Update: This very popular deal is still available.
Chase is offering a $200 Bonus after you spend $500 on purchases in the first 3 months of account opening for the Chase Freedom Unlimited®. Annual fee is $0. Thanks helper02
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Original Post
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Edited January 13, 2021
at 01:02 PM
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Chase is offering a $200 Bonus after you spend $500 on purchases in the first 3 months of account opening for the Chase Freedom Unlimited®. Annual fee is $0.
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Call the reconsideration line immediately.
Call the reconsideration line immediately.
If you get rejected sometimes there are errors in their automation side or just simply discrepancies. I have always called the reconsideration lines for credit agencies and sometimes even gotten approved over the phone.
At the least it will tell you why you got denied and it will be a learning experience. In this specific case: Always call
Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.* And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.*
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For example restaurant food (that you might've charged to CSR for the 3x points) can be "paid back" using the 5x points on grocery spend at a 1.5x bonus, effectively "earning" 7.5% cash equivalent on your grocery spend.
Or for the simplest version of the math- $1.00 of grocery spend gets you 5x UR points, transfer to CSR, and "pay off" 7.5 cents worth of spend in any of the pay yourself back categories you put on said CSR.
So traditionally you could redeem UR for statement credits/cash to offset purchases at 1 cent per point.
This was poor value for travellers who had a CSP/CSR/etc because they could get 1.25 or 1.5 cents back for travel in the portal (or more via transfers)
But since travel isn't really happening they recently allowed such cardholders to redeem UR for 1.25 (CSP) or 1.5 (CSR) cents per point on OTHER things as statement credits.... groceries, home improvement, restaurants....
Shall I just have my family go thru chase.com?
If you have the income, they will likely approve. Unless something else going on.
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No, Costco is a warehouse club, not a grocery store.
DiscoverIT had 5% on warehouse clubs last quarter (10% if you churn em) so one could max out by getting $1500 in Costco cash cards there but that's about it.
DiscoverIT had 5% on warehouse clubs last quarter (10% if you churn em) so one could max out by getting $1500 in Costco cash cards there but that's about it.
Thanks for the heads up! I'm guessing the Citi card would be better off since I get my gas there 95% of the time and go shopping at Costco 2-3x a month?
For regular costco purchases the citi card is just 2% cash- so no better than other cards that do that (and arguably worse than something like the Freedom Unlimited if you can get 1.5x or better value out of UR points).
For gas, 4% is decent on the Citi card....
But better for both purposes, especially if you have status with BoA is BoAs cash rewards card, if you've got highest BoA status, it gets you 5.25% on gas and 3.5% at warehouse clubs...(on the first $2500 per quarter anyway- so guess it depends how much you tend to spend there).
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Great post, helper02...thank you! Just applied and got approved!
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In the website it says for NEW applicants. Unless you got a new freedom or FUnlimited recently, I would say no you do not qualify for this offer of 5% on groceries. If you recently got one of them you can give them a call or send a secure message through the app to see if they can match that offer. Secure message is the way to go, I called and got rejected. I know other who got approved when sending a secure message. If you recently opened the account it's worth a shot. Good luck