The Chase Freedom Flex will earn 5% back on grocery stores, fitness and gyms, and self-care and spas. 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 January through March 31, 2023. Here are all the details:
Chase Announces Q1 2024 Cash Back Calendar Categories
Chase has announced the Q1 bonus categories for its 2024 Chase Freedom 5% Cash Back Calendar. Like Discover, which previously announced its full Cashback Calendar in advance, Chase only unveils its calendar one quarter at a time – with Chase Freedom Flex and Freedom cardmembers left to anticipate the typically lucrative cash back categories.
What are the Chase Freedom Q1 Bonus Cash Back Categories?
|5% Cash Back Category
|January - March 2024
|Grocery stores (excluding Walmart), self-care and spa services, plus fitness and gym memberships
|April - June 2024
|July - September 2024
|October - December 2024
So, what are the bonus categories for the first quarter? Beginning January 1st and ending March 31st, eligible Chase Freedom cardmembers earn 5% cash back on different categories up to $1,500 in total combined purchases each quarter you activate, with all purchases in the bonus category earning 1% back after reaching that cap in the following categories:
- Grocery Stores: Whether you are stocking up on holiday party items, gifts for family and friends, or preparing for a holiday dinner, Cardmembers can earn 5% on all the essentials at their favorite grocery stores. * Merchants in this category include supermarkets, merchants that offer a full-service grocery line of merchandise including a deli and bakery as well as smaller grocery stores. Some merchants that sell grocery items are not included in this category; for example, larger stores that sell a wide variety of goods and groceries, such as warehouse clubs, discount stores and some smaller merchants such as drugstores, and merchants that specialize in only a few grocery items. Purchases made at gas stations from merchants who also operate grocery stores are not included in this category. Delivery service merchants will be included if they classify as a grocery store merchant.
- Fitness Clubs & Gyms: Cardmembers can “feel the burn” with 5% cash back when beginning their fitness journeys with select fitness clubs and/or gym memberships. * Merchants in this category include health clubs, exercise, or athletic facilities requiring membership and offering access to services related to physical fitness, such as fitness clubs, fitness centers, fitness studios, gyms, aerobics, cardio fitness and other services such as yoga and cross fit training. Merchants that specialize in offering personalized or therapeutic services such as massage therapy, dietary and weight management counseling and personal training are not included in this category. In addition, some merchants that sell a wide variety of general goods, which may include fitness or athletic apparel, sporting goods, dietary food, health food or similar supplements are not included in this category. Also, certain lodging, hotel, motel, resort and central reservation services offering access to third party facilities that include fitness clubs or gyms are not included in this category unless they classify as a fitness club or gym membership merchant.
- Self Care & Spa: Cardmembers can earn 5% cash back on eligible purchases made when utilizing self-care and spa services. *This category includes self-care and spa services, such as massages, spa treatments, manicures, tanning, and barber and salon services, purchased at merchant locations that specialize in providing these services. Self-Care and spa services are typically provided by licensed professionals, however, services provided by medical professionals will not qualify. Purchases of self-care and spa services at merchants that classify their location in another category, for example spa services purchased in a hotel, will not be included unless the merchant classifies the transactions in this category. Purchases of related products and services, for example hair and skincare products purchased at a salon or an overnight stay at a spa, will also not be included unless the merchant classifies the transactions in this category
However you prefer to ring in the new year, Chase Freedom Flex Cardmembers can take advantage of the rotating bonus categories to offset expenses during 2024.
Just to let you know, this offer applies to select Chase Freedom credit cards. The 5% back calendar is available to the following Chase credit cards:
How Does Q1 2024 Compare with Last Year?
Chase always strives to provide enhanced value towards New Year’s resolution-type purchases at the start of the year, but how does this year’s calendar compare with the last? As a reminder, here is the complete 2023 Chase Freedom 5% Cash Back Calendar:
|5% Cash Back Category
|January - March 2023
|Target, grocery stores (except Walmart) and fitness club/gym memberships
|April - June 2023
|Amazon and Lowe’s
|July - September 2023
|Gas stations, EV charging and select live entertainment
|October - December 2023
|Wholesale clubs, select charities, plus PayPal
Official Terms and Conditions
As with all 5% Cash Back Calendars, Chase offers specific rules and regulations regarding eligible purchases. The biggest caveat is that the 5% cash back applies to the first $1,500 in purchases in the quarter. Once a cardholder spends over $1,500, they will earn 1% cash back on all purchases until Q2 begins in April.
Other official terms and conditions from Chase:
Merchants who accept Visa/Mastercard credit cards are assigned a merchant code, which is determined by the merchant or its processor in accordance with Visa/Mastercard procedures based on the kinds of products and services they primarily sell. We group similar merchant codes into categories for the purposes of making rewards offers to you. Please note: We make every effort to include all relevant merchant codes in our rewards categories. However, even though a merchant or some of the items that it sells may appear to fit within a rewards category, the merchant may not have a merchant code in that category. When this occurs, purchases with that merchant won’t qualify for rewards offers on purchases in that category. Purchases submitted by you, an authorized user, or the merchant through third-party payment accounts, mobile or wireless card readers, online or mobile digital wallets, or similar technology will not qualify in a rewards category if the technology is not set up to process the purchase in that rewards category.
Related Article: How to Manage Holiday Spending Debt
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