The Chase Freedom Flex℠* and Uncover it® Money Again* are each uncommon playing cards that provide a rotating rewards class on standard buy classes. However whereas the Uncover it Money Again may be a greater possibility for many who journey overseas and need to keep away from the price of overseas transaction charges, the Freedom Flex provides extra year-round reward classes and additional perks — making it a greater possibility for most individuals.
Rewards
Winner: Freedom Flex
That is the true battleground between the Freedom Flex and the Uncover it Money Again. Each characteristic revolving quarterly cash-back classes. Each playing cards want you to manually activate the bonus class quarter.
Nonetheless, with the Freedom Flex, you may activate the classes late within the quarter and earn retroactive rewards in your purchases. For instance, for the third quarter of 2023, so long as you activate by September 14, 2023 you’ll earn the 5% for class purchases relationship again to April 1, 2023. However if you happen to activate late with the Uncover it Money Again, there are not any retroactive rewards.
Previous bonus classes are fairly comparable throughout each playing cards, together with grocery shops, Amazon.com purchases and purchases made utilizing PayPal. Right here’s the present reward providing for every card:
- Freedom Flex: Gasoline Stations, EV charging and choose stay leisure
- Uncover it Money Again: Gasoline stations and digital wallets
Each playing cards have a quarterly spending restrict of $1,500 for his or her 5% money again classes earlier than rewards fall to 1% money again. Which means you may solely earn a most of $75 with both card every quarter earlier than the rewards charge drops.
The rewards packages are comparable, however the Freedom Flex has an edge due to its addtional 3% money again for eating and drug shops and 5% money again for journey via Chase Final Rewards. Neither class has a spending restrict.
You could possibly doubtlessly earn extra rewards with the Freedom Flex over the Uncover it Money Again. The retroactive rewards if you happen to activate your classes late additionally places weight on the dimensions.
Welcome bonus
Winner: Uncover it Money Again
Check out every welcome bonus:
- Freedom Flex: You earn $200 after you spend $500 on purchases in your first three months from account opening
- Uncover it Money Again: You’ll earn an Limitless Cashback Match, which implies Uncover will primarily double the money again you earn on the finish of your first 12 months with the cardboard.
Relative to different playing cards available on the market, the Freedom Flex’s welcome bonus has a low spending threshold to unlock it. Nonetheless, it doesn’t actually measure as much as the incomes potential of getting all the rewards you earn for a 12 months doubled. However you’ll have to be affected person to earn the Limitless Cashback Match, because it received’t be distributed to your account till after the 12 months is up.
Introductory APR
Winner: Tie
The introductory APR provides are practically similar:
- Freedom Flex: 0% intro APR for purchases and stability transfers for 15 months (then 20.24% to twenty-eight.99% variable)
- Uncover it Money Again: 0% intro APR for purchases and stability transfers for 15 months (then 16.99% to 27.99% variable).
Whereas each playing cards permit cardholders to both make a big, deliberate buy or switch a stability to keep away from curiosity fees, they differ barely of their phrases surrounding stability transfers.
The Freedom Flex has an introductory stability switch payment of three% ($5 minimal) as long as any transfers are made inside 60 days, in any other case it’ll be 5% ($5 minimal). The Uncover it Money Again’s payment is 3% however will enhance to as much as 5% for future stability transfers (see phrases).
So each playing cards are on fairly equal footing right here. Nonetheless, neither card is strictly suited to a stability switch. There are stability switch bank cards particularly designed to assist remove some bank card debt, and even some with out stability switch charges.
Journey
Winner: Freedom Flex
Whereas neither card is billed as a journey card, each share some elements with them. The Freedom Flex provides 5% money again for journey bought via Chase Final Rewards and options auto rental collision injury waiver, journey cancellation/interruption insurance coverage, plus journey and emergency help companies. Nonetheless, it’s hampered by its overseas transaction charges.
The Uncover it Money Again then again options no overseas transaction charges which makes it a better option for folks touring overseas. You’ll have the ability to save a median of three% on every abroad transaction due to the shortage of overseas transaction charges, although there are not any different journey perks.
Further card perks
Winner: Freedom Flex
There’s no contest on this class. The Uncover it Money Again provides nothing greater than the usual fraud protections, whereas the Freedom Flex additionally offers cardholders with:
- Buy safety
- Prolonged guarantee safety
- Mobile phone safety
Between its robust rewards and spectacular choice of advantages for a card with out an annual payment, the Freedom Flex is tough to beat.
How Chase Freedom Flex℠ and Uncover it® Money Again evaluate to different playing cards
- Intro Provide
-
$200
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
- Annual payment
- $0
- APR
- 20.24% – 28.99% Variable
- Intro Buy APR
- 0% Intro APR on Purchases for 15 months
-
Advisable Credit score
A credit score rating is used to point an applicant’s credit score worthiness and should present steerage about account eligibility. It doesn’t essentially assure approval for any monetary product.
- Good – Wonderful
- Rewards charge
-
1%
– 5%
5% money again on as much as $1,500 in mixed purchases in bonus classes every quarter you activate. Get pleasure from new 5% classes every quarter!; 5% money again on journey bought via Chase Final Rewards®, our premier rewards program that allows you to redeem rewards for money again, journey, reward playing cards and extra; 3% money again on drugstore purchases and eating at eating places, together with takeout and eligible supply service; Limitless 1% money again on all different purchases.
- Intro Provide
-
Cashback Match™
Intro Provide: Limitless Cashback Match – solely from Uncover. Uncover will robotically match all of the money again you’ve earned on the finish of your first 12 months! There’s no minimal spending or most rewards. You could possibly flip $150 money again into $300.
- Annual payment
- $0
- APR
- 16.99% – 27.99% Variable APR
- Intro Buy APR
- 0% for 15 months
-
Advisable Credit score
A credit score rating is used to point an applicant’s credit score worthiness and should present steerage about account eligibility. It doesn’t essentially assure approval for any monetary product.
- Good – Wonderful
- Rewards charge
-
1%
– 5%
Earn 5% money again on on a regular basis purchases at totally different locations every quarter like Amazon.com, grocery shops, eating places, and fuel stations, as much as the quarterly most whenever you activate. ; Earn 1% limitless money again on all different purchases – robotically.
- Intro Provide
-
Earn an Further 1.5% Money Again
Intro Provide: Earn a further 1.5% money again on all the pieces you purchase (on as much as $20,000 spent within the first 12 months) – price as much as $300 money again!
- Annual payment
- $0
- APR
- 20.24% – 28.99% Variable
- Intro Buy APR
- 0% Intro APR on Purchases for 15 months
-
Advisable Credit score
A credit score rating is used to point an applicant’s credit score worthiness and should present steerage about account eligibility. It doesn’t essentially assure approval for any monetary product.
- Good – Wonderful
- Rewards charge
-
1.5%
– 5%
Get pleasure from 5% money again on journey bought via Chase Final Rewards®, our premier rewards program that allows you to redeem rewards for money again, journey, reward playing cards and extra; 3% money again on drugstore purchases and eating at eating places, together with takeout and eligible supply service; 1.5% on all different purchases
The underside line
If you happen to’re searching for a flexible cash-back bank card so as to add to your pockets, select the Freedom Flex. The Uncover it Money Again actually provides it a run for its cash, however it might probably’t compete with its expansive rewards program and extra card perks, regardless of having one of many finest welcome bonuses within the business.
FAQs
You’ll be able to activate the rotating quarterly rewards class by heading to your account web page with both issuer.
You could possibly, however there’s loads of redundancy between the Uncover it Money Again and the Chase Freedom Flex. There are additionally implications to making use of for a number of bank cards without delay.
A rewards bank card usually places extra emphasis on offering a powerful return in your common spending, whether or not that be for fuel, groceries, streaming companies, or eating. Journey bank cards usually embody further card perks like annual assertion credit and airport lounge entry. Their rewards can usually be used to cowl airfare or different journey bills.
*All details about the Uncover it Money Again and Chase Freedom Flex has been collected independently by CNET and has not been reviewed by the issuer.
The editorial content material on this web page relies solely on goal, unbiased assessments by our writers and isn’t influenced by promoting or partnerships. It has not been offered or commissioned by any third celebration. Nonetheless, we might obtain compensation whenever you click on on hyperlinks to services or products provided by our companions.
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