Wed. Apr 21st, 2021

Chase Freedom Flex Vs. Blue Cash Preferred Card from American Express
Chase Freedom Flex can be attractive if you are looking for a card with no annual fee. American Express’s Blue Cash Preferred Card offers an $ 0 introductory annual fee for the first year, but the annual fee is $ 95 thereafter.

Blue Cash Preferred cards from American Express card holders can potentially earn more rewards than those who use the Chase Freedom Flex, but which card offers the best cash back rewards for you, depending on those categories Does where you spend money often.

Chase Freedom Flex Vs. Pursuit freedom unlimited
After the $ 0 introductory APR for 15 months, neither card charges an annual fee, but they both charge a potentially high APR based on credit.

Both allow account holders to earn a $ 200 bonus after spending $ 500 within three months of opening an account.

Both cards have very complex reward systems, and the better option for you may depend on your spending habits. Chase Freedom Flex offers 5% cash up to $ 1,500 in bonus categories each quarter you activate. Chase Freedom Unlimited does not offer to rotate bonus categories, but it does offer a 1.5% cash back rate on all other purchases that are not suitable for its other bonus categories.

Citi® Double Cash Card Vs Chase Freedom Flex
The Citi® Double Cash Card has a more simple cash back system, with no categories. Chase Freedom Flex has a more complex cash back system, but it may be worth it for cardholders who spend in eligible categories.

Neither card would be good for consumers who prefer large sign-up bonuses. The Chase Freedom Flex offers a nominal sign-up bonus, while the Citi® Double Cash Card does not have a sign-up bonus.

Earning reward

Estimated first year prize value: $ 342
First Year Bonus Cash Back Value: $ 200
First Year Prize Price: $ 542

You will earn 5% cash up to $ 1,500 each quarter in the activation bonus categories. Historically, bonus categories for the Chase Freedom Credit Card include gas stations, home improvement stores, tolls, wholesale clubs, Chase Pay – shopping with Chase’s digital wallet – and more.

Other income included 5% back on trips booked through Chase Ultimate Rewards, 5% back on Lyft rides through March 2022, 3% back on food and drug stores, and 1% back on all other eligible purchases Huh.

This award structure can be very good if you spend too much in different categories and like the challenge of figuring out ways to maximize your rewards. Also, at no annual fee, the card allows you to hold back all the cash you earn, provided that you do not charge a balance and do not charge an interest fee.

Based on the US Bureau of Labor Statistics’ average spending figures and the card’s 2019 cash back calendar, Chase Freedom Flex users can earn approximately $ 542.

the expense annual cost Cash back earning rate Annual cash back earned
meal $ 3,400 3% $ 102
Apparel & Services $ 1,800 5% one quarter, 1% three quarters $ 36
Flights and hotels $ 1,000 5% when booked via Chase Ultimate Rewards $ 50
The gas $ 2,000 5% two quarters, 1% two quarters $ 60
entertainment $ 3,000 1% $ 30
Personal care products and services $ 800 3% at chemists $ 24
All other expenses $ 2,000 1% $ 20
Total First Year Cash Back $ 342 $ 542
Bonus cash back $ 200 $ 200
Total First Year Value $ 542 $ 742

Values ​​for each spending category are based on the average data from the 2017 US Bureau of Labor Statistics Consumer Expenditure Survey. Each category is rounded to the nearest $ 100.

You can earn a $ 200 cash bonus after spending $ 500 on a purchase in your first 3 months from account opening.

Chase offers, a program that allows you to activate deals from your favorite brands, can help you withdraw extra cash. Simply sign into the Chase mobile app to browse and activate deals from participating retailers and restaurants.

Reducing rewards

Chase Freedom Flex users can redeem rewards in a few ways.

Options include statement credit or direct deposit, gift cards, travel rewards, or cash back in the form of purchases with Amazon’s points. You can redeem your points for cash points or travel rewards and gift cards at the rate of 1 percent per point; You get just 0.8 percent of value per point by shopping with points.

Points transfer option

A popular strategy to create one of its awards is to pair with Chase Freedom Flex Chase Sapphire Favorite Card or Chase Sapphire Reserve. With Chase Freedom Flex, you can transfer the earned points to one of these cards, allowing you to redeem the points.

You can get more value from your points by transferring them to the Chase Sapphire card and then redeeming the journey through them Chase the final prize Doorway. You will capture 25% more value with the Chase Sapphire Preferred Card and 50% more value with the Chase Sapphire Reserve.

The two Chase Sapphire cards allow users to transfer points to multiple Chase airline and hotel partners, which can squeeze even more value than rewards. Here you can find the average price with some of these partners US News Research:

Chase travel companion Average value of digits or miles
British Airways Executive Club 2.51 cents
Southwest Airlines Rapid Rewards 1.37 cents
United Airlines MileagePlus 1.69 cents
Virgin Atlantic Flying Club 5.29 cents
Hyatt’s world 1.99 cents

Chase Freedom Flex Benefits

Chase Freedom Flex offers many valuable World Elite MasterCard benefits.

  • One of these premium benefits is purchase protection, which ensures card purchases up to $ 500 from theft or damage.
  • There is an additional year on your warranty when you use your card to purchase a manufacturer’s warranty for three years or less.
  • The card comes equipped with contactless technology for tap-and-go payments rather than swiping or inserting your card. This is the same technology used by Apple Pay and other digital wallets.
  • If you pay your phone bill with this card, cardholders can receive cellphone protection for up to $ 800 per claim and up to $ 1,000 per year. You can file two claims over a 12-month period, with $ 50 deducted per claim.
  • Chase Freedom Flex comes with three free months of DashPass to use with DashPass and Caviar food delivery apps, when subscriptions become active by December 31, 2021. After the three-month free period ends, cardholders will still use DashPass on a 50. % Discount for nine months

Other travel allowances include travel and emergency assistance, auto rental collision damage waiver, and trip cancellation or interruption insurance.


Chase Freedom Flex offers 0% introductory APR promotion. You will not pay any interest on the purchase for 15 months and then an APR of 14.99% – 23.74% convertible, will depend on your credit.

If you want to finance a big ticket item, then you will have plenty of time to get interest free with this card. That said, ongoing APRs can be high, so set a target of zero remaining when the promotional period ends.

Annual Fee: Chase Freedom Flex does not charge an annual fee, which may be a priority for some credit card holders. However, depending on your spending habits, you can get more value from the card with this fee.

Balance Transfer Fee: Other card fees include a balance transfer fee, which is either a 5% or $ 5 minimum.

Foreign Transaction Fee: The card also charges a 3% foreign transaction fee.

Should you get chase freedom flex

  • Prefer no annual fee.
  • An introductory 0% APR promotion is required upon purchase.
  • Want a range of awards and have no objection to legwork to acquire and redeem them.
  • Do not plan to use this card for much international travel.

Frequently asked questions about Chase Freedom Flex

Q: How does Chase Freedom Flex work?
A: Chase Freedom Flex earns 5% cash up to $ 1,500 each quarter to activate the cardholder in the bonus holder categories. The card also earns 5% on travel booked through the Chase Ultimate Rewards portal; 5% back to Lyft by March 2022; 3% back on food and drugstore purchases; And 1% back on all other eligible purchases. Cardholders receive 0% APR of 15 months on purchase and pay no annual fee.

Q: What is the Chase Freedom Flex Credit Score Eligibility?
A: To qualify for the Chase Freedom Flex, you need good or excellent credit. Which is a FICO score of at least 670.

Q: What’s the difference between Chase Freedom Flex and Chase Freedom Unlimited?
A: Chase Freedom Flex earns bonus cash on rotating bonus categories quarterly, and Pursuit freedom unlimited Rotation does not offer bonus categories.

Question: Is Chase Freedom Flex a Visa Card?
One: Chase Freedom Flex is a MasterCard.

Question: Is the Chase Freedom Flex a good card?
A: Chase Freedom Flex is a good option for consumers who want a 0% introductory APR on purchases without a wide choice of rewards or annual fees. But the prize structure can be very complicated for some people, and the sign-up bonus is not particularly valuable.

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