Chase
Chase Freedom Flex
Chase Freedom Flex costs No annual fee and earns up to 3× on dining. It also carries $40 of statement credits a year, which is where a lot of its real value sits. Everything below comes from the card catalog we check against issuer terms, with the arithmetic spelled out.
Enter a typical month of spending to see what the Chase Freedom Flex returns after its fee next to three cards it is usually compared with, then take those numbers to the full credit card rewards calculator to weigh up everything else in your wallet. No signup, and it runs in your browser.
- Annual fee
- No annual fee
- Best earn rate
- 3× dining
- Points value
- 2.05¢ a point
- Used when you transfer to a travel partner. Cash back is worth 1¢.
- Welcome bonus
- $250
- Credits a year
- $40
- What the calculator counts, after discounts for perks most people do not use in full.
- Foreign transaction fee
- none
What the Chase Freedom Flex earns
- Caps at 1500× Quarterly (listed at 5×).
- The bonus category rotates, so the rate moves each quarter.
Hotels and rental cars through the issuer's travel site
5×
Only through the issuer's portal
Dining
3×
Drugstores
3×
Lyft
2×
| Category | Rate | Conditions |
|---|---|---|
| Hotels and rental cars through the issuer's travel site | 5× | Only through the issuer's portal |
| Dining | 3× | |
| Drugstores | 3× | |
| Lyft | 2× |
Rates checked with the issuer in October 2026. Spending outside these categories earns 1×. Confirm current terms with the issuer before you apply.
Is the Chase Freedom Flex right for you?
Enter a typical month. You will see what the Chase Freedom Flex returns after its annual fee, next to three cards it is usually compared with, and the full credit card rewards calculator weighs up everything else you spend.
Estimated rewards per year, after the annual fee
Chase Sapphire Preferred Top for your numbers
3× dining, 3× gas; 1× everything else. $95 annual fee.
Rewards $836 · Fee −$95
+$741
3× dining, 3× drugstores; 1× everything else. No annual fee.
Rewards $740 · No annual fee
+$740
+$376
4× travel booked direct, 3× dining; 1× everything else. $795 annual fee.
Rewards $822 · Fee −$795
+$27
How we estimate
- Every rate on this page comes from the card catalog. Chase Freedom Flex pays 1× on spending outside the bonus categories listed above, and up to 3× on dining.
- We value this card's points at 2.05¢ each. Cash back is valued at 1¢.
- Net is a year of rewards minus the annual fee. Credits count only when you tick the box.
- Welcome bonuses are left out of the tool so the numbers read as an ordinary year.
- Rent is not in the boxes: most landlords charge a fee that cancels out the rewards, and only a few cards earn on rent at all. Add rent in the full calculator, where those rules are modelled.
- Travel-portal bookings are not in the boxes, because portal prices differ from booking direct. The portal rates are in the table above.
- Rates checked with issuers in October 2026. Terms change, so confirm with the issuer before you apply. Educational estimate, not financial advice.
One category doesn’t pick a wallet. Add the rest of your monthly spending to see which cards win across everything, fees included.
Find your best wallet for all your spending →{"focus":"","inputs":[{"key":"dining","prefill":"dining","noun":"dining"},{"key":"groceries","prefill":"groceries","noun":"groceries"},{"key":"gas","prefill":"gas","noun":"gas"},{"key":"transit","prefill":"transit","noun":"transit"},{"key":"streaming","prefill":"streaming","noun":"streaming"},{"key":"drugstores","prefill":"drugstores","noun":"drugstores"},{"key":"travel","prefill":"airfare","noun":"travel"},{"key":"other","prefill":"other","noun":"everyday spending"}],"path":"/credit-card-rewards-calculator","picks":[{"key":"chase-freedom-flex","name":"Chase Freedom Flex","fee":0,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["drugstores"],"rate":3}],"credits":40},{"key":"chase-sapphire-preferred","name":"Chase Sapphire Preferred","fee":95,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["gas"],"rate":3},{"inputs":["streaming"],"rate":3},{"inputs":["travel"],"rate":2}],"credits":120},{"key":"chase-sapphire-reserve","name":"Chase Sapphire Reserve","fee":795,"cpp":0.020499999999999997,"base":1,"earn":[{"inputs":["dining"],"rate":3},{"inputs":["travel"],"rate":4}],"credits":670},{"key":"bank-of-america-travel-rewards","name":"Bank of America Travel Rewards","fee":0,"cpp":0.01,"base":1.5}]}What comes with it
Welcome bonus
$250
Points and partners
Chase Ultimate Rewards
Transferable to airline and hotel partners.
Credits and perks
| Credit | Sticker value | Counted |
|---|---|---|
| DoorDash promos $10 off one non-restaurant DoorDash order each calendar quarter through 12/31/2027 while DashPass is active, so the published cap is $40 a year. The 6-month DashPass membership itself is not counted as cash. | $40 | $40 |
Sticker value is the full face amount. Counted is what the calculator credits, which is lower where most people do not use the perk in full.
Where this data came from
Checked creditcards.chase.com 2026-10-05. $250 bonus after $500 in 3 months, a limited-time offer. $0 annual fee. 5% on rotating categories up to $1,500 a quarter after activation; 5% Chase Travel; 3% dining including takeout and delivery and 3% drugstores; 1% other. Chase removed the foreign transaction fee on 2026-09-21, so purchases abroad now earn the normal rate with no fee. 2% on Lyft through 9/30/2027. Current quarter (Oct-Dec 2026) is grocery stores excluding Walmart and Target, dining, and the American Red Cross; Jan-Mar 2027 adds top streaming services. Six months of DashPass when activated by 12/31/2027 plus $10 off one non-restaurant DoorDash order each quarter.
FAQ
The Chase Freedom Flex has no annual fee, so the only thing that matters is what it earns. Its best rate is 3× on dining.
3× on dining, and 1× on spending outside its bonus categories.
It depends on your mix, not the card. Earning back $0 means about $0 a month on dining, where it earns 4.1¢ more per dollar than the base rate. Credits and the welcome bonus can cover the rest. It also carries $40 of credits we can count, but only count them if you would spend that money anyway. Run your own numbers in the calculator above to see where it lands against the rest of the catalog.
The listed welcome offer is $250, and offers at these cards change often, so confirm the current terms and the spending requirement with the issuer before you apply.
Yes. It earns Chase Ultimate Rewards, which you can transfer to the partners below. Transfers are what make a 2.05¢ valuation reachable; using the points for cash back is worth far less.
No. The Chase Freedom Flex charges no foreign transaction fee, so spending abroad earns at the same rate as at home, minus what the merchant adds.