New Chase Freedom Flex Bonus: 10% Back on Up to $12,000 Grocery Spend

May 6, 2024

Chase Freedom Flex Welcome Bonus

Chase has launched a new welcome bonus for its Freedom Flex® Credit Card. New cardmembers can now earn 10% back on grocery purchases for the first year, up to maximum of $1,200 back. Check out the details below.

The Offer

Earn 10% 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. That’s 9% additional Cash Back rewards on top of the 1% Cash Back rewards earned on each purchase. If grocery stores is a quarterly bonus category during your first 12 months, you can earn both this 10% new cardmember bonus and the 5% quarterly bonus offers simultaneously until you reach the spend cap for each. However, because both bonuses are earned as additional Cash Back rewards on top of the 1% Cash Back rewards earned on each purchase, the most you will earn is 14% Cash Back rewards.
0% intro APR for 15 months from account opening on purchases and balance transfers.
No Annual Fee
DIRECT LINK TO OFFER (might need to open in incognito)

Card Details

5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
5% cash back on travel purchased through Chase Ultimate Rewards
3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
5% cash back on Lyft rides through March 2025.
1% cash back on all other purchases
Complimentary 3 months of DoorDash‘s DashPass. After that, you are automatically enrolled in DashPass at 50% off for the next 9 months. Activate by December 31, 2024.

Application Rules

This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months.

This card also falls under the Chase 5/24 rule.

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 you can earn 10% back on up to $12,000 in grocery spend during the first year. That’s a total of $1,200 in cash back or 120,000 Ultimate Rewards points if you also have a premium Chase credit card such as Chase Sapphire Preferred or Sapphire Reserve. Those cards now have bonuses of up to 85,000 points.