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Chase Ultimate Holiday Rewards

Trying to pinch a few pennies this holiday season? Chase wants to help with its “Ultimate Rewards” rewards program! Through the program, Chase is kicking off its annual holiday promotion to give you rewards and outstanding value. As a “Chase Freedom,” “Chase Sapphire” or “Ink from Chase” cardmember with Ultimate Rewards, you can now start taking advantage of merchandise redemption discounts, opportunities to earn bonus points, and a Best Buy gift card bonus offer. These include the “Give a Gift, Get a Free Gift Card,” giving you a free Best Buy gift card as a bonus – a $10 gift card for 5,000 points or a $25 gift card for 10,000 points from November 14 through December 20 when you participate in Ultimate Rewards and redeem 5,000 points or more in a single transaction.

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Chase Freedom(SM): Now with 5% Rotating Rewards

The Chase Freedom(SM) rewards program is about to become a lot more like Discover More’s. Chase recently announced that its Chase Freedom(SM) rewards program will be undergoing yet another makeover, to provide a “simple, straightforward way to earn 5% cash back in popular seasonal categories.”

Effective April 1, 2010, customers will be eligible to earn 5 percent cash back on the most popular spending categories, like dining, drug stores and grocery stores, through seasonal promotions. Other purchases would continue earning a 1% rebate. Gone, however, is the $50 bonus for redeeming $200 in rewards at once. And much like Discover’s program, cardholders will have to sign up for the quarterly promotions and are limited to how much spending will earn the 5%.

Beginning March 15, 2010, Chase Freedom(SM) cardholders can enroll in second quarter promotions for a 5% rebate at home improvement stores, lawn and garden outlets, home furnishing retailers and drugstores.