When I decided to learn about the Chase Freedom then I have
meet in the following conclusion. Which website, blog, YouTube video help me for
this fact, I want to say heartily thank. It very valuable for all.
Key
Sign-up
Bonus...........
You can get $25 bonus by making your
first purchase and adding an authorized user to the account. Spend $500 within
three months of account opening and get a $150 bonus cash back credit. (Three
months of account opening)
Redeeming
Cash Back Rewards...........
You accumulate $20 in cash back
rewards, you can redeem for a statement credit, bank account deposit, gift
card, or purchases made through Chase’s Ultimate Rewards shopping portal.
Cash
Back Rewards.........
Chase Freedom® pays 5% cash back on
up to $1,500 in total purchases ($75 in total cash back rewards) in certain
quarterly rotating spending categories, such as gas stations, restaurants,
department stores, and specific online retailers, including Amazon. After you
hit the quarterly spending cap, additional purchases in the 5% cash back
categories earn an unlimited 1% cash back. All other purchases earn an unlimited
1% cash back, as well.
Cash
Back Boost......
The Cash Back Boost feature promises
bonus cash back on purchases made directly through Chase’s Ultimate Rewards
portal (also known as “Shop Through Chase”). Extra cash back earnings usually
range from 1% to 5% on top of the unlimited 1% baseline cash back, but can
occasionally reach or exceed 10% – for instance, ProFlowers periodically offers
10% cash back. Cash Back Boost offers do change frequently, so sign up for
email alerts to catch current deals.
Introductory
APR...........
Again, Enjoy 0% APR on purchases and
balance transfers for 15 months from account opening. Balance transfers can be
made at any time during the 15-month window to qualify for the promo rate.
Important
Fees......
Freedom doesn’t have an annual
fee. Foreign transactions cost a flat 3% of the transaction amount, balance
transfers cost the greater of $5 or 5%, and cash advances cost the greater
of $10 or 5%.
Purchase
Protection...........
Chase’s Purchase Protection plan
provides up to 4 months of complimentary protection for all purchases made
in full with your Chase Freedom® card. The benefit is good up to $500 per
covered item and $50,000 total per account. Coverage includes potential perils
such as theft, damage, and loss.
Complimentary
Rental Car Insurance.......
When you decline the rental
company’s insurance option and charge the entire rental to your Chase Freedom®
card, you’re automatically covered for theft and collision expenses in the U.S.
and most international markets (secondary to your own personal
Credit
Required........
This card requires very good credit.
Some minor blemishes may be acceptable, but major dings are likely to
disqualify your application.
About chase Freedom:
- Sign-up Bonus: $150 bonus after spending $500 in the first 3 months
- Rewards: 5% cash back in quarterly bonus categories such as gas stations, restaurants, grocery stores, and Amazon (up to $1,500 in combined purchases);
- Intro APR: 0% for 15 months on purchases and balance transfers
- Fees: Balance transfer fee 5% of the amount transferred ($5 minimum)
- Annual Fee: $0
- Credit Needed: Excellent/Good.
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