
The Chase Freedom Flex and Freedom cards are great options for those looking for credit cards with no annual fees. These cards offer 5% cash back on quarterly bonus spending categories, which are actually rewarded in the form of 5 Ultimate Rewards points per dollar spent. This means that you could potentially earn much more than 5% cash back. If you max out your $1,500 bonus spending per quarter, you could earn at least 30,000 Ultimate Rewards points over the course of a year (7,500 points per quarter at 5 points per dollar spent). If you have multiple Freedom cards like the writer's wife and him, you can earn even more rewards. You can now register for the 2023 Q2 spending categories, which include Amazon.com and Lowe's.com. For Q1, you can still earn rewards at grocery stores until the end of the quarter.