What Is Chase Freedom?

The Freedom Flex Card

The Freedom uses Visa as its network processor, while the Freedom Flex uses Mastercard. Current Freedom card holders may be interested in making the switch to the Freedom Flex card. It is as easy as calling Chase to request a product change.

If your account is in good standing, you should be able to request it. The Freedom to the Freedom Flex will make the transition seamless because your rewards, credit limit, and card number should all carry over. The online credit card applications can be found here.

Efforts are made to keep accurate information. All credit card information is presented without warranty. You can review the credit card terms and conditions on the issuer's website when you click on the "Apply Now" button.

Flex: A new Chase Freedom card

You should check the annual fee and the rate of the new card you are going to switch to. The Freedom cards have the same structure and interest rates, so there is no change. Existing Chase Freedom card holders can still take advantage of the full card benefits despite the Chase Freedom card being closed to new applicants.

If you want to switch to a different Freedom card without having to pay a bonus, the Chase Freedom Flex or Freedom Unlimited are excellent choices. Flex has many of the same features as Freedom, like up to 5% cash back on rotating categories and no annual fee, plus new bonus rewards on travel, dining and at drug stores. You can get 1.5% cash back on purchases outside of elevated rewards on travel, dining and drug stores, but you have to pay the full price.

UpgradedPoints.com: A New Point Card Program

You can get an exceptional welcome bonus that will allow you to explore the incredible points landscape that American Express has built over the past several decades. The fee is per year. The first employee card will have annual fee of $50, but there is no fee for more than 99 cards.

The travel protections on the Chase Sapphire Reserve are better than the Amex Platinum card. You get complimentary primary rental car insurance, trip cancellation and interruption insurance, lost baggage and delayed baggage coverage, roadside assistance, and many more. If you have an Ultimate rewards credit card, you can convert your cash-back to 5x, 3x, or 1.5x Ultimate rewards points.

One big lesson to learn is not to be afraid of large annual fees, because by sticking with premium or ultra-premium Amex or Chase cards, you can often come out further ahead than with a no annual fee card. Information credit cards, reward programs, travel and ancillary information concerning travel and credit cards are provided by Upgraded Points, and its website, UpgradedPoints.com. The information provided is for informational purposes only and should not be considered financial, tax or legal advice.

Chase Rewards: A Program for Ink Business Card Holders to Redeem Point Back on Purchased Products

Pay Yourself Back is a program where Ink Business card holders can redeem their points for shipping, internet, cable, phone services, select charities, and advertising purchases made with social media sites and search engines. Chase offers a way to redeem great value on purchases. Chase Pay Yourself Back is a great supplement to the Ultimate rewards.

You can redeem points from your Chase card at a rate of 1.5 cents per point value and from your Chase card at a rate of 1.25 cents per point value. You should be able to call and ask for a check. You can apply the credit to any of your other Chase cards that have a balance.

The Pay Yourself Back benefit should not be a tax-deductible activity since you are receiving a percentage of your existing spending as a reward back to you. You could always cash out the points as a statement credit towards your purchase, and it was 1 cent per point. If you know you will use a particular travel transfer partner in the future, you could transfer your points to that program.

The Freedom Flex and Chase Independence Cards

The Freedom Flex card offers 5% cash back on rotating categories, while the Chase Freedom unlimited offers 1.5% cash back on everything. The rewards program has Downsides. The 5% rate only applies to certain categories that are frequently used and only costs $1,500 per quarter.

To maximize your rewards earnings, use the Freedom Flex card to make purchases in the 5% cash back category and the Freedom Unlimited card to earn 1.5% back on general purchases. The table shows the value of combining the Chase Freedom Flex, Chase Freedom Unlimited and Chase Reserve cards. A person who spends an average amount in other categories and maxes out the 5% quarterly bonus categories can earn 52,869 Ultimate rewards points per year.