Chase Freedom Flex
The Chase Freedom Flex from Chase has no annual fee. At $2,650 a month of typical household spending it pays about $495 a year after fees, $141 less than the Citi Double Cash, a flat 2% card.
Terms checked October 24, 2026. Net values use the spending mix of 1,229 U.S. households in the Bureau of Labor Statistics' Consumer Expenditure Interview Survey. This is an estimate, not financial advice.
What does the Chase Freedom Flex earn?
3x dining; 3x drugstore; 2x Lyft rides (2% total through 9/30/2027); 1x on everything else. 5% on rotating quarterly categories, up to $1,500 a quarter, from the quarterly calendar (assuming each quarter is activated).
Not counted in the numbers on this page:
- 5% on Chase Travel portal purchases
How much would it pay you a year?
This is the card's rewards minus its annual fee, at three spending levels, with spending split the way the survey households split theirs. Statement credits and sign-up bonuses are left out.
| Spending a month | Chase Freedom Flex | Citi Double Cash (2%) |
|---|---|---|
| $1,500 | $291 | $360 |
| $2,650 (the survey median) | $495 | $636 |
| $5,000 | $881 | $1,200 |
The mix is 30% everything else, 25% groceries, 16% phone and utilities, 13% dining, and smaller shares elsewhere. Your own split decides the real answer: add your statements to work it out on what you actually spent.
How did it do for real households?
We ran each of the 1,229 households in the 2024 survey through every card, on 12 straight months of their own spending. It would have been the best of 53 cards for under 1% of households, and paid more than the Citi Double Cash, a flat 2% card, for 2%. For the median household it paid $154 a year less than the flat 2% card.
The survey records spending categories but not merchants, so merchant bonuses and statement credits never count there, which favors flat cards. How we ran the household test.
Fees and sign-up bonus
- Annual fee: $0.
- Foreign transaction fee: none.
- Sign-up bonus: 25,000 points ($250 at 1¢ a point) after $500 of spending in 3 months. Offers change and can differ by applicant, so check the issuer's page.
Other benefits
- DoorDash DashPass: 6 months complimentary, activate by 12/31/2029
- Trip cancellation/interruption insurance: up to $1,500 per traveler, $6,000 per trip
- Auto rental collision damage waiver: secondary in the U.S.
- Purchase protection: up to $500 per item, 120 days
- Extended warranty: adds 1 year to warranties of 3 years or less
- DoorDash non-restaurant promo: $10 a quarter
Cards that pay about the same
At $2,650 a month, these pay closest to the Chase Freedom Flex:
- Amex Hilton Honors: $495 a year
- Wells Fargo Autograph: $491 a year
- Chase Sapphire Preferred: $488 a year
- Discover It: $485 a year
See what it would have paid you
Add your statementsFree, in your browser. Your statements are never uploaded.
PointMaxx runs a year of your own card statements against 53 U.S. cards, after annual fees, caps and the credits you'd really use. No statements on hand? The quick estimate asks seven questions instead.
Sources
- creditcards.chase.com/cash-back-credit-cards/freedom/flex
- financebuzz.com/landing-credit-card-chase-freedom-flex
- insideflyer.com/posts/chase-freedom-flex-drops-foreign-fees-loses-phone-coverage/
- awardwallet.com/news/credit-cards/chase-freedom-flex-removing-foreign-transaction-fees/
- Household spending: BLS Consumer Expenditure Surveys public-use microdata, 2024 Interview Survey.
See a wrong rate? Tell us. PointMaxx is not affiliated with or endorsed by Chase; the card's name is used only to say which card is meant.