The Chase Freedom FlexSM Credit card (Review) is an incredible no annual fee card from Chase’s Freedom portfolio that will allow you to maximize your points thanks to its quarterly bonus categories.
Q2 2021 5x point categories have just been unveiled and registration has also been opened for the bonus categories for the next quarter. Note that the same bonus categories also apply to the Chase Freedom Card, which is no longer open to new applicants.
Why I love the Chase Freedom Flex Card
The Chase Freedom Flex Card is for sure one of the best no-annual fee cards as it offers 5x points in rotating quarterly categories for up to $ 1,500 per quarter. Most people use this as a cashback card, which means that the 5x points in these categories actually mean 5% cashback.
The card also has other bonus categories as it offers 3x points (or 3% cashback) in drugstores and while eating out.
The best part is that in conjunction with that Chase Sapphire Preferred® card (Review), Chase Sapphire Reserve® card (Review) or Ink Business Preferred® credit card (Review), points earned on this card can be converted into Ultimate Rewards points and transferred to the Ultimate Rewards airline and hotel partners.
Since I estimate an Ultimate Rewards point to be well over a dime, this is my preferred use of these points.
Chase Freedom Flex Q2 2021 bonus categories
In the second quarter of 2021, the Freedom Flex Card offers 5x points for the first $ 1,500 spent at gas stations and hardware stores. As far as due dates go:
- You must register between March 15 and June 15, 2021
- If you register, you will receive 5x points between April 1st and June 30th, 2021
How to register your Chase Freedom Flex card
Registration is easy – Simply go to the registration page and enter your last name, billing zip code and the last four digits on your cardand you will be registered.
What is in the Chase Freedom Flex Bonus Categories?
There is often confusion as to which purchases are eligible for the bonus categories. So let me summarize the definitions of Chase.
The petrol station category includes the following exclusions:
Dealers who do not specialize in selling car gasoline do not fall into this category. For example truck stops, marinas, oil and propane distributors and heating companies.
The DIY store category includes the following exclusions:
Dealers who sell a variety of general goods, including home improvement supplies, such as: B. warehouse clubs, discount stores or grocery stores do not belong to this category. Dealers specializing in home furnishings, gardening and landscaping items are also not included.
My take on Chase Freedom Flex Q2 2021 bonuses
The Chase Freedom Flex Bonus categories couldn’t be much less useful to me so far in 2021. The first quarter bonus categories were kind of useless to me, and now the second quarter bonus categories are:
- I don’t have a car at the moment and when I did it was electric so the gas specific category isn’t worth much to me
- I don’t remember the last time I went to a hardware store
Unfortunately, I’ll be putting socks on the Freedom Flex for the second quarter in a row.
On the plus side, I recognize that there aren’t any other popular cards that offer bonus points in hardware stores. So at least 5x points means a huge additional return compared to what you would normally get. In the meantime, earning 5x points temporarily for something like gasoline or food can only add one extra point per dollar compared to other cards.
Keep earning with the Q1 2021 bonus categories
If you have already registered (registration closed on March 14th), you can still earn 5x points in the bonus categories Q1 2021, which include wholesale clubs, internet, cable and telephone services and selected streaming services. The same quarterly limit of $ 1,500 applies.
How to make Chase Freedom Flex Points even more valuable
To recap: you earn points on the Chase Freedom Flexand each point can be redeemed for one cent cashback.
However, if you have this card in addition to one of the cards for which Ultimate Rewards points have been earned, you can transfer those points to Ultimate Rewards. The cards that are eligible for Ultimate Rewards cards include:
So 5% Cashback converted to 5x ultimate rewards Points per dollar with any of the above cards.
Chase Freedom Flex Bonus Summary
The Chase Freedom Flex is one of the best cards with no annual fee, mainly thanks to the ability to collect 5x points in changing quarterly categories.
Registration for the bonus categories for the second quarter of 2021 has just opened and offers 5x points at petrol stations and hardware stores. I’m sure some people will appreciate these bonus categories immensely, although personally I won’t get much value from them.
What do you think of the bonus categories for Chase Freedom Flex in Q2 2021?