The Freedom Flex earns the top spot on our Best Cash Back Credit Cards list by stacking several strong categories on a no annual fee card: 5% on rotating quarterly categories, 5% on travel booked through Chase, 3% on dining, and 3% at drugstores. The Q4 2026 rotation covers grocery stores (excluding Walmart and Target), dining, and donations to the American Red Cross, but the 5% applies only to the first $1,500 in combined purchases each quarter, then drops to 1%. The welcome bonus recently rose from $200 to $250 after $500 in spend within 3 months, and a 15 month 0% intro APR on both purchases and balance transfers adds flexibility. The catch is the effort: the rotating categories change each quarter and need tracking, and everything outside the bonus categories earns just 1%. It works best for organized spenders or as a partner to a flat-rate card for non-bonus purchases.
Earn rates & credits
| Category | Rate |
|---|---|
Rotating categories Q4 2026: grocery stores (excluding Walmart and Target), dining, and donations to the American Red Cross on first $1,500/qtr, then 1% Q4 2026: Groceries, Dining | 5% |
Travel (via Portal) | 5% |
Dining | 3% |
Drugstores | 3% |
Transit On qualifying Lyft rides through September 30, 2027 (limited-time promo; 1% on top of the 1% base rate) Through Sep 30, 2027 | 2% |
Everything Else | 1% |
Card details
Regular APR | 18.24%–27.74% variable |
Intro APR on purchases | 0% for 15 months |
Intro APR on balance transfers | 0% for 15 months |
Foreign transaction fee | None |
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 Freedom FlexChase Freedom FlexBased on 4 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.