Chase · Mastercard
Chase Freedom Flex
Optimizers willing to activate quarterly 5x categories
No annual fee up to $40/yr in credits if you use them
Why people consider it
- 5x on Rotating.
- 3x on Dining.
- 3x on Drugstore.
Elevated welcome offer
Above the recent 20,000 offer (about $200)
Current: 25,000 points
Recent typical offer: 20,000 points
Current offer is 25% higher than recent typical offers.
Welcome offer: 25,000 points= $250
Requirement: Spend $500 in 3 months
Tell us what you normally spend and we’ll check it against this requirement. Find a card →
Current offer shown; issuer determines eligibility.
Details: $250 cash back (25,000 points) after $500 spend in 3 months — limited-time with the 2026-09-22 card refresh, no published end date. Verified on the issuer page 2026-10-06.
Recommended credit score: 670+
Advertising disclosure: we may earn a commission if you apply through this link. This does not affect your ranking. Full disclosure
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Is this card worth it?
Ongoing value
$677/year
for the sample household ($4,800/month) · points at typical value
First-year value
$927 first year
Includes: +$250 welcome offer
$250 is one-time. $677/year is ongoing.
To earn the bonus: spend $500 in 3 months.
Offer verified: Nov 4, 2026
Worth considering if you already want this type of card.
- Full annual fee:
- none
- Major trade-offs:
- Must activate quarterly $1,500 cap on 5% categories
- Against a no-fee alternative:
- This is a no-fee card — nothing to earn back.
Detailed research
Full reward table and category caps
Quarterly categories (up to $1,500/qtr)
Cap: $6,000/yr
Via Chase Travel
Restaurants
Drugstores
Optional benefits and credits
Credits — if you use them
$10 off one non-restaurant DoorDash order each quarter through 2029-12-31 — requires DashPass activation (6 months complimentary)
Perks (not counted in our math)
Approval and bonus eligibility caveats
Recommended credit score: 670+ — the issuer decides every application.
Issuer verification source
Rates and fees may vary.See current rates, fees, and terms on Chase's site
Detailed methodology
Net annual value = rewards on a spending profile at typical point value − the full annual fee; credits count only if you tell us you use them; a welcome offer counts once, in year one, only where the profile meets its requirement. Same math as Find a Card. Methodology v2026.09.4.
Editorial review and disclosures
Pros
- + No annual fee
- + 5% rotating categories
- + Points transfer to Sapphire
Cons
- - Must activate quarterly
- - $1,500 cap on 5% categories
- - 5/24 rule applies
Written by Tim · Data verified against issuer terms · Last checked Nov 4, 2026 · Methodology v2026.09.4
Card information is collected independently and has not been reviewed or provided by the card issuer. Terms apply to the offers listed on this page. See our disclosure for details.