Reminder: Chase Freedom 5x Categories Reset Today

Followers of Savings Beagle know I’m a big fan of the Chase Ultimate Rewards points program.  And one of the best ways to accrue Ultimate Rewards at a fast clip is to hold the Chase Freedom credit card, and take full advantage of its 5 points per dollar spent categories.

A quick primer: The Chase Freedom card is really a cash-back card, earning 5% cash back on designated categories that change quarterly.

However, when paired with one of Chase’s premier credit cards – Sapphire Preferred, Sapphire Reserve, and the Ink Business Preferred credit card – cash-back can be turned into Ultimate Rewards points and redeemed/deposited into a number of travel related entities such as United Airlines, Southwest Airlines, Hyatt Hotels, Marriott Hotels and IHG Hotels to name a few.

Enough about that, you can read more in my review of the Chase Freedom credit card if you wish.

January 1, 2017, begins the new Freedom 5x earning categories which include:

• Gas Stations
• Local Commuter Transporation

Purchases made with the Freedom card at those establishments starting today and running through March 31, 2017, will earn 5% cash-back, or 5x Ultimate Rewards points, on every dollar spent.

And as a reminder, gift cards purchased at gas stations – including grocery store gift cards at the grocery’s quick stop/gas station – are included in the 5x earning.

So grab your Freedom card, place it prominently in your wallet, and let the increased points earning begin!