Bottom Line:

Unlike all other cards in it’s category, the Chase Freedom Flex Card is versatile in the fact that it has solidified bonus categories that are not subject to change, along with rotating bonuses per quarter.

As one of the most lucrative cards in the market, the bonuses require a bit of tracking and maintenance. If you want an attention void card, the Freedom Flex card might not be for you.

At a glance

	Chase Freedom Flex
Annual Fee	– $0
Sign-Up Bonus	– Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Ongoing rewards	– 5% cash back in quarterly bonus categories on up to $1,500 in combined spending each quarter. Activation of bonus categories is required. – 5% back on travel booked through Chase Ultimate Rewards® – 3% back on dining, including takeout and delivery services. – 3% back on drugstore purchases. – For all cardholders, through March 31, 2025, 5% back on qualifying Lyft services purchased through the Lyft app. – 1% on all other purchases.
Foreign transaction fee	– 3%
APR	– APR: 20.49%-29.24% Variable APR – Cash Advance APR: 29.99%, Variable – Penalty APR: 29.99%, Variable
Value of points redeemed through chase rewards	– 0.8 – 1 cent per point (Varies on Q1-4 Bonus rewards)
Rotating Bonuses	– Coming December ’23
Limited Time Offers	– None

Pros & Cons

---

Detailed Overview:

Exploring the Landscape of Rewards Credit Cards: Unveiling the Distinctive Strengths of the Chase Freedom Flex℠

In the realm of rewards credit cards, the Chase Freedom Flex℠ stands out with a distinctive and formidable presence. This zero-annual-fee card, stepping into the shoes of the retired Chase Freedom®, seamlessly combines the best of both realms: fixed bonus categories offering up to 5% cash back, complemented by dynamic 5% bonus categories that evolve every quarter.

Navigating through the myriad bonus categories requires diligent tracking, making it ideal for those who appreciate a strategic approach to maximizing rewards. If you lean towards a preference for uncomplicated, hassle-free rewards and prefer less maintenance, there are alternative cash-back cards better suited to your needs. However, for the savvy optimizer who is ready to embrace and activate quarterly bonus categories while keeping a keen eye on ongoing bonus tiers, the Chase Freedom Flex℠ flexes its muscle with unparalleled potency.

Chase Freedom Flex Basics

Card type: Cash back.

Annual fee: $0.

Sign-up bonus: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

Rewards:

• 5% cash back in quarterly bonus categories on up to $1,500 in combined spending each quarter. Activation of bonus categories is required. (Bonus category calendar will be arriving at the end of December ’23
• 5% back on travel booked through Chase Ultimate Rewards.
• 3% back on dining, including takeout and delivery services.
• 3% back on drugstore purchases.
• For all cardholders, through March 31, 2025, 5% back on qualifying Lyft services purchased through the Lyft app.
• 1% on all other purchases.