New Chase Freedom Bonus Categories: Amazon, Groceries & Disney Gift Cards

The new Chase Freedom bonus categories from July through September will be Amazon and Whole Foods, which includes an opportunity to save on Disney gift cards.

Chase Freedom

The Chase Freedom is a no annual fee card that offers 5% cash back in rotating bonus categories each quarter. You get 5% up to $1,500 spent in those categories and 1% on everything else.

Whole Foods & Disney Gift Cards

We love Amazon this month because of how much we shop there. But, we’re going to focus on the other option, Whole Foods, because they sell Disney gift cards.

Our local Whole Foods sells the variable load Disney gift cards, allowing you to put up to $500 on each one. Note: Some stores have policies (or make them up on the spot) for how much you can buy in gift cards in a single trip. We recommend only doing $500 per visit. It will save you the possible awkward moment when a cashier acts like you’re doing something illegal. If you’ve bought many gift cards it’s happened to you at some point.

Multiply Your Savings

The Chase Freedom gives you 5% cash back. But, they actually give you 5 Chase Ultimate Rewards for every dollar you spend and you can redeem those at one cent each. That’s why they call it 5%. But, there are other ways you can spend Chase Ultimate Rewards that are more valuable.

If you have a Chase Sapphire Preferred, you can transfer your points to that card and it allows you to transfer them to Hyatt, Southwest, United and many other travel partners. With travel partners, points can be worth up 1.5 to 2.0 cents each. You can also redeem them for cash or travel and get 1.25 cents each. More on that HERE. With these options you can turn 5% cash back into somewhere in the 6%-10% range.

Chase Freedom

This has always been one of our go-to cards. We have two of them in our household to maximize the bonuses. The Chase Freedom has no annual fee, great bonus categories, and ways to increase the value in combination with a Sapphire Preferred.