Can you have both Chase Freedom and Freedom Flex?

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. May 17, 2021

Is 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. Oct 26, 2021

Can I change my Chase Freedom to Chase Freedom Flex?

If you have the Freedom card, but also want to have Flex, you have two options: Call Chase and request a product change to Flex. Submit a new application for Flex.

Is the Freedom Unlimited or Freedom Flex better?

Chase Freedom Unlimited® is the winner over Chase Freedom Flex℠. Chase Freedom Unlimited wins by the thinnest of margins because of its above-average rewards earning rates on all purchases. The biggest difference between Chase Freedom Flex and Chase Freedom Unlimited is how their ongoing rewards are distributed.

Is Chase Freedom Unlimited hard to get?

Chase Freedom Unlimited® is fairly hard to get, as it requires at least good credit for approval, meaning a minimum credit score of 700. The Chase Freedom Unlimited card is even harder to get with scores lower than that. Jan 4, 2022

What is the 5 24 rule?

What is the 5/24 rule? Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase’s 5/24 rule means that you can’t be approved for most Chase cards if you’ve opened five or more personal credit cards (from any card issuer) within the past 24 months.

Is Chase Freedom same as freedom Flex?

The Chase Freedom Flex and the Freedom Unlimited cards are very similar — both have no annual fee, an introductory 0% APR offer, and matching rewards on travel booked through Chase (5%) as well as dining and drugstores (3%). Dec 2, 2021

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

The Chase Freedom Unlimited rewards you 1.5% on all spending, plus 5% for travel and 3% for dining and drug stores. The Chase Freedom Flex offers bonus categories each quarter that can be activated to earn 5% cash back for a limited time. However, you’ll earn 1% instead of 1.5% cash back on all other purchases. Feb 21, 2022

Can I convert Chase Freedom to Chase Freedom Unlimited?

Yes, you can upgrade your Chase Freedom to Chase Freedom Unlimited. To upgrade, call customer service at (800) 945-2000. The representative will review your account to make sure you’re eligible. 4 days ago

What FICO score do you need for Chase Freedom?

690 or better 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.

Why was Chase Freedom Unlimited denied?

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. Nov 12, 2021

Why did Chase Freedom deny me?

However, the decision letter listed several factors other than my credit score as grounds for denial, including too low of a credit line on my current joint card and too many recently opened accounts. For a long time, I had assumed that paying your bills on time and in full was enough. May 25, 2021

How do I qualify for Chase Freedom Flex?

Are you eligible for the Chase Freedom Flex℠? If you have good credit — a FICO score of 690 or higher — you’re likely eligible. That is, as long as you aren’t afoul of Chase’s “”5/24 rule.”” Chase limits the number of new personal credit cards you can open in a rolling 24-month window.

Is Chase Freedom Flex A Mastercard?

Although these two Freedom cards are both issued by Chase, they run on different card networks — the Chase Freedom Unlimited is a Visa, while the Chase Freedom Flex is a Mastercard. That means the benefits do vary quite a bit between the two cards. Feb 23, 2022

Does closing a credit card hurt your credit?

A credit card can be canceled without harming your credit score⁠; just remember that paying down credit card balances first (not just the one you’re canceling) is key. Closing a charge card won’t affect your credit history (history is a factor in your overall credit score).