Everything To Know About Chase Flex Card

Written By: Nathan Justice
Reviewed By: William Rivers
Published: April 28, 2023
Last updated: November 5, 2023

The Chase Freedom Flex card is a popular credit card option for individuals looking for a flexible rewards program and a range of benefits. In 2018, more than 62 million households in the U.S. had credit cards and Flex cards issued by JPMorgan Chase Bank, N.A.

With no annual fee, the Chase Flex Card offers cashback rewards on various purchases, including dining, gas, and groceries. In this article, we'll look at the Chase rewards program of their Flex card and its additional benefits. Read the article below to learn more.

Overview Of The Flex Card

The Chase Freedom Flex℠ credit card stands out among other rewards cards with its distinctive and robust offerings. Unlike other cards, this card has no annual fee. It combines fixed bonus categories with changing quarterly bonus categories, allowing cardholders to earn up to 5% cashback on several purchases. The unique combination of rewards options makes the Chase Freedom Flex a powerful and appealing choice for consumers.

Benefits Of The Chase Flex Card

The Chase Flex card is a popular credit card that provides its cardholders extensive rewards and a broad range of benefits. Here are some key features of this card:

  • No annual fee: The Chase Freedom Flex card does not charge an annual fee, a great feature for individuals who wish to avoid fees.

  • Cash back rewards: Cardholders can earn cashback rewards on various purchases, including dining, gas, and groceries. The rewards program is flexible, allowing you to choose how to redeem your rewards.

  • Introductory APR: Introductory APR: With this card, you'll be able to pay off your purchases over time with an introductory 0% APR for 15 months.

  • Other benefits: The Chase Freedom Flex card includes other benefits, such as purchase protection, extended warranty coverage, and travel insurance. Cardholders can also enjoy exclusive experiences and discounts through Chase's partnerships.

  • Wide acceptance: The card is widely accepted worldwide, making it a convenient option for domestic and international use.

Eligibility Criteria

The eligibility criteria for Chase Freedom Flex cards may vary depending on the issuer. Here are some general guidelines to consider before applying:

Credit Score Requirements

Generally, you should have a good to excellent credit score to be granted the Chase Freedom Flex card. This means a FICO score of at least 670 or higher.

Age Requirements

You have to be 18 years old to apply for a credit card. However, suppose you want to secure a credit card before turning 21. In that case, you may need assistance from a co-signer or become an authorized user on a credit card owned by a friend or family member due to the Credit Card Accountability Responsibility and Disclosure Act of 2009.

Other Requirements

Chase also sets additional requirements before issuing a Flex Card, such as:

  • Citizenship and residency: You have to be a U.S. citizen or a legal resident with a valid Social Security number.

  • Existing Chase accounts: You may need an existing Chase account to apply for a Chase Freedom Flex card.

It is important to note that meeting the eligibility criteria does not guarantee approval for a credit card.

Rewards Program

The Chase Flex Card is popular for its Chase Ultimate Rewards® program that provides cash back, points, and other rewards. Here are some crucial details of their rewards program:

Cash Back Rewards

If you want to maximize your points-earning potential, the Chase Freedom Flex card would be a great choice due to its generous cashback rewards. Chase offers the following rewards along with its quarterly bonus categories:

  • 5% on travel bookings made via Chase Ultimate Rewards®

  • 5% on Lyft services until March 31, 2025

  • 3% on drugstore and dining purchases

  • 1% on all other transactions

Points-based Rewards System

When you use the Chase Freedom Flex card for purchases, you earn cash back as Ultimate Rewards points. Your rewards are determined by the percentage of your purchase and converted into a corresponding number of Ultimate Rewards points, 1 point per 1% charged on your card.

Quarterly Categories And Bonuses For Maximum Rewards Potential

The Chase Freedom Flex card allows cardholders to earn cash back at a rate higher than the 1% base rate in several categories. Upon activation, the card offers 5% cash back on combined purchases in bonus categories that vary each quarter of every year. The eligible bonus rewards categories for the year 2023 are as follows:

  • Q1: Target, gym memberships, select grocery stores, and fitness clubs

  • Q2: Lowe's, Amazon

  • Q3: TBD (Gas stations, movie theaters, and rentals in the previous year)

  • Q4: TBD (Walmart and PayPal in the previous year)

Additional Card Benefits

Chase Flex cardholders may also enjoy numerous additional benefits, such as:

  • DoorDash: 3 Months Of DashPass: Members with the Chase Flex card signed up for DashPass will receive $5 in DoorDash credits each month for three months.

  • Cell Phone Protection via Mastercard: Protection against damage or theft of cell phones up to $1,000 each year and $800 per claim for devices included in cardholders' accounts.

  • Purchase Protection and Extended Warrant:  With this plan, new purchases are covered against theft or damage for four months with a $500 maximum per claim and a $50,000 cap per account. It also extends valid manufacturer warranties of three years or less by another year.

  • Auto Rental Collision Damage Waiver: Receive supplemental coverage for any vehicle damages caused by collisions and car accidents involving your rental car.

  • Trip Cancellation/Interruption Insurance: Your non-refundable, pre-paid passenger fare will be reimbursed if your trip is postponed, canceled, or shortened due to bad weather, illness, or other qualifying reasons.

  • ShopRunner: Chase Freedom Flex cardholders can avail of free ShopeRunner membership and receive free-of-charge shipping and return shipping services at more than a hundred participating retailers.

The Chase Freedom Flex card is widely accepted worldwide, making it a convenient choice for domestic and international use. Whether you're a frequent flyer or simply looking for a card to help you earn rewards on everyday purchases, the Chase Flex card is worth considering. For those interested in healthcare-related financial solutions, the Flex Card from Anthem may also be an option to explore, providing a different set of benefits.

Read this article from Senior Strong about senior discounts at state parks if you enjoy taking strolls there.

Was this article helpful?
Nathan Justice manages community outreach programs and forums that help many senior citizens. He completed a counseling program at the University of Maryland’s Department of Psychology.
After years of living under the care of your parents and other family members, the time will arrive for you to reciprocate. At Senior Strong, you can show your loved ones just how much you value them.
642 W 28th St, Los Angeles, CA 90007
(213) 877-8342
Senior Strong © Copyright 2024, All Rights Reserved