Chase Freedom Flex
A Chase Mastercard card with no annual fee. Here's what it pays back after that fee for three spending profiles, simulated month by month. Terms verified Oct 5, 2026.
What it's worth
5 years, the welcome offer counted when the profile's own spending reaches it, rewards valued as cash. Merchant credits like Uber or DoorDash aren't counted for typed profiles.
| Profile | Year 1 | Then yearly | 5 years |
|---|---|---|---|
| Everyday spender About $2,000 a month, mostly groceries and errands, one trip a year. | $745 | $471 | $2,629 |
| Balanced About $3,500 a month with a few trips a year and regular dining out. | $1,054 | $756 | $4,078 |
| Frequent traveler About $5,000 a month, heavy on flights, hotels and restaurants, some trips abroad. | $1,354 | $1,044 | $5,530 |
Your spending isn't one of our profiles. Drop in a year of statements and see where the Freedom Flex ranks against every card we track. They're read on this device and never uploaded.
Terms
| Term | Freedom Flex |
|---|---|
| Issuer and network | Chase, Mastercard |
| Annual fee | None |
| Requires | Nothing extra |
| Welcome offer | 25,000 points after $500 in 3 months |
| Earning | 5% on rotating quarterly categories, up to $1,500 a quarter, activation required · 5% on travel purchased through Chase Travel · 3% on dining at restaurants (incl. takeout and eligible delivery) · 3% at drugstores · 2% total on Lyft rides/products in the Lyft app through 9/30/2027 · 1x on everything else |
| Rewards currency | Chase Ultimate Rewards points |
| Statement credits | $10 quarterly DoorDash promo on a non-restaurant order |
| Lounges | None |
| Foreign transaction fee | None |
| Authorized users | No fee |
| Availability | Open to new applicants |
| Verified | Oct 5, 2026 |
Checked against the issuer's page. Dates and sources for each part.
Fine print
- Rotating calendar confirmed from Chase press releases at media.chase.com/news/chase-freedom-YYYY-qN-categories for 2025 Q1-Q4 and 2026 Q1-Q4. The 2026 grid and Q1 2027 also appear on the Flex product page and the 9/21/2026 release.
- Stacking: the 5% rotating bonus is +4% on top of the 1% base. In quarters where dining is a rotating category, Chase says dining earns 7% total (1% + 4% + 2%) until the cap. Chase Travel in a rotating quarter earns 9% total.
- Chase's grocery category excludes Walmart, Target, warehouse clubs and discount stores.
- Cell phone protection was removed effective 9/20/2026 (coverage through 9/19/2026); the same update added no foreign transaction fees. Earns UR points; transfers need a Sapphire or Ink Preferred.
- Intro balance-transfer fee is $5 or 3% within 60 days of opening, then $5 or 5%. Variable APR is Prime + 11.49% to 20.99%.