Chase Freedom Flex Credit score Card assessment: Full particulars

The Chase Freedom Flex® is among the greatest cash-back bank cards round, because of phenomenal incomes charges throughout numerous spending classes, all with no annual payment to fret about. Plus, the cardboard turns into much more helpful whenever you even have a card that earns transferable Chase Final Rewards factors. Card Ranking*: ⭐⭐⭐½

*Card Ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

In relation to journey rewards playing cards, it is simple to give attention to premium merchandise with high-end perks like airport lounge entry and airline companion tickets — although these have a tendency to return with excessive annual charges.

Nevertheless, there are fairly a couple of glorious no-annual-fee playing cards that is likely to be a more sensible choice for some of us, and sitting towards the highest of that record is the Chase Freedom Flex.

Though it is ostensibly a cash-back card, you probably have one other Chase card that earns transferable Final Rewards factors, you possibly can mix the rewards out of your Freedom Flex with these out of your different account, and so they grow to be transferable to Chase’s airline and resort companions. Given the Chase Freedom Flex’s sturdy incomes charges throughout quite a lot of buy classes, that makes the cardboard a doubtlessly highly effective software in any traveler’s pockets.

On high of this, the cardboard has helpful incomes classes and advantages you would not sometimes anticipate from a no-annual-fee bank card.

For the very best possibilities of approval, you will need a credit score rating between 670 and 850. If you happen to’re there and contemplating including the Freedom Limitless, here is a breakdown that can assist you determine if it is best for you.

At the moment, new Freedom Flex candidates can earn $200 after spending $500 within the first three months from account opening.

And in the event you even have a Chase Final Rewards-earning card, just like the Chase Sapphire Most popular® Card or Chase Sapphire Reserve®, that $200 can grow to be 20,000 transferable factors — value a strong $410, in keeping with TPG’s January 2025 valuations.

Day by day E-newsletter

Reward your inbox with the TPG Day by day publication

Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants

Whereas this is not as spectacular as a few of the welcome presents on our favourite journey rewards playing cards, it is fairly customary for a cash-back card. Nonetheless, this is not fairly the greatest provide we have seen on the Freedom Flex, so you might wish to look forward to a greater provide earlier than you apply.

Associated: This month’s greatest bank card welcome bonuses

We sometimes do not anticipate a lot in the best way of perks and advantages exterior of the incomes construction for no-annual-fee playing cards. Nevertheless, the Freedom Flex does provide some further advantages for cardholders.

Cellphone safety

In contrast to most of Chase’s bank cards, the Chase Freedom Flex is a Mastercard. In truth, it is a World Elite Mastercard, which suggests you will have entry to a strong cellphone safety plan. You are coated for $800 per declare for theft or harm, with a most of two claims and $1,000 complete in a 12-month interval (although you might have to pay a $50 deductible). Be aware that to obtain this protection, you do should pay to your month-to-month cellphone invoice with this card.

Purchasing protections

You will have two additional protections when utilizing your Freedom Flex card to make purchases. First, you will have entry to prolonged guarantee safety. This profit applies to U.S. producers’ warranties of three years or much less and can add a yr to the size of the prevailing guarantee.

You will even have entry to buy safety, which covers your new purchases towards harm or theft for as much as 120 days from the date of buy. This protection applies as much as the price of the merchandise or as much as $500 per declare and as much as $50,000 per account.

Meals supply perks

As a part of Chase’s partnership with DoorDash, cardholders get three months of complimentary DashPass, providing you with free supply on eligible orders and lowered service charges.

I do know I’ve personally saved fairly a bit utilizing my Chase bank card’s complimentary DashPass entry (although I get mine by way of the Chase Sapphire Reserve, not the Freedom Flex).

As soon as your three months of free entry are over, you will nonetheless get 9 months of discounted entry for 50% off. Cardholders should register for this profit earlier than Jan. 31, 2025.

Journey cancellation and interruption insurance coverage

The cardboard additionally comes with journey safety. For pay as you go, nonrefundable fares booked along with your Chase Freedom Flex, you are coated for $1,500 per individual or $6,000 per journey if it is canceled for a coated motive. It’s also possible to reap the benefits of the auto rental collision harm waiver profit. If you happen to decline the rental firm’s protection, this profit can defend towards theft and collision harm, although that is secondary protection.

Associated: Why I bought the Chase Freedom Flex and the way I am getting max money again this quarter

The Freedom Flex is filled with incomes alternatives throughout high spending classes, making it a compelling possibility for each newbies searching for their first rewards bank card and consultants trying to spherical out their wallets.

This is how you will earn factors with the Freedom Flex:

That is a formidable lineup of incomes classes for any card, particularly for a no-annual-fee bank card. Whereas consultants might desire to ebook paid journeys instantly (particularly when reserving lodges), newbies can get rather a lot out of a card that earns 5% on journey booked by way of Chase’s platform.

One TPG reader might pair the Freedom Flex with a card that earns Chase Final Rewards and switch the cash-back charge into factors. They wrote about utilizing the cardboard to earn rewards inside a well-liked bonus class with out paying an annual payment:

“The Freedom Flex presents 3 factors* per greenback on eating and no annual payment.” — Naveen Ok by way of Fb

* The Freedom Flex earns 3% money again on eating at eating places, together with takeout and eligible supply.

Be aware: Reader-submitted responses haven’t been edited, reviewed or authorized by the issuers nor mirror TPG’s opinions of those playing cards.

The rotating classes change every quarter and require activation prematurely. Classes we have seen recurrently embody Walmart, fuel stations and purchases with PayPal.

Alone, the Freedom Flex capabilities as a cash-back card. Redeeming your rewards for money again is the best redemption possibility: You will get one cent per level, and you’ll redeem your rewards for an announcement credit score or request a examine to money them out.

Nevertheless, you too can use your rewards to ebook journey by way of Chase Journey℠, redeem them for present playing cards or pay with them instantly at choose retailers.

Associated: Find out how to redeem cash-back rewards out of your bank card

Alone, the Freedom Flex does not permit you to switch your rewards to switch companions. Nevertheless, in the event you additionally maintain a Chase Sapphire Most popular, Chase Sapphire Reserve or Ink Enterprise Most popular® Credit score Card, you possibly can pool your factors into one Chase Final Rewards account and switch them to Chase’s full vary of resort and airline companions. These embody helpful choices like United Airways MileagePlus, Singapore Airways KrisFlyer and World of Hyatt.

I particularly love pairing my Freedom Flex with my Chase Sapphire Reserve to get nice worth from my factors by transferring them to Southwest Airways Speedy Rewards and World of Hyatt.

No matter your journey objectives, you will unlock super worth in the event you can reap the benefits of switch companions to redeem your Freedom Flex rewards.

Associated: Find out how to redeem Chase Final Rewards factors for optimum worth

The Freedom Flex is a strong cash-back possibility, nevertheless it’s not a slam dunk for everybody. If you need extra constant cash-back rewards, think about one in every of these playing cards:

For extra choices, take a look at our full record of the greatest cash-back bank cards.

Associated: Chase Freedom Flex vs. Chase Freedom Limitless

Because the Freedom Flex does not have an annual payment to fret about justifying, there’s little hurt in including it to your pockets. Nevertheless, it would depend towards your Chase 5/24 depend, so make sure you’ll profit sufficient from the Freedom Flex to make use of one in every of these spots earlier than getting it.

Associated: The perfect methods to make use of your Chase 5/24 slots

The Chase Freedom Flex is a strong cash-back card that gives a formidable rewards construction and helpful sign-up bonus — particularly contemplating it is a no-annual-fee bank card.

This card presents a variety of worth to each newbies and consultants, and it is positively value a better take a look at the Freedom Flex as a potential addition to your pockets.

And upon getting the cardboard, be sure that to activate the rotating classes every quarter.

Apply right here: Chase Freedom Flex