Earn up to 3% Cash Back on All Your 2024 Holiday Shopping With This Chase Rewards Card
Since everyone in the family has their own interests, holiday gift shopping can mean hitting a lot of different stores. For me, that means a different rewards credit card for nearly every stop as I work to maximize purchase rewards at each location.
However, if you’re not inclined to track and manage half a dozen different credit cards, I have a much easier solution for you: a flat-rate rewards card. Specifically, the Chase Freedom Unlimited® card.
While this card is always a good pick for a one-card wallet thanks to unlimited 1.5% cash back, the current limited-time welcome bonus makes it an even better option for your holiday shopping this year.
Double your cash back for a limited time
The deal: Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
So that’s an effective 3% cash back rate on all of your holiday shopping — unless you’re buying something really, really big — regardless of where you find just the right gift. This is the easiest way I can think of to get such a high rate on all of your purchases (without multiple cards).
Wondering what 3% cash back looks like? Here’s the math:
Total Spend |
3% Cash Back |
---|---|
$500 |
$15 |
$750 |
$23 |
$1,000 |
$30 |
$1,500 |
$45 |
$3,000 |
$90 |
$5,000 |
$150 |
$10,000 |
$300 |
$20,000 |
$600 |
Data source: Author’s calculations.
Want more options for cash back rewards? Click here to see our top picks for cash back credit cards.
Other perks of the Chase Freedom Unlimited®
In case you’re thinking this card is only good for the welcome offer, let me show you a few other features you can enjoy:
- Earn 5% cash back on travel purchased through Chase Travel: You can also redeem your rewards in the portal, though it’s not the best value you can find.
- Unlimited 3% cash back at drugstores, restaurants, takeout, and eligible food delivery: Great for foodies that enjoy eating out as much as ordering in.
- Unlimited 1.5% cash back on all other purchases: Once you hit the welcome bonus cap or the offer ends, you’ll still earn 1.5% cash back on purchases with no categories or activation.
You can easily redeem cash back rewards for a statement credit, which is the easiest and more straightforward option. Or you can pair this card with a Sapphire card for better value.
Combine your rewards for free travel
Technically, the Chase Freedom Unlimited® earns Ultimate Rewards points. If you only have Freedom cards, those points are generally best used for cash back.
However, your options open up if you also have one of these travel rewards cards:
If you also have an eligible Chase travel rewards card, then you can combine all of your points and transfer them to a travel partner. This includes more than a dozen hotel and airline loyalty programs where you can turn your rewards into free hotel stays and flights.
This welcome offer is only available for a limited time, so if you’re interested, you should act sooner rather than later.