Chase Freedom cards announce new bonus opportunities for May

07.05.2024 - 18:23 / thepointsguy.com / Chase Freedom

Chase Freedom cardholders will be happy to know that a popular promotion has returned — perfect timing if you're looking for gifts for Mother's Day, Father's Day, upcoming graduations or just for the Summer season.

The Freedom Month of More promotion includes bonuses on both the earning and redemption sides, with elevated rates through the Chase shopping portal and extra value when using your points for Apple products and gift cards. Cardmembers can cash back on purchases all month long.

Here's a detailed look at the available offers in the Month of More promotion.

Chase Freedom cardholders are getting some love this month, with this promotion running through May 2024. The following cards are eligible:

With the Freedom cards, your points are typically worth just 1 cent each for any of the redemptions we'll cover in this promotion. However, the Month of More offers 10-15% more value, making your points worth up to 1.15 cents apiece instead.

Simply log into the Ultimate Rewards portal to take advantage of the new options detailed below.

The information for the Chase Freedom, Chase Freedom Student and Chase Freedom Rise has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

If you've been eyeing Apple products, now could be a great opportunity to jump on it. When you use your Chase points through the Apple Ultimate Rewards store, your points are worth 10% more — making your points worth 1.1 cents apiece.

If you're looking to purchase gift cards, you'll enjoy up to 15% off when you use your Chase points. This works at popular brands like Belk, Dominos, Chilis, Nordstrom Rack and more. The following brands below have discounted rates on gift cards:

A $100 gift card at Belk would typically cost 10,000 points, but you could get one for as little as 8,500 points with this discount.

We always recommend you check shopping portals for opportunities to earn bonus points. Right now, the Chase shopping portal has bonus earnings of up to 15% cash back on brands like Macy's, Bloomingdales, Nike and more. These bonus cash back brands are:

This promotion works as if you were shopping through any online portal. Head to 'Earn Bonus Points' on the Ultimate Rewards portal and shop through the link of the respective retailer to earn these bonus points this month.

Related: How to maximize points and miles on Mother's Day purchases

Normally, your cash back is worth 1 cent each for redemptions. However, if you also carry the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® Card, your Ultimate Rewards points can be worth up to 2.05 cents each, according to TPG's valuations. That's because you can unlock transfers to Chase's travel