Chase Freedom Flex Card Will Lose Cell Phone Protection, But Will Gain No Foreign Transaction Fees!
The Chase Freedom Flex Mastercard is an excellent no annual fee card thanks to its quarterly 5% categories. While the rewards are marketed as 5% cash back, you’ll actually get 5 Ultimate Rewards points per dollar spent, which can be worth much more than 5% cash.
The Freedom Flex also earns 5x points on Chase Travel and 3x points on dining and drug stores.
Unfortunately, the card’s cell phone protection will end after 9/19. That covers the cost of a stolen or damaged phone up to $800, if you pay the bill on your card.
There are other cards that cover cell phones, such as the Ink Business Preferred® Credit Card. That card comes with $1,000 of coverage if you pay the bill on your card, and earns 3x points on cell phone spending. Or the Capital One Venture X Rewards Credit Card and Venture X Business Card come with $800 of coverage if you pay the bill on your card, and earns 2x miles on all purchases.
In its place, the foreign transaction fee will be removed as of 9/20. That’s fantastic news, as the current 3% fee makes the card rarely worth using when abroad. Starting 9/20, you can use the card for dining and drug stores abroad to earn 3x points or in the rotating categories to earn 5x points with no foreign transaction fees!
We reached out to Chase to see if any other cards, such as the Freedom Visa or Freedom Unlimited, will have their foreign transaction fees removed, but the bank had no comment on other changes.
Will you use your Freedom Flex card when abroad starting 9/20?
