If you have the Chase Freedom Flex® Card in your wallet, be ready for some changes in the months ahead.
On July 15, Chase sent a notification to cardholders explaining the following benefit adjustments to the cash back card:
Cell Phone Protection will cover eligible losses incurred through September 19th, 2026, and will be discontinued on September 20th, 2026.
The card will have no foreign transaction fees starting September 20th, 2026.
So, in short, Chase is taking away the card’s cell phone protection on September 20. And, in exchange for removing that benefit, they’re making this card a no foreign transaction fee card from that date moving forward.
It is rare for a no annual fee credit card to offer no foreign transaction fees. This perk, which greatly benefits cardholders who spend outside of the United States, is usually reserved for travel credit cards that have annual fees.
The current policy is 3% of the amount of each transaction in U.S. dollars.
Is The Chase Freedom Flex Card Still Worth It?
Chase Freedom Flex®
Learn More →
Annual Fee:
$0.00
Rewards Program Details:
Earn 5% cash back on different categories like gas stations, grocery stores (excluding Target® and Walmart®) and select online merchants on up to $1,500 in total combined purchases each quarter you activate.
Earn 5% on travel purchased through Chase TravelSM.
Earn 3% on dining at restaurants, including takeout and eligible delivery services.
Earn 3% on drugstore purchases.
Earn 1% on all other purchases.
The popular no-annual-fee card offers 5% cash back on rotating categories for up to $1,500 in spending per quarter.
Cardholders who successfully juggle these spending categories can earn up to $75 per quarter and $300 per year in cash back by maxing them out.
The difficulty in this comes with the unpredictability of the boosted spending categories and the level of usefulness those spending categories may have in your day-to-day life.
If you have followed money expert Clark Howard’s advice to secure an unlimited 2% cash back credit card in your wallet, this card could serve as a supplemental option for dining (3%), drugstores (3%), select travel (5% via Chase Travel portal). and then 5% back when the rotating categories are in your favor.
Do you have the Chase Freedom Flex Card in your wallet? We’d love to hear your reaction to this news in the Clark.com community.
All information about Chase Freedom Flex® has been collected independently by Clark Howard, Inc. and has not been reviewed or provided by the issuer or provider of this product or service. Chase Freedom Flex® is no longer available through CardRatings.
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