Reviews

Chase Freedom Flex℠ credit card full review

The Chase Freedom Flex℠ is a cash-back credit card that regularly offers 5% back on up to $1,500 in combined purchases for categories that rotate each quarter. But does this versatile cash-back card have other strengths? Find out in our full review!

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by Aline Barbosa

Published on 03/27/2022

Chase Freedom Flex℠ credit card: 5% cash back on rotating categories and unlimited 1% everywhere else.

Chase Freedom Flex℠ cards
Chase Freedom Flex℠ card review. Source: Stealth Capitalist.

If you’re looking for a solid credit card with cash back benefits, you’ve found it! Read our Chase Freedom Flex℠ card review to learn all about this one-of-a-kind product. The card offers 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and 1% cash back on all other purchases.

Plus, there is no annual fee! So, if you’re looking for a card that will help you earn rewards on your everyday spending, the Chase Freedom Flex℠ credit card is a great option. Do you want more information about this card’s features and benefits? Then let’s get started!

Credit ScoreGood – Excellent
Annual Fee$0
Regular APR14.99% – 23.74% (variable)
Welcome bonus$200 after spending $500 on purchases within 90 days of account opening
Rewards5% cash back on 2 fixed bonus categories;
5% cash back on travel booked through Chase Ultimate Rewards;
3% cash back on dining and drug stores;
1% cash back on all other purchases.
Chase Freedom Flex℠ card

How to apply for a Chase Freedom Flex℠ Credit Card

Follow this easy step-by-step guide and apply for your Chase Freedom Flex℠ in minutes!

How does the Chase Freedom Flex℠ work?

The Chase Freedom Flex℠ is a World Elite Mastercard product, Issued by Chase and Mastercard. That means you get exclusive perks like cell phone insurance, discounts in services like Lyft and Fandango, and hotel benefits through the Mastercard Luxury Hotel and Resorts program.

The card charges no annual fee and provides a 0% intro APR for 15 billing cycles on balance transfers and purchases. The recommended credit score for applications is between 690 and 850. 

Its welcome bonus for new cardholders provides a $200 bonus after spending just $500 within the first 3 months of card membership. Since this is primarily a cash back card, you get a lot of bonus points on everyday spending. 

In that sense, you can earn up to 5% cash back in quarterly bonus categories (which require activation) and 5% back on travel bookings made through Chase Ultimate Rewards. There is a 3% cash back on dining and drug stores and 1% on all other purchases. 

The flexible redemption options allow Chase Freedom Flex℠ customers to get a statement credit or direct cash deposit into a checking or saving account. That means the more you spend, the more you’ll earn. Since the bonus points never expire, prioritizing this card on daily purchases can mean a profitable return. 

Chase Freedom Flex℠ credit card pros and cons:

woman shopping
See this card’s pros and cons. Source: Adobe Stock

To help you make the best decision for your financial profile, we’ve compiled this product’s perks and drawbacks in our Chase Freedom Flex℠ card review. See what they are below:

Pros

  • Exciting $200 sign-up bonus;
  • $0 annual fee;
  • 5% cash back in rotating categories;
  • 0% intro APR
  • 1% cash back in every purchase.

Cons

  • Require Good/Excellent category;
  • Needs bonus rewards tracking;
  • Complicated rewards system

Does my credit score need to be good?

Since this is a product with cash back benefits, Chase requires all new clients to have a credit score ranging between Good and Excellent. The recommendation for a new Chase Freedom Flex℠ credit card is anywhere between 690 and 850. 

Want to apply for the Chase Freedom Flex℠ credit card?

Now that you’ve seen how beneficial this card can be for your finances, how about applying for one? Follow the link below for a quick and easy application process with Chase and get your Chase Freedom Flex℠ credit card today!

Chase Freedom Flex℠ card

How to apply for a Chase Freedom Flex℠ Credit Card

Follow this easy step-by-step guide and apply for your Chase Freedom Flex℠ in minutes!

About the author

Aline Barbosa

Aline Barbosa is an editor, writer and learning-enthusiast. Passionate about music, books and human behavior. Curious about the unknown. Believer that learning is a life-long process.

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