Chase Freedom Flex Point Calculator & Benefits

Ultimate Rewards Points Calculators
Calculate how may Ultimate Rewards Points you can earn with the Chase Freedom Flex 5% back categories and review the benefits the card has to offer.
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Last Updated 2022-01-06

The Chase Freedom Flex℠ is a cash back credit card that features bonus categories that rotate quarterly. These categories offers 5% cash back on up to a combined spend of $1,500 per quarter which can earn you up to $75 in cash back.

The card also has several non-rotating categories that earns bonus cash back which are Chase Travel, dining, and drugstore purchases.

Overall, the Chase Freedom Flex is one of the best cash back credit cards on the market and I highly recommend picking up this no-annual fee credit card.

Card Details At-A-Glance

Issuing Bank
Card Network
Rewards Earned
Rewards Avg. Value
Annual Fee
Authorized User Fee
Foreign Transaction Fee
Income Requirement
Chase Freedom Flex℠
Chase Freedom Flex℠
Intro Bonus
Earn a $250 bonus after you spend $500 on purchases in the first 3 months from account opening.
Rewards Rate
5%
Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
5%
Earn 5% on Chase travel purchased through Ultimate Rewards®.
3%
Earn 3% on dining and drugstores.
1%
Earn 1% on all other purchases.
Main Card Highlights
  • Earn a $250 bonus after you spend $500 on purchases in the first 3 months from account opening.
  • Enjoy new 5% categories each quarter!
  • No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
  • No annual fee.
Annual Fee
$0
Authorized User Fee
$0
Foreign Transaction Fee
3%

Chase Freedom Flex Bonus Categories

The Chase Freedom Flex Card features the following bonus categories and earning rates:

As part of the Chase-Lyft Partnership, the Chase Freedom Flex Card also earns 5% on Lyft purchases until March 2022.

5% Quarterly Rotating Category

The Chase Freedom Flex Card earns 5 Ultimate Rewards Points per $1 spent on up to $1,500 across all featured categories for the quarter. After that cap is hit, you'll earn at the non-category rate of 1% for the remainder of the quarter.

You must activate your rotating quarterly categories every quarter. This is not automatic.

See Categories

5% Chase Travel

The Chase Freedom Flex Card earns 5 Ultimate Rewards Points per $1 spent on purchases made through Chase Ultimate Rewards. This includes hotels, car rentals, and airfare.

3% Dining

The Chase Freedom Flex Card earns 3 Ultimate Rewards Points per $1 spent on dining purchases. Chase considers dining to be:

  • Restaurants
  • Fast Food
  • Fine Dining
  • Diners
  • Coffee Shops (i.e. Starbucks)
  • Vending Machines
  • Bars
  • Cafés
  • Food Delivery Services

3% Drugstore

The Chase Freedom Flex Card earns 3 Ultimate Rewards Points per $1 spent on drugstore purchases.

1% Everything Else

All other purchases made to the Chase Freedom Flex Card earns 1 Ultimate Rewards Point per $1 spent.

Chase Freedom Flex 5% Categories

The Chase Freedom Flex features 5% back categories that rotates on a quarterly basis. Quarters are based on your standard calendar quarters:

  • Q1: January 1 - March 31
  • Q2: April 1 - June 30
  • Q3: July 1 - September 30
  • Q4: October 1 - December 31

You'll earn 5% back on up to $1,500 in combined spend across all featured categories for that quarter and earn 1% back for the rest of the quarter once you've hit that cap.

Listed below are the Chase Freedom Flex 5% Categories for each year.

Chase Freedom Flex Categories 2022
Quarter Categories
Q1 eBay, Grocery
Chase Freedom Flex Categories 2021
Quarter Categories
Q4 Walmart, PayPal
Q3 Grocery Stores, Select Streaming Services
Q2 Gas Stations, Home Improvement Stores
Q1 Wholesale Clubs, Cable, Internet, Phone Services, Select Streaming Services
Chase Freedom & Freedom Flex Categories 2020
Quarter Categories
Q4 PayPal, Walmart
Q3 Amazon.com, Whole Foods Markets
Q2 Grocery, Fitness Club, Gym Memberships, Streaming Services
Q1 Gas Stations, Internet, Cable, Phone, Streaming Services
Chase Freedom Categories 2019
Quarter Categories
Q4 Department Stores, PayPal, Chase Pay
Q3 Gas Station & Streaming Services
Q2 Grocery & Home Improvement Stores
Q1 Gas Stations, Tolls, Drugstores
Chase Freedom Categories 2018
Quarter Categories
Q4 Department Stores, Wholesale Clubs, Chase Pay
Q3 Gas Stations, Walgreen's, Lyft
Q2 PayPal, Chase Pay, Grocery Stores
Q1 Gas Stations, Internet, Cable, Phone Service Providers, Mobile Wallets (e.g. Apple Pay, Chase Pay, Google Pay, Samsung Pay)

Chase Freedom Flex Benefits

The Chase Freedom Flex Card features the following card benefits:

DoorDash Benefits

As a Chase Freedom Flex cardholder, you'll receive a complimentary 3-month subscription to DoorDash's DashPass. This provides unlimited deliveries for a $0 delivery fee on eligible orders over $12 on DoorDash and Caviar.

After the complimentary subscription, you are automatically enrolled in DashPass at 50% off for the next 9 months. This benefit has to be activated by March 31, 2022.

Mastercard World Elite Benefits

The Chase Freedom Flex offers several Mastercard World Elite benefits which includes savings with Lyft, Fandango, and Hello Fresh. You'll also receive a complimentary 1-year ShopRunner membership which gives you free 2-day shipping and free returns at 100+ stores.

Travel & Purchase Protections

The Chase Freedom Flex comes with travel and purchase insurance which includes:

Chase Freedom Flex Points Calculator

Find out how many Ultimate Rewards Points you can earn with the Chase Freedom Flex Card Point Calculator as well as the cash value of those points. Results can be compared side-by-side credit cards featured on the site to see which earns you the most rewards.

If applicable, you can apply for the cards through our partner or referral links which will greatly help out the website.

NOTE: The Chase Freedom Flex Card features one category called Quarter Rotating Categories that calculates 5% back on up to $1,500 for each quarter.

If you want to just calculate how much you would earn in a single quarter, use the Chase Freedom Flex Card 5% Back Calculator.

NOTE 2: This calculator shows transfers to partners. Do note that you can not transfer points directly from the Chase Freedom Unlimited Card to Chase's travel partners. You must first transfer your points to an Ultimate Rewards credit card that is capable of transferring points such as the Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.

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Credit Cards
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Compare A Card
Add a credit card to compare side by side based on spend, benefits and fees.
Card Selected: -
Category Spending
Change the order of the categories in the Category Spending section. This has an impact on cards that have spend limits and bonus caps on categories.
Resets all fields in the Category Spending section for all columns. Also clears all saved spend values that carry from calculator to calculator.
Add Categories
Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
Type at least 3 characters.
Currently Selected:
Spend Region:
Category Spending Total
The amount of rewards earned from card spending.
-
-
Rewards & Bonuses
Extra Value
Use this field to add additional rewards to include in the calculation such as an intro or signup bonus.
Rewards & Bonus Total
The amount of rewards earned from card bonuses.
-
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Total Rewards
Grand Total
The total amount of rewards earned from the Category Spending and Rewards & Bonuses sections.
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Calculate Rewards Average Value
How much is 0 worth?
Average Value
This is how much we value the rewards earned with the card on average based on our valuations. Cards that may offer bonus/additional value are reflected here.
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Transfers To Partners
Redemptions to do with transferring rewards to partner loyalty programs and redeeming them for high value (when applicable). These redemption values typically require knowledge of the best transfer partners.
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Cash Back, Statement Credits
Redemptions to do with turning your rewards into cash back or using it as a statement credit to offset purchases made to the card.
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Travel
Redemptions to do with using your rewards towards travel such as airfare, hotels, and car rentals (not including transfers to partners).
-
Gift Cards
Redemptions to do with using your rewards towards the purchase of gift cards.
-
Calculate Reward Transfers To Partners
Calculate Card Cash Value
Grand Total
The total amount of rewards earned from the Category Spending and Rewards & Bonuses sections.
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Currency Worth
Enter how much you value a single rewards point or mile in cents or regional currency equivalent (X.XX). The value of cash back cannot be changed.
Rewards Cash Value
The average cash value of rewards earned in the Grand Total section based on the set Currency Worth.
-
Monetary Bonuses
Extra Cash Value
Use this field to add additional cash value to the calculations.
Total Cash Value
The total cash value of all listed benefits plus the cash value of rewards earned.
-
Fees
Annual Fee
This is the fee you must pay annually to have the card.
Authorized User Fee
This is the cost to add additional users or supplemental cards to the account. Enter total amount of authorized users.
#
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Total Card Value
Total Card Value
The final cash value of the credit card(s).
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Chase Freedom Flex Card 5% Back Calculator

You can use this calculator to calculate how much cash back you can earn spending across the 5% cash back categories on the Chase Freedom Flex Card. It will calculate 5% back on up to $1,500 in spend and calculate 1% cash back for every $1 spent over that.

5% Quarterly Category
Enter how much you would spend during the quarter (3-month period).
5%
$
Total Cash Back Earned
The total amount of cash back you would earn during the quarter.
$ 0
Cash Back
0 Ultimate Rewards Points

Remember that while this is a "cash back credit card", it earns Chase Ultimate Rewards Points which can be redeemed for 1 cent each towards cash back.

Chase Freedom Flex Points Value

Ultimate Rewards Points earned with the Chase Freedom Flex Card are worth 1 cent each when redeemed for cash back, statement credits, gift cards, and more.

You can obtain higher value by transferring your Chase Freedom Flex Points to an Ultimate Rewards credit card that offers the capability to transfer points to Chase's travel partners or redeem them for travel through Chase Ultimate Rewards for increased value.

The options would be the Chase Sapphire Preferred, Ink Business Preferred, or Chase Sapphire Reserve.

Here are the values you can obtain with each card:

Chase Point Value - Travel
Card Point Value
Chase Freedom Flex 1 Cent
Chase Sapphire Preferred 1.25+ Cents
Chase Ink Business Preferred 1.25+ Cents
Chase Sapphire Reserve 1.5+ Cents

The best way to maximize the value of the Chase Freedom Flex Card is by pairing it with an Ultimate Rewards credit card that offers increased value towards travel and other purchases (such as Pay Yourself Back).

For example, if you were to earn 20,000 points with the Chase Freedom Flex and didn't own any of the other three cards, you would only be able to redeem your points for 1 cent each which would give you $200 in cash back, gift cards, or travel.

If you were also a Chase Sapphire Preferred or Chase Ink Business Preferred cardholder, you would be able to transfer the 20,000 points you earned with the Chase Freedom Flex to one of those cards and redeem the points for 1.25 cents each for $250 towards travel and Pay Yourself Back redemptions.

Transferring your points to the Chase Sapphire Reserve would yield an even better value of $300 in value towards travel booked through Chase Ultimate Rewards or the Pay Yourself Back feature.

In addition to the extra value through Chase Ultimate Rewards, you would also have the ability to transfer your points to Chase's airline and hotel partners which can give you even higher value than 1.5 cents each.

Chase Freedom Flex Point Value Calculator
Enter any amount of points to see the average cash value.
Points
Pay Yourself Back
1.25 cents - charities
$0
Chase Travel Portal
1 cent
$0
Cash Back
1 cents
$0
Gift Cards
1 cents
$0
Amazon.com
0.8 cents
$0

Check out the details on the full list of redemption options and calculate the cash value of Ultimate Rewards Points for all credit cards with our Chase Points Value Calculator.

Calculate the cash value of Chase Ultimate Rewards Points based on redemptions. Details on the best ways to maximize your point value.

Chase 5/24 Rule

If you've opened up more than 5 new accounts in the last 24 months, it may be hard to get approved for the Chase Freedom Flex and other Chase credit cards. This includes any kind of new account and not just new credit card accounts.

If you're unsure of how many accounts you've opened up in the last 24 months, you can use Credit Karma to check for free without hurting you credit score.

FAQ

Is the Chase Freedom Flex a good card?

Yes. It's a great no-annual fee cash back credit card that earns 5% back across quarterly rotating categories along with a great return on Chase Travel, dining, and drugstore purchases.

How does Chase Freedom Flex Points work?

Cash back earned with the Chase Freedom Flex is recorded as Ultimate Rewards Points with each point being worth 1 cent each when redeemed for cash.

How much are Chase Freedom Flex points worth?

Points earned with the Chase Freedom Flex are worth 1 cent each. They can be redeemed for higher value if you hold the Chase Sapphire Preferred, Ink Business Preferred, or Chase Sapphire Reserve.

Chase Credit Card Point Calculators

Click on a card to calculate how many Ultimate Rewards Points you can earn based on spend and the cash value of those earned points. Spend entered into credit card calculators will roll over to other credit card calculators on the site, so there's no need to re-enter spend.

Cash Back Calculators

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