Different Banks
Software Hyperlink
- Flex Elite. The cardboard has not formally launched but, however you possibly can be part of the waitlist.
Advantages
- Earn limitless 3% money again on all purchases as the bottom rewards charge!
- Preserve $250,000 in deposits with Flex to earn 4% money again on all purchases, or $1 million to earn 5%! These elevated charges apply to spending as much as your credit score restrict every billing cycle; spending past that earns the bottom 3% money again.
- No annual charge.
Disadvantages
- No welcome supply right now.
- Flex doesn’t supply funding accounts, so the cash you deposit can solely earn curiosity—and its rates of interest aren’t notably aggressive. As of October 2026, the APYs are 1.37% for Tier 1 ($100,000 in deposits) and a couple of.47% for Tier 2 ($1 million in deposits), effectively beneath one of the best financial savings charges at present obtainable.
- Flex is a fintech firm, not a financial institution. Flexbase Applied sciences, Inc. (Flex) is a monetary know-how firm and isn’t a financial institution. The Flex Elite Credit score Card is issued by Lead Financial institution, pursuant to a license from Visa U.S.A. Inc.
Beneficial Software Time
- We advocate having not less than two years of credit score historical past earlier than making use of for playing cards issued by smaller banks.
Abstract
The bottom 3% money again charge is already extremely aggressive. You possibly can merely skip the 4% and 5% tiers with their hefty deposit necessities and use this as a no-annual-fee, flat-rate 3% money again card. Personally, although, I doubt this mannequin is sustainable. Limitless 2% money again with no annual charge is a well-established mannequin, however greater charges have usually not lasted lengthy. Flex is a comparatively small firm. As DoC identified, its personal advertising and marketing supplies say it not too long ago raised $60 million, which ought to give it some money to burn for some time. As soon as the cardboard launches, put it to work and benefit from the rewards whereas they final!
Historic Presents Chart
Software Hyperlink
- Flex Elite. The cardboard has not formally launched but, however you possibly can be part of the waitlist.
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