Chase Freedom To Earn 5% Cash Back in These NEW Categories – The Credit Shifu

New Freedom Flex customers get 5% back on gas for the first year!!!!

Could you purchase gift cards on Amazon to max it out?

I’m glad it’s not gas as next quarter is gas on discover

Category 2 is super trash. It should of been gas ⛽️

I'm good. I'll use my amex cash preferred that earns me 6% on groceries. I use my citi cash that earns me 5% on gas.

the Citi custom cash card is better than the freedom officially, 5% cash back monthly in the category you spend the most on. No need to wait on chase to choose a more reasonable category, like gas maybe?

Hey Ben quick question: does it make sense to buy groceries w/ Freedom Flex for the 5x instead of AmEx Blue Cash Preferred earning 6% back? I'm going to downgrade BCP this year since it's not worth the annual fee to me. But wondering if 5x Chase points translates into 8-10% back if redeeming at higher value

1:30
I feel like I am being called out here
40% of my food spend is Chipotle and Dunkin
40% is Freshly meals
15% is various restaurants
Maybe 5% is groceries .. so not EVERYONE shops at grocery stores, at least not a lot
I don't feel like I have a problem .. I'm in better shape than 95% of men in my age cohort who go to the grocery store and cook more meals than me 😛

2:05 I am hoping for not gas. I'm driving a rental that uses gas right now, but my main car is in the shop and electric. So gas is mainly useless to me, even if it included charging stations the cost for a charge is cheap and I mainly charge for free at my apt overnight. Along with gas I also don't want gyms (my work has a gym), Target (it's more than 5% more expensive than HEB and Walmart), streaming (I spend like $20 a month on VRV and YT premium which doesn't qualify), Internet (only $55 a month), phone bills (only $25 a month), and home improvement (I don't own a home).

My ideal categories are grocery (or walmart), paypal, Amazon, and restaurants.

Weird day. So I am a teacher and was trying to find a good video on the Han Dynasty for my China unit. Well I click on a video and what do you know, to my surprise the one and only Credit Shifu is the one explaining the Han Dynasty. Well, congrats for ending up in my class and I mentioned to the students that the host of the video has an excellent finance channel.

At 2:10 lmmfao

for you ,you need gas but what about people who live in big city's they don't have gas stations. they use mass transit , I understand this!

Isn’t chase running a promotion on the freedom cards with 5% back right now? They probably didn’t want to give people 9x back right now if I had to guess

IHG card is sneaky good for gas

Well, guess the Freedom is going in the drawer for a while

Wym 5% cash back for the first 6 grand in the first year is on the website

Streaming services is kind of useless if you already payed for the yearly rate and don't pay monthly.

Yeah, these are pretty trash categories for me personally unless I happen to have a larger purchase like a laptop coming up (which I don't). We have like 3 of those streaming services for a total of maybe $35 / month which isn't even worth switching the payment method to me. They're more valuable in their current use as a way to have small monthly payments to automate keeping cards that we use less often active.

If I product change my Freedom Flex card to a freedom OG card, can I still be eligible for sign up bonuses on a New freedom flex card?

Where can you find your progress of spending on your activated quarterly bonus?

The only streaming service I use is Crunchyroll. I already have the Amazon card as well, but luckily I just got the freedom flex so it’s still a great 5% gas card for the whole year.