Chase Freedom Flex℠ Mastercard®
Popular Flex card with $200 bonus, no annual fee, 15 months intro, and up to 5% cash back rewards
Updated: Apr 14, 2024
You can earn anywhere from 3% to 5% cash back rewards in various categories with Chase Freedom Flex Mastercard. You can also get a $200 bonus in 3 months. With no annual fee and a handful of competitive rates, this card is definitely one to consider if you like traveling, shopping, or going out and are looking for a new card.
ANNUAL FEE
$0
ONGOING APR
14.99% - 23.74% Variable
INTRO APR
0%
at Chase's Secured website
Apply NowIntroductory APR
0%
Intro APR Period
15 months
Recommended Credit Score
Good
Key Features
- Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
- Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
- Earn 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.
- No annual fee.
- 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99-23.74%.
- No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
Our Take
Chase bank gives you lots of ways to earn cash back rebates with the Freedom Flex credit card. Just for satisfying a few spending requirements, you can earn a quick $200 bonus in the first three months. This is a good place to start considering this Mastercard has no annual fee, 15 months introductory, and fast online application. Also, if you like the idea of earning cash back rebates, then you will want to know that this card lets you earn at least 1% on all purchases made. You can also earn up to 5% cash back on purchases made within a select group of rotating categories that change every few months.
What are Freedom Flex℠ Credit Card Benefits?
- Sign up bonus. Freedom Flex card offers a $200 bonus if new cardholders spend $500 in the first 3 months of account opening.
- No annual fee. There is no annual fee and the card is free to have for all cardholders and new applicants.
- Low intro APR. New applicants will receive 0% introductory APR offer for 15 months from account opening on purchases.
- Great cashback rewards. Cardholders will earn 5% cash back on rotating bonus categories, Lyft purchases, and travel purchased through Chase Ultimate Rewards; 3% cash back on dining and drugstore purchases; 1% cash back on all other purchases.
- Additional benefits. The card offers World Elite Mastercard benefits that are Cell Phone Protection, Lyft Discounts, World Elite Concierge, Airport Concierge, Boxed Discounts, Mastercard Luxury Hotel and Resorts Portfolio, Complimentary Professional Travel Services, and more. See all World Elite Rewards here.
Are there any Drawbacks?
- Limited bonus cash back. There is a $1,500 limit on 5% cash back rewards per quarter. In other words, you can earn a max of $75 bonus rewards each quarter.
- Rotating rewards activation. Cardholders must activate bonus rewards categories by the deadline each quarter. If not activated – no bonus rewards can be earned.
What are Chase Freedom Flex℠ Card Bonus Rewards Categories for 2021?
| Period | Rotating Bonus Categories |
|---|---|
| Q1 (January 1 – March 31) Activate by MAR 14 (Closed) | – Wholesale clubs – Select streaming services – Internet, cable, and phone services. |
| Q2 (April 1 – June 30) Activate by JUN14 (Open) | – Gas stations – Home improvement stores. |
| Q3 (July 1 – September 30) Activate by SEPT 14 (Closed) | TBD (In 2020: Amazon.com and Whole Foods Market) |
| Q4 (October 1 – December 31) Activate by DEC 14 (Closed) | TBD (In 2020: Walmart; PayPal, etc) |
Other Chase Cards
- Freedom Unlimited – bonus $200, unlimited cash back rewards
- Sapphire Preferred Visa Signature – no Foreign Transaction fee, 60,000 bonus points
- Ink Business Cash – 12 months intro, $750 bonus cash back
| Issuer: | Chase |
|---|---|
| Network: | Mastercard® |
| Category: | Consumer (Regular) |
| Best Used For: |
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| Rewards: | Yes |
| Reward Types: |
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| Reward Units: | Cash |
| Introductory APR (%): | 0% |
|---|---|
| Applied Towards: |
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| Intro Period: | 15 months |
| Regular APR: | 14.99% - 23.74% |
| Regular APR Type: | Variable |
| Annual Fee: | $0 |
| Balance Transfer: | Yes |
| APR on Cash Advances: | 24.99% |
| Grace Period: | 21 days |
| Late Payment Fee: | Up to $40 |
| Other Fees: |
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Chase Freedom Flex℠ Mastercard® Alternatives
Chase Freedom Flex℠ Mastercard® |
| APPLY NOW |
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Annual Fee $0 |
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Regular APR 23.74% |
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Intro APR 0% |
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Rec. Credit Score Good |
IMPORTANT
*The information provided for Chase Freedom Flex℠ Mastercard® is believed to be accurate at the time of evaluation or recent update on April 14, 2024. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.
Chase Freedom Flex℠ Mastercard®
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Chase Freedom Flex℠ Mastercard®
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