Chase Freedom Flex and Unlimited 5% Grocery Cashback Offer, $ 200 Bonus

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After paying rent or a mortgage, groceries are often a household’s largest monthly expense. It doesn’t hurt to have a credit card that brings in a lot of rewards for something you spend a lot on, and now the Chase Freedom Flex℠ and Chase Freedom Unlimited® offer 5% Cash Back on up to $ 12,000 in grocery purchases (excluding Target® or Walmart® purchases) in the first year.

Both cards are free and give new cardholders a welcome bonus of $ 200 if they spend $ 500 within the first three months of opening the account. If you max out the rewards only on groceries in the first year, you could earn up to $ 600, plus the $ 200 welcome bonus, for a total of $ 800.

For those who want a card with a solid cash back rate and no rotating categories requiring quarterly activation, the Chase Freedom Unlimited® Gives you 1.5% unlimited cashback on all purchases, plus 5% cashback on trips purchased through Chase Ultimate Rewards® and 3% cashback on restaurants and drugstores. The card also comes with an introductory APR of 0% for 15 months on purchases (then a variable APR of 14.99 to 23.74%).

Chase Freedom Unlimited®

  • Awards

    Earn 5% cash back on grocery store purchases (excluding Target® or Walmart® purchases) up to $ 12,000 spent in the first year, 5% cash back on trips purchased through Chase Ultimate Rewards®, 3% on meals (including take-out) and pharmacies and 1.5% on all other purchases

  • Welcome bonus

    $ 200 cash back after spending $ 500 on purchases in the first 3 months after opening the account

  • Annual subscription

  • Intro APR

    0% for the first 15 months on purchases

  • Regular APR

    14.99% to 23.74% variable on purchases and balance transfers

  • Balance transfer fees

    Either $ 5 or 5% of the amount of each transfer, whichever is greater

  • Foreign transaction fees

    3% of each transaction in US dollars

  • Credit needed

If you want a higher cash back rate and are comfortable activating a set of rotating bonus categories each quarter, you may want to consider the Chase Freedom Flex℠. Flex earns 5% on up to $ 1,500 in combined purchases in bonus categories each quarter you activate them, 5% on trips purchased through Chase Ultimate Rewards®, 3% on restaurants and drugstores and 1% on all other purchases. If you maximize spend in your bonus category, you could earn up to $ 75 each quarter.

Some of the categories for 2021 have included gas stations and home improvement stores; grocery stores and some streaming services; and wholesale clubs, cable, Internet, telephone services, and some streaming services. This card also has an introductory APR of 0% for 15 months on purchases (then, a variable APR of 14.99 to 23.74%).

Chase Freedom Flex℠

  • Awards

    Get 5% cash back on grocery store purchases (excluding Target® or Walmart® purchases) up to $ 12,000 spent in the first year, 5% cash back on up to $ 1,500 d ” combined purchases in bonus categories each quarter you activate (then 1%), 5% discount on travel booked through Chase Ultimate Rewards®, 3% discount on meals and at pharmacies, 1% discount on all other purchases

  • Welcome bonus

    $ 200 cash back after spending $ 500 on purchases in the first three months after opening the account

  • Annual subscription

  • Intro APR

    0% for the first 15 months on purchases

  • Regular APR

    14.99% to 23.74% variable

  • Balance transfer fees

    Either $ 5 or 5% of the amount of each transfer, whichever is greater

  • Foreign transaction fees

  • Credit needed

Both cards offer 5% cash back on eligible Lyft rides through March 31, 2022 and a free 3-month subscription to Doordash’s DashPass, which offers free food delivery and reduced service charges.

While both Freedom cards earn cash back rewards, you will receive rewards in the form of Chase Ultimate Rewards® points. You can redeem these points for cash back, travel, merchandise, and gift cards. Chase Ultimate Rewards points do not expire as long as your account remains open and in good standing. There is no minimum to redeem your Cash Back Rewards.

You can also combine your points with other Ultimate-Rewards cards, such as the Chase Sapphire Preferred® Card, which allows you to transfer your points to travel partners and increases the value of points by 25% when booking through the Chase Travel portal.

If you want big rewards on grocery expenses that continue after the first year of card membership, you may want to consider the American Express Blue Cash Preferred® Card which offers 6% cash back to qualification U.S. supermarkets (up to $ 6,000 per year in purchases, then 1%) and an annual fee of $ 95 (see prices and fees).

And if you’re okay with paying an even higher annual fee of $ 250 (see prices and fees), the American Express® Gold Card offers 4X Membership Rewards® points in US supermarkets and restaurants (up to $ 25,000 per year in purchases, then 1X), one of the highest reward rates available on the grocery store. These Amex points can be transferred to valuable partners like Delta Air Lines, Air Canada, British Airways and more.

American Express Blue Cash Preferred® Card

On the secure American Express site

  • Awards

    6% cash back in U.S. supermarkets up to $ 6,000 per year in purchases (then 1%), 6% cash back on select US streaming subscriptions, 3% cash back in stores US gas stations, 3% cash back on public transportation including taxis / carpooling, parking, tolls, trains, buses and more and 1% cash back on other purchases. Cash back is received in the form of reward dollars which can be redeemed as a credit on the statement.

  • Welcome bonus

    Earn 20% back on Amazon.com purchases with the card during the first six months of membership, up to $ 200 back. Plus, get a $ 150 credit on your statement after spending $ 3,000 on purchases on your new card within the first six months of opening the account

  • Annual subscription

    $ 0 annual launch fee for one year, then $ 95

  • Intro APR

    0% for the first 12 months on purchases, N / A for balance transfers

  • Regular APR

    13.99% to 23.99% variable

  • Balance transfer fees

  • Foreign transaction fees

  • Credit needed

American Express® Gold Card

On the secure American Express site

  • Awards

    4X Membership Rewards® points on restaurants (including takeout and delivery, as well as Uber Eats purchases) and in U.S. supermarkets (up to $ 25,000 per calendar year in purchases, then 1X), 3X points on flights booked directly with airlines or on amextravel. com, 1X points on all other purchases

  • Welcome bonus

    60,000 Membership Rewards® points after spending $ 4,000 on qualifying purchases within the first 6 months of opening the account

  • Annual subscription

  • Intro APR

  • Regular APR

  • Balance transfer fees

  • Foreign transaction fees

  • Credit needed

For the rates and fees of the Blue Cash Preferred card, Click here.
For the prices and fees of the Amex Gold card, Click here.

Editorial note: Any opinions, analysis, criticism or recommendations expressed in this article are the sole responsibility of the editorial staff of Select and have not been reviewed, endorsed or otherwise approved by any third party.

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