Chase Freedom Flex℠ full review

Keep reading and learn more about the Chase Freedom Flex℠

The Chase Freedom FlexSM should be one of your first stops if you’re looking for a card that offers year-round rewards and fluctuating cash back.

The Freedom Flex features one of the most adaptable cash-back rewards systems available, with no annual fee, great cardholder benefits, a great balance of useful everyday bonus categories, and niche extras.

Each of these advantages stands out on its own and together they make the Freedom Flex one of the greatest cash-back credit cards available.

So, keep reading and keep taking a look at this big round of benefits the Chase Freedom Flex℠ has to offer!

How do the Chase Freedom Flex℠ works?

Cashback is earned on the Chase Freedom Flex in the form of Ultimate Rewards points. At a rate of 1 point for every 1% charged, the proportion of your purchases is converted and saved as a number of Ultimate Rewards points.

With Chase Ultimate Rewards, a top prizes program that lets you exchange points for cash back, travel, gift cards, and other rewards, this card offers 5% additional cash-back on travel purchases.

Additionally, you can activate your card to receive 5% cash back on up to $1,500 in combined bonus category purchases each quarter and 5% cash back on travel booked via Chase.

Earn 3% on eating, takeaway, and drugstore purchases in addition to 1% on all other expenditures.

As long as your account is active, any points you’ve gained never expire.

If your account is canceled due to abuse, fraud, nonpayment, bankruptcy, or certain other circumstances, you could lose your points automatically.

With this card, you can earn Chase Ultimate Rewards points that can be used in a variety of ways.

Gift cards, travel, cash back in the form of a statement credit or direct deposit, and paying with points for purchases from Apple and Amazon are among the options.

The value of each point used to purchase travel and cash back with this card is one penny. Gift card promotions occasionally increase the value of points, which are typically worth one cent apiece.

Although it can be convenient, using pay with points to redeem points results in a value of 0.8 cents per point for Amazon purchases, which is less than the rate of 1 point = 1 cent when converted for cash.

Chase Freedom Flex℠ Benefits

Several award categories with high earnings

Several categories on this card offer earnings above the 1% base cash-back rate.

These include earning 5% cash back on trips booked through Chase, as well as 5% cash back on combination purchases totaling up to $1,500 in bonus areas each quarter you activate.

Additionally, 3% on meals, including takeout, drugstores, and all other purchases will incur a 1% tax.

Insurance for trip interruption and cancellation

For prepaid, non-refundable passenger fares, this benefit offers compensation of up to $1,500 per person and $6,000 per trip.

You must use the card to pay for your trip, and it must be canceled or cut short due to a covered reason for you to be eligible.

These include sickness, bad weather, and other things.

A large one-time incentive for a card with no annual cost

The bonus offered by the card is quite good. After spending $500 throughout the first three months, you can get $200 back. This is quite kind compared to other no-annual-fee credit cards.

Cell phone insurance protection

When you use the card to pay your monthly cell phone bill, you are covered for covered theft or damage to phones up to $800 per claim and $1,000 per year.

There is a two-claim maximum per calendar year and a $50 deductible for each claim.

How to apply for a Chase Freedom Flex℠ card?

As you could see, the Chase Freedom Flex℠ is an amazing card if you are focused on benefits and insurance.

With no annual fee, it is the kind of card that has a lot of benefits and, as said before, checks the box of many features a good reward card needs to have.

So, if you got interested, check out our article on how to apply, so you can have this card in your hand in no-time

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