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Update: It looks like the Sapphire Preferred also increased its sign-up bonus today! Great day for those who are interested in a Chase Ultimate Rewards card.
The Chase Freedom – $200 Bonus Cash Back card has been in my wallet for a long time, and it will remain there even longer as it has no annual fee, has rotating bonus categories of 5x, and the points it earns can be transferred to hotel and airline partners if you also have the Chase Sapphire Preferred, Ink Plus® Business Card, or Ink Bold® Business Card.
The only “downside” to this card in recent history has been the relatively low sign-up bonus of 10,000 Ultimate Reward points (or $100 if redeemed as cash back) after hitting the spending threshold. However, today that sign-up bonus has increased!
The Chase Freedom – $200 Bonus Cash Back card now offers $200 in bonus cash (or 20,000 Ultimate Reward points) after spending $500 in the first three months! This is advertized as a limited time offer. They have also announced that the 2014 first quarter 5x bonus categories will be at gas stations, Starbucks, and movie theaters – up to the $1,500 max for the quarter.
This is the best deal I have seen for the Freedom in at least 18 months. Thanks to Slick Deals for spreading the good news!
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