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Chase Freedom Rewards

August 15th, 2014 at 12:49 pm

The Chase Freedom Rewards points came through today. I've estimated that we'll get about $50 per month in rewards; this month was a little higher at $75.91. The 5% category this quarter is gas, and I've had a few 320-mile round-trips this month, so it adds up fast.

Starting Balance: $569.28
Ending Balance: $645.19

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

Movie Card Fund
Goal - $100
Balance - $100.00
Remaining - $0.00

Both goals met, yay! Now I need to add a new line item:

Excess - $45.19

I'm still in theory going to allocate 50% of the rewards to bulk up the gift fund, and 50% toward the Mega Savings Challenge, but I think I may just let it build up until the end of the year and then see where I could use it most. Ideally I won't need it at all and it can roll over to next year's goals. Smile

Posted in Personal Finance, Saving Money, Rewards | 2 Comments »

2 Responses to “Chase Freedom Rewards”

  1. creditcardfree Says:
    August 15th, 2014 at 12:56 pm 1408107392
    1408107392

    Nice! I do like the 5% on gas. We are using our Chase Freedom for that now and earned about $33 last month.

  2. doingitallwrong Says:
    August 15th, 2014 at 01:15 pm 1408108537
    1408108537

    It's a good reward. Most of the rest of the year I pay cash and use my Kroger Plus card for savings, but it usually pays better to use the 5% reward when Chase has it.

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