Chase Freedom Flex℠ Travel Insurance: What You Need to Know
Review
Updated
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The Chase Freedom Flex® credit card (see rates and fees) has some valuable and well-known benefits, such as the ability to earn 5% cash back in rotating categories you activate ($1,500 spending limit quarterly) and a lengthy 0% intro APR period. This Chase credit card also offers some high-value travel benefits, such as trip cancellation and interruption insurance, although you won't get the lost luggage insurance and travel accident insurance you'd get from some of Chase's premium travel credit cards.
The Chase Freedom Flex® credit card comes in a World Elite Mastercard and offers the same benefits you'd get from any other World Elite Mastercard.
As far as travel benefits are concerned, all Chase Freedom Flex® credit cards come with auto rental collision damage waiver benefits, as well as roadside assistance.
Good/Excellent (670-850)
Intro APR 0% Intro APR on Purchases
Purchases: 0% Intro APR on Purchases, 15 months
Balance Transfers: 0% Intro APR on Balance Transfers, 15 months
Regular APR
18.99% - 28.49% Variable
Rewards 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! Plus, earn 5% cash back on travel purchased through Chase Travel℠, 3% on dining and drugstores, and 1% on all other purchases.
5% cash back offer
Annual Fee
$0
Welcome Offer Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening!
$200 bonus
This Chase card is one of our favorites, and with good reason. You earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate, alongside other standout perks (and at least 1% on all purchases). Plus, this one comes without an annual fee and with a generous welcome bonus.
This benefit can save you money when you travel by allowing you to decline your car rental company's insurance protection. The auto rental collision damage waiver covers damage that results from theft or collisions for rental vehicles, both in the U.S. and while traveling internationally.
The coverage is secondary to your own auto insurance and covers physical damage and theft, in addition to towing charges and the rental car company's loss of use. It does not cover injuries, vehicles obtained from ridesharing services, personal belongings, or exotic/expensive vehicles -- just to name some of the most common exclusions.
Chase Freedom Flex® cardholders are also entitled to roadside dispatch benefits. While this benefit is not free (there's a pay-per-use fee), it does provide services such as towing your vehicle up to five miles, tire changing, jump starting, lockout service, and fuel delivery.
If your trip is cancelled or cut short (interrupted) for covered reasons, such as sickness or inclement weather, you can be reimbursed for up to $1,500 per person or $6,000 per trip. Eligible expenses include things like airfare, tours, and hotels that were prepaid on your Chase Freedom Flex® card and are nonrefundable.
To illustrate how valuable this benefit could be, let's say that you prepaid $1,000 for two airline tickets and also prepaid $1,500 for a hotel room for a trip. If you get too sick to travel (verified by a physician), you would ordinarily have to eat at least a portion of this cost, if not the entire amount -- unless you purchased travel insurance elsewhere.
While the Chase Sapphire Preferred® Card offers more extensive travel insurance, it also comes with an annual fee. The same is true for the Chase Sapphire Reserve®. But with the Chase Freedom Flex® card, you'll get all these perks with no annual fee. There's typically a pretty lucrative introductory bonus offer for new Chase cardholders, so be sure to check out our frequently updated Chase Freedom Flex® for the most current information.
Here are some other questions we've answered:
We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.
| Offer | Our Rating | Welcome Offer | Rewards Program | APR | Learn More |
|---|---|---|---|---|---|
|
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
Discover will match all the cash back you’ve earned at the end of your first year. | 1% - 5% Cashback Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases. |
Intro: Purchases: 0%, 15 months Balance Transfers: 0%, 15 months Regular: 18.24% - 27.24% Variable APR |
|
|
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
$200 cash rewards Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. | 2% cash rewards Earn unlimited 2% cash rewards on purchases. |
Intro: 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers Purchases: 0% intro APR, 12 months from account opening Balance Transfers: 0% intro APR, 12 months from account opening on qualifying balance transfers Regular: 19.24%, 24.24%, or 29.24% Variable APR |
|
Apply Now for Bank of America® Travel Rewards credit card
On Bank of America's Secure Website. |
Rating image, 4.00 out of 5 stars.
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
25,000 points 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases | 1.5-3 points per dollar Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees, and your points don't expire as long as your account remains open. Earn 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center. |
Intro: 0% Intro APR for 15 billing cycles for purchases. 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 18.24% - 28.24% Variable APR on purchases and balance transfers will apply. A 3% fee for 60 days from account opening, then 4% fee applies to all balance transfers. Balance transfers may not be used to pay any account provided by Bank of America. Purchases: 0% Intro APR for 15 billing cycles for purchases Balance Transfers: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days Regular: 18.24% - 28.24% (Variable) |
Apply Now for Bank of America® Travel Rewards credit card
On Bank of America's Secure Website. |
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