The Chase Freedom Flex intro APR is 0% for 15 months on purchases, with a regular APR of 14.99% - 23.74% (V) after that. There is no introductory APR for balance transfers. Chase Freedom Flex’s ongoing APR is a range because different people get different rates, depending on how “creditworthy” Chase thinks they are. The better an applicant’s credit and income are, the lower their APR is likely to be. The “(V)” at the end of the APR range stands for “variable” and means that the APR can change based on the economy.
Chase Freedom Flex has one other APR you should know about. The cash advance APR, for when you use your card to get money from an ATM or bank teller, is 24.99% (V) and the cash advance fee is: Either $10 or 5% of the amount of each transaction, whichever is greater.
You should note that unlike regular purchases, which have a grace period, cash advances start accruing interest right away. The same is true for balance transfers, which accrue interest at the card’s regular APR. Fortunately, Chase Freedom Flex does not charge a penalty APR for being delinquent on payments. But it’s best to always pay on time anyway so you don’t hurt your credit score.