Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
If you are not earning bonus points on groceries right now than your doing it wrong! Seriously – there have been so many different opportunities over the last few months to earn more on everyday grocery spending then I have ever seen prior to the pandemic. To make things even more interesting, Chase bank has just released a new limited-time offer that might be the best one yet. Be sure to check out our Top Credit Cards page to learn more information on the Chase Freedom Unlimited Card.
Join Our Basic Travel Facebook Group to Stay in the Loop on the Latest Travel & Finance News!
Chase Freedom Unlimited
The brand new offer has two huge positive notes – grocery bonus and welcome bonus. Grocery spending is at an all-time high now that people are not traveling as much and restaurants are not fully reopened. The Chase Freedom Unlimited is now offering 5% cashback (or 5X Ultimate Rewards Points) on all grocery purchases in the first year of opening a new account. This offer is capped at $12,000 or $600 earned in cashback (60,000 Ultimate Rewards Points).
The welcome bonus has been elevated to $200 cashback (or 20,000 Ultimate Rewards Points) after spending $500 in purchases within the first three months. Historically the welcome offer on the Chase Freedom Unlimited is about 25% less.
Other noteworthy benefits of the Chase Freedom Unlimited
Zero Percent APR – The Chase Freedom Unlimited comes with an introductory 0% APR on purchases made within the first 15 months of account opening.
Visit our Top Credit Cards Page for our favorite cards!
1.5% Cashback on all purchases – In addition to the fantastic grocery bonus, all other purchases come in at 1.5% cashback (or 1.5X Ultimate Rewards Points).
No Annual Fee – For a card to offer this many perks and not charge an annual fee is unheard of in the points and miles world!
Maximize the value of Points
By concurrently holding a Chase Sapphire or Chase Ink Business Preferred credit card, the points earned from the Chase Freedom Unlimited can become more valuable. When having more than one account opened, it’s possible to transfer points to travel partners (Southwest, Marriott, etc.) or redeem for travel through the Chase Portal at a higher percentage. The different values are broken down below:
- Chase Sapphire Reserve – 50% Bonus when using points via the travel portal
- Chase Sapphire Preferred – 25% Bonus when using points via the travel portal
- Chase Ink Business Preferred – 25% Bonus when using points via the travel portal
In addition, for a limited time, it’s possible to redeem ultimate rewards points at the same value for groceries and home improvement purchases via the “Pay yourself back” promotion.
Remember you MUST be under 5/24 in order to be eligible for this offer and any other Chase Bank Credit Card. This means that you must not have opened five or more credit cards within the last 24 months across all banks. You can read more about which cards count towards this rule by reading the Basic Guide to Credit Card Rules.
This is a great opportunity to earn even more on groceries and will certainly be added to our top grocery credit card basic ranking. Despite how different the points and miles world is, Chase continues to reward its customers with opportunities to save money and earn more on everyday purchases.
Have you taken advantage of the new Chase Freedom Unlimited offer? I’d love to hear why or why not down in the comments below or over in the 4,000 + Member Basic Travel Facebook Group.
More Basic Reading
- Our Top Strategies for Cutting Travel Costs (Free eBook)
- How to book an Overwater Bungalow at the Conrad Maldives for cheap!
- The Great Debate: Carry-On or Checked Bag
- 7 Reasons to Plan a Summer Road Trip
- Top Credit Card Offers of the Month
Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings may receive a commission from card issuers.Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.