Credit Card Reviews

Chase Freedom Flex® Card Overview

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The Chase Freedom credit card lineup provides solid options for those who are looking for an all-in-one rewards cards. With its competitive cash back rates on everyday purchases, the Chase Freedom credit cards offer plenty of flexibility and value to help you save money or earn Chase points. Chase offers several different versions of the Freedom card. This article will take a look the Chase Freedom Flex®, its benefits/perks, and the best way to earn points or cash back on purchases. With many features and rewards to offer, the Chase Freedom Flex credit card is an appealing choice for budget-savvy shoppers or those looking to build credit and boost their Ultimate Rewards points balance.

Chase Ultimate Rewards

Points earned from the Chase Freedom cards can be redeemed for statement credits and direct deposits into your bank account, or kept as Ultimate Rewards points and combined into your point balance with other Chase products (such as the Chase Sapphire cards). Each point is worth 1 cent if redeemed for cash. All of your cash-back points are stored in one convenient place: Chase Ultimate Rewards.

Chase Freedom Flex

The Chase Freedom Flex® credit card is a great option for those looking to start earning points for their spending. It’s slightly different from the Chase Freedom Unlimited credit card with regards to 5% cash back earning potential, the Chase Freedom Flex offers more variety. Benefits include:

  • Earn $200 / 20,000 points after spending $500 on purchases in the first 3 months.
  • Earn 5% / 5x points on travel purchased through Chase Travel.
  • Earn 3% / 3x points dining at restaurants, including take out and delivery.
  • Earn 3% / 3x points on drug store purchases.
  • Earn 1% back or 1 point per dollar on all other purchases.
  • No annual fee.
  • Receive 3 months complimentary DashPass membership with $0 delivery fees and 50% off membership for an additional 9 months.
  • Earn 5% cash back on Lyft Rides through March, 2025.
  • Cash back rewards won’t expire as long as your account is active
  • Refer a friend to any participating Chase Freedom credit card and earn $50 cash back per person that enrolls. This perk has a cap at $500 per year.
  • Free credit score and more through Credit Journey®

Pooling Points

Chase Ultimate Rewards points can be transferred to someone in your household. Chase states “You can move your points, but only to another Chase card with Ultimate Rewards belonging to you or one member of your household” and it’s important to note that there are no fees associated with this pooling of Ultimate Rewards points. Furthermore, Chase Freedom Flex cardholders can take advantage of the 5% cash back on purchases that change quarterly – making this an attractive way to boost your rewards. With a little planning and coordination, pooling Ultimate Rewards points with family members can be an excellent way to take full advantage of the Ultimate Rewards program.

Final Thoughts

The Chase Freedom Flex® offers even more ways to earn cash back rewards than the Chase Freedom Unlimited®. With the Flex you will get 5% cash back / 5x points on up to $1,500 of cumulative purchases in BONUS CATEGORIES such as gas stations, grocery stores and other, rotating eligible online merchants each quarter. This allows you to maximize your rewards categories, but does have a cap that could impede some earning opportunities. Make sure to keep an eye out for the updated Bonus Categories throughout each quarter so that you don’t miss out on any rewards, which can be viewed on the Chase 5% cash back calendar. And you must “register” for the bonus categories each quarter through a 1-click activation e-mail sent by Chase or through their website. And if you don’t already have another Chase card that earns points, you can save up your points until you do and combine them at a future date.

Editorial Note: Information and opinions articulated in this article are solely those of the author’s, not those of a credit card company, bank, airline or hotel chain. This article has not been reviewed or approved by or otherwise endorsed by any of these companies or organizations.

Miles Junkie covers airline miles, hotel points and credit card earning program information and travel in general with an eye towards ethical & eco-conscious exploration.

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