Finance Breaking news Chase partners Mastercard for Freedom Flex credit card last financial news
Breaking-Finance.Com - Today Chase unveils the Freedom Flex credit card as well as new cash back offerings for Freedom Unlimited, both available starting September 15, 2020.
Breaking-Finance.Com - These no-fee credit cards shake up the current cash back category with opportunities to earn 3% on drug store purchases, 3% when dining out or with takeout and eligible delivery, as well as 5% on travel purchased through Chase Ultimate Rewards®. Freedom Flex cardmembers will also enjoy access to Mastercard’s World Elite Benefits and rotating 5% cash back bonus categories.“Flex and Unlimited are the next evolution of the Chase Freedom credit card suite and challenge the status quo for what consumers expect from a no fee, cash back card,” said BJ Mahoney, General Manager of Chase Freedom. “Earning cash back on dining, including takeout and delivery, drug stores and travel through Chase Ultimate Rewards provides immense value for customers in both the immediate and long term.”NEW Freedom FlexFreedom Flex is the newest Chase branded consumer credit card in partnership with Mastercard. Freedom Flex will feature World Elite Mastercard benefits designed to meet the needs for those always connected and on-the-go. In addition, cardmembers will have access to Priceless Experiences, offering activities both digitally and in the cities where they are.Cardmembers earn cash back on:5% on Bonus Quarterly Categories – Each quarter they activate, cardmembers will receive 5% cash back on up to $1,500 in combined purchases on bonus categories such as grocery stores, select streaming services and many others.5% on Travel purchased through Chase Ultimate Rewards, including vacation and car rentals.3% on Dining purchases, including take out or eligible delivery services.3% on Drugstore purchases on daily essentials like medicine, toiletries, diapers and other items.1% unlimited cash back on all other purchases.
.Lyft – $10 in credit for every five rides taken in a calendar month, automatically applied to the next ride and capped at once per month.Boxed – 5% cash rewards on Boxed purchases for use on future purchases.ShopRunner – Free membership to receive two-day shipping and free return shipping at over a hundred online retailers.Fandango – Double VIP+ points for movie tickets purchased via the Fandango app or Fandango.com, which can be used towards purchasing movie tickets on Fandango or towards streaming movies and TV shows on FandangoNOW.“Today’s consumers are seeking accessible financial products tailored to their individual and evolving needs,” said Linda Kirkpatrick, President, U.S. Issuers at Mastercard. “We’re thrilled to partner with Chase on Freedom Flex, which rewards cardholders for their everyday spending while also providing access to unique and relevant experiences.”Flex and Unlimited cardmembers also receive previously announced benefits with Lyft and DoorDash:5% total cash back on all Lyft rides through March 2022.In addition to earning 3% on all dining purchases, cardmembers can activate and receive complimentary DoorDash DashPass for the first three months*, followed by a 50% discount price at the current rate for the next nine months.New Freedom Flex and Unlimited cardmembers will receive $200 cash back after spending $500 on purchases in the first three months, plus 5% cash back on grocery store purchases for the first year (on up to $12,000).
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