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
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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%
Learn More About The Rewards
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.
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.
| Quarter | Categories |
|---|---|
| Q1 | eBay, Grocery |
| 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 |
| 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 |
| Quarter | Categories |
|---|---|
| Q4 | Department Stores, PayPal, Chase Pay |
| Q3 | Gas Station & Streaming Services |
| Q2 | Grocery & Home Improvement Stores |
| Q1 | Gas Stations, Tolls, Drugstores |
| 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:
- Auto Rental Collision Damage Waiver
- Trip Cancellation Insurance
- Trip Interruption Insurance
- Travel and Emergency Assistance Services
- Purchase Protection
- Extended Warranty Protection
- Fraud Protection
- Cell Phone Protection
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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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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Redemptions to do with using your rewards towards travel such as airfare, hotels, and car rentals (not including transfers to partners).
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Gift Cards
Redemptions to do with using your rewards towards the purchase of gift cards.
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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.
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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:
| 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.
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.
