8 benefits of Chase Freedom Flex and Chase Freedom Unlimited
With either card you will gain value and flexibility Hunt the Ultimate Rewards® points that are worth a penny each when you exchange them for cash. The main difference is how you accumulate these points based on spending.
Here are the advantages of Chase Freedom Flex℠ and the Chase Freedom Unlimited®.
Points to spend
the Chase Freedom Flex℠ earn 5% cash back on up to $ 1,500 in combined purchases in rotating bonus categories every quarter you activate. He also earns 5% on trips purchased through Chase, 3% on restaurant meals and drugstore purchases, and 1% on all other purchases.
the Chase Freedom Unlimited® earns 5% on trips purchased through Chase, 3% on restaurant meals and drugstore purchases, and 1.5% cash back on all other purchases.
Main difference? 5% of categories in quarterly rotation against an additional 0.5% on “everything else” expenses.
Several redemption options
The awards won on the Chase Freedom Flex℠ and the Chase Freedom Unlimited® can be redeemed for direct cash back – the most flexible reward of all – at the rate of one penny per point. You can use your earnings as a credit on your statement or choose direct deposit to most US chequing or savings accounts.
There is no minimum to redeem for cash back, so you can use your rewards whenever you want.
You can also redeem points for gift cards, travel, or Apple purchases through the Chase portal, or redeem them on Amazon.com to pay for all or part of your purchase. The value of points may vary depending on how you spend them.
Transfers to other Chase cards
Points transferred from either Freedom card to Chase Sapphire Preferred® Card are worth 25% more when redeemed for travel through the Chase Travel Portal. Points transferred to Chase Sapphire Reserve® are worth 50% more when used to travel this way.
Getting something extra for your spending is always nice, and these cards come with a bonus offer for new cardholders:
Chase Freedom Flex℠: Earn $ 200 bonus after spending $ 500 on purchases in the first 3 months after opening the account.
Chase Freedom Unlimited®: Earn $ 200 bonus after spending $ 500 on purchases in the first 3 months after opening the account.
0% introductory APR offer
When you need a little break from paying for a big purchase, a 0% introductory offer from TAP can help.
Chase Freedom Flex℠: Introductory APR of 0% on purchases for 15 months, then ongoing APR from 14.99% to 23.74% variable APR.
Chase Freedom Unlimited®: Introductory APR of 0% on purchases for 15 months, then ongoing APR from 14.99% to 23.74% variable APR.
Shopping / travel / fraud protection
the Chase Freedom Flex℠ and the Chase Freedom Unlimited® also provide benefits of peace of mind when using them to make a purchase or purchase travel services.
Purchase protection: Your new purchase is covered for 120 days against damage or theft up to $ 500 per claim and $ 50,000 per account.
Extended warranty protection: On qualifying warranties of three years or less, you’ll get an additional year of manufacturer warranty coverage.
Rental car insurance: Decline the rental company’s collision insurance and charge the full rental fee to your card. Coverage is provided for theft and collision damage for most cars in the United States and internationally. In the United States, coverage is secondary to your personal insurance.
Trip cancellation insurance: Get reimbursed for up to $ 1,500 per person and $ 6,000 per trip for prepaid, non-refundable passenger fares if your trip is canceled or shortened due to illness, extreme weather and other covered conditions .
Credit Score / Identity Theft: Access your credit score anytime and get free identity restoration services with the online account tool called Chase Credit Journey.
Visa or Mastercard advantages
the Chase Freedom Unlimited® operates on the Visa payment network, while the Chase Freedom Flex℠ is a Mastercard. In terms of acceptance, it doesn’t matter whether you have a Visa or a Mastercard.
But Visa and Mastercard offer different side benefits. Of particular interest to holders of the Chase Freedom Flex℠, which is a higher level World Elite Mastercard:
Cell Phone Protection: Get up to $ 800 per claim and $ 1,000 per year in covered cell phone theft or damage protection for phones shown on your monthly cell phone bill when you pay it with your Chase Freedom Flex℠. You can make a maximum of two claims in a 12 month period with a deductible of $ 50 per claim.
Discounts on services like Lyft, Boxed, Postmates, Shoprunner, Fandango and more.
Hotel benefits through the Luxury Hotel and Resorts Mastercard program.
Remember that you don’t necessarily have to choose between the Chase Freedom Flex℠or the Chase Freedom Unlimited®. If you have both, you can use them in tandem to increase your earning potential.
It is true that there are overlaps in some bonus categories, but you can look to the Chase Freedom Flex℠ to spend in 5% bonus categories and cell phone protection, and use the Chase Freedom Unlimited® for his 1.5% “everything else” rewards.