How you can earn 5x points on groceries

Great news for those of you holding Chase FREEDOM (no longer available), FLEX and Unlimited credit cards! The Q1 rotating categories have been announced and it's time to activate. These cards offer bonus categories that change every quarter. You have to activate the bonus which you can do anytime during the quarter and it's retroactive. 

Then you earn 5x Ultimate Reward points on purchases up to a total of $1,500. Pretty sweet! 

Past categories have included retailers such as gas, Walmart, and PayPal. The strategy is to switch your spending in those categories to these cards for the quarter to max out the points. Then transfer your points to your Chase Sapphire Preferred or Reserve credit card to max out the value. Make sense?

I love Chase Ultimate Reward Points because they are so flexible. You can transfer them to dozens of airlines, Marriott, Hyatt, IHG, pay yourself back in cash, and more. 

Okay, so here's the big announcement for Q1, the categories are groceries and Ebay. I love when the category is groceries because it's so easy to rack up the bonus points fast. When you get a chance, activate the offer by logging into your Chase.com account and clicking on the activate button.

Then label that card for groceries so you remember to swipe it the next time you are at the store starting Jan. 1. If you don't have a Chase FREEDOM Unlimited or Flex card yet, consider using my referral link when you apply. The bonus right now is $200 for a $500 minimum spend. Pretty sweet. This is my go-to card since there is no annual fee. However, you will want the Chase Sapphire Preferred or Reserve card also since those cards give you access to travel partners and offer more value in the travel portal. You can apply for one of those cards using this link.  Right now, the bonus is 60,000 points for a minimum spend of $4,000. That's about $750 in the travel portal. Woohoo!