Chase Announces Q4 Freedom 5% Back Categories

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Last updated on October 10th, 2022

The Chase Freedom Flex will earn 5% back on purchases at Walmart and with PayPal. The bank unveiled its latest 5% back categories earlier this week, with eligible cardholders earning 5% back on the first $1,500 in those categories from October until the New Year. Here are all the details:

Freedom Flex Q4 Bonus Categories Revealed

Chase has unveiled the new 5% back quarterly categories for its popular Freedom Flex World Elite Mastercard. Starting October 1 through December 31, Chase Freedom and Freedom Flex cardmembers can earn 5% cash back on up to $1,500 in combined purchases on the following:

  • PayPal: Cardmembers will automatically earn 5% cashback on eligible purchases made when checking out with PayPal at tens of millions of online businesses.
  • Walmart: Cardmembers will automatically earn 5% cashback when shopping for gifts, groceries, and more at Walmart or Walmart.com. Purchases made using PayPal at Walmart will only earn a total of 5% cashback.

These 5% cash back quarterly categories are in addition to the 5% cash back Freedom Flex cardmembers already earn on travel purchased through the Chase Ultimate Rewards portal, plus the 3% cash back on dining and drugstore purchases, and 1% cash back on all other purchases made with the card.

“Get a Jump on Holiday Shopping”

“Each quarter, we look forward to giving cardmembers new opportunities to earn cashback on their everyday spending, and with our new Q4 categories, they can also get a jump on their holiday grocery shopping and find that perfect gift at the same time,” said Kristen Bowdoin, General Manager of Chase Freedom in a press release. “We are thrilled to bring back these two popular categories to make the holiday season more rewarding.”

Walmart a Popular Cash Back Category

The addition of Walmart as a 5% cash back category places the Freedom Flex in direct competition with the Discover It Cash Back. That card, which also offers rotating categories, features Walmart.com, Target.com, and Amazon.com as its Q4 5% categories.

Chase Freedom Flex cardmembers will enjoy their Q3 5% back categories through the end of September. Those categories include select streaming services and grocery stores (excluding larger stores like Target or Walmart. And since the Flex now offers 5% back on groceries for the first year to new cardmembers, that cash back potential jumps to 9% back at grocery stores through September 30.

Related Article: Chase, Discover, & ABOC 2021 5% Cash Back Calendars

Featured image by yohoprashant / PixaBay

About: Cory
Cory Santos

Cory is BestCards.com's "Jack of all trades" and resident credit expert, covering all facets of the credit card space. Cory holds academic degrees in both the U.S. and U.K. In addition to credit cards, Cory finds that jogging, cats, and memes are essential parts of a balanced day.

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