Chase Freedom w/ Chase Pay: 10% Back On Up To $300 At Best Buy

Edit 1: The landing page for this offer is now listing this promotion as 10% back on up to $300, so it appears to have been reduced from $400.

Edit 2: This offer is now available on other Chase cards.

There’s a new Chase Pay promotion out offering 10% back at Best Buy, but there are a couple of important restrictions.

Here’s what you need to know:

Chase Pay Best Buy

The Deal

  • Get 10% cash back when spending up to $400 $300 at Best Buy and paying with Chase Pay.

Key Terms

  • Offer ends February 4, 2018.
  • Valid in-store only.

DoC’s done the legwork and confirmed a few important details with Chase:

  • 10% cashback when paying with Chase Freedom only. i.e. Unlike some of the other recent Chase Pay offers, this offer’s not available for Chase Freedom Unlimited, Chase Sapphire Reserve, Chase Sapphire Preferred or Chase Sapphire cardholders.
  • No enrollment required.
  • Chase Pay is one of this quarter’s 5% categories for the Chase Freedom card. This deal will therefore count towards your $1,500 quarterly allowance. If you’ve already maxed out this quarter’s allowance, you’ll earn 6% (rather than 10%) on up to $400 $300 spent at Best Buy with this new promotion.

Quick Thoughts

Seeing as the $400 $300 in purchases would count towards your Chase Freedom quarterly allowance, it might make sense to max out your allowance before taking advantage of this new Chase Pay / Best Buy promotion. That way you’ll increase your bonused spend capacity on your Chase Freedom card.

h/t Doctor of Credit

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    • If you haven’t used any of your 5% quarterly allowance yet, you’d earn:

      * 10% on the first $400
      * 5% on the next $1,100
      * 1% on the final $400

    • It was Doctor of Credit who received confirmation from Chase that it’d be 6% after maxing out Q1.

      I’ve no idea why Chase calculate it that way, but it’s the same thing with the current ShopRite / Chase Pay promo. The landing page for that promo specifically advised that you’d get 6% if you’ve maxed out Q1 – here’s their wording:

      “If you do not activate your bonus categories, or you have already made $1,500 in combined purchases for bonus categories this quarter, or you reach $1,500 in combined purchases during this promotional period, you’ll only earn a total of 6% cash back on up to $400 maximum when you check out using Chase Pay during the offer period.”

  1. FYI, Best Buy also has a promo going for buying some of the 100 gift cards – get 10 BB GC if buy 100 SW, BP, Shell GC. There were a few other ones too. The promo is advertised on the GC rack. So, if you need the promo GCs, could get 10 per 100 of BB GC.

  2. Has anybody bothered to do the math? Don’t waste your time trying to complete the $1500 in mobile payments spend before doing the Chase Pay promo at Best Buy. Incorporate the BB spend into your $1500 quarterly spend for maximum benefit. The math works such that if you do the BB spend AFTER the $1500 quarterly spend, you’re effectively getting only 1x difference on your BB purchase than if you spent it within the $1500 for 10x spend. Long story short, Chase is capping their “bonus” points allocated to mobile payments at a grand total of 7500 points for this quarter. To maximize, purchase $1200 in mobile payments elsewhere (you’ll get 6,000 UR points) and then $300 at Best Buy (3,000 UR points) Total of 9k UR points. If you were to do it AFTER $1500 spend, you’ll get 7,500 UR points on the $1500, then 1,800 UR points for Best By spend (total of 9,300 UR points). Only difference, you spent additional $$ fees at Best buy for a net gain of 1x points (poor decision).

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