Chase · Mastercard

Chase Freedom Flex

No annual fee · 1% on everything else · 3.0% foreign transaction fee

Earn rates · how we got this

CategoryRateCap
Rotating quarterly categories (rotating) 5% on the first $1,500/quarter
Dining 3% uncapped
Drugstores 3% uncapped
Everything else 1% uncapped
Issuer travel portal
portal only — pays only if you book through the issuer's own site, so it is excluded from every ranking on this site
5% uncapped

See how it ranks: best dining cards.

Signup bonus: $200 back after $500 in 3 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. $200 bonus encoded as 20,000 CASH points at 1 cent each Bonus figure confirmed on the issuer's page 2026-09-14.

Non-cash perks

  • World Elite Mastercard benefits (Lyft, Instacart, Peacock, and other merchant partners)
  • Purchase Protection, up to $500/item, 120 days
  • Extended Warranty Protection (+1 year on eligible warranties of 3 years or less)
  • Trip Cancellation and Interruption Insurance, up to $1,500/traveler and $6,000/trip
  • 24/7 fraud monitoring
  • Rewards don't expire as long as account is open

Does the fee earn out? · how we got this

No annual fee, so every point earned is pure upside. The question is only whether its rates beat the other cards already in your wallet — which depends on your spending, not the card.

Check the current offer on the issuer's site → Where a card link will appear once available — no link on this page pays us today.

Who this card is not for

Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. three things on this card rule out a kind of spender:

  • Anyone who doesn't spend at the issuer's travel portal. Its largest printed rate, 5% on issuer travel portal, pays only at the issuer's travel portal. Elsewhere in that category the card earns 5%, so the headline number is a loyalty rate rather than a category rate — which is why no ranking on this site counts it.
  • Anyone who spends abroad. Every purchase in a foreign currency carries a 3.0% foreign transaction fee. On a card earning 1.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
  • Anyone who won't track a quarterly calendar. Its 5% rate applies to categories that change every quarter, on the first $1,500 of spending per quarter, and the issuer requires you to activate each quarter before you spend. In a quarter whose categories miss your spending — or that you forget to activate — those charges earn its base 1%.

Compared head-to-head

More from Chase

All Chase cards →

Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →

Verified 2026-09-15 against issuer terms · sources: media.chase.com · www.chase.com · creditcards.chase.com. Spot an error? Tell us.

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