Chase Freedom Flex is a credit card that offers cashback rewards for purchases made in certain categories. These categories change every quarter, and it's important to know when they do so you can maximize your rewards. In this article, we'll dive into the 2023 categories calendar and answer some common questions about the Chase Freedom Flex card.
Table of Contents
Table of Contents
Introduction
Chase Freedom Flex is a credit card that offers cashback rewards for purchases made in certain categories. These categories change every quarter, and it's important to know when they do so you can maximize your rewards. In this article, we'll dive into the 2023 categories calendar and answer some common questions about the Chase Freedom Flex card.
What Are the 2023 Chase Freedom Flex Categories?
The categories for 2023 are as follows:
- January - March: Groceries, Gas Stations, and Drugstores
- April - June: Home Improvement Stores, Wholesale Clubs, and Select Streaming Services
- July - September: Restaurants, Select Streaming Services, and Department Stores
- October - December: Amazon.com, Target, and Walmart.com
It's important to note that these categories are subject to change and may be updated throughout the year. It's a good idea to periodically check the Chase website or app to ensure you are up to date on the latest categories.
How Does the Chase Freedom Flex Cashback Rewards System Work?
The Chase Freedom Flex card offers cashback rewards for purchases made in the categories listed above. You can earn 5% cashback on up to $1,500 in combined purchases in the bonus categories each quarter you activate. Additionally, you can earn 5% cashback on travel purchased through Chase Ultimate Rewards, 3% cashback on dining at restaurants, and 3% cashback on drugstore purchases.
For all other purchases, you can earn 1% cashback. There is no minimum amount required to redeem your cashback rewards, and they never expire as long as your account is open and in good standing.
How Do I Activate the Bonus Categories?
To earn the 5% cashback in the bonus categories, you must activate them each quarter. You can do this through your online account or by calling the number on the back of your card. Once you activate, you will earn 5% cashback on up to $1,500 in combined purchases in the bonus categories for the quarter.
What Are Some Tips for Maximizing My Rewards?
Here are some tips for maximizing your rewards with the Chase Freedom Flex card:
- Plan your purchases around the bonus categories to earn the most cashback.
- Use the card for all of your dining and drugstore purchases to earn 3% cashback.
- Redeem your cashback rewards regularly to avoid losing them.
- Consider pairing the Chase Freedom Flex card with another Chase credit card that offers rewards for different categories to maximize your overall rewards.
Conclusion
The 2023 Chase Freedom Flex categories calendar offers a great opportunity to earn cashback rewards for purchases you would already be making. By activating the bonus categories each quarter and using the card strategically, you can maximize your rewards and get the most out of your credit card. Remember to stay up to date on the latest categories and redeem your rewards regularly to make the most of your Chase Freedom Flex card.
Question and Answer
Q: Can I change my bonus categories once I activate them?
A: No, once you activate the bonus categories for the quarter, they cannot be changed. Make sure to plan your purchases accordingly to maximize your rewards.
Q: Is there a limit to the amount of cashback rewards I can earn?
A: No, there is no limit to the amount of cashback rewards you can earn. However, you can only earn 5% cashback on up to $1,500 in combined purchases in the bonus categories each quarter.
Q: Do I need to have good credit to apply for the Chase Freedom Flex card?
A: Yes, Chase requires applicants to have good to excellent credit to be approved for the Chase Freedom Flex card. This typically means a credit score of 670 or higher.
