2018 Chase “Refer-A-Friend” Offer: Earn Credit Card Bonus Points

2018 Chase “Refer-A-Friend” Offer: Earn Credit Card Bonus Points

credit card advice

Brittney Mayer
By: Brittney Mayer
Posted: May 24, 2018
Opinions expressed here are ours alone, and are not provided, endorsed, or approved by any issuer. Site may be compensated through the issuer affiliate programs.

Friends share. Whether it’s recipes, gossip, or financial advice, most people often pass on what they’ve learned to their friends.

But the smart friends get rewarded for all that sharing. With Chase’s Refer-A-Friend program, you can earn bonus credit card rewards simply for, you guessed it, referring a friend who signs up — and is approved — for an eligible Chase credit card.

Of course, the keyword here is “eligible.” Only a handful of Chase cards qualify for the Refer-A-Friend program, though the list does include many of the top Chase cards.

Freedom | Sapphire | Ink Business | Co-Branded

Freedom® & Freedom Unlimited® Referral Bonuses

The Freedom® and Freedom Unlimited® are Chase’s main consumer cash back credit card options. The cards are some of the more popular cash back cards among credit card aficionados, and either would be a fitting referral for many consumers.

As part of the same card family, both the Freedom® and Freedom Unlimited® earn the same referral bonus. Each friend you refer who gets a Chase Freedom® or Freedom Unlimited® card will earn you $100 cash back, up to $500 in referral bonus cash back per card per year.

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74-25.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases for 15 months
0% Intro APR on Balance Transfers for 15 months
16.74% - 25.49% Variable
$0
Excellent/Good

The Chase Freedom® Credit Card is one of the few cards with quarterly rotating cash back rewards categories. Once the category is activated, users can earn 5% cash back on all category purchases, on up to $1,500 in qualifying purchases each quarter.

While categories vary from year to year, most bonus rewards categories include useful purchases like gas, groceries, or online purchases. Each quarter also includes a subcategory that can be worthwhile, such as purchases made with digital wallets.

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74-25.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases for 15 months
0% Intro APR on Balance Transfers for 15 months
16.74% - 25.49% Variable
$0
Excellent/Good

In contrast, the Chase Freedom Unlimited® has no bonus categories, instead offering a flat-rate 1.5% unlimited cash back on every new purchase.

While both cards are popular for their complementary earnings rates, the fact that they can be used in conjunction to maximize rewards also contributes to their popularity. For example, many cardholders will use the Freedom® for bonus category purchases and the Freedom Unlimited® for non-category spending.

At the same time, perhaps one of the most appealing features to current Chase cardholders is the fact that the rewards earned with a Freedom® or Freedom Unlimited® card can be turned into Ultimate Rewards® points if you also own a card that already earns those points.

Ultimate Rewards® points are highly valued by many cardholders thanks to their flexibility, particularly when it comes to the ability to transfer points to 10 different hotel and airline loyalty programs.

Sapphire Reserve® & Sapphire Preferred® Referral Bonuses

Hands down two of the most popular travel credit cards on the market, the Chase Sapphire Reserve® and its older sibling, the Chase Sapphire Preferred®, both offer the high-value Ultimate Rewards® points on every purchase, making them an ideal referral for most anyone who travels (or wants to do so).

Similar to the Freedom cards, the Sapphire duo both offer referral bonuses of the same size. For every friend you refer who gets a Sapphire Reserve® or Sapphire Preferred® credit card, you’ll earn 10,000 Ultimate Rewards® points, up to a total of 50,000 referral bonus points per card per year.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 50K bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Named a ‘Best Travel Credit Card for 2017’ by MONEY® Magazine
  • 3X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases. Plus, no foreign transaction fees
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.74% - 24.74% Variable
$450
Excellent Credit

While the high annual fee of the Sapphire Reserve® might be intimidating to some, the $300 annual travel credit neatly cuts it down to a manageable size. Add to that the Priority Pass™ Select membership that gives you airport lounge access and the Global Entry or TSA Pre✓® fee credit, and that annual fee disappears quickly.

Even if you don’t like airport lounges or use Global Entry, so long as you use at least the travel credit, the 3X points per $1 spent on dining and travel can easily cover the rest of the fee — and then some — for most cardholders.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.74% - 24.74% Variable
$0 Intro for the First Year, then $95
Excellent Credit

For those who aren’t ready to commit to the more expensive Sapphire Reserve®, the Sapphire Preferred® comes with less than a quarter of the annual fee, though you’ll only earn 2X Ultimate Rewards® points per $1 on travel and dining.

Additionally, some of the extra benefits of the Reserve® card, such as the travel credit and Priority Pass membership, aren’t available with the Preferred® card.

That being said, the cards do share some extra perks, including primary auto rental collision coverage, trip cancellation/interruption insurance, baggage delay insurance, and purchase protection.

Ink Business Preferred℠ Referral Bonus

A hot pick for most any business owner, the Ink Business Preferred℠ is a favorite of Ultimate Rewards® points collectors who want to earn points on their business expenses.

The Ink Business Preferred℠ offers the largest referral bonus of any Chase credit card, providing 20,000 Ultimate Rewards® points for each referred friend who opens a card, up to a maximum of 100,000 referral bonus points per year.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.74% - 22.74% Variable
$95
Excellent Credit

Not only does the Ink Business Preferred℠ allow cardholders to earn valuable Ultimate Rewards® points on every purchase, but it also offers bonus rewards in a number of popular business categories, including travel, shipping, internet/cable/phone services, and select digital advertising purchases.

Furthermore, the Ink Business Preferred℠ has a range of useful perks and benefits, including cell phone protection, fee-free employee cards, and trip cancellation/interruption insurance.

Chase Co-Branded Credit Card Referral Bonuses

Although more than half of Chase’s credit cards are co-branded with a hotel, airline, or retailer, only two of the bank’s co-branded cards qualify for a Refer-A-Friend bonus.

While these specialty cards are less likely to appeal to all of your friends than the more versatile rewards cards above, they may be worthwhile to those who can take advantage of all they offer.

The Hyatt Credit Card

The Hyatt Credit Card from Chase allows cardholders to earn World of Hyatt loyalty points on every purchase. For every friend you refer who obtains a Hyatt Credit Card, you’ll earn 10,000 bonus points, up to 50,000 referral bonus points per year.

The Hyatt Credit Card

  • Earn 3X points per $1 spent on purchases at all Hyatt properties
  • Earn 2X points per $1 on restaurant, airline, and car rental agency purchases
  • Pay a $75 annual fee

Other perks of The Hyatt Credit Card include a free night award for a Category 1 through 4 hotel or resort each anniversary year, Discoverist elite status, and no foreign transaction fees.

Disney® Visa® Card

The Disney® Visa® Card is designed for Disney devotees who want to earn Disney Rewards Dollars on every purchase and special perks for their next Disney adventure. If you refer a friend who gets a Disney® Visa® Card, you can earn 100 Disney Rewards Dollars, up to 500 Disney Rewards Dollars per year.

Disney® Visa® Card

  • Earn unlimited 1% back as Disney Rewards Dollars on every purchase
  • Save 10% on select Disney and Star Wars purchases
  • Enjoy cardholder-exclusive character experiences

While the card’s rewards aren’t terribly robust, the Disney® Visa® Card has no annual fee, and offers a variety of Disney perks and discounts to make your next trip a little more affordable.

Share the Love with Your Friends

We all love to share with our friends, especially when we find something we think they’ll love. Chase’s Refer-A-Friend program offers a way to share the love with your friends — and get a little something for yourself, too.

And it’s easy to share. You can refer a friend through social media, the Chase mobile app, or by using your personalized referral URL. Just remember that you only get five referral bonuses per card per year, so use those referrals wisely.