Doctor of Credit (H/T) has reported today that the Chase Freedom Flex 4th Quarter 2020 5x categories will be Walmart and Pay Pal transactions. These categories will also be available to those with the old Chase Freedom.

The Chase Freedom Flex and the old Chase Freedom are amazing credit cards for earning Ultimate Rewards (UR) points quickly on select categories. They are best used in conjunction with the Chase Sapphire Preferred, Chase Sapphire Reserve, or the Chase Ink Business Preferred. This is because you can transfer points earned with either card to any of the above cards for access to transfer partners.



This is the second year in a row that Chase is offering 5x Ultimate Rewards (UR) points (or 5% cash back) at Walmart. But in 2020, the Walmart category is extended to brick-and-mortar stores.

Conversely, the Discover It is offering 5% cash back at Target,, and for the 4th Quarter. You can use both the Freedom Flex (and/or old Freedom) and the Discover It together to get 5% or 5x UR points at two of the biggest mass retailers in America and from

Pay Pal is also interesting because you can purchase almost anything and easily earn 5x points. Pay Pal is nice for sending people money and earning points in the process. That could work for people who have friends or family who want money for the holidays instead of a physical gift. Again, Pay Pal has returned for the second year in a row in the 4th Quarter.

The Chase Freedom Flex (and the old Chase Freedom) allows you to earn 5x points on up to $1,500 spend within the bonus categories. That means you can earn 7,500 UR points per quarter if you maximize the categories. All three categories share the maximum spend limit.

Department Stores were a normal fourth quarter rotating category for the old Chase Freedom. But not having them as a 5x category is understandable because of the COVID-19 pandemic limiting shopping at brick-and-mortar stores. There is almost certainly going to an online shopping frenzy this holiday season.



People who have multiple cards could earn loads of points with the Chase Freedom Flex (and/or old Chase Freedom). But if they maximize the categories, they would earn only one point for every dollar they spend over the threshold. This is where bonus category cards come into play.

Just use the Freedom Flex if you can’t maximize the categories. But if you spend more than $1,500 at department stores, purchasing gift cards with a non-Amex card is the best strategy. The exception is if you have both the Freedom Flex and the old Freedom. You can use both in tandem at Walmart and for Pay Pal purchases.


Final Draw

The fourth quarter of 2020 should be bountiful for some Chase Freedom Flex and old Freedom cardholders. Chase really thought about consumer behavior during the COVID-19 pandemic and picked amazing categories as a result.

The current set of categories for the old Chase Freedom Card are Amazon and Whole Foods purchases. Registration to earn 5x points closes tomorrow (September 14, 2020) for those who have not registered. This is your last chance to register. All you have to do is click on this link to the registration page and enter your name, ZIP code, and the last four digits of your card’s number.

Registration for the fourth quarter’s categories opens on Tuesday, September 15, 2020. Use the same registration page link and follow the above steps to apply.