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Chase Launches 5% Back on Gas for New Freedom Members

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

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