Yes, you can have both Chase Freedom Unlimited and Chase Freedom Flex. Having both the Freedom Unlimited and Freedom Flex cards can be a good idea, because their rewards programs work well together and neither card has an annual fee.
The Chase Freedom Unlimited card has a high base earning rate – 1.5% cash back – and it offers up to 5% cash back in bonus categories that don’t change. On the other hand, the Chase Freedom Flex card gives 5% cash back on up to $1,500 spent per quarter in rotating bonus categories, but as little as 1% on other purchases. So, you can get the best of both worlds if you have both cards and simply use whichever will give you the better rewards rate for each transaction you make.
Finally, it’s important to note that even though there’s no official limit to how many Chase cards you can have, Chase does reportedly have a so-called “5/24” rule. This means that if you’ve opened five or more credit cards from any issuer in the past 24 months, Chase will not approve you for a new card. So, before applying for the Chase Freedom Unlimited or the Chase Freedom Flex card, make sure you haven’t opened too many new credit card accounts recently. In addition, if you’re planning to apply for both cards, try to space out your applications.
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