Key takeaways
- The Chase Freedom Flex℠ and Chase Freedom Limitless® are each no-annual-fee playing cards with stable rewards and distinctive advantages.
- Whereas these playing cards include related options, the distinction in the way you earn rewards can decide which is healthier for you.
- Chase Freedom Flex earns massive on rotating classes and comes with an accessible welcome bonus.
- Chase Freedom Limitless is an efficient selection for on a regular basis spending with stable journey protections.
Chase has supplied a few of the finest journey and rewards bank cards available on the market for years, and the issuer’s money again choices aren’t any exception. That’s very true since these “money again” playing cards may be a part of a robust journey rewards technique.
The Chase Freedom Flex℠* and Chase Freedom Limitless® playing cards each include no annual charge. Nonetheless, Chase Freedom Flex earns extra in rotating quarterly bonus classes, whereas Chase Freedom Limitless gives regular class bonuses and 1.5 p.c again on all purchases. Each playing cards additionally increase earnings in classes like eating and drugstore purchases in addition to journey purchases made by Chase Final Rewards.
In case you are contemplating a brand new money again bank card or a technique to increase your Final Rewards incomes and are questioning which of those two choices to pursue, hold studying to see how they evaluate.
Essential particulars
| Options | Chase Freedom Flex | Chase Freedom Limitless |
|---|---|---|
| Welcome bonus | $200 bonus once you spend $500 inside 3 months of account opening (awarded as 20,000 Final Rewards factors) | Earn an additional 1.5% again on all purchases for first yr (on as much as $20,000 in purchases) — price as much as $300 (all rewards awarded as Final Rewards factors) |
| Rewards price |
|
|
| Intro APR | 0% intro APR on purchases and steadiness transfers for 15 months, adopted by a variable APR of 20.49% to 29.24% | 0% intro APR on purchases and steadiness transfers for 15 months, adopted by a variable APR of 20.49% to 29.24% |
| Annual charge | $0 | $0 |
Chase Freedom Flex vs. Chase Freedom Limitless highlights
Each of those money again bank cards may be rewarding in their very own proper, however the correct one for you depends upon your spending habits and rewards targets. The next part highlights how these two playing cards evaluate in a few of the most necessary classes.
Welcome bonus winner
Rewards price winner
Journey perks winner
Which card earns essentially the most?
The cardboard that may provide help to earn essentially the most money again actually depends upon how a lot you spend every month and which classes you spend essentially the most in. The next instance reveals the way you may find yourself with extra rewards with one in every of these playing cards over the opposite.
Chase Freedom Flex vs. Chase Freedom Limitless spending instance
Think about you utilize your bank card for your whole common spending and family payments. You additionally use your bank card to make the most of the Chase Freedom Flex bonus classes every quarter. Say that, this quarter, the eligible classes are Goal, grocery shops (excluding Walmart) and health membership and gymnasium memberships.
So, let’s say you spend the next:
- $500 per thirty days on grocery retailer purchases ($1,500 quarterly complete)
- $250 per thirty days on eating at eating places ($750 quarterly complete)+
- $800 per thirty days on miscellaneous bills ($2,400 quarterly complete)
With the Chase Freedom Flex, you’d earn $121.50 in rewards over three months. That’s $75 in rewards for grocery retailer purchases, $22.50 in rewards on eating at eating places and $24 on rewards for miscellaneous spending.
As compared, with the Chase Freedom Limitless, you’d solely earn $81 in rewards over three months. That’s $22.50 in rewards for grocery retailer purchases, $22.50 in rewards on eating at eating places and $36 in rewards on miscellaneous purchases.
This instance reveals how your spending and rewards may look in 1 / 4 the place you max out the Chase Freedom Flex quarterly bonus class. You must be mindful, nonetheless, that issues may look in another way in quarters the place the bonus class doesn’t align properly along with your spending. In that case, you’ll probably earn 1 p.c again on most purchases. So, in the event you spend much more on common, non-bonus purchases, or don’t anticipate maxing out any bonus classes every quarter, the Chase Freedom Limitless’s 1.5 p.c again on common purchases is probably going the higher selection.
Why do you have to get Chase Freedom Flex?
Just like the title says, Chase Freedom Flex is nice for these on the lookout for flexibility of their spending. Listed below are a few of the causes you must think about signing up.
Extra advantages
Chase Freedom Flex is a World Elite Mastercard, so it comes with a handful of distinctive advantages in comparison with the outdated Chase Freedom card that was a Visa. Chase Freedom Flex advantages embody buy safety in opposition to injury or theft, prolonged warranties on qualifying gadgets, journey cancellation and interruption insurance coverage, an auto rental collision injury waiver and journey and emergency help companies.
You’ll additionally get cellphone safety once you pay your telephone invoice along with your bank card, in addition to different World Elite Mastercard advantages, together with unique gives for ridesharing, meals supply and on-line procuring, amongst others.
Redemption choices
This card allows you to redeem your rewards for money again, merchandise, journey by Chase Final Rewards, present playing cards and extra. For superior redemption choices, think about pairing this card with a Chase journey bank card just like the Chase Sapphire Most popular or Chase Sapphire Reserve®. Doing so permits you to mix all of your rewards below that journey card, which supplies you the choice to switch rewards to a Chase journey associate — a redemption choice that doubtlessly yields the best worth.
Really useful credit score rating
You want good credit score or higher to qualify for this rewards bank card, which usually means having a FICO rating of 670 or larger.
Why do you have to get Chase Freedom Limitless?
Chase Freedom Limitless comes with some fairly hefty perks for a no-annual-fee bank card. Listed below are a few of the causes you must think about signing up.
Extra advantages
Like Chase Freedom Flex, Chase Freedom Limitless advantages embody buy safety, prolonged warranties, journey cancellation and interruption insurance coverage (a improbable deal for a card with no annual charge), an auto rental collision injury waiver, journey and emergency help companies and extra.
Redemption choices
With Chase Freedom Limitless, you possibly can redeem for money again, present playing cards, merchandise and journey by Chase Final Rewards. As talked about with Freedom Flex, when you’ve got a premier journey bank card (just like the Chase Sapphire Most popular or Chase Sapphire Reserve), you may get much more worth to your rewards once you use factors to ebook with Chase or by transferring factors to widespread Chase Final Rewards airline and lodge companions.
Really useful credit score rating
You want good credit score or higher to qualify for this rewards bank card, which usually means having a FICO rating of 670 or larger.
choose between Chase Freedom Flex and Chase Freedom Limitless
Selecting between the Chase Freedom Flex and Chase Freedom Limitless cardsmight boil down to at least one query: Which is extra necessary to you: Maximizing your rewards with somewhat effort or having a hassle-free technique to earn money again?
Why you may select the Chase Freedom Flex card
When you’ve got the time and talent to handle its rewards classes, the Chase Freedom Flex could also be price it because it offers you the chance to earn rewards at the next price over time.
The 5 p.c money again price is likely one of the highest yields within the market, however it should require savvy planning to max out every quarterly bonus class. It could additionally rely upon how properly your spending habits align with the quarterly bonuses and the way a lot effort you’re keen to place into planning your purchases.
Why you may select the Chase Freedom Limitless card
The Chase Freedom Limitless could also be price it in the event you’re on the lookout for a easy rewards card for on a regular basis spending that gives a beneficiant rewards price on all purchases.
Total, it might not offer you the best potential for rewards, however it’s a very good match for these on the lookout for a better-than-average rewards return with out all of the fuss.
The underside line
Make sure that to take a more in-depth have a look at each the Chase Freedom Flex and Chase Freedom Limitless playing cards and hold your spending habits in thoughts. Then, determine whether or not you need to deal with maximizing bonus classes or incomes the next rewards price on all common purchases. Additionally, take the time to match different bank cards available on the market right now, together with different Chase bank cards. With a little analysis, you’ll discover the cardboard that’s best for you and be incomes rewards very quickly.
*The details about the Chase Freedom Flex℠ has been collected independently by Bankrate.com. The cardboard particulars haven’t been reviewed or accepted by the cardboard issuer.
