Please note this site has financial relationships with American Express and this post may contain affiliate links. Read my Advertiser Disclosure policy here to learn more about my partners.
This offer has expired.
The Chase Freedom® card has increased its sign-up bonus of 10,000 Ultimate Reward points (marketed as $100 cash back) after spending $500 on purchases in the first three months to also include an additional 2,500 Ultimate Reward points (marketed as additional $25 cash back) if you add an authorized user and make a purchase what that card within this same 3-month period.
That means the sign-up bonus is 10,000 + 2,500 points, which isn’t amazing, but it isn’t horrible considering it is a no annual fee card, and the real value of this card comes from the rotating quarterly 5x bonuses. I got this card without a sign-up bonus myself (converted another old Chase card), so I think 12,500 total points isn’t too shabby of a way to start your time with this card.
Here are the 5x bonus categories for the rest of 2014:
April 1 – June 30th:
- Lowe’s® home
July 1 – September 30th:
- Gas stations
October 1 – December 31st:
- Select Department stores
You are limited to 5x (or 5% cash back) on the first $1,500 spent at the selected retailers per quarter. If you max it out all year, that comes to 30,000 Ultimate Reward points annually on this card just by spending $6,000 on the card. Some of the retailer categories are easier than others to max out, but regardless of whether I max it out or not, I love earning 5x this way.
You can transfer these Ultimate Reward points earned by the Freedom to hotels or airlines if you also have the Ink Plus® Business Card, Ink Bold® Business Card, or Chase Sapphire Preferred® Card. (or presumably if your spouse does as spouses can transfer points to each other).
Being able to get 2,500 additional points if you sign-up and add an authorized user isn’t a huge change, but it is a small change in the right direction.
Disclosure: I do receive a commission if you are approved for a credit card using one of my affiliate links. As always thanks for your support!