I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
Holders of Chase Freedom credit cards can earn 10% cash back on up to $2500 in combined hotel and car rental purchases made through the Chase Ultimate Rewards online shopping portal this month. That’s a fantastic rate of return.
Disclosure: I do not have a referral link for the Chase Freedom Card. The information related to the Chase Freedom credit card has been collected by me and has not been reviewed or provided by the issuer of this card.
While you need to make the purchase in July, travel can be for any time. I like this for hotel purchases. I do not like it for car rentals. That’s because you should use a card like Chase Sapphire Preferred for renting cars because it provides you with primary collision. If you scrape up the rental car, your own insurance company probably doesn’t even need to know.
What’s more you should have a Chase Sapphire Preferred Card anyway. Not only does it earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening (that’s $625 in travel when you redeem through Chase Ultimate Rewards®) but you can earn another 5,000 bonus points when you add your first authorized user to the account and make a purchase in the same 3 months from account opening.
The card earns 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.
And you can transfer points from a Chase Freedom or Freedom Unlimited to Sapphire Preferred which makes those points, instead of being worth 1 cent apiece, worth 1.25 cents each for travel redeemed directly or better yet transferrable 1:1 into several different points currencies.
Points transfer to United, Hyatt, Southwest, British Airways, Virgin Atlantic, Singapore Airlines, Korean Air, Air France KLM, Marriott Rewards, IHG Rewards Club, and Ritz-Carlton. Probably the best all-around credit card, and with a great signup bonus.
If you spend $2500 under this offer on travel, you’re earning 25,000 points. If you have a Sapphire Preferred card that’s transferable to 25,000 miles with United, Korean, Singapore, Korean Air, or one of their other partners. That’s a fantastic offer.
Hotel stays booked through the Ultimate Rewards portal may not earn hotel elite stay credit, but in my experience both Hyatt and Marriott will still honor elite benefits for the stays.
Terms and conditions:
During the promotional period of July 1 to July 31, 2016, earn an extra 9% cash back on up to $2,500 in combined hotel and car rental purchases made through Chase Ultimate Rewards® using your Chase Freedom card. The bonus cash back earned is in addition to the 1% cash back you earn on all purchases for a total of 10% cash back, which means you can earn up to $250 total cash back ($25 cash back plus your $225 bonus cash back). Bonus cash back will post to your account within a week of the transaction posting, and will appear on your monthly credit card billing statement and be available for use within 1-2 billing cycles. To qualify for this promotional offer, account must be open and not in default at the time of fulfillment. This promotional offer is non-transferable. For more information about your rewards program, see your Rewards Program Agreement.