Chase Freedom Card - Cash Back Calculator

Chase Freedom Card

5% Rotating Categories

Calculate how much cash back you can earn with the 5% rotating categories featured on the Chase Freedom Card.


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The Chase Freedom Card is a great cash back card that features 5% cash back rotating quarterly categories. This means that every quarter, the categories in which you earn 5% cash back for will change. This usually allows you to maximize your cash back using the Chase Freedom for that given category.

Do note that you must activate your 5% rotating category every quarter. These will not activate on there own. Chase usually allows you to do this 15 days before the quarter start up until about 15 days before the quarter ends. If you do not activate the 5% category for the quarter, all purchases will be treated as non-category meaning you will earn 1% cash back. This applies to the Discover IT Card as well.

Bonus Categories

Unlike the Discover IT Card which shows its rotating categories for the whole year, Chase keeps their quarterly categories hidden until shortly before the quarter begins. This means that you will not know what lies ahead when it comes to maximizing your cash back. Luckily, Chase pretty much sticks to similar rotating categories every year so you can get an idea of what categories will be featured throughout the year. The 5% cash back offered every quarter has a combined cap of $1,500 between the featured categories. Any spend after the $1,500 will give only give earn you 1% cash back for the remainder of the quarter. Below are the known rotating categories for this year and a few years prior to give you an idea of the categories featured on this card.

  • Quarter 1 (Q1) - January to March
  • Quarter 2 (Q2) - April to June
  • Quarter 3 (Q3) - July to September
  • Quarter 4 (Q4) - October to December

Q3 2019: Gas Stations and Streaming Services

The Chase Freedom Card third quarter categories are gas stations and streaming services. Gas stations purchases are anything that codes as such while streaming services for Chase are considered to be:

  • Netflix
  • Hulu
  • Sling
  • Vudu
  • FuboTV
  • Apple Music
  • SiriusXM
  • Pandora
  • Spotify

Earning 5% cash back during Q3 puts it at the top of the list next to other excellent cash back cards such as the PenFed Platinum (5x Points) and Ducks Unlimited Visa (5% Cash Back). With streaming services, if you have the AMEX Blue Cash Preferred, it earns 6% cash back on streaming services. If you don't have it, spending on the Chase Freedom Card is the next best thing!

Q4 2019: Department Stores, Paypal, and Chase Pay

The Chase Freedom Card fourth quarter categories are card purchases made at Department Stores and Paypal along with card purchases made through Chase Pay. Being able to earn 5% cash back on department store purchases during the winter holiday quarter is a plus, but even better than that is the ability to earn 5% on purchases through PayPal and Chase Pay. These categories provides an easy way to maximize cash back considering that you can use PayPal and Chase Pay for many types of purchases.

Previous Categories

Below is a list of bonus categories that has been featured on the Chase Freedom Card for 2019 and 2018. This will give you an idea of what kind of categories Chase offers on a yearly basis.

Chase Freedom Categories
2019
Q3 Gas Station & Streaming Services
Q2 Grocery & Home Improvement Stores
Q1 Gas Stations, Tolls, Drugstores
2018
Q4 Department Stores, Wholesale Clubs, Chase Pay
Q3 Gas Stations, Walgreen's, Lyft
Q2 PayPal, Chase Pay, Grocery Stores
Q1 Gas Stations, Internet, Cable, Phone Service Providers, Mobile Wallets (e.g. Apple Pay, Chase Pay, Google Pay, Samsung Pay)

Sign Up Bonus

The Chase Freedom Card has a standard sign up bonus of $150 after you spend $500 on purchases in your first 3 months from account opening. This is a relatively easy signup bonus if you're running spend through the 5% rotating categories featured on the card.

Credit Card Fees

Fees
Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

There is no annual fee for the Chase Freedom Card. This means you can earn the full return of the 5% rotating categories each quarter without worrying about fees eating away at your rewards.

Authorized User Fee

There is no fee to add authorized users to the Chase Freedom Card. I recommend adding friends and family if you're trying to maximize the $1,500 per quarter cap this card has.

Foreign Transaction Fee

The foreign transaction fee for the Chase Freedom Card is 3% making this card a bad choice for international spending.

5% Cash Back Calculator

Since the bonus categories are per quarter, there is no standard calculator to support comparing the Chase Freedom side by side with other rewards cards. The calculator below will calculate the cash back you can earn in any given quarter based on spend. Remember that the bonus cap for each quarter is $1,500 ($500 per month) and that any spend after that will earn you 1% cash back for the remainder of that quarter. Once you hit the cap, it's best to switch either to a card that earns higher for that category or a card like the Chase Freedom Unlimited which earns 1.5% cash back on all purchases.

Monthly Spend
The amount of money spent each month of any given quarter.
$0 per quarter
Estimated Cash Back
The total cash back earned for the quarter.
$0

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any another rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Select a card from the list below to compare it side by side against this card. You can search by card name (e.g. chase sapphire reserve, uber visa) or by rewards program (e.g. thankyou points, membership rewards points).
Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
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0 Cent(s)
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
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Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Options
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Deselect All
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
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Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
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Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
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Calculator Continues Below
Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
$0
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
$0
Edit Fees
Edit the annual fee and authorized user fee of the Card (if applicable).
Annual Fee: -
Auth Fee: -
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
$0
Total Return
The percent you are earning per dollar spent on this card.
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Page Last Updated: 2019-03-26

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