Chase has officially discontinued the Military Free Cash Rewards card (also known as Air Force Club Mastercard and I’m sure other names) and will be forcibly converting current cardholders to the Chase Freedom Unlimited on August 15th. Current cardholders should have received a mail out about this back in June, if not here’s me letting you know! The Military Free Cash Rewards had the following benefits:
- 2% back on purchases at the Commissary, the Exchange & FSS/MWR activities
- 1% cash back on all other purchases
- No annual fee
Chase Freedom Unlimited has the following structure:
- 1.5x on all purchases
- No annual fee
- These points can be transferred to travel partners if you have a premium Chase card (Chase Ink Plus/Preferred, Chase Sapphire Preferred or Chase Sapphire Reserve)
Once the card has been converted to the Chase Freedom Unlimited you can convert it to any other Chase branded personal card such as:
Thanks to reader Big Purple Wasp for sending this through and also for the image of the letter. If you’re in the military or know somebody is make sure you read through our post on SCRA and other related benefits. August 15th is also the same date that Chase Fairmont cardholders will be converted to Chase Sapphire Preferred.
