Chase is now revamping their Freedom line up with some pretty awesome new categories. The changes are effective Sep 15th. It includes adding 5% on travel purchased through Chase Ultimate Rewards, 3% on on dining at restaurants, including takeout and eligible delivery services and 3% on on drugstore purchases.

Chase adding this to no-fee card is huge, probably due to lower demand on Annual Fee cards?

Chase Freedom Flex Changes – Sep 15th

Chase Freedom card be known as Freedom Flex. Freedom Unlimited will retain its name as before. The Freedom Flex card will be a Mastercard, no longer Visa card.

  • 5% on Bonus Quarterly Categories – Each quarter they activate, cardmembers will receive 5% cash back on up to $1,500 in combined purchases on bonus categories such as grocery stores, select streaming services and many others.
  • 5% on Travel purchased through Chase Ultimate Rewards, including vacation and car rentals.
  • 3% on Dining purchases, including take out or eligible delivery services.
  • 3% on Drugstore purchases on daily essentials like medicine, toiletries, diapers and other items.
  • 1% unlimited cash back on all other purchases.

Freedom Flex cardmembers will receive Mastercard’s leading World Elite Benefits including:

  • Cell Phone Insurance – Up to $800 per claim and $1,000 per year in cell phone protection against theft or damage for phones listed on cardmembers’ monthly bill.
  • Lyft – $10 in credit for every five rides taken in a calendar month, automatically applied to the next ride and capped at once per month.
  • Boxed – 5% cash rewards on Boxed purchases for use on future purchases.
  • ShopRunner – Free membership to receive two-day shipping and free return shipping at over a hundred online retailers.
  • Fandango – Double VIP+ points for movie tickets purchased via the Fandango app or Fandango.com, which can be used towards purchasing movie tickets on Fandango or towards streaming movies and TV shows on FandangoNOW.

Chase Freedom Unlimited Changes – Sep 15th

The Freedom Unlimited will remain Visa.

  • 5% on Travel purchased through Chase Ultimate Rewards, including vacation and car rentals.
  • 3% on Dining purchases, including take out or eligible delivery services.
  • 3% on Drugstore purchases on daily essentials like medicine, toiletries, diapers and other items.
  • 1.5% unlimited cash back on all other purchases.

Along with these benefits, New Freedom Flex and Unlimited cardmembers will receive $200 cashback after spending $500 on purchases in the first three months, plus 5% cashback on grocery store purchases for the first year (on up to $12,000).

Key Questions FAQ

Can I have two Chase Freedom Flexservice markSM credit cards?

No, you cannot have two or more Chase Freedom Flexservice markSM credit cards.

Can you have Chase Freedom® and Chase Freedom Flexservice markSM?

Yes, you can have both the Chase Freedom Flexservice markSM and Chase Freedom® credit cards.

Can you have Chase Freedom Unlimited® and Chase Freedom Flexservice markSM?

Yes, you can have both the Chase Freedom Flexservice markSM and Chase Freedom Unlimited® credit cards.

Can I convert my Freedom to Freedom Flex?

Yes, you can do product change by calling Chase. But you will lose the Visa logo, which means cannot use at Costco. But the Freedom Unlimited 1.5% is the better option.

Will my existing Chase Freedom Unlimited have these benefits?

Existing Freedom Unlimited cardholders will automatically get access to the new categories on September 15, 2020. No need to product change.

 

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