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WiseIQ Editorial Team
Reviewed by certified financial experts  ·  Updated April 2026
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The Chase Freedom Flex® is the best no-annual-fee credit card for people who are willing to track and activate rotating 5% cash back categories. Each quarter, Chase announces new bonus categories — historically including grocery stores, gas stations, Amazon, PayPal, and streaming services — and you earn 5% cash back on up to $1,500 in combined purchases in those categories after activation.

WiseIQ Expert Tip

Financial decisions made with complete information consistently outperform those made under pressure or with incomplete data. Take time to compare at least 3 options before committing.

On top of the rotating 5%, the card earns a permanent 3% on dining and drugstores and 1% on everything else. Like the Chase Freedom Unlimited, it pairs with Chase Sapphire cards to unlock airline and hotel transfer partners.

Chase Freedom Flex®

$0 annual fee · 5% on rotating categories · 3% dining & drugstores · $200 bonus after $500 spend

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