Chase Freedom Cards, $200 Welcome Bonus Plus Up to 9% Back on Groceries

Chase Freedom Cards Welcome Bonus

Update: This offer will be available once again on July 1st for both credit cards. For the Freedom Flex card, this quarter’s categories are grocery stores (not including Target or Walmart purchases) and select streaming services. So it overlaps with the 5% cash back on groceries that’s part of the welcome offer.

On grocery purchases, Freedom Flex cardmembers can earn cash back on both offers. However, since quarterly categories are earned as 4% bonus cash back on top of the 1% cash back earned on every purchase, the most a cardmember will earn per $1 in grocery store purchases in Q3 is 9% cash back.


Chase has made the signup bonus of Freedom cards much better. Besides the current $200 welcome offer, you can also earn 5% on grocery purchases during the first year. This is limited to just $12,000. The offer is publicly available for everyone. This is surely a limited time offer, and it could actually make sense to apply for these cards.

Chase Freedom Flex

  • Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
  • 1% cash back on all other purchases
  • 0% Intro APR for 15 months from account opening on purchases
  • No annual fee.
  • LEARN MORE

Chase Freedom Unlimited

  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases
  • No annual fee.
  • LEARN MORE

Fine Print

You’ll earn 5% Cash Back rewards total for each $1 spent on purchases in the grocery store category (excluding Walmart and Target) made within your first 12 months from account opening, or until you reach $12,000 in grocery store purchases, whichever occurs first (3.5% additional Cash Back rewards on top of the 1.5% Cash Back rewards earned on each purchase for CFU, 4% additional Cash Back rewards on top of the 1% Cash Back rewards earned on each purchase for CF). The additional Cash Back rewards will appear on your billing statement in a separate line from the base 1.5% Cash Back rewards. How you can use your points: You can use your points to redeem for any available reward options, including cash, gift cards, travel, and pay with points for products or services made available through the program or directly from third-party merchants. Redemption values for reward options vary.

Application Rules

This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.

Guru’s Wrap-up

Normally it doesn’t make sense to apply for Chase Freedom cards, since the welcome bonus is not very enticing. But right now with a $200 cash offer and 5X on grocery purchases, it is a competitive offer for both Freedom cards. It gets even better for grocery spend on the Freedom Flex card since you can earn up to 9% back thanks to Q3 categories.

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