What is the Chase Freedom Flex 10% cash back promotion?

Question

Chase points are worth 1.16 cents per point, on average. The value of Chase points depends on which Chase credit card you have and how you choose to redeem the points. For example, points from Chase are worth up to 1.25 cents each when redeemed for travel through Chase Ultimate Rewards, and they are worth 1 cent each when redeemed for cash back. … read full answer

Chase Points Value by Redemption Method

Redemption Method	Average Point Value	Value of 1,000 Points
Chase Ultimate Rewards Travel	1.25 cents	$12.50
Cash Back	1 cent	$10
Gift Cards	1 cent	$10
Shop With Points	1 cent	$10
Experiences	1 cent	$10
Travel Partners	Varies	Varies

Popular Chase Credit Cards

Chase Sapphire Preferred® Card

Chase Sapphire Reserve®

Chase Freedom Unlimited®

Chase Freedom Flex℠

Ink Business Preferred® Credit Card

One thing worth noting is that the Chase Sapphire Preferred, Sapphire Reserve and Ink Business Preferred credit cards give 25% to 50% more value per point than other Chase credit cards when redeeming for travel through Chase Ultimate Rewards.

Tips for Maximizing the Value of Chase Points

Redeem Points for Ultimate Rewards Travel.

Chase points are worth the most when redeemed for travel through Chase Ultimate Rewards, but you need the right Chase credit card.

Get a Chase Sapphire card.

Chase Sapphire Preferred points are worth 1.25 cents apiece when redeemed for Ultimate Rewards travel, or you could get 1.5 cents per $1 point in value from Chase Sapphire Reserve.

Redeem Chase points regularly.

Chase points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won't get to enjoy the fruits of your spending if you don't redeem.

Keep your account in good standing.

If Chase closes your account because of a failure to pay the bill or fraudulent activity, you'll lose any unredeemed points you have saved.

Redeem before closing your account.

Any points you don't redeem before closing your account will be lost.

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Answer 1 · 2022-07-02 23:27:03

Adrian Kaplan, WalletHub Credit Card Consultant

@kaplanlier11 • 07/02/22 This answer was first published on 09/20/18 and it was last updated on 07/02/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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There is no Chase Freedom Flex 10% cash back promotion available, as of November 2020. There were a few different 10% cash back deals on the original Chase Freedom® card, which was replaced by Chase Freedom Flex in September 2020. The 10% rewards rate was a limited-time promotion that doubled the Chase Freedom’s standard 5% bonus rate.

Previous 10% promotions on the original Chase Freedom card:

December 2019: 10% back on up to $500 in purchases
March 2019: 10% back on up to $2,500 in hotel purchases through Chase Ultimate Rewards
July-August 2018: 10% back on paying bills, up to $15, applied as a statement credit
April-May 2018: 10% back at Starbucks, up to $15, applied as a statement credit
January-February 2018: 10% back at Best Buy (with Chase Pay app), up to $300 in Chase Ultimate Rewards Points
2016: 10% annual bonus on all points earned when you have a Chase checking account
2015: 10% back on Amazon purchases, up to $150 in Chase Ultimate Rewards points

It’s possible there could be a 10% cash back deal on Chase Freedom Flex in the future, but Chase hasn’t announced anything yet. If you’re eligible such an offer, you should get an email or see an update when you log in to your online account, based on how things worked with the Chase Freedom card.

What is the Chase Freedom Flex 10% cash back promotion?

Adrian Kaplan, WalletHub Credit Card Consultant

Previous 10% promotions on the original Chase Freedom card:

Chase Freedom Flex℠

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