Earn 10X Points with the Chase Freedom this Month

10x points

Update: This offer is also compatible with the Chase Freedom Unlimited card.

Chase announced a promotion today with its Chase Freedom card. You earn a total of 10 percent cash back, or 10x points if you’re a Chase Ultimate Rewards customer, on up to $2,500 in combined hotel and car rental purchases made through the Chase Ultimate Rewards portal.

Why 10x points are significant

The Chase Freedom usually earns 5x points, on up to $1,500, on quarterly rotating bonus categories. This quarter’s category is local commuter transportation and also gas stations. So, not only is this 10x points deal double of the usual earning potential, it also extends your spending cap by another $2,500. This is significant, especially because hotels and rental car are usually high dollar items, so maxing out in this category is not unrealistic.


Pros and Cons

Please keep in mind that this promotion is only valid on the Chase Ultimate Rewards travel portal (I’ve had more luck using the app than the actual website). While the Chase UR portal does offers some pretty good hotel deals, the same cannot be said for their rental car selection. Rental car prices in the portal are far above average. Another major downside, again involving rentals, is that the Chase Freedom card does not offer primary rental car coverage like the Chase Sapphire Preferred or the Chase Sapphire Reserve. So I wouldn’t really use this offer for rental cars personally.

One major Plus, however, is that this is the one time you can use your Chase Freedom card abroad guilt-free. I used this offer to book a hotel room in Germany and was charged immediately in USD. Just make sure to bring a card that doesn’t charge a foreign transaction fee if you also book a room overseas, in order to cover any potential taxes, fees and incidentals.

The Chase Freedom 10x points offer is not one to come around too often, so hop on while you still can. In fact, the last time I remember Chase had a 10x points offer was December 2015 on Amazon purchases.

Will you take advantage of this incredible offer? What will you use it on?