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What Could You Do With $300? Find Out With This Offer

May 2, 2019
Credit Cards, Promos
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In spring 2019, the Chase Freedom Unlimited® revamped its rewards structure. Previously, it earned 1.5% cash back on all purchases. Now, the card offers 3% back on all purchases in your first year, on up to $20,000 spent. After that, you’ll earn 1.5% back on everything else. The card also no longer offers a sign-up bonus.

You’re not going to find $300 in your couch cushions, and your odds of winning it with scratch-off tickets aren’t that great. You may have a better chance by pre-qualifying on NerdWallet for the Chase Freedom® or the Chase Freedom Unlimited®.

Users who pre-qualify could be eligible for a $300 bonus on one of these cards. That’s twice the size of the usual bonus on these cards, which is: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. 

The pre-qualification process involves a quick credit check that doesn’t affect your credit score. It’s a way of knowing your likelihood of approval — think of it as a soft “yes.” If you get an offer you like, you can then formally apply. 

It’s not every day you get the chance to qualify for $300. It’s not the lottery, but you can dream a little. Consider what you could do with that amount:

  • Hop on a last-minute flight and enjoy a weekend getaway
  • Grab friends or family and take a road trip
  • Get decent seats at a concert or other event
  • Pamper yourself at the spa
  • Get a new phone
  • Get a smart home device: Amazon Echo, Google Home or Apple HomePod
  • Splurge on a smartwatch or tablet
  • Be responsible and start a small emergency fund or contribute to an existing one

If what your heart desires exceeds $300 by a lot, at the very least you can take $300 off the cost.

The Chase Freedom® and Chase Freedom Unlimited® credit cards continue to reward you long after you find a use for the bonus:

  • Chase Freedom®: Earn 5% cash back in rotating bonus categories, on up to $1,500 in spending per quarter, and 1% cash back on all other purchases. The annual fee is $0. The bonus categories for the second quarter of 2018 are grocery stores, PayPal and Chase Pay.
  • Chase Freedom Unlimited®: Earn 3% cash back on all purchases in your first year, up to $20,000 spent. After that, earn an unlimited 1.5% cash back on all purchases. The annual fee is $0.

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