Earn 5% on groceries in the first year

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grocery shopper

Earn up to $600 cashback in your first year on groceries with Chase Freedom Flex and Freedom Unlimited.

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  • Chase Freedom Flex℠ and Chase Freedom Unlimited® are the best reward cards with no annual fees to earn cash on popular spending categories.
  • With food prices inflated, and the holiday season quickly approaching, both Freedom cards are offering 5% return on groceries as part of their welcome bonus.
  • New cardholders can now earn 5% grocery shopping (not including Target and Walmart) on the first $12,000 spent annually.
  • Read Insider’s Guide to the Best Grocery Store Credit Cards.

Chase Freedom Flex℠ and Chase Freedom Unlimited® are the best games Rewards cards with no annual fee Available now. They offer high payout rates in common spending categories (such as eating out, Traveland purchases from pharmacies), as well as flexible refund options.

With record inflation rates on groceries, and the holiday season just around the corner, Chase has added a new grocery category to Chase Freedom Flex and Chase Freedom Unlimited® as part of their welcome bonus (offers may vary). In addition to earning a $200 bonus after spending $500 on purchases in the first three months of account opening, new cardholders can earn 5% cashback on grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year .

These offers are not available through Insider; You will have to apply directly through Chase to get these deals.

This is what you get with Freedom Cards.

Premium Insider Credit Cards for Grocery Stores

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$200 cash back bonus after spending $1,000 in purchases in the first 3 months of account opening

Earn 2% unlimited cash back rewards on purchases.

80,000 Bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

Earn 3x ThankYou® Points at restaurants and supermarkets. Earn 3x ThankYou® Points at gas stations, air travel and hotels. Earn 1x ThankYou® Points on all other purchases

60,000 bonus points after you spend $4,000 on purchases in the first 3 months of account opening

Earn 5 times more points on all flights purchased with Chase Ultimate Rewards. Earn 3x points on food, including eligible delivery, dining out and dining out. Earn 3 times more points on selected streaming services. Earn 3X Points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn double points on other flights. Earn 1x point per dollar on everything else.

Here we focus on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it is important that you pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Chase Freedom Flex and Freedom Unlimited Offer: Earn a $200 Bonus Plus 5% Back on Groceries for the First Year

New Chase Freedom Flex and Chase Freedom Unlimited® cardholders can earn 5% cash back at grocery stores (excluding Target and Walmart) on up to $12,000 spent in the first year as part of the welcome bonus offer when applying directly through Chase. This means you can earn up to $600 in cash annually on grocery store purchases alone.

For example, if you spend $500 on groceries per month, you will easily earn $25 in cash. And with breakfasts, lunches, dinners, family gatherings, and more on the way, some extra cash can help make holiday celebrations less stressful.

Otherwise, Chase Freedom Flex and Chase Freedom Unlimited® have very similar spending categories. There are still some slight differences.

What you get Freedom Unlimited and Freedom Flex

If you are interested in applying for one of the Chase Freedom cards, you should compare the different spending categories to find the one that works for you.

The Chase Freedom Unlimited® earns:

  • 5% back on travel purchased through Chase Ultimate Rewards
  • 3% refund on dining in restaurants (including takeout and eligible delivery services)
  • 3% return on pharmacy purchases
  • 1.5% refund on all other purchases

It is important to note that all Chase Freedom Unlimited® reward categories earn unlimited rewards, Except For grocery purchases – up to a limit of $12,000 spent in the first year as part of the new cardholder’s reward. Unlimited cashback is this card’s selling point (and even part of the card’s name), so the spending cap is sure to stay prominent.

However, $12,000 a year on groceries is arguably more than reasonable, depending on how much you usually spend, and you can still earn a bunch of cash. So even though the limit on grocery purchases goes against the image of the card, it won’t actually affect most people’s rewards.

The Chase Freedom Flex earns:

  • 5% back on up to $1,500 of combined purchases at Categories that are rotated every quarter (then 1% back)
  • 5% back on travel purchased through Chase Ultimate Rewards
  • 3% refund on dining in restaurants (including takeout and eligible delivery services)
  • 3% return on pharmacy purchases
  • 1% refund on all other purchases

Chase Freedom Flex’s quarterly reward categories have previously included popular spend categories such as gas stations, groceries and select online merchants. Currently, the card’s Q4 reward categories (October through December 2022) are Walmart and PayPal purchases.

Chase Freedom ‘cashback’ is more valuable than it looks

Chase Freedom credit cards are marketed as cash back cards, but the rewards they earn are actually Chase Ultimate Rewards points. This is where their true strength lies.

You can exchange it for cash at a rate of 1 cent each. But if you also hold a Chase Sapphire Preferred®, Chase Sapphire Reserve®, or Ink Business Unlimited® Credit Card, you can:

No matter how you prefer to redeem your rewards, both Chase Freedom cards allow you to earn cash and points quickly. The ability to earn 5% cashback (5x points) on all grocery purchases is impressive — again, considering there are no annual fees involved.

If groceries are one of your highest spending categories, you can check them out The Insider’s Guide to the Best Grocery Store Credit Cards. And for more ways to save on food purchases, check out Best dining credit cardsAnd the Best credit cards for food delivery.

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