points profit this year. I responded that they come from our 3 Freedom cards (one O.G. Freedom and two of the Flex variety) and my old Ink Plus. That reminded me that I never did a post detailing my Freedom 4th quarter plans to rack up 22,500 Ultimate Rewards! Let’s take a look.
Chase Freedom October – December, 2022 Bonus Categories
Here are bonus categories for Chase Freedom Flex and the discontinued Chase Freedom card. Starting October 1 through December 31, 2022, Chase Freedom and Freedom Flex cardmembers can earn 5% cash back on up to $1,500 in combined purchases on the following:
- PayPal: Cardmembers will automatically earn 5% cashback on eligible purchases made when checking out with PayPal at tens of millions of online businesses.
- Purchases made using PayPal at Walmart will only earn a total of 5% cashback.
- Walmart: Cardmembers will automatically earn 5% cashback when shopping for gifts, groceries and more when shopping at Walmart or on Walmart.com.
You can activate the bonus categories on this page.
My Plan Of Attack
There is for sure some meat on the bones here. Walmart is an easy target with the holidays upcoming and them offering up large grocery sections etc. I think that the vanilla Freedom we have will be completed mostly here. Whatever is leftover will probably go on the card whenever PayPal is an option at checkout online.
For the two Chase Freedom Flex cards I can do a little bit better though. My buddy Randy reminded me of the in app PayPal QR code and how handy that can be this quarter. PayPal allows you to spin up a QR code in their app and pay with any card you choose in store by scanning the code. It then bills the credit card, or checking account (barf), that you select. This will trigger the 5X PayPal earning this quarter.
But, it gets better. Take a look at this list and see some of the vendors that accept this method of payment. There is a pharmacy on the list that should net you an extra 2X per earning since it normally earns 3X. The breakdown is 1X on everything, 4X for the 4th quarter and 2X at pharmacies. That is a nice little stack there.
You can top that if you jumped on the awesome new Chase Freedom Flex welcome offer, or do so now. Giant Eagle is on the list, and I am sure there are other grocery stores that accept PayPal out there as well. This would net you 9X per dollar with the 1X everywhere, 4X for PayPal and 4X on grocery with the welcome offer.
There are a few different ways to attack this quarter and a few other ways to stack your earning for more than 5X. That makes this one of the better options we have seen for quarterly bonus earning, if you play it right.
What is everyone else’s Freedom 4th quarter plans? Let me know in the comments.