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2021 analysis: Chase Freedom Flex℠ vs Blue Cash Everyday® Card from American Express

Chase easily takes the win thanks to the Flex’s raw earning power.

The winner: Chase Freedom Flex℠

Up to 5%

Cash back

  • 5% back in rotating categories on up to $1,500 quarterly, then 1%
  • New rewards on travel, dining and drugstores
  • No annual fee
See offer

The main difference between the Chase Freedom Flex℠ by Mastercard and the Blue Cash Everyday® Card from American Express is the raw cashback rate on select categories. With the Freedom Flex, you earn 5% back on two categories — one of which rotates every quarter and one on travel through the Chase travel portal — as well as 5% back on restaurants and drug stores, and 1% back on all other purchases. On the other hand, the Blue Cash Everyday earns just 3% back in reward dollars on one category, 2% back on two categories and 1% back on all other purchases, which you can redeem for statement credit.

Head-to-head: Chase Freedom Flex℠ vs Blue Cash Everyday® Card from American Express

Chase Freedom Flex℠

Chase Freedom Flex℠

Terms apply, see rates & fees

Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

Terms apply, see rates & fees

Finder rating
Finder rating

★★★★★

4.7 / 5.0

★★★★★

4.6 / 5.0
Best for
Best for
  • Long intro APR period and cash back in rotating categories
  • Cash back on groceries and gas
Welcome offer
Welcome offer

$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores (not including Target® or Walmart®) on up to $12,000 in the first year

Up to $250: 20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 statement credit after spending $2,000 within the first 6 months

Rewards
Rewards

5% cash back on up to $1,500 combined in quarterly categories you activate, 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases

3% at US supermarkets on up to $6,000 per year (then 1%), 2% at US gas stations and select US department stores and 1% on all other purchases (redeem as statement credit)

Purchase APR
Purchase APR

0% intro APR for 15 months, and then 14.99% to 23.74% variable

0% intro APR for 15 months, and then 13.99% to 23.99% variable

Annual fee
Annual fee $0 $0
Balance transfer APR
Balance transfer APR 14.99% to 23.74% variable

N/A

Cash advance
Cash advance

APR: 24.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

APR: 25.24% variable

Fee: $10 or 5% of the transaction, whichever is greater

Foreign transaction fee
Foreign transaction fee 3% of each transaction 2.7% of each transaction
Late payment fee
Late payment fee Up to $39 Up to $40
Additional cardholder fee
Additional cardholder fee $0 $0
Interest-free period
Interest-free period 21 days 25 days
Minimum interest
Minimum interest $0 $0
Minimum credit score
Minimum credit score 670 670
Card type
Card type Credit Credit
Learn more
Learn more

Read review

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Rewards breakdown: Chase Freedom Flex℠ vs Blue Cash Everyday® Card from American Express

It’s important to understand the rewards structure of each card as rewards are the single most important factor needed to decide between them.

Chase Freedom Flex℠ rewards

These are the rewards for the Chase Freedom Flex℠:

  • 5% cash back in quarterly rotating categories on up to $1,500 in combined purchases each quarter, then 1% after that
  • 5% cash back on Lyft rides through March 2022
  • 5% back on travel purchase through Chase Ultimate Rewards
  • 5% back at drugstores
  • 3% back at restaurants, including takeout and delivery
  • 1% cash back on all other purchases

What are Chase Freedom Flex’s bonus categories?

Check out the Chase Freedom Flex℠ bonus categories for 2021. Rotating categories aren’t the same every year. You might see categories such as mobile wallets, warehouse spending, department stores and phone service merchants.

How to maximize your rewards with the Chase Freedom Flex℠

The best tip for squeezing the most rewards from your Chase Freedom Flex℠? Spend more in bonus categories, but on things you’ll need anyway in the near future. For a full break down, read more about earning Chase Ultimate Rewards points.

Blue Cash Everyday® Card from American Express rewards

These are the rewards for the Blue Cash Everyday® Card from American Express:

  • 3% cash back at US supermarkets on up to $6,000 in purchases per calendar year, then 1% after that.
  • 2% cash back at US gas stations and select US department stores.
  • 1% cash back on other eligible purchases.

You earn the cash back in reward dollars, which you can redeem for statement credit.

Pro tip

To boost your rewards, consider using a flat-rate cashback card for the Blue Cash Everyday® Card from American Express‘s non-bonus categories. The Citi® Double Cash Card is a great choice, offering 1% cash back on all purchases and another 1% as you pay them off.

Chase Freedom Flex℠ vs Blue Cash Everyday® Card from American Express: Who wins in other benefits?

The cards are relatively similar in other respects, though they still have differences.

Annual and foreign transaction fees.

You won’t pay an annual fee with either card.

However, both cards charge foreign transaction fees. Chase’s card has a 3% fee and Amex’s has a 2.7% fee. If you’ll be traveling abroad, pick up a no foreign transaction fee card.

  • Winner: Blue Cash Everyday® Card from American Express

Welcome offer

The Chase Freedom Flex℠ offers a $200 signup bonus after you spend $500 within the first 3 months. You’ll also earn 5% cash back on grocery store purchases on up to $12,000 spent in the first year. This does not include Walmart or Target. On the other hand, the Amex card needs you to spend $2,000 within your first 6 months to earn a $100 statement credit. New to the Amex card is the ability to earn 20% back on Amazon purchases on up to $150 total during that same time frame. This lets the Blue Cash Everyday squeak ahead in terms of value provided you shop with Amazon and meet the cap. Combined with the extended time allowed to earn the bonuses and Amex just pulls ahead on this one.

  • Winner: Blue Cash Everyday® Card from American Express

Intro APR

Both cards offer an intro APR of the same length on purchases. Each offers similar ongoing APRs, though you may receive a lower APR with the Amex card. At the time of this writing, neither offer an intro APR on balance transfers.

Keep in mind that scoring the lowest APR likely requires an excellent credit score.

  • Winner: Tie

Interest grace period

The Chase Freedom Flex℠ has a 21-day grace period, while the Amex card has a 25-day grace period. This might be significant if you typically need a few more days to pay your bill each month before accruing interest.

  • Winner: Chase Freedom Flex℠

Penalty APR

The Chase Freedom Flex℠ doesn’t have a penalty APR. Meanwhile, the Blue Cash Everyday® Card from American Express has a 29.99% variable penalty APR that may be assessed if you make a late or returned payment.

  • Winner: Chase Freedom Flex℠

Compare Chase Freedom Flex℠ vs. Blue Cash Everyday® Card from American Express

Name Product Welcome offer Rewards Annual fee Filter values
Chase Freedom Flex℠
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores (not including Target® or Walmart®) on up to $12,000 in the first year
5% cash back on up to $1,500 combined in quarterly categories you activate, 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases
$0
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Blue Cash Everyday® Card from American Express
Up to $250: 20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 statement credit after spending $2,000 within the first 6 months
3% at US supermarkets on up to $6,000 per year (then 1%), 2% at US gas stations and select US department stores and 1% on all other purchases (redeem as statement credit)
$0
Earn up to $250. You'll get 20% back on Amazon.com purchases in the first six months for up to $150 back, and $100 after you spend $2,000 in the first six months. This is a higher-than-average welcome offer for a card with no annual fee. Terms apply, see rates & fees
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Bottom line: Chase Freedom Flex℠ vs Blue Cash Everyday® Card from American Express

There’s no doubt about it — the Chase Freedom Flex℠ is a way more rewarding option than the Blue Cash Everyday Card. In fact, there’s not a single segment where the Blue Cash Everyday beats the Freedom Flex to make it the better choice.

The Chase Freedom Flex℠ is already rewarding enough on its own. But to maximize the rewards, consider adding the Freedom Unlimited and Chase Sapphire Reserve® to your wallet to make the Chase trifecta combo.

But if none of these cards seem appealing enough, compare other cashback cards.

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