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Chase Freedom Rewards

July 15th, 2014 at 07:52 am

The Chase Freedom Rewards points came through today. My estimated is that we'll get about $50 per month in rewards, and this month was pretty close at $55.17. The 5% category this quarter is gas, which hits at a good time because there are two weekends in the quarter where I drive about 450 miles in three days. (Normally I drive 25 miles round-trip for work each week, and maybe 10 additional miles the rest of the week, so 450 miles is a lot for me! S has a company car so they pay for his gas, so it's only me and the lawnmower that use the Chase card for gas.)

Starting Balance: $514.11
Ending Balance: $569.28

Gift Fund
Goal - $500
Balance - $500.00
Remaining - $0.00

Movie Card Fund
Goal - $100
Balance - $69.28
Remaining - $30.72

The movie card should be finished next month. I was considering using 50% of the rewards to bulk up the gift fund, and 50% toward the Mega Savings Challenge, but the way my snowflakes have been going, I might just add it all to the Challenge! I think I'll just play it by ear, and use the rewards to round out the Challenge if they're needed.

2 Responses to “Chase Freedom Rewards”

  1. SecretarySaving Says:

    What's the movie card fund for? Is that a gift for someone or to yourself?

  2. doingitallwrong Says:

    The movie card is for myself. Smile We used to get debit card rewards, and a $100 movie card was only $75 worth of points. They discontinued the debit card program, but we had it for several years and I got used to not paying for movies, so now I have an aversion to using anything other than a gift card! The rewards program is dollar-for-dollar, but what I'll do is take the cash and buy the gift card with the rewards card for another $1 in rewards.

    I don't go to the movies too often; the last $100 card started in November and I've still got about $60 on it, but if hubs and I both go it's easily $30 or more so when it goes, it goes fast!

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