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About Chase Freedom Flex Card Offer
Chase is currently offering new cardholders a $200 cash-back
bonus on the Chase Freedom Flex® card. To earn it, you simply need to
spend $500 within the first three months of account opening. That
qualifies you for 20,000 Chase Ultimate Rewards® points, redeemable as
$200 cash back.
Quick Overview
- Welcome
Bonus: $200 cash back after $500 spent in the first 3 months.
- No
Annual Fee: You keep more of your rewards since there’s no yearly
cost.
- Rewards
Structure:
- 5%
cash back on up to $1,500 per quarter in rotating bonus
categories (requires activation).
- 5%
cash back on travel booked through Chase Travel℠.
- 3%
cash back on dining (including takeout/delivery) and drugstores.
- 1%
cash back on all other purchases.
- Intro
APR: Enjoy 0% APR for 15 months on new purchases and balance
transfers, then variable APR applies.
- Perks:
Additional benefits like cell phone protection, extended warranties, and
travel insurance.
Direct Link To Offer
Why This Matters to Consumers
- That
$200 bonus equals a 40% return on $500 spent—pretty solid for a
card with no fee.
- When
grouped with other Chase Ultimate Rewards cards (like Sapphire), you can transfer
points to travel partners for more value.
Is This a Profitable Offer ?
Yes, it’s generally profitable—especially if:
- You
were already planning to spend about $500 in the next few months.
- You
can reliably activate and leverage the rotating categories to earn 5%
back.
- You
pay your balance in full each month to avoid interest and fees.
- You
can maximize points by pairing with another Chase Ultimate Rewards-earning
card.
Potential downsides to watch out for:
- The
rotating categories only apply to $1,500 each quarter—spending beyond that
reverts to just 1%.
- Foreign
transaction fees make this a less ideal card for international use.
- Chase’s
5/24 rule may limit your ability to be approved if you've opened
many cards recently.
Review
For consumers with good-to-excellent credit who want a versatile,
no-fee cash-back card, the Chase Freedom Flex® with its $200
sign-up bonus is a smart and profitable choice—especially if you
maximize those rotating quarterly categories and avoid carrying a balance.