Chase Encourages Mobile Wallet Use With Reward Offerings

Wednesday, January 3rd, 2018
Updated: January 3rd, 2018
The content is accurate at the time of publication and is subject to change.

New reward options for Chase card users may get them to download and use a mobile wallet app, even if they’ve been reluctant to do so before. Chase Freedom is offering 5% cash back on up to $1500 in purchases over the first quarter of 2018, when they make purchases with Chase Pay, Apple Pay, Android Pay, or Samsung Pay.

BJ Mahoney, general manager of Chase Freedom, explained why the company is adding an incentive for folks to use mobile wallets. “We want Chase Freedom cardmembers to try – and enjoy – the convenience of mobile wallets. They can maximize their rewards not only by paying for necessities, but also by splurging, like for their favorite coffee, when using a mobile wallet.”

Besides getting 5% back for mobile wallet purchases, Chase cardholders can get 5% back on anything they buy at a gas station, and on their bills for internet service, cable television, phone service, Spotify, Hulu, and Netflix.

The popularity of rotating categories and cash back credit cards

Many cash back rewards credit cards employ the strategy of offering rotating reward categories, with a 5% back offer that changes with the seasons. Usually, cardholders have to activate the offer in order to take advantage of it, either by calling or clicking online. Once they’ve done so, they earn 5% back on all purchases in whatever the given category is that quarter. There’s almost always a cap on the rewards they can earn, with cardholders typically offering a maximum of $75 cash back per quarter, on purchases totaling $1500. After that, cardholders continue to earn 1% back on all purchases.

The spending categories are usually in line with the seasons, with folks getting extra cash back on home improvement purchases in the spring, department stores during the winter holidays, and amusement parks in the summer, just for example. Cash back credit cards tend to be available to folks with average to good credit, making them more attainable to a person with no credit history or limited credit. An elite rewards card might not approve the application of someone with limited or no credit, but a cash back card with rewards in rotating categories is generally more accessible to people with a range of credit scores.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest No / Limited Credit Card News

Wednesday, July 4th, 2018
They say knowledge is power. And in the case of credit scores, it seems to be true. A recent survey by the Consumer Federation of America (CFA) and VantageScore Solutions, ...
Thursday, July 20th, 2017
When you’re in the market for a new credit card, nabbing one with the lowest APR possible is of primary importance. So customers of Navy Federal Credit Union will be glad to hear ...
Saturday, February 18th, 2017
Green Dot Corporation has acquired the popular prepaid card co-founded by Russell Simmons, RushCard, for $147 million.
Friday, August 19th, 2016
The Consumer Financial Protection Bureau (CFPB) is considering a proposal that would change the way debt collectors operate in the United States. The new guidelines would limit ...
Thursday, March 17th, 2016
Ever since the economic crash of 2008, banks have tightened their lending standards, leading to less available credit for Americans.
Best Credit Offer
Horizon Gold
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2018 BestCreditOffers.com All Rights Reserved.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

Disclosure: Not an access card.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.