Chase Freedom Flex 5x Points For PayPal & Walmart In Q4 2020

Filed Under: Chase, Credit Cards
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We recently saw the introduction of the Chase Freedom FlexSM Credit Card, which is an incredible card belonging to Chase’s Freedom portfolio. Registration for the Q4 2020 5x points categories opened on September 15, and now that it’s October 1, you can start earning 5x points.

Note that these same bonus categories are also valid for the Chase Freedom Card, which is no longer open to new applicants.

Why I Love The Chase Freedom Flex Card

The new Chase Freedom Flex Card is easily one of the best no annual fee cards out there, as it offers 5x points in rotating quarterly categories, for up to $1,500 of spending per quarter. Most people use this as a cashback card, meaning the 5x points really translates into 5% cashback in these categories.

The card has other bonus categories as well, as it offers 3x points (or 3% cash back) at drugstores and on dining.

The best part is that in conjunction with the Chase Sapphire Preferred® Card (review), Chase Sapphire Reserve® Card (review), or Ink Business Preferred® Credit Card (review), points earned on this card can be converted into Ultimate Rewards points, and be transferred to the Ultimate Rewards airline and hotel partners.

Since I value one Ultimate Rewards point at significantly more than one cent, that’s my preferred use of those points.

Register Now: New Quarterly Bonus Categories

If you haven’t yet done so, you’ll want to register for the fourth quarter 2020 bonus categories on the Freedom Flex Card (the standard Chase Freedom has the same bonuses). Fourth quarter 2020 registration will remain open through December 14, 2020, and is valid for purchases between October 1 and December 31, 2020.

In Q4 2020, the Chase Freedom Flex is offering 5x points on the first $1,500 spent with PayPal and Walmart.

My Take On Chase Freedom Flex Q4 2020 Bonuses

The Q4 2020 Chase Freedom Flex bonus categories are excellent, in my opinion. Those who shop at Walmart will probably find that bonus category useful, though personally I’m most excited about PayPal. You can make purchases with all kinds of retailers through PayPal, so that should make this quite easy to maximize.

How To Register Your Chase Freedom Flex Card

Registration is easy — just go to the registration page and enter your last name, billing zip code, and the last four digits on your card, and you’ll be registered. You have until December 14, 2020, to register.

How To Make Chase Freedom Flex Points Even More Valuable

To recap, you earn points on the Chase Freedom Flex, and each point can be redeemed for one cent cashback.

However, if you have this card in addition to one of the cards that accrue Ultimate Rewards points, you can transfer these points to Ultimate Rewards. Cards that accrue Ultimate Rewards Cards include the:

So 5% cashback converts into 5x Ultimate Rewards points per dollar with one of the above cards.

Chase Freedom Flex Bonus Summary

The newly introduced Chase Freedom Flex is one of the best no annual fee cards out there. Not only is registration now open for the fourth quarter bonus categories, but you can now start spending with PayPal and Walmart and earning 5x points.

If you have the Chase Freedom or Chase Freedom Flex, you’ll want to register for the Q4 2020 bonus category ASAP, so that you’ll be able to earn 5x points on PayPal and Walmart purchases.

What do you make of the fourth quarter 2020 Chase Freedom Flex bonus categories?

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  1. Last year I was underwhelmed by Paypal (not near a Walmart) but then found Paypal in surprising places so hopefully I can hit it again with holiday spend too!

  2. @Anthony Thomas
    You’re a 10%-er. 😉

    “Ninety percent of Americans live within 10 miles of a Walmart store.” ( and they’ll ship to the other 10%.

  3. I got the Freedom 2 weeks ago, just before it became no longer available, as I did not want to leave the 20K UR on the table.

    Will get Flex later.

    The PayPal category for Q4 is wonderful – easy 7,500 points

  4. Probably a dumb question but going for it anyway; can one pay for Walmart online via Paypal and stack these two?

  5. I guess technically I live within 10 miles of a Wal-Mart, but it would take driving by about 4 Targets where I’d prefer to shop anyway. LOL.

    Maybe a little PayPal love but I doubt I will max this out.

  6. No Walmart near me but is frequently cheaper than Amazon and occasionally listed on shopping portals including Rakuten. Currently per Cashback Monitor only Choice Hotel points offered (yawn) .

    They have free shipping on heavy items with $50 purchase – my go to source of Gatorade by the case.

    This card will be on my next application marathon

  7. Totally unrelated: Pan Am has returned, Lucky… check them out:


    And they are currently selling 300,000 shares for $1,000/ea — get your checkbooks ready!

  8. If you hold the three cards by Chase either the CSR or Sapphire card and the Freedom and Freedom Unlimited cards, then changing to Flex is not that necessary at the moment. The same perks as flex are now being offered on the Chase Freedom Unlimited Card. When that card stops offering the perks, then it would make sense to change your 5% rotating category Freedom card to a Freedom Flex.

  9. Okay… all you experienced stackers out there…..

    If I use my Freedom to buy something from Walmart and at check out use PayPal to buy the item/s, am I getting 10x points??

    This should make up for my weak Q3 shopping…. (not a big Amazon user)

  10. No, that’s not the way it works. You get 5x return on the Payal or Walmart transactions. So if you use Paypal at Walmart, that will be coded as a Paypal transaction only.

  11. I read the bonus as “purchases made at Walmart using PayPal.” Isn’t that just one very specific category of “purchases made using PayPal at Walmart?”

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