New Chase Freedom Grocery Bonus: Earn Up to 80K Points!
Chase Freedom Flex Vs Freedom Unlimited

Earn up to 80K Points with Chase Freedom Card Grocery Bonus

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Last week, Chase rolled out a brand new offer to earn 5% cashback (or 5x Chase points) on up to $12,000 spent at grocery stores for the first 12 months to new card applicants on both the Chase Freedom Flex and Chase Freedom Unlimited.

Factor in the $200 sign-up bonus after spending $500 on either card in the first three months, and that means you can earn up to $800 cashback – or 80,000 Chase Ultimate Rewards points, if you’ve already got a Chase Sapphire Preferred Card or the Chase Sapphire Reserve in your wallet.

Unfortunately, this grocery bonus is only available to new applicants on the Freedom cards – if you’ve already got one in your wallet, you won’t earn this bonus. Still, this easily makes the Chase Freedom Flex and Chase Freedom Unlimited two of the best no-annual-fee credit cards out there.

Read on for a full list of benefits for both cards, and our analysis on this great new offer.

 

Full Benefits of the Chase Freedom Unlimited Card

  • Sign-up Bonus: Earn a $200 bonus (or 20,000 Ultimate Rewards points) after you spend $500 in the first three months of card membership.
  • Earn 5% cashback on groceries for the first year on up to $12,000 spent (excluding Target and Walmart). This is a limited-time offer.
  • Earn 5% cashback on travel booked through the Chase Ultimate Rewards portal
  • Earn 5% cashback on Lyft rides starting through March 2022.
  • Earn 3% cashback on dining, including takeout and delivery services
  • Earn 3% cashback at drugstores
  • Earn unlimited 1.5% cashback on all other purchases
  • Subject to the Chase 5/24 Rule: This card is subject to Chase’s 5/24 rule, so you won’t get approved for the Chase Freedom Unlimited if you’ve opened five or more credit cards (from any bank, not just Chase) in the last 24 months.
  • No Annual Fee!

 

chase freedom unlimited
 

Click Here to learn more about the Chase Freedom Unlimited Card. 

 

Full Benefits of the Chase Freedom Flex Card

  • Welcome bonus of $200 after spending $500 within three months of opening the card.
  • Earn 5% cashback on rotating quarterly categories: See our post for a full list of the current categories.
  • Earn 5% cashback on groceries for the first year on up to $12,000 spent (excluding Target and Walmart). This is a limited-time offer.
  • Earn 5% cashback on travel booked through the Chase Ultimate Rewards portal
  • Earn 5% cashback on Lyft rides through March 2022.
  • Earn 3% cashback on dining, including takeout and delivery services
  • Earn 3% cashback at drugstores
  • Earn 1% cashback on all other spending
  • Subject to the Chase 5/24 Rule: This card is subject to Chase’s 5/24 rule, so you won’t get approved for the Chase Freedom Flex if you’ve opened five or more credit cards (from any bank, not just Chase) in the last 24 months.
  • No Annual Fee!

 

chase freedom flex
 

Click Here to learn more about the Chase Freedom Flex Card. 

 

Our Analysis

Chase adding this benefit to both of the no-annual-fee Chase Freedom cards last week has made these cards even better. It isn’t yet clear how long these enhanced offers will be around, so they’re worth jumping on.

Earning 5% back (or 5x Chase Ultimate Rewards points) per dollar spent on up to $12,000 over the next year allows you to earn up to $600, or 60,000 Chase Ultimate Rewards points. That’s an incredible deal for a no-annual-fee credit card. Factor in the $200 sign-up bonus after spending just $500 in the first three months and it is possible to earn up to 80,000 points.

Even before these new grocery bonuses, we felt that the Chase Freedom Unlimited and Freedom Flex cards were two of the best no annual fee travel credit cards out there. This new addition simply solidifies it.

Both cards are worth getting for the long-term value they provide alongside your Chase Sapphire Preferred or Reserve card. Since the Chase Freedom Unlimited card earns 1.5% cash back on all purchases, it’s a great catch-all card: The one to use for all that everyday spending that might not earn larger bonuses in another category.

Conversely, you can earn 5% cashback on rotating categories up to $1,500 each year with the Chase Freedom Flex card. Recent bonus categories have included purchases at Walgreens, Lyft, gas stations, PayPal, wholesale stores like Costco, and department stores, to name a few.

See our post comparing the Chase Freedom Flex vs the Freedom Unlimited to see which card is right for you.

 
 

chase freedom unlimited
 

Click Here to learn more about the Chase Freedom Unlimited Card. 
 

chase flex
 

Click Here to learn more about the Chase Freedom Flex Card. 

 

Bottom Line

Chase has rolled out a new limited-time offer to earn 5% back (or 5x Chase Ultimate Rewards points) on up to $12,000 spent at grocery stores for new cardmembers of both the Chase Freedom Flex and the Chase Freedom Unlimited.

If you want to take advantage of this benefit for the next year, you’ll need to apply for either card before this offer disappears. Unfortunately, we don’t know exactly when that is just yet.

 

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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