The Chase Freedom Flex 0% APR offer is 0% for 15 months on new purchases for new cardholders. After the 0% APR introductory period ends, the Freedom Flex card’s 14.99% - 23.74% (V) regular APR goes into effect. Chase Freedom Flex does not currently offer a 0% APR on balance transfers.
Even though you’re not paying interest during the Freedom Flex card’s 0% introductory period, you still have to make timely payments each month. If you’re late in making at least the minimum payment required, you’ll risk having the 0% APR period ended early. The regular APR would take effect in that case.
You should also manage your purchases so that you’ll be able to pay off the entire balance during the introductory window. Once the 0% rate expires, you will be charged the regular APR on any outstanding balance.
At the end of the day, the Chase Freedom Flex card’s 0% APR offer is better than what you’ll find on most credit cards, but there are some better deals for certain situations. This could mean a longer introductory period or a 0% APR offer that includes balance transfers.