The chase Freedom Flex credit card from American Express is designed for the cardholder who wants more from their card. As a leading provider of credit cards and other financial services, Amex has seen a steady decline in transactions with the checking account and signature line, as many people continue to shop online. This is frustrating to the company since it means there is not enough interest revenue to support the programs. However, the Freedom Flex is different, as it gives you more perks than traditional cards on the market today.
If you compare the chase Freedom Flex credit card to other no-annual-fee credit cards, you will see that this is a much better deal. The Freedom Flex card builds on the revolving bonus category bonuses structure of the former Chase Freedom card (still open to all applicants). It adds over-the-counter and online earning bonuses, as well as travel and dining benefits. The key differentiator is the zero foreign transaction fees.
A key feature of the Freedom Flex is that you can earn up to twice as much cash back, or rewards, instead of the traditional one point per dollar arrangement. When you earn cash back, you use that cash to pay bills. This means that you will be able to pay for gas, groceries, and everything else that you buy. For a lot of people, that's reason enough to sign up for this card. Amex has partnered with MasterCard to give you even more benefits.
If you compare the chase Freedom Flex credit card to other cards on the market today, you will find that it offers even more benefits than the traditional credit cards that you may be familiar with. If you have other credit cards, like Visa, Discover and American Express, you are already familiar with some of the benefits. If you have other credit cards from different issuers, like Chase, Bank of America and Discover, you'll be able to see all of the extra features that the Freedom Flex can offer you.
Freedom Flex is different, though. Unlike other credit cards out there that are geared toward a specific type of consumer, the Freedom Flex is designed to target people that want to improve their credit scores. Many people who are looking to improve their credit rating look for credit cards that offer cash back bonuses, as well as rewards programs that offer points that can be used for gasoline. And, in addition to cash back and rewards programs, the Freedom Flex will offer foreign transaction fee waivers and airline miles that can be added onto your airfare costs.
One of the features of the Freedom Flex is its welcome bonus. This is a one time free card that gives you a 2% cash back bonus on many of your purchases. You can use this as a spending limit that is paid back when the card is closed. The welcome bonus never needs to be paid back, which makes it a much better option than having to pay a high interest rate for a regular credit card.
Many people enjoy the freedom that comes with the chase freedom flex, as well. Credit card holders are often tired of hearing that they need to pay interest every month on purchases that they make. The welcome bonus is a way for card holders to earn cash back on all other purchases. Since the Freedom Flex earns much less interest than most cards, card holders are encouraged to carry as much cash as possible to pay back this offer.
And, the Freedom Flex has another great benefit to help cardholders earn even more cash back on everything that they purchase. The credit card offers a special third class status to cardholders that earns them six percent cash back on the purchases in their first three months of membership. This is great because it allows a person to use the card to build up their credit score. After three months, cardholders will have advanced enough to use the card for annual fees and pay off the balance much faster than the average person would. With the special third class status, a person will see their credit score rise in just a few months, which can save them hundreds of dollars a year.
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