The Freedom Flex earns more than most no-annual-fee cards, combining 5% on quarterly rotating categories with a steady 3% on dining and drugstores and 5% on travel booked through Chase, which is why it ranks #1 on our Best Cash Back Credit Cards list. For Q4 2026, the 5% categories are grocery stores (excluding Walmart and Target), dining, and American Red Cross donations, on up to $1,500 in combined purchases before dropping to 1%. Chase recently raised the welcome offer from $200 to $250 after $500 in spend within 3 months, and the 15 months of 0% intro APR on purchases and balance transfers adds flexibility. The tradeoff is effort: you have to track and activate rotating categories each quarter, and the 1% base rate on everything else is weak. Pair it with a flat-rate card for non-bonus spending and it pulls a lot of weight for no fee.
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% |
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.