Chase no longer accepts applications for the Freedom, so it only matters now if you already hold one. If you do, it still earns 5% on rotating quarterly categories on up to $1,500 of spend each quarter, which for Q3 2026 covers gas stations and EV charging, public transit, and select live entertainment, then drops to 1% past the cap. Everything outside those categories earns a flat 1%, so the card only pays off if you activate each quarter and deliberately steer the right spending to it. There is no annual fee, which makes it painless to keep open for the credit history even in quarters you skip. Anyone shopping for this profile today should look at the Freedom Flex, its direct successor, or the Freedom Unlimited if rotating categories are more bother than they are worth.
Earn rates & credits
| Category | Rate |
|---|---|
Rotating categories Q3 2026: gas stations and EV charging, public transit, select live entertainment, and donations to United Way on first $1,500/qtr, then 1% Q3 2026: Gas, EV Charging, Transit, Entertainment | 5% |
Everything Else | 1% |
Card details
Foreign transaction fee | Yes |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Chase Sapphire Preferred
Chase Freedom Unlimited
Chase Sapphire Reserve
Chase Freedom Flex
Chase Slate Edge
Chase FreedomChase FreedomBased on 18 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.