How to Receive $250 From Chase Credit Card For $200 Rewards

Chase Rewards

Many Credit card companies offer good rewards for your daily purchases on their Low APR Credit Card. Some of them are hard to get pre-approved unless you have a very good credit history. These cards usually give 3% to 5% rebates on your major purchases. One such card is the Chase Freedom credit card. In this article, I will explain how you can get bonus $50 over $200 of rewards earned by using the credit card.

Things You'll Need

• Low APR Credit card from Chase Freedom Credit card
• Regular use of credit card for most of your purchases (which will earn you rewards faster)
• Patience till your rewards reach $200.

Instructions

1. 

   APPLY FOR CREDIT CARD -

   JP MORGAN CHASE Bank has some of the best Low APR Credit Card offers I have seen. My two major credit cards are from Chase which earn me good rebates every month. One is the CHASE BP (5% rebate on Gas purchase at BP, 1% on other purchases) and CHASE FREEDOM (3% cash back on top 5 categories every month and 1% cash back on all other purchases). You can go to http://www.chase.com to apply for a CHASE FREEDOM credit Card online or go to the nearest CHASE bank branch and apply through a banker. Make sure you apply for a No Annual Fee credit card.

2. 

   MANAGING PURCHASES -

   Once you get approved for the Chase Visa credit card, you will receive the card by mail in 3-5 days. Activate and use this card as your major credit card for all your monthly purchases like grocery, Gas (if you do not have Gas credit card), Hotel, Rental cars, Dining and Restaurants, etc. Considering that you made $1000 purchases every month on your top 5 categories, you will get $30 in rewards.

3. 

   MANAGING REWARDS -

   You can always redeem your rewards starting at $25 for either Credit into your account or to receive a Check. However, it is in your best interest to wait till you accumulate rewards up to $200. This is because Chase gives a bonus of $50 when you redeem $200 of your rewards. So in total, you can get $250.

4. 

   GET $250 REWARDS -

   Once you accumulate $200 in rewards, Log in your account and go to "Reward Details" link next to your Credit card. This will show your accumulated rewards. Click on the "Redeem your rewards" link. You will see the various Dollar amounts of rewards. Select the one labeled "$250 Chase Freedom Cash Check". Note that the redeeming amount for this reward is $200 that is, $50 bonus from Chase!

5. 

   ORDERING REWARDS -

   When you have $200 rewards, you will be able to see an "Add to Cart" button next to the $250 rewards. Click on this button and verify your shipping information for the Check delivery. Submit your request and you will receive a confirmation. Print this page for your records or note down the transaction number. CONGRATULATIONS! You will receive your $250 check in 5-10 business days!

Tips & Warnings

• Be patient till your rewards reach $200 so that you can get the $50 bonus from Chase

• Make use of your credit card as much as possible. Pay for your friends' restaurant bills and collect cash from them :-)

• Check your credit card's website to see what product purchases can get you more rewards.

• Do not over limit your credit card as this would not be good for your credit history.