Just a reminder that the Chase Freedom Card is nearly approaching it’s decade old-age, but all reminiscence aside, let’s get to some real discerning matters. The additional 10% points per $1 spent and 10 bonus points on every transaction when you held a Chase deposit account is a well remembered perk on the Freedom and it lasted a surprising 5 years, until 2015 with most cardholders losing such a benefit. A rare exception of cardholders, were however deemed grandfathered into the program and receives this benefit-bonus to this day. Moreover, it seems that even grandfathered cardholders won’t be able to reap this much longer considering that on August 28, Chase will push towards no longer offering such a benefit attached.
| BONUS LINK | OFFER | REVIEW |
| Chase Business Complete Checking® | $300 or $500 Cash | Review |
| Chase Private Client | $3,000 Cash | Review |
| Chase Total Checking® | $300 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| J.P. Morgan Self-Directed Investing | Up To $700 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
Chase Freedom Card Summary:
- Chase offered an additional 10% points per $1 spent and 10 bonus points on every transaction when you held a Chase deposit account benefit attached to the Freedom Card in the past
- Benefit was discontinued in 2015
- Grandfathered cardholders will be cut off of this benefit by August 28, 2017.
Chase Freedom Card Features:
- Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
- Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
- Unlimited 1% cash back on all other purchases – it’s automatic
- 0% Intro APR for 15 months from account opening on purchases and balance transfers. Balance transfer fee is 5% of the amount transferred, $5 minimum
- Enjoy new 5% categories every 3 months
- Cash Back rewards do not expire as long as your account is open
- No annual fee
Conclusion:
Grandfathered cardholders will be cut off of the additional 10% points per $1 spent and 10 bonus points on every transaction benefit this coming August 28. This little benefit used to be a lucrative cash-cow for small transactions and those that were able to hit the MS hard, got very promising returns. Guess down the line, completely discontinuing the benefit was inevitable. Don’t forget to check our the full list of Credit Card Promotions!
