Discover it Cash Back vs Chase Freedom Flex
Two no-annual-fee cash back favorites with rotating bonus categories. Compare net value including welcome bonuses and category caps.
Key facts
For ~$3,000/month balanced spend profile, Chase Freedom Flex® Credit Card has the higher ongoing annual value at $474 per year, versus $417 for Discover it® Cash Back. Ongoing value is spend rewards plus perks, minus the annual fee. The welcome bonus is first-year only.
- Chase Freedom Flex® Credit Card
- Ongoing value $474 · annual fee none · first-year value $674
- Discover it® Cash Back
- Ongoing value $417 · annual fee none · first-year value $417
Higher net value
| Metric | Chase Freedom Flex® Credit Card | Discover it® Cash Back |
|---|---|---|
| Ongoing annual value | $474 | $417 |
| First-year value (incl. bonus) | $674 | $417 |
| Spend rewards | $464 | $417 |
| Perks & credits | $10 | $0 |
| Welcome bonus | $200 | — |
| Annual fee | None | None |
Calculated using ~$3,000/month balanced spend profile. See methodology.