Chase Freedom Flex
Mastercard cash back card with no annual fee. Earns 5x on quarterly categories, when activated, 5x on travel booked through Chase Travel, 3x on dining and drugstores.
Terms read from Chase's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- None
- Intro APR on purchases
- 15 months
Rewards
- 5x on quarterly categories, when activated
- 5x on travel booked through Chase Travel
- 3x on dining and drugstores
- 1x on everything else
Earns Chase Ultimate Rewards (Freedom cards alone), valued at 1 cents as cash, 1 through the issuer's travel booking.
Not confirmed
- Q3 2026 categories come from secondary sources, not a Chase announcement.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $486 | $236 | $957 | Month 1 |
| Family | $908 | $658 | $2,225 | Month 1 |
| Frequent traveller | $1,015 | $765 | $2,545 | Month 1 |
Frequently asked questions
Is the Chase Freedom Flex worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $908 in year 1 and $658 a year after that, after no annual fee. It pays for its fee by month 1.
What is the Chase Freedom Flex welcome bonus?
$250 bonus (25,000 points) after $500 in purchases in the first 3 months.
Does the Chase Freedom Flex charge foreign transaction fees?
No. It charges no foreign transaction fee.
What isn't counted in its value?
Rotating categories use the 2026 calendar: dining (Q1), Amazon as online shopping (Q2), gas and transit (Q3), groceries and dining (Q4). Next year's categories aren't announced, and you have to activate each quarter.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.