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.
The card I have had in my wallet the longest is the Chase Freedom®. I had another now non-existent rewards card I turned into the Freedom years ago, and it is now one of my favorites as it offers 5x points with no annual fee. Those points can be used like cash back at a rate of one point = one cent, or you can probably do much better than that if you also have an Ink Plus® Business Card or Chase Sapphire Preferred® Card since the points earned on the Freedom then become transferable to all the Ultimate Rewards transfer partners like United, British Airways, Hyatt, Singapore, Marriott, Southwest, and more.
The sign-up bonus is often not that high at about 10,000 points, but right now the Freedom sign-up bonus is temporarily improved to a rate that is one of the best I have seen for this card!
Chase Freedom®: This offer has expired.
20,000 points after spending $500 in first three months, 2,500 additional if add an authorized user who makes purchase in first 3 months
This offer is advertized as $200 cash back, which you could use it as, but if you have the Sapphire Preferred or Ink Plus, you can think of it as 20,000 Ultimate Reward points + another 2,500 with an authorized user. Up to 22,500 points for $500 in spending is pretty solid for a card with no annual fee!
This card isn’t just one to get, it is one to keep and use since it has rotating 5x bonus categories each quarter where you earn 5x points on the first $1,500 spent in the bonus categories. For many that means 30,000 points per year for just $6,000 in spending each year. This year some of those bonus categories included restaurants, gas stations, Amazon, and many others.
Chase Freedom Q1 2015 Bonus Categories:
The Chase Freedom first quarter bonuses in 2015 were just announced to be grocery stores, Starbucks, and movie theaters. With grocery stores on the list, that should be an easy 7,500 points for just $1,500 in spending for most of us!
I’m really excited to see the increased sign-up bonus return on the Chase Freedom as this is a card I have and fully recommend to those new and old to miles and points.
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.