fbpx
Picture of 5 different Chase Branded credit cards

Basic Guide to The Chase Freedom Flex Quarterly Challenge

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Note: Some of the offers mentioned below may have changed or are no longer available. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. You can view our current offers here.

The Chase Freedom Flex is a great card to have in your purse, wallet, or BASIC binder clip when heading out for a number of reasons including 7,500 Chase Ultimate Rewards bonus points every 3 months! We absolutely love those Chase Ultimate Rewards bonus points as there is SO much you can do with them! Luckily the Chase Freedom Flex Quarterly challenge gets you 5 TIMES bonus points each Quarter!

First the Basics  

We love the Chase Freedom Flex card that was introduced in late 2020. It was a bit of an upgrade from the old Chase Freedom card. Still utilizing the 5% quarterly categories, you can also earn 5% on travel purchased through chase as well as 3% on dining and drugstores.

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Chase Freedom Flexâ„ 

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

No Annual Fee

Earn Cash Back

Cash Back Calendar

The 5% Categories are what get me excited in the Basic Travel Household. Every three months, the Chase Freedom Categories for 5% Cashback rotate and reset. For example, from April 1st through June 30th, I was able to earn 5% Cashback on up to $1,500 in purchases through Grocery Stores and Home Improvement Stores. 

The 5% Cashback works out to be $75 if I max the $1,500 quarter. If I max out all four quarters that equals $300! This is a great return on purchases that I’m already going to need. 

Chase Freedom Flexâ„ 

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Chase Freedom Flexâ„ 

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

What makes me really excited about this card and the Quarterly Challenge Promotion! 

If you concurrently have opened a Chase Sapphire Preferred Card or Chase Freedom Reserve Card along with the Chase Freedom Flex it is possible to transfer points. In doing so, that $75 Cashback for the quarter or $300 for the year turns into 7,500 Chase Ultimate Rewards Points for the quarter and 30,000 Chase Ultimate Rewards Points for the year! You could also cash these points out with Chase’s Pay Yourself Back Promotion, set to expire September 30th, 2021.

Chase Sapphire Preferred® Card

Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.

Chase Sapphire Preferred® Card

Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening.

Be sure to check out the different Quarterly Challenge Promotions!

Here are some fun examples of what I could do with 30,000 Chase Ultimate Rewards Points. 

Southwest Airlines is a transfer partner and you can book 2 roundtrip flights to one of my favorite cities in the United States! 

Transfer to United for a one-way flight to Italy! 

JetBlue can also be transferred to for 2 Roundtrip Flights to New York City

If you decide to open a credit card, we appreciate using our affiliate links! Be sure to check out our Top Credit Card Offers

Which card to get

Only the Chase Freedom Flex will get you the 5x Quarterly spending categories. However, there are a few other offers that will get you the coveted Chase Points! Pick your favorite offer below.

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Chase Freedom Flexâ„ 

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year)
— worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Travelâ„ , 4.5% on dining and drugstores, and 3% on all other purchases.
Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year)
— worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Travelâ„ , 4.5% on dining and drugstores, and 3% on all other purchases.

Final Thoughts

We both LOVE all things Chase! Seriously the points are our favorite award booking points as they are so versatile. You can use the points in the Chase Portal, Transfer them to various travel partners (Like Southwest, United, Jetblue…). You can also use the points for Hotels, Car Rentals, things to do, even cruises!

Maybe you don’t like or want to travel? No problem! You can also redeem points for Amazon, Apple, Cashback, Gift cards, and experiences!

Let us know if you have any comments or questions!

New to Credit Card Rewards Points? Check out the BASICS Below!

Editorial Disclaimer: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

The comments section below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

5 Basic Travel Strategies

Need-to-know tricks for cheap travel.

Top Credit Card Offers

card_name
bonus_miles_full

Chase Freedom Flexâ„ 

$200 Bonus Cashback after you spend $500 on purchases in your first 3 months from account opening.
card_name
bonus_miles_full

Chase Sapphire Preferred® Card

Earn 60,000 bonus points after $4,000 in purchases in your first 3 months from account opening.
credit-card

We're Dave & Lisa

An easy-going, fun-loving couple who have a passion for adventure and exploring the world! Our strategies have saved us over $100,000 in travel over the last four years, and our goal is to help you do the same.

Keep Exploring