Earn 5% on groceries for the first year

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Grocery

Earn up to $600 first year cash back on groceries with Chase Freedom Flex and Freedom Unlimited.

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  • The Chase Freedom Flex℠ and Chase Freedom Unlimited® are two of the best rewards cards with no annual fee for earning money on popular spending categories.
  • With food price inflation and the holiday season fast approaching, both Freedom cards are offering a 5% discount on groceries as part of their welcome bonuses.
  • New cardholders can now earn 5% back on groceries (not including Target and Walmart) on the first $12,000 spent per year.
  • Read the Insider’s guide to the best grocery credit cards.

The Chase Freedom Flex℠ and Chase Freedom Unlimited® are considered two of the best no-annual-fee rewards cards available today. They offer high earn rates in popular spending categories (such as restaurant, travel, and drugstore purchases), as well as flexible repayment options.

With record inflation rates on groceries and the holiday season fast approaching, Chase has added a new grocery category to Chase Freedom Flex and Chase Freedom Unlimited® as part of their welcome bonuses (the offers may vary). In addition to earning a $200 bonus after spending $500 on purchases within the first three months of account opening, new cardholders can earn 5% cash back on grocery store purchases (at excluding Target and Walmart) up to $12,000 spent in the first year.

These offers are not available through Insider; you will need to apply directly through Chase to get these offers.

Here’s what you’ll get with Freedom Cards.

Insider Featured Credit Cards for Groceries

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$200 cash rewards bonus after spending $1,000 on purchases within the first 3 months of account opening

Earn unlimited 2% cash rewards on your purchases.

80,000 bonus ThankYou® points after spending $4,000 on purchases within the first 3 months of account opening

Earn 3x ThankYou® points in restaurants and supermarkets. Earn 3x ThankYou® points at gas stations, air travel and hotels. Earn 1x ThankYou® points on all other purchases

60,000 bonus points after spending $4,000 on purchases within the first 3 months of account opening

Earn 5x points on all trips purchased through Chase Ultimate Rewards. Earn 3X points on meals, including qualifying delivery services, takeout and restaurants. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs). Earn 2x points on other trips. Earn 1x point per dollar on everything else.

We focus here on the rewards and benefits that come with each card. These cards aren’t worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay off your balance in full each month, make your payments on time, and only spend what you can afford.

Chase Freedom Flex and Freedom Unlimited offer: Earn a $200 bonus plus 5% back on groceries for the first year

New Chase Freedom Flex and Chase Freedom Unlimited® cardholders can earn 5% cash back at grocery stores (excluding Target and Walmart) on up to $12,000 spent in the first year on the welcome bonus offer when you apply directly through Chase. This means you can earn up to $600 in cash back per year on grocery store purchases alone.

For example, if you spend $500 on groceries per month, you’ll easily earn $25 in cash back. And with holiday brunches, dinner parties, family gatherings and more, a little extra cash could help make holiday festivities a little less stressful.

Otherwise, the Chase Freedom Flex and the Chase Freedom Unlimited® have very similar expense categories. Still, there are some minor differences.

What Freedom Unlimited and Freedom Flex offer you

If you want to apply for either Chase Freedom card, you should compare their different spending categories to find the card that’s best for you.

The Chase Freedom Unlimited® wins:

  • 5% back on trips purchased through Chase Ultimate Rewards
  • 3% back on dining at restaurants (includes eligible takeout and delivery services)
  • 3% discount on pharmacy purchases
  • 1.5% cashback on all other purchases

It is important to note that all Chase Freedom Unlimited® bonus categories earn unlimited rewards, except for grocery purchases – which are capped at $12,000 spent in the first year under the new cardholder bonus. Unlimited cash back is the selling point of this card (and even part of the card’s name), so a spending cap definitely stands out.

However, it’s arguable that $12,000 a year on groceries is more than reasonable, depending on how much you usually spend, and you can still make a lot of money. So while the grocery shopping cap goes against the image of the card, it won’t actually affect most people’s rewards potential.

The Chase Freedom Flex gains:

  • 5% back on up to $1,500 in combined purchases in categories that change quarterly (then 1% back)
  • 5% back on trips purchased through Chase Ultimate Rewards
  • 3% back on dining at restaurants (includes eligible takeout and delivery services)
  • 3% discount on pharmacy purchases
  • 1% cashback on all other purchases

The Chase Freedom Flex quarterly bonus categories previously included popular spending categories such as gas stations, grocery stores and some online merchants. Currently, the card’s Q4 bonus categories (from October to December 2022) are Walmart and PayPal purchases.

Chase Freedom’s “cash back” is more valuable than it seems

Chase Freedom credit cards are marketed as cashback cards, but the rewards they earn are actually Chase Ultimate Rewards points. This is where their real power lies.

You can exchange them for cash at the rate of 1 cent each. But if you also have the Chase Sapphire Preferred®, Chase Sapphire Reserve® or Ink Business Unlimited® credit card, you can:

No matter how you prefer to redeem your rewards, the two Chase Freedom cards allow you to earn cash and points quickly. The opportunity to earn 5% cash back (5x points) on all grocery purchases is impressive – again, considering there’s no annual fee involved.

If groceries is one of your highest spending categories, you can check out the Insider’s guide to the best grocery credit cards. And for more ways to save on food purchases, check out the best credit cards for restaurants and the best credit cards for food delivery.

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