Chase Launches 5% Back on Gas for New Freedom Members

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As inflation continues to hit consumers in their wallets, Chase hopes to ease some of the financial burdens of rising costs through a new promotion. As of January 13, new Chase Freedom Flex and Freedom Unlimited cardmembers can earn $200 plus 5% cashback on gas, allowing them to earn and save every time they fuel up! Here’s everything you need to know about Chase’s new 5% cash back gas promotion:

Chase Adds 5% Back on Gas to Freedom Flex and Unlimited Cards

With the recent increase in gas prices, driving to the grocery store, running errands, or a family road trip, filling up your tank can add up. Effective January 13, new cardmembers applying for a Chase Freedom Unlimited or Freedom Flex credit card can earn a $200 statement credit bonus plus up to 5% cash back on gas station purchases. New Chase Freedom Unlimited and Freedom Flex World Elite Mastercard holders earn a total of 5% cash back rewards for each $1 spent on purchases in gas stations made within the first year from opening an account or until they reach $6,000 in gas station purchases, whichever occurs first.

Beyond the new gas purchases cash back welcome offer, Freedom Unlimited and Flex cardmembers earn 5% back on travel purchased through Ultimate Rewards, 3% back on dining (including takeout and eligible delivery services) and drugstores, plus access to rotating quarterly 5% cash back on up to $1,500 in purchases in select categories. Unlimited cardmembers receive 1.5% cash back on all other purchases, while Flex cardmembers receive 1% back, making everyday spending even more rewarding.

Chase’s Previous Promotions

This new gas purchases promotion replaces the $200 bonus plus 5% back grocery store offer that Chase had previously promoted for new Freedom cardmembers. That promotion expired on January 12, 2022.

Related Article: Chase, Discover, & Citi 2022 5% Cash Back Calendars

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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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