Update: The increased bonus is also available through the Chase website and other channels.
Chase has an increased offer on their Freedom card through their referral website. Select current cardholders can refer their friends and earn 5,000 points. Their friends will earn:
- 20,000 points ($200) after spending $500 in the first 3 months.
- 2,500 points ($25) after adding an authorized user who uses the card within the first 3 months.
- Offer expires June 24, 2015
This is the highest the bonus has been over the past several years. The last time the bonus was this high was in 2014 when the same exact offer surfaced. Unlike past referral promotions, this one seems to not be available to all Freedom cardholders. None of my family’s three accounts are eligible to refer people for example. You can check your eligibility here.
For more information and analysis, see this Doctor of Credit post.