The Chase Freedom FlexSM Credit Card (review) is an incredible no annual fee card belonging to Chase’s Freedom portfolio, which can help you maximize your points thanks to its quarterly bonus categories.
With it being a new quarter, this is a reminder that the Q4 2021 5x points categories are live as of today, so start adjusting your spending accordingly. If you haven’t yet registered, make sure you do so. 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
The 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.
Chase Freedom Flex Q4 2021 bonus categories
For the fourth quarter of 2021, the Freedom Flex Card is offering 5x points on the first $1,500 spent at Walmart and PayPal. As far as key dates go:
- You need to register between September 15 and December 14, 2021
- If you register, you’ll earn 5x points between October 1 and December 31, 2021
How to register your Chase Freedom Flex
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.
What’s included with Chase Freedom Flex Q4 2021 bonus categories?
There’s often some confusion about what purchases qualify with the bonus categories, so let me recap Chase’s definitions.
Here are the terms with the PayPal bonus category:
Includes purchases made using your Chase Freedom Flex card with PayPal. Purchases made using PayPal at merchants in the current 5% quarterly categories will be awarded a total of 5% Cash Back rewards on up to $1,500 in combined purchases. Payments made through the Xoom transfer service are not eligible for 5%. Must have/open a PayPal account. Please note, Friends and Family or Person-to-Person (P2P) transactions made with your Chase Freedom Flex card on PayPal may be prohibited or not eligible for 5%.
Here are the terms with the Walmart bonus category:
Purchases in the ‘Walmart’ category include purchases at Walmart Discount Stores, Walmart SuperCenters, Walmart Neighborhood Markets, www.walmart.com, Walmart branded gas stations operated by Walmart, any other Walmart branded retail stores operated by Walmart and purchases made with Walmart Pay. Please note that merchants operating within or on Walmart premises such as merchants that sell fast food, beauty services, and gas stations that are not Walmart branded are not included in this category. Walmart affiliate businesses such as Sam’s Club and local delivery merchants such as Shipt are also not included in this category.
My take on Chase Freedom Flex Q4 2021 bonus categories
Personally I think the Q4 2021 bonus categories should be pretty easy to maximize:
- Walmart is a popular retailer where it can be tough to otherwise earn bonus points, so many should be able to get value with that
- Personally I plan on maxing out this bonus category with PayPal purchases, since lots of online retailers accept PayPal in addition to credit cards; for example, you can pay your federal income taxes with PayPal for a fee of under 2% with payUSAtax
How to make Chase Freedom Flex points 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.
The Chase Freedom Flex is one of the best no annual fee cards out there, thanks largely to the ability to earn 5x points in rotating quarterly categories.
With it being a new quarter, you can now start taking advantage of the Q4 2021 bonus categories. This allows you to earn 5x points with PayPal and Walmart. Those should be some pretty easy to maximize bonus categories, in my opinion.
What do you make of the fourth quarter 2021 Chase Freedom Flex bonus categories?