Chase Freedom 5% Categories – Q4 2021
Chase Freedom and the new Freedom Flex are great products to have in your wallet. They have no annual fee and earn Ultimate Rewards points when you have another Chase premium card. Now the Chase Freedom bonus categories have been revealed for Q4 2021 and I’m sure most people will be excited.
Chase Freedom Cards
The Chase Freedom and Freedom Flex cards earn 1% on all purchases but also 5% on rotating quarterly bonus categories, up to a combined $1,500 in purchases. So you can earn up to $75 every quarter, if you maximize the eligible categories. You can even have more than one Freedom card. But it gets much better than that, since the cashback can be used as Ultimate Rewards points.
To do that, you need to have one of the premium or business cards from Chase. That’s Chase Sapphire Preferred, Chase Sapphire Reserve, Ink Business Preferred or Ink Business Plus. Then the points earned with your Chase Freedom cards can be converted into Ultimate Rewards points and transferred to travel partners.
Chase Freedom 5% Categories
The categories for the fourth quarter of 2021 have now been revealed. The new 5% categories include:
- PayPal: Cardmembers will automatically earn 5% cashback on eligible purchases made when checking out with PayPal at tens of millions of online businesses.
- Walmart: Cardmembers will automatically earn 5% cashback when shopping for gifts, groceries and more when shopping at Walmart or on Walmart.com. Purchases made using PayPal at Walmart will only earn a total of 5% cashback.
You can earn 5% cash back on up to $1,500 in combined purchases in these categories from October 1st through December 31, 2021.
Grocery stores are a popular category since most people need groceries and they could be a good source of gift card purchases in many locations. Don’t forget to maximize this quarter’s categories as well. You have until the end of September to spend $1,500 at:
- Grocery Stores (excluding target and Walmart)
- Select Streaming Services
If you don’t have the card, you can sign up and earn a $200 bonus cash back when you spend $500 within the first three months. You can also product change other Chase cards, if you want to have it but don’t really want to apply for a new card, especially with the bonus being on the lower end.