When it comes to no annual fee credit cardnothing is better than the Chase couple Chase Freedom Flex® And Chase Freedom Unlimited®. Both have valuable welcome offers, with the potential to take home tons of cash.
Both the Freedom Flex and Freedom Unlimited cards offer great rewards No annual feeEven better, they offer the flexibility to earn cash back or fully transferable Ultimate Rewards points when combined with other Chase products, such as Chase Sapphire Preferred® Card.
Let’s dig deeper into these offers and see if they’re any good.
Chase Freedom Unlimited Welcome Offer
Welcome Welcome
With the present Chase Unlimited Freedom With this offer, you’ll get an additional 1.5% cash back on all purchases up to $20,000 in the first year, meaning you’ll get up to $300 cash back.
Income ratio
- 5% cashback when booking travel through Chase℠ Travel
- 3% cash back eat and drink
- 3% cashback at pharmacies
- 1.5% cash back on everything else
This is a solid earning potential, but you should do the math to see if another card (like the Freedom Flex) makes more sense.
Related: Chase Freedom Unlimited Review
Chase Freedom Flex Welcome Offer
Sign up bonus
With Chase Freedom FlexYou will earn $200 back after spending $500 in the first three months.
Income ratio
- 5% cash back on first $1,500 spent Rotate categories quarterly (activation required)
- 5% cash back on travel booked through Chase Travel
- 3% cashback on dining
- 3% cashback on pharmacy purchases
- 1% cash back on all other purchases
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That’s an impressive list of monetization categories for any card, let alone a no annual fee credit card.
Related: Chase Freedom Flex Review
Combine points for higher value
However, what really makes these two cards powerful is their ability to combine with other cards.
If you have another Chase card that earns transferable Ultimate Rewards points, such as the Chase Sapphire Preferred, Chase Sapphire Reserve® or Ink Business Preferred® Credit CardYou can combine points from your Freedom Unlimited or Freedom Flex. This increases your redemption value for travel through the Chase portal to 1.25 cents per point on the Sapphire Preferred or 1.5 cents per point on the Sapphire Reserve.
However, it also unlocks the ability to transfer your points at a 1:1 ratio to Ultimate Rewards airline and hotel partners — includes valuable programs such as British Airways Executive Club, Air France-KLM Fly Blue, Air Canada Aeroplan And World of Hyatt. In this scenario, TPG August 2024 valuation Set Chase points at 2.05 cents each, so your rewards have significantly more flexible when used this way.
However, it’s important to note that both Freedom Unlimited and Freedom Flex apply foreign transaction fees, so they’re not suitable for use outside the US. Additionally, you’ll want to make sure you’re compliant. Chase’s 5/24 Rule with other issuers application restrictions before applying. You would hate to waste a difficult request on your credit report but not approved.
The last line
If you currently own a Sapphire Preferred or Sapphire Reserve card and don’t have a Chase Freedom card, now might be the perfect time to get one of these cards.
Both Unlimited freedom And Flex Freedom Well worth considering, especially if you can make the most of the rotating quarterly bonus categories in the latter.
Apply here: Chase Unlimited Freedom
Apply here: Chase Freedom Flex
