Chase Freedom Flex: The Best Starter Card [Updated]

Credit Cards Sep 18, 2021

UPDATE 9/18/2021: Reminder to activate Q4 (Oct-Dec) 5% categories - Walmart & PayPal (this is HUGE, check out previous article on PayPal Key!!)

UPDATE 7/1/2021: 5x groceries (first year) is back!

Usually when asked which card people should start with, I would reply with, "It depends". However, the Chase Freedom Flex changed that and has become THE go-to card I recommend to friends & family. Read on to find out why!

[referral link] Freedom Flex

1. NO ANNUAL FEE

Need I say more?

2. 20,000 PTS SIGNUP BONUS

That is at least $200 if you cash it out right after spending $500 within the first 3 months. This is already an incredible 40% return-0n-spend!

If you eventually upgrade or apply for one of Chase's premium cards such as the Chase Sapphire Reserve (review), it could be redeemed for at least $300 cash or potentially way more (think $1000-2000 worth!!!) if business class flights or 5-star hotels are what you are aiming for. Also, note that even if you already have the old (now discontinued) Chase Freedom or Freedom Unlimited (review) card, the Freedom Flex is considered a new product and you are eligible to earn this bonus.

3. INCREDIBLE EARNINGS

5% on Quarterly Rotating Categories

2021 5% Categories

Categories change every quarter, and vary year-by-year. Some categories are definitely easier than others, but for a no annual fee card, it doesn't hurt to hold it and use it when there are super useful categories, such as when you can earn 5x back when paying rent via PayPal Key.

Old 2020 5% Categories

5% on Groceries (within your first year - limited time)

5% on Lyft (limited time)

5% on Travel through Chase

3% on Dining

3% on Drugstores

4. AMAZING PROTECTION AND BENEFITS

  • Zero Liability Protection - protects you from fraudulent charges
  • Purchase Protection - covers many issues including theft, loss, and accidents
  • Extended Warranty
  • Car Rental Protection
  • Trip Cancellation / Interruption Protection
  • Cell Phone Protection
  • ... and many more

5. CHERRY ON TOP

3 months of DashPass (DoorDash's delivery subscription service, which usually costs $9.99/month) FREE, so you can save on delivery fees. Furthermore, points from Chase Ultimate Rewards cards (including the Sapphire Reserve, Sapphire Preferred, Freedom Unlimited, Freedom, etc.) can be combined together for redemption. You can even pool points with others in your household! Learn more here.


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