The Chase Freedom Flex signup bonus is $200 for spending $500 in the first 3 months after account opening. Chase Freedom Flex cardholders also get a bonus of 5% cash back on certain categories each quarter when activated, up to a limit.
Although the Chase Freedom Flex signup bonus offers are advertised as cash back, they actually come as Chase Ultimate Rewards points. Each point is worth 1 cent in cash back (or travel or gift cards), which comes to a $200 value for the first initial bonus. The bonus points will appear in your account 6 to 8 weeks after you meet the initial spending requirement.
The main Chase Freedom Flex signup bonus is pretty easy to earn, considering the fact that the spending requirement is relatively low. And since the card has a $0 annual fee, the bonuses go right back into your pocket.
But before you put in your application, it’s important to know the rules and restrictions surrounding the bonus offers. For example, you’re not eligible if you’ve already earned the signup bonus with the Chase Freedom Flex card in the past 24 months. You also won’t earn bonus points if you close your account or fall behind on bill payments before they’re awarded.
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