See the latest bonus categories from the Chase Freedom cards and get tips on how to maximize your cash back.
Chase has announced the 5% cash back categories on the Chase Freedom Flex℠ and the retired Freedom card for the second quarter of 2022.
From April 1 through June 30, Freedom and Freedom Flex cardholders will be able to get 5% cash back for making purchases at Amazon.com and on select streaming services (up to $1,500 in combined purchases) after activation. Activation for second-quarter categories on both the Freedom and Freedom Flex launched on March 15 and will be open until June 14, 2022.
Besides that, the Flex card offers 5% cash back on travel booked through the Chase Ultimate Rewards portal and 3% on dining and drugstore purchases. All other purchases earn 1% cash back.
At a glance
Here’s what you need to know:
- Activation for second-quarter categories opened on March 15 and closes on June 14, 2022.
- Cardholders who activate second-quarter categories can earn 5% cash back at Amazon.com and on select streaming services.
- The 5% cash back bonus (which requires activation) is capped at $1,500 in combined purchases per quarter, then 1%.
Chase 5% cash back calendar 2022
|January – March|
|April – June|
(Activation closes June 14, 2022)
|July – September|
|October – December|
Chase only releases its quarterly bonus categories one quarter at a time, so we can’t yet predict what will be offered throughout the remainder of 2022. Here’s a quick look at some of the categories Chase offered in 2021.
Chase 5% cash back calendar 2021
|January – March||April – June||July – September||October – December|
What is included and excluded in the Amazon.com category?
This category includes all purchases made at Amazon.com (other than Whole Foods purchases). For example, items purchased on Amazon.com, Amazon.com gift cards, Amazon Fresh orders made through Amazon.com and more count within this category.
Note, to qualify, transactions must post to your credit card statement before the end of the second quarter of 2022.
What is included and excluded in the streaming services category?
According to Chase, you can earn bonus cash back in this category for purchases made with:
- Apple Music
- Apple TV
- Fubo TV
- HBO Max
- YouTube Premium
- YouTube TV
Tips for maximizing your 5% cash back in Q2 2022
- Try to do most of your shopping online, through Amazon.com, using your Freedom or Freedom Flex card.
- If you need help meeting the spend cap, buy Amazon.com gift cards to keep for yourself or to gift to family and friends.
- Pay for any eligible streaming services you’re subscribed to with your Freedom or Freedom Flex card.
Comparing Chase and Discover bonus categories
Chase isn’t the only card issuer that offers a 5% cash back bonus. Discover also allows cardholders to earn 5% cash back on up to $1,500 in combined spending in rotating categories each quarter, upon enrollment, then 1%.
Chase vs. Discover cash back categories 2022
|January – March||eBay and grocery stores||Grocery stores, fitness clubs, gym memberships|
|April – June||Amazon.com and select streaming services||Gas stations and Target|
|July – September||TBA||Restaurants and PayPal|
|October – December||TBA||Amazon.com and digital wallets|
Which card offers the better deal?
In the second quarter of 2022, which category provides more value really depends on the cardholder.
The Discover it® Cash Back offers bonus cash back at gas stations and Target. Considering the currently sky-high gas prices, you may be looking to travel by car less often – making this category a tad less lucrative. Yet, if it’s necessary that you drive often, you may just end up earning more rewards on filling up the tank than planned. (And, of course, the bonus cash back at Target can be helpful, provided you have a store nearby or prefer shopping there.)
The Chase Freedom and Freedom Flex, on the other hand, offer 5% back at Amazon.com and on select streaming services. Since Amazon.com is one of the largest marketplaces online and sells a huge variety of products, Freedom categories may be easier to maximize for the average cardholder.
On the other hand, if you haven’t applied for either of the cards yet, remember Discover’s Cashback Match feature. The issuer matches all the cash back you earn in your first year with the card. In this scenario, the Discover it Cash Back offers a better return on your spending.
We can’t predict which card will be best for you for the rest of 2022. Discover has already announced its categories for 2022, but Chase only releases bonus categories one quarter at a time. Visit our page for more information on Chase credit cards.