Skip to main content

Things to know about Chase Freedom Flex

minute read

    Quick insights

    • The Chase Freedom Flex® credit card could help you earn extra points on bonus categories such as grocery stores, gas stations and dining.
    • You can earn 5% cash back on up to $1,500 in combined bonus category purchases per quarter which is $75 in cash back rewards quarterly.
    • Savvy shoppers can strategically pair cash back credit cards and practice mindful spending to earn those sweet reward points.

    The Chase Freedom credit card collection has a generous cash back rewards program and flexible redemption options in the Chase Ultimate Rewards® portal. Chase Freedom Flex offers a unique reward structure, a welcome bonus for new cardholders and rotating bonus categories every quarter.

    What is the Chase Freedom Flex credit card?

    The Chase Freedom Flex credit card is a cash back credit card with stellar features such as rotating 5% bonus categories, low Intro APR for 15 months and a welcome bonus. This credit card stands out because of its generous 5% quarterly bonus program.

    Freedom Flex benefits and rewards overview

    Chase Freedom Flex offers a reward structure that may be great for cardmembers looking to maximize cash back with Chase Freedom Flex categories. You can earn up to 5% cash back on general spending categories.

    The card often comes with a new cardmember bonus that you can earn by spending a certain amount on purchases within the first few months from account opening.

    Freedom Flex benefits

    The Chase Freedom Flex credit card offers a variety of benefits and opportunities to earn cash back such as:

    • 5% on travel purchased through Chase Travel
    • 3% on dining at restaurants, including takeout and eligible delivery services
    • 3% on drugstore purchases
    • 1% on all other purchases

    Freedom Flex rewards and bonus categories

    One standout feature that Chase Freedom Flex cardmembers can use to their advantage is the rotating 5% bonus categories. The categories change every three months, and you must activate the bonus categories every quarter. Typically, the bonus categories fall under popular spending sectors like grocery stores, gas stations and restaurants/dining.

    Q1 2024 rewards categories (Jan 1-Mar 31):

    • Grocery stores (excluding Walmart® and Target®)
    • Fitness clubs and gym memberships
    • Self-care or spa services

    Q2 2024 rewards categories (Apr 1-Jun 30):

    • Select hotel bookings
    • Restaurants
    • Amazon® (including Amazon Fresh and Whole Foods®)

    Redeeming cash back rewards

    Redeeming cash back rewards can be a great way to treat yourself for spending responsibly. Log into your Chase account and navigate to the Chase Ultimate Rewards portal. From there, you can browse redemption options such as cash back, gift cards and travel.

    What is the difference between Chase Freedom Flex and Freedom Unlimited?

    The biggest difference between Chase Freedom Flex and Freedom Unlimited® is the earning rate. The Chase Freedom Flex credit card offers both fixed and rotating bonus categories. The Chase Freedom Unlimited credit card offers fixed bonus categories and a higher fixed rate for purchases.

    • Chase Freedom Flex: 5% cash back on quarterly bonus categories up to $1,500 limit and 1% on all other purchases
    • Chase Freedom Unlimited: 1.5% cash back on all non-bonus spending

    How do I know if Chase Freedom Flex is right for me?

    The Chase Freedom Flex credit card might be right for you if you are an optimizer or savvy shopper. Additionally, it could be right for you if you have no problem putting in a little more effort to track and activate different bonus rewards categories every quarter.

    In summary

    If you are looking for a credit card that offers a good mixture of variety – fixed rate and rotating bonus categories – the Chase Freedom Flex credit card could be an option worth exploring. Given the 5% cash back you can earn on rotating bonus categories each quarter, you might have opportunities to accumulate points at a faster pace than with other cards.

    What to read next