Chase has discontinued the Chase Freedom for new customers and now has a card called the Chase Freedom Flex. You will have 5% cash back categories each quarter just like the old Chase Freedom, but they have added benefits to the new card. Please use my link to sign up if you are interested. The link also shows the Chase Freedom Unlimited card. Make sure you choose the Chase Freedom Flex.
You will receive 20,000 points after spending $500 in the first 3 months. Chase Freedom Flex does not have an annual fee. You are allowed to open this card even if you already have the Chase Freedom card. Always remember cash back is worth 1 cent per point. You can transfer points to Chase travel cards to make the points worth more. Chase travel points are worth on average 2 cents per point. This would make 20,000 points worth $400. There are three Chase cards where you can move the points to that would make them travel points. Chase Sapphire Reserve, Chase Sapphire Preferred and Chase Ink Business Preferred.
Benefits
- Earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
- 5% Quarterly Bonus: Earn 5% on up to $1,500 in combined purchases in BONUS CATEGORIES each quarter you activate.
- 5% on TRAVEL purchased through Chase Ultimate Rewards.
- 3% on DINING at restaurants, including takeout and eligible delivery services.
- 3% on DRUGSTORE purchases.
- 1% cash back on all other purchases.
- 0% Intro APR for 15 months from account opening on purchases.
If you currently have the Chase Freedom then you will have $3,000 to spend on quarterly bonuses by opening the Chase Freedom Flex instead of $1,500 each quarter.
- Please do not open credit cards if you do not pay them off each month.
- Try not to have more than 5 hard pulls on your credit every 2 years.
- Do not close cards that do not have an annual fee. You want to keep your credit history long.
- If you are having problems paying off credit cards then contact me and I will find the right card for you.
