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Chase Freedom(SM) Credit Card

This Balance Transfer Credit Card is issued by Chase.

This card received a rating of 2.00 out of 5.00


The Chase Freedom(SM) Credit Card, issued by Chase, is designed for those who have excellent credit and plan to take advantage of the cash rewards program.

 

Introductory Rate: No Introductory Rate Available
Time Period: n/a
Rate Applied To: None
Additional Details: n/app
Regular APR: 14.99%
Variable or Fixed: Variable
Annual Fee: $0
Annual Fee Details: None
Application Fee: n/app
Participation Fee: n/app
Reload Fee: n/app
Inactive Fee: n/app
Total First Year Fees: n/app
Type Of Rewards: Rebate
Be sure to read the card's Terms and Conditions before applying!

Credit Card Review

The Chase Freedom(SM) Credit Card, issued by Chase, is designed for those who have excellent credit and plan to take advantage of the cash rewards program.

Through the rewards program, cardholders earn a 3% rebate on purchases made in the 3 bonus categories where they have spent the most that billing cycle. There are 15 bonus categories altogether including: grocery stores, gas stations, quick service restaurants, telecommunications, cable/satellite TV/Internet service providers, video rentals, department stores, dry cleaners, drugstores, movie theatres, local and suburban commuter passenger transportation, pet supply stores and veterinary services, utilities, beauty shops, and gym/recreation memberships. Cardholders also earn a 1% rebate on all other purchases.

Cardholders are eligible to receive a $50 check once $50 in rewards have been earned or a $250 check once $200 in rewards have been earned, which is a bonus of $50. Cardholders will also receive a $50 bonus rebate after their first purchase, balance transfer, or check transaction. Plus, they have the freedom to switch rewards to earn points instead of cash back.

In addition to the rewards program, the card also offers many cardholder benefits provided by Chase, such as travel accident insurance, auto rental insurance, and travel and emergency assistance services.

The card has no annual fee and an above average APR for purchases.

Therefore, those who plan to take advantage of the cash rewards program will benefit most from what the Chase Freedom(SM) Credit Card has to offer.

This review was updated 2008-09-22T00:00:00.0000000-07:00

Reward Program Information

Type Of Rewards: Rebate
Reward Program Optional: No
  Optional programs may have a fee. See Terms and Conditions for details.

For Cards with Cash Back Incentives
   Lowest Possible Rebate: 1%
   Highest Possible Rebate: 3%
   Additional Rebates: Earn a 3% rebate on purchases made in the 3 bonus categories where cardholders have spent the most that billing cycle out of 15 bonus categories including: grocery stores, gas stations, quick service restaurants, telecommunications, cable/satellite TV/Internet service providers, video rentals, department stores, dry cleaners, drugstores, movie theatres, local and suburban commuter passenger transportation, pet supply stores and veterinary services, utilities, beauty shops, and gym/recreation memberships. Plus, earn a 1% rebate on all other purchases.
   Rebate Details: Cardholders are eligible to receive a $50 check once $50 in rewards have been earned or a $250 check once $200 in rewards have been earned.

For Cards with Point Incentives
   Points Per Dollar Spent: n/app
   Additional Points: n/app
   Point Details: n/app

For Cards with Airline Incentives
   Miles Per Dollar Spent: n/app
   Additional Miles: n/app
   Program Details: n/app

Rewards Expiration Period: None

Annual Limit: None for the standard 1% rebate. (When cardholders reach $600 in monthly spending in the bonus categories, they will only earn the 1% base rebate for each additional $1 of net purchases in these categories.)

Additional Credit Card Perks

Various Internet account related services. No liability for unauthorized transactions. Lost and stolen card reporting. Emergency cash replacement. Emergency card replacement. Various travel and emergency assistance services. Travel accident insurance. Extended warranty for purchases. Auto rental insurance (Auto Rental Collision Damage Waiver). Year-end financial statement (upon request). See website for additional benefits. Certain restrictions, limitations, and exclusions apply. If an account is opened, please refer to the Guide to Benefits for details.

Special Notations about the Chase Freedom(SM) Credit Card

See website for complete terms and conditions of card usage and application disclosure.

Always read the credit card's Terms and Conditions before applying!