I saw an adv for a credit card that I liked the benefits on. The Chase Freedom Unlimited card (in the US) will do exactly what I need it to at a reasonable APR, but some of the wording really confused me.

On top of the benefits that I think will really help me, it says

EARN A $150 BONUS after you spend $500 on purchases in your first 3 months from account opening.*

Does this mean that I spend $500 over a 3 month period, or $500 per month for 3 months?

I'm just a little confused by the wording.

  • 2
    $500 total within 3 months of the day you apply/get approved
    – VBCPP
    May 11, 2016 at 16:36
  • 2
    @VBCPP Answers should be posted as answers, not put in the comments.
    – Ben Miller
    May 11, 2016 at 16:37
  • @BenMiller I don't think it's a very good question so I didn't want to take the time to write a formal answer.
    – VBCPP
    May 11, 2016 at 16:39
  • What do you need to do with a "reasonable APR?"
    – quid
    May 11, 2016 at 17:20
  • 1
    @quid That's the OTHER card I have. ;) I'm working on getting strictly to Chase cards but I started with a CapitalOne card. The new card has rewards (something I like), and I can use my slate card for different purchases and holding onto larger balances for longer term financing.
    – Anoplexian
    May 11, 2016 at 19:29

1 Answer 1


For Chase I can confirm that it's $500 during the first three months. Typically the clock starts running on that three months the day you are approved, not the day you activate the card. Also with Chase, the credit occurs in whichever month the criteria is met. Some banks wait until the initial period is exhausted to determine whether bonus criteria was met then issue the credit or points or whatever.

Generally these sign up bonuses refer to an initial time period of three to six months, not a monthly minimum spend in each month.

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