The new Chase Freedom and Chase Freedom Flex bonus is for wholesale clubs, streaming services, internet, cable & phone services. This means from now until March 31st you’ll earn 5% cash back (or 5x Chase Ultimate Rewards) on up to $1,500 spent in these categories.
Wholesale Clubs: Save on Disney Gift Cards
While the other categories are a great way to earn cash/points, the wholesale club bonus category is where you’ll save on Disney vacations.
BJs Wholesale and Sam’s Club sell Disney gift cards at a 4% discount online. If you use your Chase Freedom you’ll earn another 5% cash back in the form of Ultimate Rewards on top of it.
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 (another great option for saving on Disney gift cards). You’ll also earn 3% on dining and at drug stores. It’s basically the best no annual fee card on the market.