The One Year Grocery Store Bonus is Ending on Chase’s Freedom Unlimited and Freedom Flex Cards March 18, 2023 – Apply Now To Enjoy This Grocery Savings for the Next 12 Months
The Chase Freedom Unlimited and Freedom Flex credit cards are offering a $200 (20,000 Ultimate Rewards points) sign-up bonus for new applicants who spend $500 within the first 3 months from application approval.
The sign-up bonus is sweetened, however, with the card(s) earning 5% cash back or 5x Ultimate Rewards points on grocery store purchases on up to $12,000 of spend in the first year from card approval.
Now that is a really nice sign-up perk!
And if you apply for the Freedom Flex card, it currently is earning 5% back on grocery purchases for this quarter (January-March) as part of its regular quarterly bonus categories. But, the sign-up bonus and the quarterly bonus earnings stack, making your savings a whopping 9% on grocery spend through the end of March! Chase typically offers grocery stores as a quarterly bonus category twice each year, so you’ll likely get that 9% again later in 2023. The 9% is only for the Freedom Flex card, though, not the Freedom Unlimited.
But, this grocery sign-up perk is scheduled to end in just a few days, March 18, 2023, to be specific.
You can jump right to the Chase information and application page linked below if you don’t want to read any further. (referral link)
Chase Freedom Unlimited and Freedom Flex $200 and 5% Grocery Cash Back Application Promo
Savings Beagle will receive a points bonus for each approved application that uses the links in this post. You don’t have to apply using our links, but we appreciate when you do.
If a lot of your monthly spending is at grocery stores, this is a fantastic deal whether you want to earn cash back or the extremely valuable Ultimate rewards points.
In addition to the 5%/5x earning at grocery stores, here’s a breakdown of the Freedom Unlimited and Freedom Flex’s regular earning power.
Freedom Unlimited
The Freedom Unlimited card earns 1.5% cash back on all purchases.
There are three categories that will earn more than the 1.5% amount. They are:
- 5% cash back on travel purchased through the Chase Ultimate Rewards Travel Portal
- 3% cash back on dining
- 3% cash back at drugstores
Freedom Flex
The Freedom Flex is Chase’s most recent addition to its credit card lineup.
The Freedom Flex replaced the old Freedom card which is no longer available for new sign-ups.
Although, current Freedom cardholders can continue to hold and use the Freedom card under the traditional quarterly rotating 5%/5x earnings structure.
The Freedom Flex card is a mixture of the old Freedom card’s rotating 5% cash back categories and the new, fixed, earning categories that are part of the Freedom Unlimited.
So, the Freedom Flex offers 5% cash back on rotating categories that will change quarterly in addition to its fixed earning structure below.
- 5% cash back on travel purchased through the Chase Ultimate Rewards Travel Portal
- 3% cash back on dining
- 3% cash back at drugstores
The firepower of 5% bonus categories coupled with decent, fixed, bonus category earnings is a major plus for those wanting to maximize their cash back earning.
The Freedom Flex is a powerful ongoing earning card, especially considering the 5% cash back on groceries applicants can currently enjoy the first year.
Ultimate Rewards Points
While all of the Freedom credit cards are advertised as cash back earning cards, it’s important to know that these cards also earn Ultimate Rewards points.
The terms “cash back” and “Ultimate Rewards points” are interchangeable for the Freedom lineup.
You’ll just need a premium Ultimate Rewards earning card in your arsenal to take full advantage of the Ultimate Rewards points earned via Freedom cards. Premium Ultimate Rewards cards include:
- Chase Sapphire Preferred
- Chase Sapphire Reserve
- Chase Ink Business Preferred
If you’d like more information on Ultimate Rewards and how they can be used, read our post “Why I Love Ultimate Rewards Points and You Should Too.”
Wrap Up
The Chase Freedom card lineup offers great opportunities to earn cash back (or Ultimate Rewards points) just from their everyday bonus spend categories.
Add in this soon-to-end 12-month grocery bonus and anyone who wants to benefit their bottom line through credit card spend should give this promotion a serious look.
Chase Freedom Unlimited and Freedom Flex $200 and 5% Grocery Cash Back Application Promo
