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Home » Easy Chase Freedom Flex℠ welcome bonus: $200 cash back after spending $500 + 5% gas and grocery offer available in-branch

Easy Chase Freedom Flex℠ welcome bonus: $200 cash back after spending $500 + 5% gas and grocery offer available in-branch

Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.

The 5% gas and grocery welcome offer on the Chase Freedom Flex℠ is back! Recently, I confirmed that the 5% gas and grocery offer on the Chase Freedom Flex℠ is still available, but it is now an in-branch exclusive welcome offer. There’s a similar welcome offer on the Chase Freedom Unlimited® if you prefer that card.

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Exclusive branch only offer: Earn up to $800 cash back: Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. Plus earn 5% cash back on combined gas station and grocery store purchases (not including Target® and Walmart® purchases) on up to $12,000 spent in the first year. (That’s $600 cash back.)

Here’s the offer page that a banker printed for me at a Chase branch on March 22, 2024:

Printout from a Chase branch showing the Chase Freedom Flex and Freedom Unlimited 5% Gas and Grocery Welcome Bonuses In Branch Offers. Printout is dated March 22, 2023.
Chase Freedom Flex and Freedom Unlimited 5% Gas and Grocery Welcome Bonuses in Branch Offers

If you can’t make it into a Chase branch to get the better offer, the following is the best online offer that we know of on this card:

Chase Freedom Flex℠ welcome bonus:

Before you apply through the link below, be sure to see our coverage of the best welcome bonus on this card. There may be a better offer in-branch.

Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.

Click here to learn more and apply for the Chase Freedom Flex℠.

Our take on the welcome bonus: $200 after $500 is the standard welcome bonus on this card.

The link above is a referral link. Someone on our team may earn points if you apply and are approved to the link above. We always show you the best offer, and this is the best offer we know about on this card.

Chase Freedom Flex card art

Chase Freedom Flex℠ at a glance:
Annual fee: $0
Rewards: 5% in rotating categories (up to $1,500 in combined purchases per quarter). 5% travel through Chase. 3% dining. 3% drugstores. 1% other purchases.
Benefits: Extended warranty. Purchase protection. Cell phone protection.

About the Chase Freedom Flex℠

Chase Freedom Flex card art
Chase Freedom Flex℠

The Chase Freedom Flex℠ is Chase’s take on the 5% rotating category card, offering increased rewards in limited-time categories that are announced quarterly. The Chase Freedom Flex℠ has no annual fee.

The Chase Freedom Flex℠ offers 5% back on up to $1,500 spent each quarter in rotating bonus quarterly categories. Categories have historically included purchases at grocery stores, Amazon.com, gas stations and big box retailers. In addition, the card offers 3% cash back on restaurants and drugstore purchases and 1% cash back on everything else. All rewards are earned as Ultimate Rewards points, but can be redeemed for cash back.

In addition to cash back rewards, the Chase Freedom Flex℠ offers a generous suite of benefits for a card with no annual fee. The card protects your purchases with Purchase Protection, Extended Warranty Protection, and Cell Phone Protection and it offers protection for your travels with secondary auto rental collision damage waiver insurance and trip cancellation/interruption insurance.

For more on the card, see our card overview of the Chase Freedom Flex℠.

My take on the Chase Freedom Flex℠ welcome bonus

In-branch 5% gas and grocery offer: The 5% gas and grocery offer is by far the best welcome offer we’ve ever seen on the Chase Freedom Flex℠. Normally, you can get $200 after $500 spent on the card within 3 months, so this is extra cash back on top of that offer. Chase has previously run grocery-only or gas-only versions of this welcome bonus on both this card and the Chase Freedom Unlimited®.

The current $200 bonus after $500 of spending is the standard offer on the Chase Freedom Flex℠ card. It isn’t nearly as good as the 5% gas and grocery offer, so if you can go into the branch to get the better offer, you should.

Verdict: Getting $200 after spending $500 on the card is an easy welcome bonus, but you’ll get the best offer if you go in-branch.

Chase Ultimate Rewards® card synergies

Chase Ultimate Rewards® points can always be redeemed for cash back rewards at one cent each. This makes 10,000 points worth $100. But your points can become even more valuable when you hold a premium Ultimate Rewards® credit card.

If you hold a Chase Sapphire Preferred® Card, Chase Sapphire Reserve, or Ink Business Preferred card, you have access to a handful of redemption options that can increase the value of your points:

  • Point transfers to airline and hotel partners
  • Increased value when you redeem for travel through Chase Travel℠
  • Pay Yourself Back options

To use the points you earned from your non-premium Ultimate Rewards® credit card for one of these redemptions, simply transfer your Ultimate Rewards® points to your premium Ultimate Rewards® credit card.

A few notes on applying for Chase cards

  • Chase generally won’t approve you if your credit report is showing 5 or more new credit card accounts opened in the last 24 months. This rule is knows as the 5/24 rule. If you’re unsure if you are “under 5/24” you should check your 5/24 status before applying for a Chase card. Note that recently this rule seems to have softened. See our coverage about Chase 5/24 for more.
  • How often you can earn a welcome bonus on a Chase card varies by card family.
    • Most cards allow you to earn a welcome bonus if it has been at least 24 months since your last received a welcome bonus on the same card.
    • Chase Sapphire-branded cards, such as the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®, you can only earn a welcome bonus once every 48 months. (We published a separate article to help you determine if you can get a Sapphire welcome bonus.)
  • You can only hold one Chase Sapphire-branded card at a time.
  • If you apply for a Chase card and the bank offers a higher bonus within 90 days, you can send Chase a secure message or call them to have your welcome offer matched.
  • Chase business cards do not report to personal credit reports as long as they are current.

Advertiser disclosure: Cards and Points has partnered with CardRatings for our coverage of credit card products. Cards and Points and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers. Compensation may affect how and where card products appear on the site. The site does not include all card companies or all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Terms apply to all credit card benefits.