The new Chase Freedom and Chase Freedom Flex bonus is for Walmart and anything that allows you to check out with PayPal. This means you’ll earn 5% cash back (or 5x Chase Ultimate Rewards) on up to $1,500 spent in these categories.
Walmart is pretty straight forward. You can buy Disney gift cards online in $25 and $50 increments, either physical or ecards. You earn 5 Ultimate Rewards per dollar.
PayPal has many more options because lots of online retailers take PayPal. So, for instance, you could buy Disney gift cards at a gift card reseller like CardCash. They currently offer a 4% discount on Disney egift cards. This would allow you to stack the discount and the bonus cash back from your Freedom card.
You could also purchase gift cards at Best Buy and earn between 1% and 2.5% in Best Buy Rewards depending on your status.
The best way to utilize Chase Ultimate Rewards is not by redeeming them for cash at one cent each, but through a Chase Ultimate Rewards strategy where you can get at least 50% more in value for them.
Chase Freedom Flex
The new Chase Freedom Flex has no annual fee. It comes with 5% cash back at grocery stores in your first year on up to $12,000 spent. You’ll also earn 3% on dining and at drug stores. It’s basically the best no annual fee card on the market.