Chase Freedom Flex vs Fidelity Rewards Visa Signature Card
Both cards cost $0/yr. The Chase Freedom Flex leads on rotating quarterly; the Fidelity Rewards Visa Signature Card on everyday spending.
Card data as of November 13, 2026.
Chase Freedom FlexChase · No annual fee
Fidelity Rewards Visa Signature CardElan Financial · No annual fee
Overview
- Annual fee
- Chase Freedom Flex$0Fidelity Rewards Visa Signature Card$0
- Welcome offerCurrent public offer
- Chase Freedom Flex$200 cash backFidelity Rewards Visa Signature Card—
- Rewards
- Chase Freedom FlexCash backFidelity Rewards Visa Signature CardCash back
- Foreign transaction fee
- Chase Freedom FlexNoneFidelity Rewards Visa Signature CardNone
- Network
- Chase Freedom FlexMastercard World EliteFidelity Rewards Visa Signature CardVisa Signature
Earn ratesPer $1 spent
- Rotating Quarterly
- Chase Freedom Flex5%HighestFidelity Rewards Visa Signature Card2%
- Dining
- Chase Freedom Flex3%HighestFidelity Rewards Visa Signature Card2%
- Drugstores
- Chase Freedom Flex3%HighestFidelity Rewards Visa Signature Card2%
- Everything else
- Chase Freedom Flex1%Fidelity Rewards Visa Signature Card2%Highest
Statement creditsAs the issuer states them · — means none on record
- Travel
- Chase Freedom Flex—Fidelity Rewards Visa Signature Card
- Up to $100 back for Global Entry or TSA PreCheck · $100 every 4 years
- Dining & delivery
- Chase Freedom Flex
- DoorDash DashPass · $60 one-time
- DoorDash DashPass · $10 quarterly
Fidelity Rewards Visa Signature Card—
Perks & access— means none on record
- Hotel status & programs
- Chase Freedom Flex—Fidelity Rewards Visa Signature Card
- 900+ luxury hotel properties with exclusive perks
- Other perks
- Chase Freedom Flex
- No foreign transaction fees on purchases worldwide
- 24/7 roadside assistance for towing and emergencies
- 24/7 travel assistance anywhere in the world
Fidelity Rewards Visa Signature Card- 24/7 Visa Signature Concierge service
- OpenTable dining access after card verification
Protections & insuranceLimits where published · — means none on record
- Trip insurance
- Chase Freedom Flex
- Up to $6,000 trip cancellation and interruption coverage
Fidelity Rewards Visa Signature Card- Travel Accident Insurance · up to $250,000
- Baggage
- Chase Freedom Flex—Fidelity Rewards Visa Signature Card
- Up to $3,000 lost luggage coverage per trip
- Rental car
- Chase Freedom Flex
- Secondary rental coverage when you skip the counter option
Fidelity Rewards Visa Signature Card- Auto rental collision damage waiver · up to $75,000
- Purchase & returns
- Chase Freedom Flex
- 24/7 fraud monitoring
- Credit Journey
- Up to $500 protection for damaged or stolen purchases
Fidelity Rewards Visa Signature Card- $500 per claim on theft or damage
- Extended warranty
- Chase Freedom Flex
- Add an extra year to manufacturer warranties
Fidelity Rewards Visa Signature Card— - Other protections
- Chase Freedom Flex
- 24/7 lost/stolen card assistance worldwide
Fidelity Rewards Visa Signature Card- 24/7 worldwide travel and emergency assistance
- 24/7 roadside dispatch assistance (pay-per-use)
Pros & cons
- Pros
- Chase Freedom Flex
- 5% on rotating categories up to $1,500/quarter when activated
- 3% on dining and drugstores with no annual cap
- 5X on Chase Travel portal purchases
- $0 annual fee with Mastercard World Elite benefits
- No foreign transaction fees (new for 2026)
Fidelity Rewards Visa Signature Card- True 2% unlimited cash back on all purchases with no annual fee
- Rewards auto-deposit into Fidelity brokerage, IRA, 529, or cash management accounts
- No minimum redemption threshold (rewards deposit automatically)
- No foreign transaction fee (removed September 1, 2023)
- Visa Signature benefits in the issuer's Guide to Benefits: purchase security, lost luggage reimbursement, auto rental collision damage waiver, travel accident insurance, concierge
- Cons
- Chase Freedom Flex
- Must activate quarterly categories or miss 5% bonus
- $1,500 quarterly cap on 5% categories ($300 max bonus/quarter)
- Points worth only 1 cent without Sapphire card pairing
- Welcome bonus lower than Sapphire cards
Fidelity Rewards Visa Signature Card- The 2% cash back value applies only when points are deposited into an eligible Fidelity account
- Not flexible if you ever want to leave Fidelity
- No premium travel benefits or lounge access
- Issued by Elan Financial Services, not Fidelity directly (customer service may vary)
- No welcome bonus is listed on the issuer's page
Category-by-Category Winner
The Chase Freedom Flex wins in 2 of 3 categories. The Fidelity Rewards Visa Signature Card leads in 1. 5 more categories depend on booking channel or caps.
Rotating Quarterly
Depends: up to $1,500/quarter; Must activate each quarter before deadline
Chase Freedom Flex earns 5X when conditions are met; Fidelity Rewards Visa Signature Card earns 2X (2X without restrictions)
Travel
Depends: via issuer travel portal
Chase Freedom Flex earns 5X when conditions are met; Fidelity Rewards Visa Signature Card earns 2X (2X without restrictions)
Hotels
Depends: via Chase Travel portal - the Chase Travel travel rate restated per bookable subcategory, as Capital One and Citi portal rates are recorded
Chase Freedom Flex earns 5X when conditions are met; Fidelity Rewards Visa Signature Card earns 2X (2X without restrictions)
Flights
Depends: via Chase Travel portal - the Chase Travel travel rate restated per bookable subcategory, as Capital One and Citi portal rates are recorded
Chase Freedom Flex earns 5X when conditions are met; Fidelity Rewards Visa Signature Card earns 2X (2X without restrictions)
Car Rentals
Depends: via Chase Travel portal - the Chase Travel travel rate restated per bookable subcategory, as Capital One and Citi portal rates are recorded
Chase Freedom Flex earns 5X when conditions are met; Fidelity Rewards Visa Signature Card earns 2X (2X without restrictions)
Dining
Chase Freedom Flex earns 3X vs 2X
Drugstores
Chase Freedom Flex earns 3X vs 2X
Everyday purchases
Fidelity Rewards Visa Signature Card earns 2X on all other spending vs 1X
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Both scenarios favor the Chase Freedom Flex on net value (rewards, usable credits, fees, and welcome offer).
| Scenario | Chase Freedom Flex | Fidelity Rewards Visa Signature Card | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $281 Credits (our usable estimate): $20 − Annual fee ($0) Ongoing: $301 Year one: $531 | Rewards: $240 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $240 Year one: $240 | Chase Freedom Flex | Chase Freedom Flex |
| Heavy spender: $4,000/month | Rewards: $1,123 Credits (our usable estimate): $20 − Annual fee ($0) Ongoing: $1,143 Year one: $1,373 | Rewards: $960 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $960 Year one: $960 | Chase Freedom Flex | Chase Freedom Flex |
Which Card Is Right for You?
Get the Chase Freedom Flex if you:
- +Spend $300+/month on restaurants and dining out
Get the Fidelity Rewards Visa Signature Card if you:
- +Prefer a high flat rate across all spending
The Bottom Line
Both scenarios favor the Chase Freedom Flex on net value (rewards, usable credits, fees, and welcome offer).
Everyday (non-bonus) spend earns 2X on the Fidelity Rewards Visa Signature Card vs 1X on the other card.
Frequently Asked Questions
- Which card earns more rewards, the Chase Freedom Flex or Fidelity Rewards Visa Signature Card?
- The Fidelity Rewards Visa Signature Card has a higher base earn rate (2X vs 1X), but both cards have different bonus categories where they excel.
- What benefits does the Chase Freedom Flex have that the Fidelity Rewards Visa Signature Card doesn't?
- The Chase Freedom Flex offers dining credits. The Fidelity Rewards Visa Signature Card focuses more on earn rates than premium perks.
- Should I get the Chase Freedom Flex or the Fidelity Rewards Visa Signature Card?
- Both cards have the same $0/yr fee. Choose based on which bonus categories match your spending — check the earn rate comparison above.
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.