Maximize Q2 2018 Chase Freedom 5% Cash Back. If you have a regular Chase Freedom credit card (not Freedom Unlimited) you may be aware of the 5% cash back quarterly bonus for spending up to $1,500 in specific categories each quarter. Q2 April 1-June 30, 2018 categories are: Grocery Stores (with restrictions), Chase Pay and PayPal.
Register now and read all the Terms and Conditions
If you haven’t registered for this quarter you have until June 14. All of the information below is subject to change without notice. Check the websites for all participating retailers.
How to max out Q2 bonus/$75 of free money
Buy Jewel, Mariano’s, Trader Joes and Whole Foods gift cards: If you aren’t getting more than 5% cash back on groceries from another credit card here’s a chance to get 5% off . If you have the cash consider buying Jewel, Mariano’s, Trader Joe’s and/or Whole Foods gift card to use later in the year.
Buy third party gift cards at Jewel, Mariano’s and Whole Foods: Jewel sells gift cards for Starbucks, Nordstrom, Macy’s and more depending on your Jewel. Whole Foods sells Amazon gift cards which you can load into your Amazon gift card balance 5% off in the future. My local Mariano’s does not allow you to purchase gift cards (except Mariano’s) with a credit card and their selection is limited. YMMV.
Maximize Cash back through Chase Pay
Chase Pay has very limited options. I use the app to order food when they give me free cash (under Offers in the app). Chase Pay is accepted at Walmart.com and you can earn another 2% cash back when you shop online through Chase’s shopping portal. Ebags also accepts Chase Pay and offers 7% cash back through the Chase portal.
Maximize Cash back through PayPal
PayPal is no longer accepted in stores. There are restrictions on earning the 5% cash back here.
Q3 and Q4 Bonuses
I have no insider knowledge but something you may want to keep in mind is that for the last couple years the Q3 bonus category has been restaurants. I cannot guarantee this will happen in 2018. You just may want to focus on non-restaurant third party gift cards in case Q3 is restaurants. Additionally in Q4 many restaurants offer bonus gift cards during the holidays such as “Buy $100 get $20 bonus gift card”.
Get a Chase Freedom card and $150 bonus
If you don’t currently have the Chase Freedom apply now and you’ll earn a $150 bonus after spending $500 on purchases within the first 3 months from account opening. This card has no annual fee but does charge 3% foreign transaction fees. I generally max out at least two quarterly 5% cash back bonuses. In 2017 I earned $203 cash back. Some past quarterly bonus categories have been grocery, drug, and department stores and restaurants. Apply here using my referral link. Earn $150 after spending $500 on the card. Thank you in advance.
Summary to maximize the 5% cash back
- If you don’t have a Freedom Apply here using my referral link
- Activate 5% cash back on your Freedom card here. You have until June 14 to activate. You’ll earn points back to April 1.
- Use your Chase Freedom card to purchase all groceries.
- Make a list of grocery store and third party gift cards I need in order to get 5%. cash back on the full $1,500. No need to rush out immediately. You have until June 30 to take advantage of this offer.
- Go shopping and save! If ordering online I would order a couple weeks early. If your merchandise ships and is charged to your credit card after June 30 you won’t get the 5% cash back.