In the United States, a cashback on credit card payments is normal. In the rest of the world, this concept is mainly unknown. Users of Chase Freedom will soon be eligible for a new type of chargeback. Every time they make a PayPal purchase, among other types of transactions.

Chase Freedom has to make a lasting impact in the financial sector. That is much easier said than done right now. The institution mainly focuses on convenience and the cashback for their users. Right now, it seems a new quarterly category has been added in the form of PayPal. Additionally, a few older “varieties” are temporarily reinstated. An interesting list of decisions that will make a lot of people quite happy.

A Smart Decision by Chase Pay

To be more specific, Chase Freedom users will earn 5% cash back on combined purchases through PayPal, Chae Pay, and grocery store expenses. The maximum amount eligible for this service is a combined $1,500. It is evident a lot of users have asked for more solutions in this regard. By bringing back grocery stores and Chase Pay, the bank is taking that feedback to heart.

Chase Freedom GM BJ Mahoney comments:

“We keep adding ways to make Chase Freedom even more rewarding for our cardmembers. They can earn cash for everyday expenses whether they pay with their phone, on the internet or in store with their familiar blue Chase Freedom card.”

Using cards for everyday purchases has become increasingly popular in the US. As such, customers are always looking for the best overall experience, including cashback offers. Right now, it seems this particular bank has one of the more appealing packages. It will be interesting to see how much interest this upcoming quarter can generate.

Header image courtesy of Shutterstock


About Author

JP Buntinx is a 30-year old FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he is working to achieve the same level of respect in the FinTech sector.

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