Several readers & reddit user zXFDz have reported receiving a survey from Chase regarding 5x Chase Ultimate Rewards points on all purchases made using a mobile wallet on the Chase Freedom card. The survey had two statements:
- Get cash back from your mobile wallet every day. Make Chase Freedom your default payment to earn 5% cash back on every purchase and get the full earning potential of your Chase Freedom card.
- Enjoy the convenience, security, and earning power of Chase Freedom in your mobile wallet. Enroll your card and earn 5% cash back on every purchase
Survey respondents were asked the following for each statement:
- How clear do you find this statement?
- Overall, how appealing do you find this statement?
- Would you make Freedom your default mobile wallet payment based on the statement below?
Chase is already offering 5x points per $1 spent as a rotating category for mobile wallet purchases in Q1, so I suspect they will use data from that when making a decision as well. If they do add mobile wallet purchases as an ongoing offer, I still expect it to fall under the $1,500 spending cap that the rotating categories currently offer. It’s also possible that this would replace those categories as well, although I think they would still want to compete directly with the Discover it.
Personally I don’t see Chase introducing this, what’s more realistic is them introducing this but limiting it to Chase Pay mobile payments only. I also haven’t heard anything from my normal Chase sources, but I wouldn’t expect any sort of formal announcement or even decision until after the end of Q1 anyway.
