Why I LOVE going to the grocery store – not what you think!

As most of you know by now, the majority of our travel is from earning and burning points and miles from our various credit cards. We don’t earn too many of them from travel but rather from strategically using our credit cards as well as credit card sign ups.

As I have mentioned in the past, one of my favorite combination of credit cards is the Chase Sapphire Preferred credit card with the Chase Freedom card. The Freedom card by itself is a money back card but if you have the Chase Sapphire Preferred card or one of the Chase Inks (business cards) then the Freedom card will earn the Ultimate Reward points that can be transferred to airlines and hotels and formerly AMTRAK.Freedom

What is unique about the Freedom card is that they have different category spending per quarter. The second quarter of this year is 5 times points at grocery stores and big box stores like Sam’s Club, BJ’s Warehouse, Costco, etc.

I need to have a few windows replaced and had Lowe’s come over and give me an estimate for the window replacements – over $2,000.00. Hmm, my local grocery stores sells Lowe’s gift cards and if I purchase them this quarter, I’ll get 7,500 ultimate reward points rather than just the 2,000 points from paying Lowe’s directly.  Note:  you are limited to spending $1500 per quarter to get the bonus points.  Do I hear a Cha Ching!

That got me thinking.  What else do I ordinarily spend money on that I could purchase a gift card for during this quarter? I always need gas so a few BP gas cards went in my basket as well as a few restaurants gift cards and movie theatre gift cards and of course, those lovely and ever so versatile VISA $500 gift cards. Luckily, Blogger Hubby also has a Freedom that that we can use for all these extra points.

This should be a banner month for me with it all ending on June 30th. I hope you have the Freedom and and have taken advantage of this quarter’s bonus categories. If you don’t have it and are interested in one, please leave me a message in the comment section.

UPDATE:  Mommy Points has just written that Chase Freedom will continue to pay 5 x points when used at wholesale club stores through the end of the year.  You can read her post here.

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2 thoughts on “Why I LOVE going to the grocery store – not what you think!

  1. It’s important to note that the increased bonus is good for up to $1500 in purchases each quarter. So putting more than $1500 will not get you 5 points per dollar over that threshold amount.

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