What credit score is needed for Chase Freedom Flex?

Asked by: Miss Anissa Lemke DVM  |  Last update: February 9, 2022
Score: 4.3/5 (47 votes)

You'll need a good to excellent credit score (a FICO score of 670 or higher) to qualify for the Freedom Flex.

Is the Chase Freedom Flex hard to get?

Yes, the Chase Freedom Flex℠ is hard to get because it requires at least a good credit score for approval. This means that applicants need a credit score of around 700+ to have decent odds of getting approved for Chase Freedom Flex.

What is the easiest Chase credit card to get?

The easiest Chase credit card to get is the Chase Freedom® Student credit card because applicants can get approved with limited credit. This means the odds of approval are good even for people who are new to credit, making the Chase Freedom® Student credit card much easier to get than other Chase credit cards.

What FICO score does Chase Bank use?

Which Credit Bureau Does Chase Use Most? Chase primarily uses Experian as its credit bureau, but also uses TransUnion and Equifax for certain cards in certain states.

What is the minimum credit limit for Chase Freedom?

Here's why: The Chase Freedom Unlimited® offers a $500 minimum credit limit, but the limit is at least $5,000 if you're approved for the Visa Signature® version of the card. Beyond those minimum limits, this card offers plenty of opportunities to earn cash back.

APPROVED for Chase Freedom Flex: My Strategy EXPLAINED

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How do I qualify for Chase Freedom Flex?

You'll need a good to excellent credit score (a FICO score of 670 or higher) to qualify for the Freedom Flex.

Is Chase Freedom Flex worth it?

The bottom line

The Chase Freedom Flex℠ is a good addition for just about any Chase Ultimate Rewards® collector. A $0 annual fee means that there's essentially no risk in trying the card out, and the large selection of high-earning bonus categories means this card offers tons of earning potential.

Can you have both Chase Freedom and Freedom Flex?

Yes, you can have both Chase Freedom Unlimited and Chase Freedom Flex. Having both the Freedom Unlimited and Freedom Flex cards can be a good idea, because their rewards programs work well together and neither card has an annual fee.

Is it easy to get approved for Chase Freedom?

You'll need good to excellent credit to qualify for the Chase Freedom Unlimited®. Generally speaking, this is defined as a credit score of 690 or better. But a credit score alone isn't enough to qualify for any credit card. Issuers take into account your income, existing debts and other information.

Is Chase Freedom Unlimited hard to get approved?

Chase Freedom Unlimited® is fairly hard to get, as it requires at least good credit for approval, meaning a minimum credit score of 700. ... Applicants for Chase Freedom Unlimited will also need an annual income that demonstrates an ability to make at least the card's minimum payment every month.

Is Chase Freedom Flex A Mastercard?

Finally, since the Chase Freedom Flex℠ is now a World Elite Mastercard, enjoy these additional benefits: Cell phone protection with up to $1,000 in yearly coverage (up to $800 per claim, with two per year) that covers theft and damage. Simply pay your cell phone bill with your Chase Freedom Flex℠ to qualify.

What is the difference between Chase Freedom and Chase Freedom Flex?

The Chase Freedom Flex gives an additional 5% back on up to $1,500 spent in quarterly bonus categories (then 1% back) and 1% back on all regular spending. Meanwhile, the Chase Freedom Unlimited offers a flat 1.5% back on regular, non-bonus purchases.

Will applying for a credit card hurt my credit score?

Applying for a credit card and being denied can be frustrating—especially if you're worried it might impact your credit scores. ... Instead, applying may lower your credit scores—usually by just a few points, according to credit-scoring company FICO®—because applying for a credit card will trigger a hard inquiry.

What type of Mastercard is Chase Freedom Flex?

Interest rate: 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 14.99%-23.74% Variable APR. Foreign transaction fee: 3%. Other benefits: The Chase Freedom Flex is a World Elite Mastercard, meaning you'll get perks like: Cell phone insurance.

What credit card do billionaires use?

The American Express Centurion Card is the most exclusive credit card in the world and commonly known as the “Amex Black Card.” Launched in 1999, American Express has kept it in a shroud of uncertainty, giving it a very high level of status in the minds of consumers.

What hurts credit score the most?

It's a close one, but your payment history is what lowers your credit score the most. Since payment history affects 35% of your FICO® Score, it's not a good idea to fall behind on your payments. ... If a lender reports a missed payment, that can stay on your credit report for up to 7 years.

Can paying off your entire credit card balance lower your credit score?

Paying off a credit card doesn't usually hurt your credit scores—just the opposite, in fact. It can take a month or two for paid-off balances to be reflected in your score, but reducing credit card debt typically results in a score boost eventually, as long as your other credit accounts are in good standing.

Which one is better freedom flex or unlimited?

If your spending is all over the place, the Chase Freedom Unlimited® might be the better option long term. ... But the Chase Freedom Flex℠ requires you to activate (and keep track of) quarterly categories, and it knocks down your rewards rate to 1% back once you hit the $1,500 quarterly limit.

Why did I get denied for Chase Freedom Unlimited?

Chase Freedom Unlimited® applications could be denied because of a low credit score (below 700), not enough annual income, or too many recent credit inquiries. Other grounds for denial could be incomplete or inaccurate information on the application, or a pending bankruptcy on your credit report.

Is Chase Freedom card being discontinued?

Yes, Chase Freedom was discontinued on September 15, 2020, and it is no longer available to new applicants. Current Chase Freedom cardholders aren't required to change products, though they can upgrade to another rewards credit card from Chase if they'd like.

When should I use Chase Freedom vs Sapphire?

Chase Freedom Unlimited is better for everyday use and intro APRs. But Chase Sapphire Preferred is the clear choice for travel rewards and a big initial bonus. Sapphire Preferred also has a $0 foreign transaction fee, while Freedom Unlimited charges 3% of each transaction in U.S. dollars.

Can you upgrade Chase Freedom Flex to Sapphire Preferred?

You can either: Upgrade your current Chase Freedom Unlimited through a product exchange for the Sapphire Preferred or Sapphire Reserve. Apply for the Sapphire Preferred or Sapphire Reserve through a new application, keeping your current Chase Freedom Unlimited card.

Can you have 2 Chase Freedom unlimited cards?

Although it might seem counterintuitive to have both the Chase Freedom Flex and Freedom Unlimited or to have two of the same card, there are cases where it can be beneficial. With the Freedom Unlimited card, there's no benefit to owning more than one as the card earns 1.5% cash back with no limits on all purchases.

Does Chase Freedom Flex earn Ultimate Rewards points?

Nerdy tip: Chase's "cash-back" credit cards, such as the Chase Freedom Flex℠, the Chase Freedom Unlimited® and the Ink Business Cash® Credit Card, actually earn Ultimate Rewards® points. With those cards, you just redeem your points for cash back.

Which is better Chase Freedom or Discover?

The Chase Freedom Flex℠ is best for those who want to earn an easy sign-up bonus and to lock in consistent, long-term value. Meanwhile, the Discover it® Cash Back is better for those who can maximize their spending in the first year and take advantage of Discover's exclusive cashback match program.