The Chase Freedom Limitless® and the Chase Freedom Flex℠ are no-annual-fee rewards bank cards that supply wonderful cash-back rewards charges throughout a handful of spending classes. Their reward charges are akin to dearer, premium bank cards and cardholders needn’t fear about factors, miles or sophisticated redemption processes.

The Chase Freedom Flex has a better ceiling than the Freedom Limitless, as it’ll web most individuals extra rewards. However the Freedom Flex does require just a little bit of labor to activate the quarterly rewards classes and take note of what you are shopping for. However, the Freedom Limitless has a better flooring with its 1.5% cash-back charge on non-bonus-category spending, and does not require handbook intervention to maximize your rewards.

To find out which is finest for you, we have laid out the principle variations and benefits of every under.

Annual charges

Winner: Tie

Neither card fees an annual price, which makes each reward you earn added worth. Whereas playing cards with $95 – $500 annual charges supply extra rewards and perks, they require a certain quantity of spending to make them value it. That may put shoppers in a difficult spot if their spending habits or budgets change.

It is also value noting many playing cards with no annual price do not supply as excessive of rewards charges — nor so many rewards classes. Each of those playing cards punch above their weight. 

Welcome bonuses

Winner: Chase Freedom Flex

The Chase Freedom Flex’s welcome bonus is considerably simpler to earn than the Freedom Limitless’s, although there is a tradeoff: The Limitless’s welcome bonus latter’s could possibly be value as much as $100 extra.

• Chase Freedom Flex: Earn a $200 bonus after you spend $500 on purchases in your first three months from account opening.
• Chase Freedom Limitless: Earn a further 1.5% money again on all the pieces you purchase on as much as $20,000 spent within the first 12 months.

Whereas $300 is considerably greater than the Flex’s $200, you’d must spend $20,000 to earn it. For the Flex’s $200, you solely must spend $500. That makes the return on funding a lot better with the Flex. Nonetheless, for those who’re planning on spending $20,000 yearly on one card, the $300 merely will get paid out over time.

Rewards

Winner: Chase Freedom Limitless

Some widespread 5% quarterly reward classes for the Chase Freedom Flex embrace Walmart and PayPal, gasoline stations, choose streaming companies and grocery shops. Any given 12 months, you’ll be able to moderately anticipate every to look for one quarter. Due to the spending cap, your rewards on the rotating class max out at $75 every quarter earlier than the rewards charge drops again right down to 1%. However it’s worthwhile to bear in mind to activate the bonus class each quarter to make sure you’re incomes the 5% money again. 

For some folks, the the Chase Freedom Limitless nonetheless could make sense: The additional half-percent of rewards on non-bonus-category spending is constant and may actually add up over time. All of it relies on your spending habits.

Ease of Use

Winner: Chase Freedom Limitless

To take full benefit of the Chase Freedom Flex, it’s a must to manually activate the quarterly rotating class out of your account 4 occasions per 12 months. You may additionally need to take note of the bonus class because it adjustments. 

The Chase Freedom Limitless does not require intervention, nonetheless. You continue to get the excessive journey, eating and drugstore charges, plus a no-nonsense 1.5% on non-category spending. You should use your card all year long realizing what you are incomes.

Potential Upside

Winner: Chase Freedom Flex

Whereas the rotating quarterly bonus class requires some work and a spotlight, it is typically value it. It presents a further $75 per quarter of worth over the Chase Freedom Limitless, and $300 yearly. This outshines the potential edge the Freedom Limitless’s welcome bonus presents, as properly. It could require loads of base-rate spending for the Chase Freedom Limitless’s additional half-percent of rewards to make up that distinction.

The underside line

Arduous work pays off. If you happen to do not thoughts keeping track of the quarterly calendar and being just a little strategic together with your spending, the Chase Freedom Flex is properly value it. If you happen to’re extra of a “set it and neglect it” kind, the Chase Freedom Limitless presents very related rewards with out the trouble.

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