Chase Freedom® quarterly rewards categories for Q1 2024

Written by
Maryalene Laponsie
Terms apply; see the online credit card application for full terms and conditions of offers and rewards.

At CardRatings.com we discuss the most up-to-date news and trends within the credit card space. Since we first pioneered the concept of online credit card reviews in 1998, our team of financial experts has provided comprehensive and unbiased credit card reviews for more than 175 cards, plus hundreds of additional resource articles to help educate everyday cardholders so they can feel more confident about their card choices. All our content is written and reviewed by industry experts. Though our content may occasionally contain references to products from our partners, we maintain strict editorial integrity and advertiser relationships and compensation never influences ratings, reviews or featured products. The difference between editorial content and advertising must always be clearly stated. Learn more.

Another quarter, another chance for CardName and Chase Freedom® cardholders to rack up 5% cash back on up to $1,500 spent in bonus categories. If you have either of these cards in your wallet, don’t miss out on the opportunity to earn up to $75 in additional cash back.

Note: Chase Freedom® is no longer accepting new applications, but existing cardholders are still eligible to earn in the bonus categories. Information about Chase Freedom® and Chase Freedom FlexSM has been collected by CardRatings and has not been provided or approved by the issuer of the card.

CardName

discontinued
Welcome Offer
bonus_miles_full
Rewards
points_miles_per_dollar
Annual Fee
AnnualFees
Credit Needed
CreditScoreNeeded

What are the Chase quarterly rewards categories for the first quarter of 2024?

From January-March 2024, Chase will award 5% cash back on up to $1,500 in total purchases made across three categories: grocery stores, fitness clubs and gym memberships, and self-care and spa services.

Within each category, there are certain inclusions and exclusions.

Grocery stores

  • Includes supermarkets, full-service grocery merchants such as delis or bakeries, and small grocery stores.
  • Delivery services may be covered if they are classified as a grocery store merchant.
  • Excludes Walmart, Target, warehouse clubs, discount stores or merchants that carry only a few grocery items.
  • Purchases made at gas stations attached to grocery stores may not be included.

Fitness clubs and gym membership

  • Includes health clubs and exercise or athletic facilities requiring membership such as fitness clubs, fitness centers, fitness studios and gym services.
  • Excludes personalized and therapeutic services such as massage therapy, dietary and weight management counseling and personal training.
  • Fitness clubs at hotels, resorts and similar locations may not be included.

Self-care and spa services

  • Includes services such as massages, spa treatments, manicures, tanning, and barber and salon services purchased at merchants specializing in these services.
  • Excludes services provided by medical professionals.
  • Services provided at hotels may not be included.

Ultimately, whether a purchase qualifies for bonus cash back depends largely on the merchant code assigned to a business.

Chase 5% cash back calendar

The entire Chase 5% cash back calendar for 2024 hasn’t been revealed yet – each category will be announced before the start of the new quarter. However, we can look back at the 2023 categories to get an idea of what the future might hold.

2023 Chase 5% cash back calendar

January-March

April-June

July-September

October-December

2023:

Grocery Stores (excluding Walmart), Target, fitness clubs and gym memberships

Lowe’s and Amazon.com

Gas stations, EV charging and select live entertainment

PayPal, wholesale clubs and select charities

You’ll earn 5% back on the first $1,500 in combined spending on purchases in the bonus categories during each quarter. After that, you’ll earn 1% cash back on any additional spending.

This bonus cash back is in addition to the other great rewards offered by the CardName. Those are:

  • 5% cash back on travel purchased through Chase Ultimate Rewards
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1% cash back on all other purchases

How to activate Chase Freedom cash-back categories

In order to earn 5% cash back on each quarter’s bonus categories, you’ll need to activate the offer. Doing so is easy, though. Chase offers numerous ways to activate the bonus categories:

  • Through your online account or the Chase bonus activation page
  • In the Chase mobile app
  • Via an email sent by Chase before the start of each new quarter
  • By calling the number on the bank of your card
  • At any Chase bank location
  • When making a cash withdrawal at an ATM

The deadline for activating the Q1 2024 categories is March 14, 2024. Once you have activated the offer, all eligible purchases from the quarter will receive the bonus cash back.

While you are activating your Chase categories, don’t forget to also do so in your Discover account if you have an eligible card. Discover also has quarterly bonus categories that must be activated.

How to redeem Chase credit card rewards

Once you have earned cash back – whether from the quarterly bonus categories or regular spending – you have several options for redemption:

  • Cash: Use your cash back as a statement credit or have it deposited into your bank account.
  • Shopping: Cash back can be used to make purchases at Amazon.com.
  • Gift cards: Choose from gift cards for a variety of merchants.
  • Travel: Cash back can be used to pay for travel booked through Chase Ultimate Rewards.

Chase Freedom offers the ability to combine rewards

One extra perk of the CardName is the ability to combine rewards with other Chase cards. That’s because CardName rewards accumulate as Chase Ultimate Rewards points, the same points that cardholders of the CardName, CardName, CardName and the Chase Ink family of small business cards earn.

By combining rewards from multiple cards, you can maximize their value. For example, CardName members enjoy 25% more value when they redeem their points for travel through Ultimate Rewards, and CardName cardholders can take advantage of 50% more value when redeemed that way.

That means the points you earn with the Chase Freedom account could be worth more if you redeem them under your Sapphire Preferred or Sapphire Reserve account. For more info about making these points work for you, check out our Chase Ultimate Rewards® points guide.

author
Maryalene Laponsie
Cardratings Contributor

Maryalene is a freelance contributor to CardRatings.com and specializes in personal finance topics such as credit cards, budgeting, saving and investing. She has written professionally for nearly 25 years and is a regular contributor to U.S. News & World Report, Money Talks News,...Read more

Featured Partner Cards:

Disclaimer:

The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.