The main difference between the Chase Freedom Flex℠ by Mastercard and the Blue Cash Everyday® Card from American Express is the raw cashback rate on select categories. With the Freedom Flex, you earn up to 5% back. Some of the accelerated rewards categories rotate each quarter, and some apply year-round. On the other hand, the Blue Cash Everyday only earns up to 3% back in select categories. Show
It’s important to understand the rewards structure of each card as rewards are the single most important factor needed to decide between them. Chase Freedom Flex℠ rewardsThese are the rewards for the Chase Freedom Flex℠:
What are Chase Freedom Flex℠‘s bonus categories?Check out the Chase Freedom Flex℠ bonus categories for 2022. Rotating categories aren’t the same every year. You might see categories such as mobile wallets, warehouse spending, department stores and phone service merchants. How to maximize your rewards with the Chase Freedom Flex℠The best tip for squeezing the most rewards from your Chase Freedom Flex℠? Spend more in bonus categories, but on things you’ll need anyway in the near future. For a full break down, read more about earning Chase Ultimate Rewards points. Blue Cash Everyday® Card from American Express rewardsThese are the rewards for the Blue Cash Everyday® Card from American Express:
You earn the cash back in reward dollars, which you can redeem for statement credit. Pro tipTo boost your rewards, consider using a flat-rate cashback card for the Blue Cash Everyday® Card from American Express‘s non-bonus categories. The Citi® Double Cash Card is a great choice, offering 1% cash back on all purchases and another 1% as you pay them off. The cards are relatively similar in other respects, though they still have differences. Annual and foreign transaction fees.You won’t pay an annual fee with either card. However, both cards charge foreign transaction fees. Chase’s card has a 3% fee and Amex’s has a 2.7% fee. If you’ll be traveling abroad, pick up a no foreign transaction fee card.
Welcome offerThe Chase Freedom Flex℠ offers a $200 signup bonus after you spend $500 within the first 3 months. You’ll also earn 5% cash back on grocery store purchases on up to spent in the first year. This does not include Walmart or Target. While the Amex card earns more up front with its offer, it can’t match the potential value of the Flex’s bonus to grocery rewards.
Intro APRBoth cards offer an intro APR of the same length on purchases. Each offers similar ongoing APRs, though you may receive a lower APR with the Amex card. At the time of this writing, neither offer an intro APR on balance transfers. Keep in mind that scoring the lowest APR likely requires an excellent credit score.
Interest grace periodThe Chase Freedom Flex℠ has a 21-day grace period, while the Amex card has a 25-day grace period. This might be significant if you typically need a few more days to pay your bill each month before accruing interest.
Penalty APRThe Chase Freedom Flex℠ doesn’t have a penalty APR. Meanwhile, the Blue Cash Everyday® Card from American Express has a 29.99% variable penalty APR that may be assessed if you make a late or returned payment.
There’s no doubt about it — the Chase Freedom Flex℠ is a way more rewarding option than the Blue Cash Everyday Card. In fact, there’s not a single segment where the Blue Cash Everyday beats the Freedom Flex to make it the better choice. The Chase Freedom Flex℠ is already rewarding enough on its own. But to maximize the rewards, consider adding the Freedom Unlimited and Chase Sapphire Reserve® to your wallet to make the Chase trifecta combo. But if none of these cards seem appealing enough, compare other cashback cards. Are there other rotating-cashback cards? Why should I consider a flat-rate cashback card? Should I pay an annual fee for a cashback card?
Who is better Amex or Chase?Bottom Line: Amex Membership Rewards is slightly more valuable than Chase Ultimate Rewards, thanks to an abundance of amazing airline transfer partners like ANA Mileage Club. However, Chase Ultimate Rewards points can be redeemed for fantastic value, too, particularly with unique partners like World of Hyatt.
Is the Amex Blue cash worth it?Is the Amex Blue Cash Everyday card a good credit card? Yes, it's an excellent credit card. If you're looking for a no annual fee cash-back card that offers bonus rewards on purchases at U.S. supermarkets, U.S. gas stations, and on U.S. retail purchases, then this card might be the perfect option for you.
Is Amex Blue cash hard to get?Yes, the Blue Cash Everyday® Card from American Express it is hard to get because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Amex Blue Cash Everyday.
Why is Chase better than American Express?The Chase Ultimate Rewards® travel portal offers more value per point and a wider range of redemption options than Amex.
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