Earn 5X almost everywhere, via no fee AMEX Gift Cards from Walgreens and CVS purchased with your Chase Freedom, which earns 5X on drugstore purchases in Q4 2016. The CVS offer I mentioned before Thanksgiving (see 5X on No Fee AMEX Gift Cards at CVS with Chase Freedom) has been extended until tomorrow, December 3.
Since I didn't manage to max out our 3 Chase Freedom cards with the AMEX gift cards I found at CVS stores with the prior offer, this is the perfect chance. As a reminder, up to $1500 total spend across all Q4 2016 5X categories (which also include Department Stores and Wholesale Clubs) earns 5X. Since we have 3 Chase Freedom cards, that's $4500 of base spend at 5X, for a total of 22,500 Ultimate Rewards points.
FAQ
Is This Sale Good At All Drugstores?
No–the only ones I'm aware of currently waiving the fee are Walgreens and CVS.
Why Do I Have to Show My Driver's License?
In my limited experience at NYC CVS and Walmart stores, purchases under $250 can be made without showing a driver's license, but larger purchases do require scanning the driver's license, to limit fraud.
Is There a Limit to How Many Gift Cards I Can Buy Per Day?
Some stores impose a transaction and/or daily limit. My husband wasn't able to buy more than one $500 AMEX gift card for a single transaction at a Walgreen's. CVS in general has a $2000 per customer daily limit for gift cards.
Help! The Cashier is Telling Me Cash Only.
This may be a particular store policy or a rogue employee. For example, I made several gift card purchases with a credit card at a Walgreens without incident, although for my most recent $500 gift card purchase the employee was reluctant to take a credit card and said it's usually cash only, even though that hadn't been my previous experience. Try a different store or come back at a different time.
Where Can I Use AMEX Gift Cards?
AMEX gift cards can be used at U.S. retailers that accept AMEX. I just used one at a local Thai restaurant that accepts AMEX. While our plan for many of the small denomination gift cards we bought is for end of year gifts to building staff and others who have helped us this year, we plan to use the larger $500 denominations for our own spend, for example at restaurants that we didn't get gift certificates to when restaurants were a 5X category. Note that you cannot use AMEX gift cards abroad. Also see AMEX Gift Card Conditions.
Do AMEX Gift Card Funds Expire?
No, the funds do not expire, and there are no fees after purchase. I highly recommend keeping the original receipt in case of any issues.
What Are Chase Ultimate Rewards Points Good For?
Our favorite uses of Ultimate Rewards points are transfers to airline partners, such as Singapore KrisFlyer, Korean Air Skypass, Air France KLM Flying Blue, and United MileagePlusand to fly Singapore Suites on the A380, Singapore First Class, Asiana First Class, SWISS Business Class, KLM Business Class and other international first class and business class awards.
Do you plan to earn 5X buying no fee AMEX gift cards at CVS or Walgreenswith your Chase Freedom?
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