Chase freedom spending category review5/31/2023 How to earn rewards with the Chase Freedom Flex When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay. These cards won't be worth it if you're paying interest or late fees. We're focused here on the rewards and perks that come with each card. And if you're after a big welcome bonus, the Chase Sapphire Preferred® Card is worth a look - it's offering 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening, but there is a $95 annual fee. If you're thinking of opening the Chase Freedom Flex℠, you should also consider the Chase Freedom Unlimited®, which comes with the same intro bonus but has different earning categories. In addition, new cardholders receive a 0% intro APR on purchases and balance transfers for the first 15 months, then a 19.49% - 28.24% Variable APR. The Chase Freedom Flex℠ also earns 5% cash back (5x points) on travel booked through the Chase Travel Portal, 3% back (3x points) on drugstore and dining purchases (including takeout and eligible delivery services), and 1% back (1x points) on everything else. If you hold other Chase credit cards that earn Ultimate Rewards points, you can pool your points into one account and potentially increase their value.īecause it's a World Elite Mastercard, the Chase Freedom Flex℠ comes with an outstanding range of benefits - including some you might not expect from a no-annual-fee card, like cell phone protection and purchase protection. Cardholders can earn 5% cash back (5x points) on up to $1,500 in combined spending in categories that rotate every quarter when they activate the bonus.įor example, the Chase Freedom 5x categories for the first quarter of 2023 (January through March) are grocery stores, Target, and fitness club/gym memberships. The Chase Freedom Flex℠ is marketed as a cash-back credit card, but it actually earns Chase Ultimate Rewards® points, which you can redeem for cash back, travel, merchandise, and more. With excellent bonus categories and a solid welcome bonus of $200 after spending $500 on purchases in the first three months from account opening, plus, 5% cash back on grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year, opening and using the card is an excellent way to supercharge your rewards earnings on everyday spending. If you want a credit card that earns up to 5x bonus rewards without paying an annual fee, the Chase Freedom Flex℠ is a great choice. Review: Is the Chase Freedom Flex the best credit card for you? It's an even better choice if you already collect Ultimate Rewards points with other Chase cards, because you can combine your points and potentially get even more value. Is a great pick if you want a no-annual-fee card with big earning potential and impressive benefits. Read Our Review A looong arrow, pointing right
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