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Happy Friday! I wanted to offer a brief reminder that today is the last day to activate the Chase Freedom® 5x bonus categories for the first quarter of 2014. If you activate the bonus by today (March 14th) it will be retroactive to January 1st, but if you don’t activate it by today you will have missed out on three months of 5x at gas stations, Starbucks, and movie theaters. The 5x earning goes from January 1 – March 31st and is capped at the first $1,500 spent in those categories. If you don’t buy enough gas and Starbucks coffee to hit $1,500 in the quarter then I encourage you to look around in gas stations as you may be surprised how much more they sell sometimes than just gas and Cheetos.
This really is an easy 7,500 Ultimate Reward points per quarter for many of us! Keep in mind that while the 5x is advertized as 5% cash back, the points earned can be transferred to hotel and airline partners such as United, Southwest, Hyatt, British Airways, and more if you also have the Ink Plus® Business Card, Chase Sapphire Preferred® Card, or Ink Bold® Business Card.
If you aren’t sure how much you have spent in the bonus categories so far this year you can use the Blueprint feature to get a pretty good idea of where you stand.
Tomorrow (March 15th) registration will open for the second quarter bonus categories of restaurants and Lowe’s Home Improvement Stores. Here is a post from last year on how we made the most of the Lowe’s 5x bonus category the last time it came around. Today is the perfect day to check your progress for Q1 bonus categories and look ahead to strategize how you will make the most of the Q2 bonus categories that are just around the corner.
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