Chase freedom quarter - should I just buy a bunch of gift cards?
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Thread created 06-23-2012 by IvoryCadenza
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If you pay it off quickly enough (ideally within 1 statement) so that the 5% bonus is more than the interest, then it's a net gain. And as you say, groceries will be bought either way, so it's...
Chase freedom quarter - should I just buy a bunch of gift cards?
Expired
Thread created 06-23-2012 by IvoryCadenza
0 Score
5 Replies
2,576 Views
The 5% cash back this quarter for Chase Freedom is for grocery stores. I've only spent a few hundred dollars at the grocery store this quarter and the promotion goes up to $1,500 spent. Should I...
Chase freedom quarter - should I just buy a bunch of gift cards?
Expired
Thread created 06-23-2012 by IvoryCadenza
0 Score
5 Replies
2,576 Views
Chase is pretty quick at terminating customers for abusing the rewards. I think you'll be safe on this though, just keep that in mind and pay it off fully.
Also try to add something in so you...
Chase freedom quarter - should I just buy a bunch of gift cards?
Expired
Thread created 06-23-2012 by IvoryCadenza
0 Score
5 Replies
2,576 Views
Many grocery stores carry gas cards. Maybe a little late now since next Q is 5% on gas for both chase and discover (I'll be more than covered), but you could buy a couple gas cards at the grocery...
Chase freedom quarter - should I just buy a bunch of gift cards?
Expired
Thread created 06-23-2012 by IvoryCadenza
0 Score
5 Replies
2,576 Views
Chase doesn't know what you purchase. They just know the store and the total amount. I've done this for every Chase Freedom quarterly bonus since I got the card several years ago. When you might run...
Chase freedom quarter - should I just buy a bunch of gift cards?
Expired
Thread created 06-23-2012 by IvoryCadenza
0 Score
5 Replies
2,576 Views
What I do is buy the GCs that I need. The rest I buy in store gift cards (Ralphs, Albertsons, Vons). My thinking is that sooner or later I will use them for food OR atleast at the stores by me you...