Chase announces new Freedom Flex bank card, plus additions to Chase Freedom Unlimited

Chase’s currently popular lineup of credit cards have a lot larger on Monday, as the issuer announced the launch of its new Chase Freedom Flex card, which will be for sale for uses beginning September 15.

The brand new no-annual-fee money back Mastercard fuses a set of rotating added bonus groups with an extra trio of fixed bonus classes: five % cash back on traveling acquired through Chase Ultimate Rewards, three % cash back on dining (including delivery and takeout) as well as three % cash back from drug stores.

Card holders will even generate five % money back on up to $1,500 of purchases in bonus categories which spin each quarter. This is the same to the issuer’s existing Chase Freedom flash card, that has just recently showcased classes like gasoline, groceries, and purchases at Amazon in its rotation. As with the Chase Freedom, the turning groups on the Chase Freedom Flex should be stimulated each and every quarter.

In addition to earning 1 % cash back on any other purchases, the Chase Freedom Flex will even earn five % cash back on Lyft drives through March 2022. Additionally, card holders can purchase a free of charge three-month DashPass membership, which is a membership service which provides unrestricted deliveries for absolutely no delivery fee on DoorDash orders more than twelve dolars (other fees could apply). Immediately after the complimentary three month time, card holders are automatically enrolled in DashPass at 50 % off for the following nine months.

Cell phone safety is actually an additional aspect of the new Chase Freedom Flex, as part of the card’s package of World Elite Mastercard benefits. The coverage delivers up to $800 a claim and $1,000 per season from discussed theft or harm whenever the card is used to pay the card holder’s month mobile phone expenditure, with a fifty dolars deductible per claim and a maximum of two boasts in a 12-month period.

Some other World Elite Mastercard rewards that’re part of the Freedom Flex flash card include a ten dolars credit for every five Lyft trips taken to a calendar month, 5 % incentives during Boxed for use on future purchases, a free ShopRunner membership for two day shipping and free return shipping for over hundred online stores, and also double VIP+ areas for movie tickets purchased through the Fandango app or even Fandango.com.

Finally, new card places are able to generate a $200 sign up bonus on the Chase Freedom Flex when investing $500 on buying of the first three months after opening the bank account, and will in addition generate five % cash back on grocery store purchases (not including Target or Walmart) on up to $12,000 invested in the first year after opening the bank account.

Chase Freedom Unlimited additional features Also on September fifteen, the identical Freedom Flex trio of corrected added bonus categories will be added to the existing Chase Freedom Unlimited credit card, that also has no annual price. This means the Freedom Unlimited will get five % on traveling purchases made via Ultimate Rewards, 3 % on dining, three % at drug stores as well as 1.5 % money back on any other purchases. Each of those brand new and present Freedom Unlimited card places will get these new classes.

Unlike the Chase Freedom Flex, the Freedom Unlimited will remain to be issued as a Visa card, and will therefore not get the new mobile phone protection of the Freedom Flex or perhaps any of the various other World Elite Mastercard benefits.

However, brand new Chase Freedom Unlimited card slots may also make a $200 sign up bonus by spending $500 in buying of the initial three weeks after opening the account, plus five % cash back on supermarket purchases (not including Target or Walmart) on up to $12,000 invested in the first 12 months after opening the bank account.

Benefits and rewards of the Freedom Flex as well as Freedom Unlimited cards Cash back acquired with possibly the Chase Freedom Flex or maybe the Chase Freedom Unlimited is actually given in the form of Ultimate Rewards points, that may be redeemed for gift cards, travel bookings, money as a deposit or maybe declaration credit or for purchases made by Chase’s shopping partners such as Apple and Amazon. Money back doesn’t expire so long as your bank account is actually open.

Chase Freedom Unlimited card holders who also have either the Chase Sapphire Preferred Card or even Chase Sapphire Reserve have lengthy had the option to implement the higher end capabilities of their Sapphire card to Ultimate Rewards points earned from some other Chase cards by merging the points earned across almost all the cards of theirs together. Meaning the cash back points earned with the Chase Freedom Unlimited can be redeemed for traveling via Ultimate Rewards during a much better redemption rate or even transferred to Chase’s air carrier and hotel partners when coupled with possibly Sapphire flash memory card.

The new Chase Freedom Flex will even generate cash back in the kind of Ultimate Rewards points, and Chase has verified that the issues will operate in the exact same fashion, meaning buyers with a Sapphire Preferred or perhaps Sapphire Reserve can combine the Freedom Flex points of theirs with their Sapphire card to have greater value for them.

Both the Freedom Flex and Freedom Unlimited have the exact same safety benefits. They consist of extended warranty security, which expands the US manufacturer’s warrantee on any goods purchased with the card by an extra 12 months on qualified warranties of 3 years or a lot less often, as well as get protection, that covers brand new purchases for 120 days against theft or harm, up to $500 per claim and $50,000 a account.

You’ll additionally discover trip cancellation and interruption Insurance on the two cards, that will reimburse you for pre paid, nonrefundable passenger fares if your getaway is canceled or cut short by sickness, weather that is severe and other covered situations. The coverage on both card is up to $1,500 a person and $6,000 a trip.

And both cards provide an auto rental collision damage waiver, and that has theft and collision damage coverage for many cars rented in the US and abroad when you decline the rental company’s collision insurance and charge the full rented expense to the card of yours. In the US, coverage is actually secondary to the personal insurance of yours.