Chase Freedom Flex℠ gives 5% cash back on the first $1,500 spent in a new set of bonus categories each quarter, and the calendar shows what those … Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®. Chase Freedom card members also have the ability to redeem accumulated cash back rewards for select gift cards made available through Chase’s Ultimate Rewards site. Redeem through Chase Ultimate Rewards Travel Portal: For those of you that are unfamiliar, the Chase Ultimate Rewards Portal allows you to book travel using points based on the actual price of travel. Redemption Value: Over 2 cents per point! However, the correct way to record cash back rewards is a contra-expense. Note, the Chase Freedom® card is no longer open to new applicants as of Sept. 14, 2020. Once you have selected your travel (flights/hotel/rental cars) you can then redeem Chase Ultimate Reward points at the standard … There’s a very small but, nevertheless, useful offer that’s currently available on targeted Chase Freedom Flex, Chase Freedom Unlimited, and Chase Freedom Cards that gives cardholders 5% cash back on up to $150 of spending in the month of February.. Key Terms. 31, 2021, Freedom and Freedom Flex cardholders can earn 5% cash back on select streaming services, internet, cable and phone services and wholesale club purchases (up to $1,500 in combined … The Chase Freedom Flex℠ 5% categories for January, February and March 2021 are wholesale clubs, internet, cable, phone services and select streaming services, according to the Chase Freedom Flex℠ rewards calendar. We’ll review the bonus cashback categories for the Chase Freedom Flex℠ and the Chase Freedom Unlimited® card, what you need to know to earn 5% cash back and how the Chase 5% cashback calendar compares to Discover’s 5% cashback calendar. For example: $100 expense with a $5 cash back reward will still result in -$95 net income whether you record it as $5 income / $100 expense or $0 income / $95 expense. The Chase Freedom Flex℠ also earns 5% cash back on travel booked through Chase Ultimate Rewards, 3% back on dining and drugstores, and 1% back on everything else. To be eligible for this bonus offer, you must activate by 02/28/2021 11:59 p.m. E.T. Chase has announced the 5% cash back categories on the Chase Freedom Flex℠ and the retired Freedom card for the first quarter of 2021.. From Jan. 1 through March. You Earn 5% cash back on eligible purchases in rotating categories, 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases. Chase has long offered the option to redeem points for a statement credit — simply log into your Ultimate Rewards account, hit the drop-down menu and select “Cash Back.” You’ll be presented with an option to enter the amount you’d like to redeem, and where you’d like your rewards deposited. Your Chase Sapphire Reserve ® card comes with Chase Ultimate Rewards ®, our premier rewards program that lets you redeem rewards for travel, experiences, gift cards, cash back and more.Access Chase Ultimate Rewards to view rewards activity, redeem points, book travel and earn extra points.Log in and Learn More While the Chase Freedom Flex℠ is advertised as a "cashback card," it earns users Ultimate Rewards points. Booking it as income artificially inflates your income statement. Earn cash back for every purchase Earn 5% cash back on up to $1,500 on combined purchases in bonus categories each quarter you activate, Earn 5% cash back on travel purchased through Chase, 3% on dining including takeout and drugstores, and 1% on all other purchases. Earn rewards faster with employee cards at no additional …
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