Reviews

Chase Freedom Flex® Credit Card Review

The Chase Freedom Flex® Credit Card is a cash-back credit card that regularly offers 5% back. But does this versatile cash-back card have other strengths? Find out in our full review!

Advertisement

Chase Freedom Flex® Credit Card: 5% cash back on rotating categories and unlimited 1% everywhere else.

Chase Freedom Flex® Credit Card
Check our in-depth Chase Freedom Flex® Credit Card review! Source: Stealth Capitalist.

If you’re looking for a solid card with cash back benefits, you’ve found it! Read our Chase Freedom Flex® Credit 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! Do you want more information about this card’s features and benefits? Then let’s get started!

Credit ScoreGood – Excellent
Annual Fee$0
Regular APR0% intro APR for 15 months from account opening on purchases and balance transfers. Then, a variable 20.49%–29.24%.
Welcome bonus$200 after spending $500 on purchases within 90 days of account opening, plus an extra 5% rebate on gas and grocery stores.
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® Credit 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® Credit Card in minutes!

How does the Chase Freedom Flex® Credit Card work?

The Chase Freedom Flex® Credit Card 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 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. 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:

Chase Freedom Flex® Credit Card benefits
See this card’s pros and cons. Source: Chase.

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® Credit Card review.

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.

Therefore, 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® Credit 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® Credit Card in minutes!

Trending Topics

content

What is expense ratio for mutual fund: a 101 guide

Do you know what is expense ratio for mutual fund? Here's a breakdown of what this figure means and how it affects your investment.

Keep Reading
content

Choose a credit card to build credit and improve your finances

Having a good credit score is critical to good business. See how choosing a credit card to build credit can be important!

Keep Reading
content

247LoanPros review: is it worth it?

Want to settle your debts? Follow this 247LoanPros review and see what benefits it can bring to your financial life.

Keep Reading

You may also like

content

Make up to $20 an hour working at Applebee’s: see job vacancies

Looking for a flexible job with competitive pay? Check out the latest job vacancies for a career at Applebee's!

Keep Reading
content

How to save money on groceries during inflation

Inflation can have a serious impact on your finances if you're not prepared. Learn some tips on how to save money during these times.

Keep Reading
content

Citizens Bank HELOC: how to apply now!

Interested in a home equity line of credit from Citizens Bank with flexible terms? Learn how to apply for Citizens Bank HELOC!

Keep Reading