August 14, 2022

Best Chase Credit Cards of August 2022

Best feature: Flexible cash back rewards

Chase Freedom Unlimited

The Chase Freedom Unlimited card is good for everyday rewards. The card offers cash back on every purchase, an annual fee of $0 and a 0% Intro APR for 15 months from account opening on purchases and balance transfers. The standard APR is 16.49% to 25.24% variable.

This card offers 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back on dining and drugstore purchases and 1.5% cash back on all other purchases, so it’s a good choice for earning rewards on everyday spending. New cardholders earn a 1.5% bonus after making on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back.

There is an annual fee of $0 and the card has a 0% introductory APR on new purchases. You will have access to benefits including purchase protection, an auto rental collision damage waiver, travel and emergency assistance services, trip cancellation or interruption insurance and extended warranty protection.

Best for people who:

  • Want to earn rewards on everyday purchases
  • Will take advantage of the cardholder benefits
  • Don’t want to pay an annual fee

Best feature: Cash back on business purchases

Ink Business Cash Credit Card

Business owners who want to earn rewards for everyday business expenses can benefit from the Ink Business Cash Credit Card. A good sign-up bonus, high rate of rewards on popular business spending categories, and travel and purchase coverage make this card a great choice for many businesses, particularly small businesses.

You can earn 5% cash back on the first $25,000 in combined annual purchases at office supply stores and on internet, cable and phone services. The card also earns 2% cash back on the first $25,000 in combined annual purchases at gas stations and restaurants, and an unlimited 1% cash back on all other purchases. Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening..

The Ink Business Cash Credit Card has an annual fee of $0 and a 12 month, 0% introductory APR on new purchases. After that, the standard APR is 14.74% to 20.74% variable. It comes with travel and purchase coverage that protects businesses, including travel accident insurance, travel and emergency assistance, auto rental collision damage waiver and purchase protection.

Best for businesses that:

  • Want to earn rewards for everyday expenses
  • Can meet the sign-up bonus spending requirement
  • Want to earn rewards without annual fee

Best feature: Wide range of rewards

Chase Freedom Flex

The Chase Freedom Flex is an excellent choice for earning cash back on everyday purchases. With bonus spending categories, a 0% Intro APR for 15 months from account opening on purchases and balance transfers, no annual fee and additional benefits, this card is attractive for every cardholder – even if you’re not a frequent traveler or big spender. The standard APR is 16.49% to 25.24% variable.

With this card, 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate, 5% cash back on travel purchased through Chase, 3% cash back on dining at restaurants and drugstores and 1% cash back on all other purchases. This card’s sign-up bonus is easy to earn. You can earn a $200 cash bonus after spending after you spend $500 on purchases in your first 3 months from account opening..

The Chase Freedom Flex has an annual fee of $0. The card offers security and purchase protection benefits, including purchase protection, extended warranty protection and zero liability protection.

Best for people who:

  • Want to earn a sign-up bonus without spending thousands
  • Can plan their spending to maximize bonus categories
  • Don’t want to pay an annual fee

Best feature: Flexible cash back rewards

Chase Sapphire Reserve

Chase Sapphire Reserve is Chase’s best card for large travel and dining purchases. It earns and redeems travel at a higher rate, has premium travel benefits, an annual travel credit and a large sign-up bonus.

Chase Sapphire Reserve has a $550 annual fee, but much of that is offset by the card’s $300 annual travel credit that can be used for travel purchases such as airfare and hotels. You’ll also earn triple points on travel immediately after earning your travel credit, and three points per dollar on dining worldwide, and get 50% more value when you redeem points for travel with Chase Ultimate Rewards. Points transfer at a one-to-one rate with partners including United, Marriott, Hyatt and British Airways. Frequent travelers are in a good position to earn enough rewards to make this card pay off.

The sign-up bonus is worth 60,000 points (worth $900 in travel rewards) when you spend after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when you redeem through Chase Ultimate Rewards® and is one of the largest sign-up bonuses available. There are no foreign transaction fees, and this card comes with benefits including complimentary airport lounge access, early check-in, late checkout, trip insurance and purchase protection.

Best for people who:

  • Spend a lot on travel and dining
  • Can clear a big sign-up bonus
  • Can earn enough rewards to offset the annual fee
  • Plan to use rewards for travel

Best feature: Travel rewards

Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is the best Chase card for travel purchases. It offers a generous sign-up bonus, rewards that cater to frequent travelers and additional benefits that can save you money every time you travel.

The Chase Sapphire Preferred Card has an annual fee of $95. If you’re able to take advantage of the Chase Sapphire Preferred Card’s travel rewards and additional benefits, this fee is well worth it.

New cardholders can earn a sign-up bonus of 60,000 points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®..

Best for people who:

  • Spend a lot on travel and dining
  • Can spend enough to qualify for a big sign-up bonus
  • Can earn enough rewards to offset the annual fee
  • Want flexibility in where they can redeem points

Best feature: Business travel rewards

Ink Business Preferred Credit Card

Businesses that can benefit from travel rewards can earn excellent rewards with the Ink Business Preferred Credit Card. This card offers a hefty sign-up bonus, rewards on popular business spending categories, and travel and purchase coverage.

With the Ink Business Preferred Credit Card, you’ll earn three points per dollar on the first $150,000 in combined purchases on business spending categories including travel, shipping and online advertising. All other purchases earn an unlimited one point per dollar. The 100k-point sign-up bonus requires after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®.

The Ink Business Preferred Credit Card has no foreign transaction fees and offers one-to-one point transfer with travel partners including Southwest, United, British Airways, Marriott, Hyatt and The Ritz-Carlton.

Best for businesses that:

  • Have significant travel expenses
  • Can meet the sign-up bonus spending requirement
  • Can earn enough rewards to offset the annual fee

Best feature: Marriott rewards

Marriott Bonvoy Boundless Credit Card

Travelers who frequently stay at SPG, Ritz-Carlton and all other eligible hotels and resorts in the Marriott Bonvoy collection can benefit from the Marriott Bonvoy Boundless Credit Card. This card lets you earn bonus points at participating Marriott hotels and offers an annual free night’s stay, a large sign-up bonus and travel perks.

The Marriott Bonvoy Boundless Credit Card charges a $95 annual fee. It earns seventeen points for every dollar spent at more than 7,000 participating Marriott hotels and two points per dollar on all other purchases. Marriott Bonvoy Boundless Credit Card holders can earn 3 Free Nights (each night valued up to 50,000 points) after spending $3,000 on purchases in your first 3 months from account opening with the Marriott Bonvoy Boundless® Credit Card.

Every year after your account anniversary, you’ll earn a free one-night stay at a qualifying hotel. The Marriott Bonvoy Boundless Credit Card charges no foreign transaction fees, and cardholders get access to perks such as travel and purchase protection, baggage delay insurance, lost luggage reimbursement, trip delay reimbursement, and automatic Silver Elite status, which includes free standard in-room Wi-Fi and priority late checkout.

Best for people who:

  • Frequently stay at Marriott hotels
  • Can meet the sign-up bonus spending requirement
  • Can earn enough rewards to offset the annual fee
  • Want a free night’s stay each year

  • Travel
  • Gift cards
  • Cash back
  • Experiences
  • Merchandise

Depending on which Chase card you carry, you will earn one point for every dollar spent, double or triple points on bonus categories or up to 5% percent cash back on bonus categories.

Points in the Chase Ultimate Rewards program are usually worth 1 cent. However, if you redeem them for travel with Chase Ultimate Rewards, they are worth 1.25 cents or 1.5 cents, depending on the card you’re using.

In addition to redemption options with Chase Ultimate Rewards, points in this program can be transferred to partner programs at a one-to-one rate. These partners offer travel rewards with seven airlines and four hotel brands including:

  • British Airways
  • Southwest Airlines
  • United
  • Virgin Atlantic
  • Hyatt
  • Marriott

Your Chase Ultimate Rewards points will never expire as long as your credit card account is open.

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