Although Chase Freedom ® credit card is a cashback card, the cash back rewards on this card are earned in form of reward points, called Ultimate Rewards ® points. (effectify.com)
In this, a percentage of the amount paid on the credit cards is given back to the cardholder in the form of reward points. (thebankly.com)
In instances where the bonus was presented in the form of rewards points, we multiplied the number of points given, by their average value (differences in reward types here). (valuepenguin.com)