Freedom vs Freedom Flex

Every figure below is from the same dataset Miles computes its recommendations from. Rows the two cards agree on are collapsed at the bottom.

Economics

Dollar figures are per year unless the row says otherwise. Ongoing annual value is Miles' estimate of what the card adds per year after its annual fee: statement credits discounted for realistic use, benefits, and earning above a strong flat-rate card on a typical spending profile. First-year value is a separate net figure that includes the welcome bonus. A welcome bonus shown at its advertised maximum may not be available to every applicant; that figure is not marked as stronger. ★ marks the stronger comparable figure on other rows, and no row is marked when either figure is unknown.
Figure	Freedom Chase	Freedom Flex Chase
Ongoing annual value, after fee	$271	Best: $308 $37/yr more
First-year value	$151	Best: $433 $282/yr more
Foreign transaction fee	3%	Best: None
Authorized user fee	—Unknown	—Unknown
Network	Visa	Mastercard

Sign-up Bonus

The current welcome offer as recorded in the dataset. No winner is marked: a bonus is points times a valuation times a spend requirement you may or may not clear, and the first-year value above already prices it.
Offer	Freedom Chase	Freedom Flex Chase
Current offer	—Unknown	$250 (*awarded as 25,000 points) after spending $500 in the first 3 months

Earning

Percentages are the return on a dollar spent: the multiplier times what Miles values those points at. ★ marks the higher return on a row. Categories only one card earns a bonus on are marked for that card; the other earns its base rate.
Category	Freedom Chase	Freedom Flex Chase
Travel booked through Chase Travel	—Unknown	Best: 5X7.5%
Dining	—Unknown	Best: 3X4.5%
Drugstores	—Unknown	Best: 3X4.5%
Dining (October to December 2026) up to $1.5K total spend per quarter. Requires activation.	5X7.5%	Best: 7X10.5%

Benefits

Statement credits, lounge access and elite status as listed in the dataset; protections are counted, not listed. No winner is marked: twelve small credits are not more than two large ones, and the row that prices them, ongoing annual value, is under Economics.
Benefit	Freedom Chase	Freedom Flex Chase
Statement credits	Instacart: $10 (Quarterly) DoorDash Grocery/Retail, quarterly: $10 (Quarterly)	DoorDash Grocery/Retail, quarterly: $10 (Quarterly)
Lounge access	—Unknown	—Unknown
Elite status	—Unknown	—Unknown
Protections	4	4

The same on both cards (8)

Rows where both cards state the same figure or the same earning rate. Nothing is marked, because there is no stronger side.
Fact	Freedom	Freedom Flex
Annual fee	$0	$0
Issuer	Chase	Chase
Rewards currency	Chase Ultimate Rewards	Chase Ultimate Rewards
Card type	Personal	Personal
All other purchases	1X1.5%	1X1.5%
American Red Cross (October to December 2026) up to $1.5K total spend per quarter. Requires activation.	5X7.5%	5X7.5%
Grocery stores (October to December 2026) up to $1.5K total spend per quarter. Requires activation.	5X7.5%	5X7.5%
Lyft (through 9/30/2027)	2X3%	2X3%

Which one is right for you

This page shows the difference. It does not pick: the winner depends on what you spend and what you already hold, and adding these figures up without knowing that would be a guess dressed as a verdict. Ask Miles and it computes the answer against your own wallet.

Ask Miles which to get