Why that is the simplest time of the 12 months to earn 5 factors per greenback spent

Essentially the most fantastic time of the 12 months has begun. Fall is right here, spooky season is upon us, the vacations are coming and…it is the simplest time of the 12 months to earn 5 factors per greenback in your purchases.

Identical to has occurred in the previous few years, PayPal is again as a bonus class on the Chase Freedom (now not obtainable to new candidates) and the Chase Freedom Flex℠.

From Oct. 1 by way of Dec. 31, 2022 (activation required), Chase Freedom and Freedom Flex cardholders earn 5% money again (as much as $1,500 in purchases) in one of many easiest-to-maximize classes of all time: PayPal.

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The place can you utilize PayPal?

Whilst you could or could not have seen earlier than, it’s quite common for PayPal to be a checkout choice when procuring on-line — even from main retailers that additionally settle for bank cards instantly.

Whether or not you’re testing at,, or simply need to reload your Starbucks app, PayPal is commonly a cost choice. Some bodily shops are additionally now accepting PayPal as cost.

As a straightforward instance, if you’re putting an order from, choose the edit cost choice, select PayPal along with your linked Chase Freedom or Chase Freedom Flex card after which so long as you activate the bonus by Dec. 14, these 5 tremendous simple factors per greenback are yours — as much as the $1,500 quarterly most for the bonus classes.

Associated: The way to use PayPal along with your bank cards


Are you able to earn bonus factors on PayPal transfers to different folks?

What about different PayPal choices, like sending cash to another person?

Whereas we’ve not tried it but this 12 months, prior to now, these transactions additionally counted as bonus triggering occasions. Although take into account that in contrast to when testing by way of a retailer’s on-line web site, while you simply ship cash to a good friend or related, you’re sometimes the one paying the PayPal price.

When this bonus appeared prior to now, I paid a good friend again $120 by way of PayPal. There was a $3.78 price to ship $120 by way of PayPal. Nevertheless, I earned 619 factors on that cost on my Freedom. Since I even have a Chase Sapphire Reserve®, these 619 factors had been value $12.38 to me based mostly on TPG’s level valuations, which is greater than the $3.78 in charges it price me to earn the factors.

Associated: The way to maximize Final Rewards factors


In the event you don’t even have a premium Final Rewards card, the factors earned on the Freedom are sometimes value 1 cent every, which might be $6.19 within the instance above.

That’s nonetheless $2.41 extra in rewards by my calculations than the charges themselves. However even for those who don’t have to ship cash to a good friend, you’ll be able to usually try from tons of of shops on-line utilizing PayPal, pay no added charges and nonetheless rack up 5 factors per greenback.

Associated: Why I product modified from a Freedom to a Freedom Flex Card

Backside line

The largest problem of the rotating Freedom bonus classes, after all, is maintaining with them since they modify each three months.

This one is fairly simple although as you’ll be able to simply go set your eligible Freedom card because the default in your PayPal account after which try by way of that methodology when procuring on-line by way of the tip of the 12 months.

In the event you do this and have on-line procuring patterns which might be something like mine throughout the previous few months of the 12 months, you have to be maxing out this quarter’s bonus class very quickly.

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