Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.
From Oct. 1 through Dec. 31, 2020, both cards will earn 5% cash back on up to $1,500 in combined spending on:
Cardholders must activate the categories online to receive 5% cash back. To qualify, you must activate by the 15th day of the last month of the quarter.
For the Chase Freedom®, all other purchases will earn 1% back. For the Chase Freedom Flex℠, you'll also earn:
5% back on travel purchased through Chase Ultimate Rewards®.
3% back at restaurants.
3% back at drugstores.
1% back on all other non-bonus-category purchases.
Chase Freedom® and Chase Freedom Flex℠* bonus rewards categories for 2020
Q1 (Jan. 1 - March 31)
• Gas stations. • Select streaming services. • Internet, cable and phone services.
Q2 (April 1 - June 30)
• Grocery stores. • Gym memberships and fitness clubs. • Select streaming services.
Q3 (July 1 – Sept. 30)
• Amazon.com. • Whole Foods Market.
Q4 (Oct. 1 – Dec. 31)
• Walmart. • PayPal.
*The Chase Freedom Flex℠ was introduced in mid-September 2020, so the first bonus categories that apply to the card for a full quarter are those for Q4.
The Chase Freedom Flex℠ began accepting applications in mid-September 2020. The Chase Freedom®, on the other hand, is no longer accepting applications, but existing cardholders can continue to use it and earn rewards as before.
Both cards will have the same 5% quarterly categories.
PayPal has been a familiar category for the Chase Freedom® in recent years, having appeared on the card's bonus calendar in both 2018 and 2019. (In 2019, it was also featured in the fourth quarter.)
Walmart, on the other hand, hasn't been a 5% bonus category for the card since 2017.
Information related to the Chase Freedom® has been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.