Chase Freedom Flex®
A no-fee card with 5% rotating categories (activation required, $1,500 per quarter cap) plus 3% dining and drugstores. Annual fee: $0. Welcome offer: $250 cash back after $500 in purchases in the first 3 months.
Welcome offer
| Offer | $250 cash back |
|---|---|
| Spend requirement | $500 in purchases |
| Time window | first 3 months |
| Expiration | No end date stated |
Chase's page shows both $200 and $250; confirm the exact figure when you apply. 0% intro APR for 15 months on purchases and balance transfers.
Offers may vary by applicant, channel, referral link and targeting. The offer on the issuer's own application page is the one that applies.
Earning rates
| Category | Rate | Notes |
|---|---|---|
| Rotating quarterly categories (activate each quarter) | 5% | First $1,500 combined per quarter, then 1%. |
| Travel via Chase Travel | 5% | |
| Dining | 3% | |
| Drugstores | 3% | |
| Everything else | 1% |
Rotating 5% categories not counted here (quarterly, activation required).
Benefits and credits
Statement credits
| Credit | Value | Details |
|---|---|---|
| Oct–Dec 2026 5% categories | Grocery stores (excl. Walmart, Target), dining, American Red Cross | Activation began Sept 15, 2026. |
| Jan–Mar 2027 5% categories | Grocery stores (excl. Walmart, Target), top streaming services | Activation starts Dec 15, 2026. |
| DashPass | 6 months | Activate by 12/31/2029. |
Other benefits
- Purchase protection 120 days up to $500 per item; extended warranty; trip cancellation up to $1,500 per traveler; secondary rental coverage.
Restrictions
- You must activate each quarter. Merchants must submit the charge by the last day of the quarter.
- Not available to current cardmembers or those who got the bonus in the past 24 months.
Strategies
- Put the first $1,500 of each quarter's category spending on this card; after that use a better flat-rate card.
- Set a calendar reminder for the activation date each quarter.
Best categories: 5% at rotating quarterly categories (activate each quarter); 5% at travel via chase travel.
Compare with: Chase Freedom Unlimited®, Citi Double Cash® Card, Blue Cash Preferred® Card from American Express, Blue Cash Everyday® Card from American Express. Or try the Best Card Finder with your own spending.
Sources and freshness
Fees, welcome offers and earning rates come from Chase's official card pages, fetched on Oct 27, 2026.
Last updated: . Verification status: checked against the sources above.