A cash back dream (& sign-up bonus worth $200)


Bottom Line

Deserves to be top of wallet for many cardholders due to some of the highest cash back rates for essentials like groceries and dining, a leading sign-up bonus, and no annual fee.


5% cash back ($1,500 spending cap for bonus categories each quarter you activate), 1% back on all else

Intro APR

Purchases: 0%, 15 months

Balance Transfers: N/A

Ongoing APR

14.99% – 23.74% Variable

Welcome Bonus

$200 after spending $500 in the first 3 months


  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Earn 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 – 23.74%.
  • No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.

Easy-to-earn $200 sign-up bonus: You only need to spend $500 on purchases in the first three months to receive this $200 bonus. With such a low spending minimum, it’s one of the easiest sign-up bonuses to get.

No annual fee: You can add the Chase Freedom Flex℠ to your wallet free of charge. You get excellent value from no-annual-fee cards that earn rewards because you get money back on your spending and the card itself doesn’t cost a dime.

0% intro APR: For the first 15 months, this card has a 0% APR on purchases. If you have a large expense coming up that you can’t pay for in full right away, the Chase Freedom Flex℠ gives you plenty of time to pay it off gradually.

Cell phone protection: When you pay your monthly cell phone bill with your Chase Freedom Flex℠, you’ll receive complimentary protection against covered theft or damage. There’s a $50 deductible per claim, and the coverage limits are $800 per claim, $1,000 per year, and up to two claims per 12-month period.

DoorDash benefits: As a cardholder, you can claim three months free with DashPash, DoorDash’s subscription service. You’ll get unlimited free deliveries on eligible orders over $12 using DoorDash and Caviar (other fees may apply). To qualify, you’ll need to activate the offer by Dec. 31, 2021. Note that after the free three months, you’ll be automatically enrolled in DashPash at 50% off for the next nine months unless you cancel it first.

This card is right for you if…