How to Optimize Chase Freedom Flex, Discover it Cash Back for Q2 2023

From April 1 to June 30, 2023, cardholders will earn 5% money again on as much as $1,500 in mixed quarterly spending within the following bonus classes:

Uncover it® Money Again (and different qualifying Uncover playing cards)

Each playing cards earn 1% again after the $1,500 spending cap is met and on all non-bonus class purchases. (The Chase Freedom Flex℠additionally has different bonus classes which might be uncapped and stuck — not rotating.)

The rotating classes have to be activated every quarter to qualify for five% again. Chase cardholders can activate bonus classes on-line or within the Chase app by June 14, 2023. Bonus rewards may be earned retroactively (purchases throughout the quarter however previous to activation will nonetheless earn bonus rewards). For eligible Uncover playing cards, bonus rewards may be earned ranging from the date cash-back classes are activated on-line.

Listed below are some tricks to maximize your 5% bonus classes this quarter.

Because the world’s largest on-line retailer, Amazon sells virtually all the things. So should you’re a Chase Freedom Flex℠cardholder and like the comfort of purchasing out of your sofa, you’ll be able to earn bonus rewards on all the things from electronics to spring cleansing provides and extra.

Should you don’t have $1,500 value of stuff to purchase in Q2, you’ll be able to at all times purchase Amazon present playing cards to lock in that 5% again on future purchases. Amazon additionally sells many third-party present playing cards. So should you plan to buy at one other retailer, see whether or not Amazon sells a present card to that retailer first and use the present card on your buy.

It’s additionally a good suggestion to set your Chase Freedom Flex℠ because the default cost methodology on Amazon so that you don’t miss out on that money again.

Chase Freedom Flex℠ cardholders can be rewarded for tackling house enchancment initiatives this spring. From crops and paint to lightbulbs and lumber, purchases at Lowe’s (together with at Lowes.com) will earn bonus money again (as much as the quarterly cap) via the tip of June.

If work round the home isn’t in your to-do record, Lowe’s sells different merchandise, similar to family cleansing merchandise, cornhole boards, batteries and snacks. Lowe’s shops even have a present card rack, so you’ll be able to nonetheless seize that 5% money again whereas buying at different retailers.

The typical American spends round $3,000 eating out yearly, in line with the Bureau of Labor Statistics. Uncover desires to place a few of that money again in your pocket in Q2.

Eligible Uncover cardholders can earn bonus money again on full-service eating places, cafes, cafeterias, quick meals and restaurant supply companies. As well as, meals ordered via an app like DoorDash or UberEats will qualify for bonus rewards, which will help offset these infamous service and supply charges.

Shopping for in bulk will help you save money and time. For Q2 2023, Uncover will make it much more rewarding to refill on necessities at wholesale golf equipment in particular person or on-line, together with BJ’s and Sam’s Membership. Whereas Costco doesn’t settle for Uncover in-store, you’ll be able to nonetheless use your card to take a look at on-line to seize that bonus money again.

Should you’re all stocked up on paper towels and cereal, wholesale golf equipment usually even have aggressive costs on client electronics, furnishings, jewellery and extra.