The Chase Freedom credit card is obtaining a makeover. On Sept. 15, 2020, Chase is launching a new edition of the card, identified as the Chase Liberty Flex. The new card will have lots of of the identical added benefits as the prior Chase Independence but with a good deal a lot more worth. The current model of the card will no lengthier be offered to new candidates immediately after Sept.14, and present cardholders will have the decision of trying to keep their current card or changing their account to the new one particular.
Crucial Takeaways
- Chase has declared a new credit card termed the Liberty Flex, changing the Chase Liberty.
- The new card gives the identical rotating reward categories but with new ways to increase rewards.
- Cardholders will also be suitable for Mastercard Globe Elite benefits.
- Existing Chase Independence cardholders can keep their recent card or change to the new a person.
What to Know About the Chase Flexibility Flex
The current Chase Liberty card delivers 5% cash back on quarterly rotating classes (up to $1,500 put in just about every quarter), when cardholders activate that marketing, as perfectly as 1% back again on every little thing else.
The new Chase Independence Flex features those people exact same rewards charges, but also provides the subsequent:
- 5% again on journey booked by means of Chase Greatest Benefits
- 3% back on eating, which includes takeout and suitable shipping and delivery companies
- 3% back on drugstore purchases
New cardholders will get paid $200 dollars back again immediately after they invest $500 in the first three months, additionally 5% income back on up to $12,000 in grocery retail store buys in the course of their 1st yr.
In addition to the new rewards application, cardholders will also be suitable for the positive aspects of the Mastercard Environment Elite method, which include:
- Up to $1,000 for every 12 months in cell telephone insurance policy (a optimum of $800 per declare) in opposition to destruction and theft if you use the card to fork out your cellular phone bill
- Complimentary ShopRunner membership, which delivers totally free two-day shipping and delivery from a lot more than 200 on the net shops
- A $10 Lyft credit score for every single five rides in a calendar month
- 5% dollars rewards on Boxed buys, which you can use for foreseeable future purchases with the on-line retailer
- Double VIP+ points on film tickets procured by means of Fandango
Additional Price for Vacation Purchases
The Chase Liberty has normally been a valuable credit card, mainly mainly because it enables cardholders to pool details they’ve gained with the Chase Sapphire Chosen, Chase Sapphire Reserve, and Ink Company Preferred credit score playing cards.
All three of these playing cards offer you more value when you use your benefits to book journey by Chase and also allow you to transfer your factors to other travel loyalty courses. With the proper system, you could squeeze even far more worth out of the Independence card than ever ahead of.
The new Liberty Flex card will offer the exact 15-thirty day period introductory % APR on buys advertising as its predecessor. But, if you are far more interested in the benefits, you are going to be hard-pressed to discover a flaw compared to other dollars back playing cards on the market.
If you have a Chase Freedom Endless card, take note that Chase is also boosting its vacation, eating, and drugstore rewards, as described under.