$200 Cashback with New Chase Freedom Credit Card Approval for $1500 Spent in 6 Months or $100 Cashback for $500 Spent in 3 Months

[kheanglao]

Deal is alive again. Offer ends May 30th, 2011 11:59pm EST!

Chase (http://slickdeals.net/?cno=108897) offers $100 Cashback with New Chase Freedom Credit Card Approval After You Spend $500 in 3 Months. The next $100 is after you spend an additional $1000 in 6 Months.

It is posted by Slickdeals.

[iconian]

Chase (http://slickdeals.net/?pno=52129&lno=1&afsrc=1) offers $100 Cashback with New Chase Freedom Credit Card Approval After You Spend $500 in 3 Months. The next $100 is after you spend an additional $1000 in 6 Months. Thanks kheanglao
They also have the Chase Sapphire Preferred Card (http://slickdeals.net/?pno=52129&lno=2&afsrc=1) which offers 50,000 points ($625 worth of airfare or hotel accommodations) after spending $3000 in the first 3 months.

[wikipost]

To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.lThis one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

1% cashback on all purchases, 5% cashback on promotional purchases.

Other Chase Credit Card promotion
Chase Sapphire Card- get $500 cash back (50,000 points) after spending $3000 in 3 months LINK (http://slickdeals.net/?cno=108963)..first year annual fee waived and $95 thereafter (avoid the annual fee by closing your account before your one year is up and u still get to keep the $500 cashback) - NOTE this is not the regular chase sapphire card it is the chase sapphire preferred card

I received this card last go around, thank you. I remember seeing the $$ promotion while signing - but I called customer svc after receiving the card just in case - and they said I had no such promotion. I then said I wanted to cancel my card, and they (of course) put me through to the final salesperson. I told him flat out why, but he "checked" and said I was indeed entitled to the promotion - and that the CSR made a mistake. The point is that they may be trying to renege (sometimes), so make sure. Go for it!

[tengtengvn]

I rather put my money somewhere else. I have a Chase Perfect card that has been stuck at $2300 CL since forever while my other CCs are well over $10k in CL/each.

[nasdaqsci]

Does anyone know if being an authorized user on someone else's Chase Freedom will disqualify you from this offer?

[akgem1]

Does anyone know if being an authorized user on someone else's Chase Freedom will disqualify you from this offer?
No, it doesn't. They don't even require your SSN to be an authorized user on another account.

[nasdaqsci]

No, it doesn't. They don't even require your SSN to be an authorized user on another account.
Do you know from experience? Because Chase does report credit history for authorized users even w/o having SSN. Thanks.

[raskal311]

Do you know from experience? Because Chase does report credit history for authorized users even w/o having SSN. Thanks.

I wonder how often they report bad credit for the wrong person :S

[tengtengvn]

I wonder how often they report bad credit for the wrong person :S

If no SSN is available, they will match the address of the AU with the account holder's when they report it to CRA.

[akgem1]

Do you know from experience? Because Chase does report credit history for authorized users even w/o having SSN. Thanks.
Yes, I do know it from experience. I'm authorized user on my wife's Freedom card that is our "everyday card", and I've opened and closed at least 3 or 4 Freedom cards under my own name just to get these promotional 0% rates and bonuses, and got them every time.

[akgem1]

If no SSN is available, they will match the address of the AU with the account holder's when they report it to CRA.
And that's exactly how they fark up people's credit reports and scores. My Dad and I have the same first and last names, and at one point, I helped my Mom open a credit card as a joint account holder (back when she didn't have much of credit history), and now my and my Dad's credit histories are all farked up forever.

[raskal311]

And that's exactly how they fark up people's credit reports and scores. My Dad and I have the same first and last names, and at one point, I helped my Mom open a credit card as a joint account holder (back when she didn't have much of credit history), and now my and my Dad's credit histories are all farked up forever.


X10000 I've been getting calls from some collection agency for the past five years stating I owe money on some student loan from 1992! In 1992 I was in F’in grade school. After explaining this I still get calls every few months.

[gszw]

Yes, I do know it from experience. I'm authorized user on my wife's Freedom card that is our "everyday card", and I've opened and closed at least 3 or 4 Freedom cards under my own name just to get these promotional 0% rates and bonuses, and got them every time.


How long can you qualify the new bonus offer after you cancel the old chase freedom card?
Thanks in advance.

[akgem1]

How long can you qualify the new bonus offer after you cancel the old chase freedom card?
Thanks in advance.
I'm not sure. I've never tried opening a new card right after closing another one. Maybe someone else will know the answer to this one.

[gszw]

I'm not sure. I've never tried opening a new card right after closing another one. Maybe someone else will know the answer to this one.


May I know the shortest interval from your experience? Thanks

[akgem1]

May I know the shortest interval from your experience? Thanks
I can't even remember. If I had to guess, I'd say I had at least 3-4 months between the cards, and maybe even more than that.

[nasdaqsci]

So is Chase going to update their website with this offer or do we have to go through the SD link?

[JDLade]

my friend has never had a credit card, or made payments on anything that would affect his credit. Would that be considered "fair" credit or "bad" credit? Should he try to get this or is there no chance?

[netvope]

So if I already have a Chase Freedom I can't get the bonus unless I cancel my old card before applying for the new card?

[xeal]

my friend has never had a credit card, or made payments on anything that would affect his credit. Would that be considered "fair" credit or "bad" credit? Should he try to get this or is there no chance?

I was in the same situation. Only had debit cards all my life and no credit history. I originally applied for the Sapphire, got rejected and a year later applied for the Freedom in the promotion where you get $200 after spending $800 in the first 3 months and got approved. :bounce:

I'm thinking about trying for the Sapphire this time where you get $500 after spending $3k in the first 3 months, because they also give you a 7% annual points dividend so if you hold it until December year end, you actually get $535! Or after spending the $3,000 in the first three months, you get a total of $567.10 back altogether.

[bequynh]

Can I open a Chase Freedom or Chase Sapphire if I've already got a Chase Amazon.com and Chase Southwest cards?

[akgem1]

Can I open a Chase Freedom or Chase Sapphire if I've already got a Chase Amazon.com and Chase Southwest cards?
Yes, you may.

[Skellington]

I was in the same situation. Only had debit cards all my life and no credit history. I originally applied for the Sapphire, got rejected and a year later applied for the Freedom in the promotion where you get $200 after spending $800 in the first 3 months and got approved. :bounce:

I'm thinking about trying for the Sapphire this time where you get $500 after spending $3k in the first 3 months, because they also give you a 7% annual points dividend so if you hold it until December year end, you actually get $535! Or after spending the $3,000 in the first three months, you get a total of $567.10 back altogether.


Here's a link to see if you qualify: http://credit.about.com/od/creditcardreviews/fr/Chase-Sapphire-Credit-Card-Review.htm

[Armaan1]

Tempting, but I'm debating on whether getting $200 back is worth taking a hit on my credit rating. Anyone else share the same concern?

[fyu]

Tempting, but I'm debating on whether getting $200 back is worth taking a hit on my credit rating. Anyone else share the same concern?

are you planning on using that credit rating anytime soon?

[Armaan1]

are you planning on using that credit rating anytime soon?

Planning on buying a house in Sept/Oct.

[vulcZ]

How hard is it to qualify for one of these cards? My credit is pretty bad due to past problems (haven't had a credit card in years), but now that I've turned my life around I'm thinking about getting a credit card or two to help rebuild my credit.

[funogo]

Anyone know if it'd be possible to open both a Chase Freedom and Chase Sapphire account and get both bonuses?

[sstrunks52005]

I got this from the previous offer. Are you only allowed to have 1 credit card on file for your online profile for chase? I tried to add it and it said not a valid number :/.

[PooMBA]

I think by now all SDers must have Chase Freedom CC. This and similar Chase CC promotion has been going on for quite a while now. All smart SDers have gotten their fair share of these bonuses. :D

[mistermojorizin]

"However, to qualify for this card you must have excellent credit and make at least $120,000 a year."

that's what it says for sapphire card on about.com. I got the 740+ rating but I don't make over 120 anymore. How do they check your income?

[paayter]

i dont understand why this is a good deal, they gave me a pre screen deal for 200 cash back, upon my first purchase, plus 1 year no interest.

[bitachu]

i was thinking about getting this card....not a bad deal for no annual fee and somewhat low interest rate..

fyi this is deal is 100$(thru 10,000 pts) after first 500$ within 3 months and another 100$(10k pts) when you reach 1500 withn first 6 months..

my credit karma offer was 150$ after first 500$ within 3 months..which i might wanna do. Will be signing up for lots of cards in the next few months and not sure I can make the req spending for all of them.

[peppermint]

I closed my Freedom a few months ago, so I am still not eligible? thanks

[ky151]

I got this from the previous offer. Are you only allowed to have 1 credit card on file for your online profile for chase? I tried to add it and it said not a valid number :/.

I have three Chase cards on one account, but I don't recall ever manually adding them after I made the account for the first card. The new cards just kind of showed up in my account.

[PooMBA]

"However, to qualify for this card you must have excellent credit and make at least $120,000 a year."

that's what it says for sapphire card on about.com. I got the 740+ rating but I don't make over 120 anymore. How do they check your income?

I don't think they will verify your income. And if they want to, they will ask you for the proof, such as pay stub etc.

[jbeezy53]

Would balance transfers count as $ spent?

[toddmille]

How long do you think they'll be running this promotion? I'm in the process of being approved for my mortgage and I don't think it's a good idea to apply for a credit card during this process.

I'm trying to get out of my AMEX card before the next annual fee is charged. It's been ok as I've found that you pretty much can get 1% cashback by redeaming miles for Home Depot gift cards, but I never use the free companion airfare so the $150 annual fee is a waste of money.

Also, all of you people who say you have multiple rewards cards, are you actually carry balances on these? What is the point in having multiple other than just for the introductory perks? (Yes, I run as much of my expenditures through my credit card and pay it off every month. AMEX never got a cent of interest from me.)

[botan01]

anyone know if to get the cashback offer you had to have applied for it through the link provided?
my wife applied for the freedom card last month but it was in person at a branch, so i'm not sure if there was an offer like this when she was approved.

[peace09]

sharing my experience : Never apply chase ! Service is bad, interested is high, hard to get late fee waived, they will continue charge you interest fee for delay the payment even 1 day.

[fch928]

Take it from somebody who works in a bank...

1. you must wait at lease 12 months , between cancellation of cards or if you have received a promotion from Chase in last 12 months period or you would not qualify for this promotion. ( you can still apply but the promotion however would not apply to you)
2. If you have other credit product from Chase such as Southwest, Amazon card which is credited by chase but you applied through 3 party vendor, you would still be qualify for this promotion.
3. For those who are worried about your credit rating ..... your credit would be lowered in following scenario: if you use it and late on payments, if you applied for bunch of card and yet you do not use them at lease once every 12 month period and your credit card canceled due to inactivity. or if you applied and you get rejected. For those who have ok credit or bad credit i suggest going in and talking to a personal banker, although they legally can not discourage you from applying, they will let you know the low down on minimum qualification.
4. Chase runs this promotion about once every 2 quarters which is about 6 months or so.

There have been a lot of change in the credit card industry in the last year or 2, i suggest reading all the fine print before you sign anything or even apply for anything.

[tdkyun]

Got a $300 cash back (after spending $500 in the first 3 months) offer in the mail and got approved today whoo!

[bitachu]

Got a $300 cash back (after spending $500 in the first 3 months) offer in the mail and got approved today whoo!

thats the offer I want to get!

[qwertyaas]

Got a $300 cash back (after spending $500 in the first 3 months) offer in the mail and got approved today whoo!

Do share!

[JLee50]

sharing my experience : Never apply chase ! Service is bad, interested is high, hard to get late fee waived, they will continue charge you interest fee for delay the payment even 1 day.

In my experience, I've never had a problem, never paid interest, never paid late, and just cashed a $150 bonus check the other day.

Sooo, no complaints here - Chase Freedom holder since '08.

[dealz90]

Won't it end up having a net negative impact on your credit rating to open this credit line and then close it before a year?

[bradedup]

sharing my experience : Never apply chase ! Service is bad, interested is high, hard to get late fee waived, they will continue charge you interest fee for delay the payment even 1 day.

And the moral is...

Pay on time.

[jini12]

Actually there is another much better deal posted on SD that offers $150 cashback instead of $100.

http://slickdeals.net/forums/showthread.php?sduid=1123019&t=2928721

$150 Cashback with New Chase Freedom Credit Card Approval After You Spend $500 in 3 Months
Chase [chase.com] (http://slickdeals.net/?sdtid=2928721&sdop=1&sdfid=9&u2=https://applynowdc1.chase.com/FlexAppWeb/renderApp.do?SPID=DDC9&CELL=6H8X&CLICK=&CID=&PROMO=DF01) offers $150 Cashback when you sign up for Chase Freedom credit card and spend $500 or more in 3 months

[mr2cool]

I rather put my money somewhere else. I have a Chase Perfect card that has been stuck at $2300 CL since forever while my other CCs are well over $10k in CL/each.

really? they gave me 4k right off the bat

[joshuaNH]

i have one question...

HOW MUCH DID CHASE PAY TO HAVE THIS FRONT PAGE!!!

THIS IS A PAID ADD

[rondoggnuts]

WOOT!!!! They keep giving me credit cards, I take all the cash out and HAH! Peace!

LOLOL! Only kidding! I love cashback credit card deals like this generally, but don't want to apply for too much if trying to buy a house, for example. This one is worth it IMO. :)

[weo1234]

Didn't chase have the 100K miles card just a month or so ago? Or was that bank of america

the whole fact that this disqualifies you from other promotions makes me weary.

[airtommy]

My Dad and I have the same first and last names, and at one point, I helped my Mom open a credit card as a joint account holder (back when she didn't have much of credit history), . . . YADA YADA YADA . . .and now my and my Dad's credit histories are all farked up forever.
Fixed that for ya ...

[mrlocalhost]

i have one question...

HOW MUCH DID CHASE PAY TO HAVE THIS FRONT PAGE!!!

THIS IS A PAID ADD
Yeah, this isn't a very slick deal, yet it constantly gets pushed to the frontpage! really lame @SD Staff!!

The $500 offer in the wiki seems like a much better deal:
http://www.cardbenefit.com/php/offer.php?offer=CSP
(coded the link to avoid giving SD any additional and unnecessary referral credit)

[extrajay]

I have had Chase Freedom Visa credit card since 2006 and I am100% sure it is the best CC there is. Not only they give you the 1% (or 1 point per dollar spent) cash back on every purchase, plus 5% cash back on rotating purchases, but they also give you a 10% BONUS at the end of each cycle if you also have a Chase Checking account. So if you accumulate 1000 points at the end of the month they add another 100 points bonus!

Also CHASE FREEDOM works with the Ultimate Rewards Mall by Chase, which gives you additional cash back promotions.

I also own many other credit cards. I have a Citi Dividend MasterCard, a Capital One Mastercard, a BankOfAmerica Signature Visa, and other.

Chase Freedom beats them all. It is almost equal to the CitiDividend, but in some aspects it is better. For example the Ultimate Rewards mall always has better Bonus Points promotions, and the 10% Checking ownership (which I have)) bonus is unbeatable.

For example I just now compared the offer on Walmart:
at the Chase Ultimate Mall it is 3 points per dollar,
at the BankOfAmerica - WorldPoints Mall - it says only 1 point per dollar,
at the Citi Bonus Cash Center (that's what they call it) Walmart is 2% cashback.

Not only accumulating points is faster at Chase. Also spending the points:
At BOA for 10000 points they give you a $80 check!
At chase for 10000 points they give you a $100 check, and for 5000 points they give you a $50 check - so no gimmicks if you want to spend less points.

Some people always check how to gain points but never check what happens when spending time comes! Please, do so, people! :)

This Chase Freedom offer is great. Back in the day I got a $100 promotion!

And Chase customer service is great too!

[clipzfan611]

So you have to have an account with Chase to get one, correct?

[rondoggnuts]

Planning on buying a house in Sept/Oct.

Your concern is justified. Do all you can to make your credit the best it can be. Then again, don't forget what the housing market looks like around that time.

[dealz90]

Why would you ever want a CC with an annual fee? And nobody has answered my question...won't closing the credit card after about 1 year to avoid the annual fee have a net negative impact on your credit rating (even assuming great % of credit used and full payment every month on time)?

[extrajay]

Why would you ever want a CC with an annual fee? And nobody has answered my question...won't closing the credit card after about 1 year to avoid the annual fee have a net negative impact on your credit rating (even assuming great % of credit used and full payment every month on time)?

The Chase Freedom Credit Card has NO annual fee.
I have had the card since 2006 and never paid annual fee nor any late or other fees.

Usually cards that give you more points per dollar for use of flights and hotel stays have annual fees. The Chase Freedom card is no such card,
It does not have annual fee!

[extrajay]

So you have to have an account with Chase to get one, correct?

No. You don't have to have an account with Chase (banking) to get a Chase Credit Card.
But if you do open a Chase checking account and you also apply for the Freedom credit card you will get the abovementioned (by me in an earlier post) 10 % bonus points!

One more time: you do NOT need the bank account. You can go ahead and apply for the credit card (FREEDOM) and only have the card (without any checking or savings).

You can also apply for the credit card and later apply for the checking (and savings).

[knotfan123]

I have an Amazon Card...does this DQ me from this deal?

[huevos]

I have had Chase Freedom Visa credit card since 2006 and I am100% sure it is the best CC there is. Not only they give you the 1% (or 1 point per dollar spent) cash back on every purchase, plus 5% cash back on rotating purchases, but they also give you a 10% BONUS at the end of each cycle if you also have a Chase Checking account. So if you accumulate 1000 points at the end of the month they add another 100 points bonus!

Also CHASE FREEDOM works with the Ultimate Rewards Mall by Chase, which gives you additional cash back promotions.

I also own many other credit cards. I have a Citi Dividend MasterCard, a Capital One Mastercard, a BankOfAmerica Signature Visa, and other.

Chase Freedom beats them all. It is almost equal to the CitiDividend, but in some aspects it is better. For example the Ultimate Rewards mall always has better Bonus Points promotions, and the 10% Checking ownership (which I have)) bonus is unbeatable.

For example I just now compared the offer on Walmart:
at the Chase Ultimate Mall it is 3 points per dollar,
at the BankOfAmerica - WorldPoints Mall - it says only 1 point per dollar,
at the Citi Bonus Cash Center (that's what they call it) Walmart is 2% cashback.

Not only accumulating points is faster at Chase. Also spending the points:
At BOA for 10000 points they give you a $80 check!
At chase for 10000 points they give you a $100 check, and for 5000 points they give you a $50 check - so no gimmicks if you want to spend less points.

Some people always check how to gain points but never check what happens when spending time comes! Please, do so, people! :)

This Chase Freedom offer is great. Back in the day I got a $100 promotion!

And Chase customer service is great too!

Chase Freedom used to be a lot better, but for a general spending rewards card, it's been massively watered down. It used to be that your top three spending categories would earn you 3% (or top 5 with a Chase banking account). That is, your personal top three categories, automatically tallied and given cashback every single month. Plus, there was a $50 bonus for redeeming $200. Now, the bonus categories are the same for everyone and put on a rotating schedule, and you have no control over it. On top of that, you have to remember to register every few months, otherwise you don't get any bonus cashback. Not to mention that the cashback from the Rewards Mall is pretty much the same as ones you'd find on any one of dozens of cashback sites.

Honestly speaking, if you need just one card, you can do a lot better than Chase now. The ones that you listed are complete junk, as you established, but as a general spending card, the Freedom really isn't that great any more. Unless, by some strange coincidence, you only go buy groceries in the winter, only go to home improvement stores in the spring, only travel in the summer, and only go to restaurants in the fall.

[dealz90]

The Chase Freedom Credit Card has NO annual fee.
I have had the card since 2006 and never paid annual fee nor any late or other fees.

Usually cards that give you more points per dollar for use of flights and hotel stays have annual fees. The Chase Freedom card is no such card,
It does not have annual fee!
I need a card with no annual fee, no foreign transaction fees, cashback, and ideally a nice cashback bonus for the first $500 or X amount spent. Anyone?

[extrajay]

Chase Freedom used to be a lot better, but for a general spending rewards card, it's been massively watered down. It used to be that your top three spending categories would earn you 3% (or top 5 with a Chase banking account). That is, your personal top three categories, automatically tallied and given cashback every single month. Plus, there was a $50 bonus for redeeming $200. Now, the bonus categories are the same for everyone and put on a rotating schedule, and you have no control over it. On top of that, you have to remember to register every few months, otherwise you don't get any bonus cashback. Not to mention that the cashback from the Rewards Mall is pretty much the same as ones you'd find on any one of dozens of cashback sites.

Honestly speaking, if you need just one card, you can do a lot better than Chase now. The ones that you listed are complete junk, as you established, but as a general spending card, the Freedom really isn't that great any more. Unless, by some strange coincidence, you only go buy groceries in the winter, only go to home improvement stores in the spring, only travel in the summer, and only go to restaurants in the fall.

Everything you say is correct.
But the past is past. We live in the present now.
Everything I said is correct too.
So for people looking to get a new card with a great first time bonus offer
(plus some extras on top of that) - it is a really good card!

[nasdaqsci]

Anyone who got the $300 cashback offer: can you guys tell us about how good your credit is and what cards you already have?

[extrajay]

I need a card with no annual fee, no foreign transaction fees, cashback, and ideally a nice cashback bonus for the first $500 or X amount spent. Anyone?

I know of 2 cards with no foreign transaction fee:

Capital One (I think all their cards)
and
British Airways Visa (also via Chase)

The Capital one gives you points per dollars spent,
the Br. Airways card only accumulates miles for travel.

I have the Br. Airways Visa card and also I have the Capital One Platinum MasterCard - and neither one has annual fee. The Br. Airways card offers to spend the miles on US flights with American Airlines and other airlines, so it is not only for travel to Europe, although for those flights there are great offers too. The Capital One card also offers Rewards Mall similar to the Chase Rewards Mall.

My advice to you is to get all kinds of cards and use the best card in a certain situation.
Of course, it is a slow process. Only apply for 1 card per 6 months, never spend more than half of your credit limit, always pay all the money spent before the due date, and if you have more than 2 cards already it is recommended to set up some kind of electronic reminder (with alarms or email reminders) of when to pay which card, so you don't miss a payment!

[Thaler]

Honestly speaking, if you need just one card, you can do a lot better than Chase now. The ones that you listed are complete junk, as you established, but as a general spending card, the Freedom really isn't that great any more. Unless, by some strange coincidence, you only go buy groceries in the winter, only go to home improvement stores in the spring, only travel in the summer, and only go to restaurants in the fall.
This is why I've kept this Chase Freedom card & Discover card.


Discover easily has the best cashback system I've seen of cards. The problem? Not everyone takes discover.
Chase Freedom serves to make a nice "filler" card for purchases I want cashback on, but they don't take Amex/Discover.

[KiLLAJaTT]

I know of 2 cards with no foreign transaction fee:

Capital One (I think all their cards)
and
British Airways Visa (also via Chase)

The Capital one gives you points per dollars spent,
the Br. Airways card only accumulates miles for travel.

I have the Br. Airways Visa card and also I have the Capital One Platinum MasterCard - and neither one has annual fee. The Br. Airways card offers to spend the miles on US flights with American Airlines and other airlines, so it is not only for travel to Europe, although for those flights there are great offers too. The Capital One card also offers Rewards Mall similar to the Chase Rewards Mall.

My advice to you is to get all kinds of cards and use the best card in a certain situation.
Of course, it is a slow process. Only apply for 1 card per 6 months, never spend more than half of your credit limit, always pay all the money spent before the due date, and if you have more than 2 cards already it is recommended to set up some kind of electronic reminder (with alarms or email reminders) of when to pay which card, so you don't miss a payment!

Capital One Means u looking for trouble...(even though they give $0 Fraud Liability policy)

Capital one is more like ----> A person hits u in face and then says sorry I'll pay for all ur injuries (but doesn't realize that injury might damage ur face 4 life lol)..Trust me Stay away from Capital one and i mean it (I hope no capital one fan boys pop up and tell me they had no problems with 'em and i been with 'em for 394834823984 years )

[huevos]

Everything you say is correct.
But the past is past. We live in the present now.
Everything I said is correct too.
So for people looking to get a new card with a great first time bonus offer
(plus some extras on top of that) - it is a really good card!

You claimed that this was "100% the best CC there is." That couldn't be further from the truth. The Freedom is now only a decent secondary card to use when the bonuses are up, but nothing more. For a solid general use card, this no longer fits the bill in the slightest.

[x_ge0rge]

I have an Amazon Card...does this DQ me from this deal?
no it doesnt, you still qualify

[extrajay]

You claimed that this was "100% the best CC there is." That couldn't be further from the truth. The Freedom is now only a decent secondary card to use when the bonuses are up, but nothing more. For a solid general use card, this no longer fits the bill in the slightest.

It is the best all-around card for everyday use,
because of all the things I mentioned already.

Plus, I forgot to mention, that it has BluePrint - which allows you to do a balance transfer and make purchases at the same time, and then choose to pay for each one separately without accumulating penalty fees.

I have looked around for other cards, but I have not found a better one, at the moment at least.

If you know about a better one, please share with us!

P.S. And don't forget that we are also talking about a $200 sign up BONUS offer in this post - which is also hard to match by other cards!

[SiILENTKNiIGHT]

It is the best all-around card for everyday use,
because of all the things I mentioned already.

Plus, I forgot to mention, that it has BluePrint - which allows you to do a balance transfer and make purchases at the same time, and then choose to pay for each one separately without accumulating penalty fees.

I have looked around for other cards, but I have not found a better one, at the moment at least.

If you know about a better one, please share with us!

P.S. And don't forget that we are also talking about a $200 sign up BONUS offer in this post - which is also hard to match by other cards!

It's only competition at this time is the Amex Gold card. The Freedom card has no annual fee and you can pay it off the way you want to. You mentioned the 10% bonus at the end of each month but when you have a Chase checking account you get Chase exclusives. Part of those exclusives are referred to as ''10 &10''. The other 10 gives you 10 points for every purchase, big or small, that you make for the month. Also if you book your travel and airfare through the Ultimate Rewards Mall you get 2 points for every $1 spent on that purchase. imo it actually is the best card on the market right now.

only bad side is the fee merchants pay when you use the card. nothings free tho =)

[David12796]

Anyone under 21 got approved?

[we-was]

www.moveyourmoneyproject.org

[tapioca]

Anyone under 21 got approved?

I was approved for the freedom card with a $2000 credit line when I was 17. I'm 21 now with 9 open credit lines and chase just approved me for the continental card with a $24k limit :bounce:

[sxemama]

Does this have the 0% apr as well? Also, how do you get a card in two people's name? Like for example, i'm signing up for a card and my gf wants to transfer her balance to it. Is there a way to get it in both our names?

[SiILENTKNiIGHT]

Does this have the 0% apr as well? Also, how do you get a card in two people's name? Like for example, i'm signing up for a card and my gf wants to transfer her balance to it. Is there a way to get it in both our names?


yeah you get 0% apr for 6 months on purchases and 0% apr for 12 months on balance transfers. To get a card for another person you just call and request an "additional signer". they don't do any credit check on that person. I believe when you sign up online it has a spot to add an additional signer right from the app. otherwise you just have to call.

also know that there is a 4% balance transfer fee. you'll save money by taking advantage of the 12 month 0% apr but that 4% fee is there for BT's.

[SD_anon]

Got a $300 cash back (after spending $500 in the first 3 months) offer in the mail and got approved today whoo!
thats the offer I want to get!
Do share!

It's pbly a pre-approved offer in the mail. I just got that same offer a few weeks ago (and before that offers of $100 and $150 cashback). Tho if you wait a bit more, there's a slightly better offer, $300 cashback after ANY purchase. Got that in the mail maybe a week ago, just applied for it and got instant approval. In addition to the $300 (and the usual 5% cashback on rotating categories & 1% cashback for everything else), there's also 0% intro APR for purchases for a year.

Chase seems a bit desparate for customers, I just did the Chase Total Checking offer for $200, so that'll be a total of $500 from them over a month or so. :woot:
Tho I pbly will actually use these accounts since Chase is the closest bank to my house.

[quangdaika]

been waiting for this again. will definitely try this time

[realdreams]

Just FYI this card is not for people with short credit history(let's say 2 years).
Got declined twice and it hurts my credit score

It's pbly a pre-approved offer in the mail. I just got that same offer a few weeks ago (and before that offers of $100 and $150 cashback). Tho if you wait a bit more, there's a slightly better offer, $300 cashback after ANY purchase. Got that in the mail maybe a week ago, just applied for it and got instant approval. In addition to the $300 (and the usual 5% cashback on rotating categories & 1% cashback for everything else), there's also 0% intro APR for purchases for a year.

Chase seems a bit desparate for customers, I just did the Chase Total Checking offer for $200, so that'll be a total of $500 from them over a month or so. :woot:
Tho I pbly will actually use these accounts since Chase is the closest bank to my house.
pre-approved? You mean JCP credit card is actually pretty easy to get(compared to student card)?

[dswann]

Would balance transfers count as $ spent?

$100 Cash Back after $500 in Spend in 3 Months
You will receive 10,000 bonus points with this bonus offer, which can be redeemed for a $100 check. To qualify and receive your bonus, you must make qualifying transactions totaling $500 or more during the first 3 months from account opening. Qualifying transactions include purchases, balance transfers, and any checks that are used to access your account, and exclude cash advances. After qualifying, please allow 6 to 8 weekslfor bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.lThis one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

$100 Cash Back after additional $1,000 in Spend in 6 Months
You will receive 10,000 bonus points with this bonus offer, which can be redeemed for a $100 check. To qualify and receive your bonus, you must make qualifying transactions totaling $1,500 or more during the first 6 months from account opening. Qualifying transactions include purchases, balance transfers, and any checks that are used to access your account, and exclude cash advances. After qualifying, please allow 6 to 8 weekslfor bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment.lThis one-time bonus offer is valid only for first-time cardmembers with new accounts. Previous and existing cardmembers/accounts are not eligible for this bonus offer.

I guess the question that I have, is can we make a one time balance transfer of $1500 and be done with it? ( I am aware of the 3% Fee)

[fyu]

Planning on buying a house in Sept/Oct.

yep. I'd skip this offer. a house is worth way more than $200

[WhisperPntr]

Not sure why this would be FP worthy, no offense to the OP.

I agree with anyone who would skip this offer especially if you are building excellent credit as is.

My family members have been continually receiving $200-$300 for first time purchase through the mail. I am also building up my credit so if you have more than 780 and rising, don't bother with this.

[okse]

Good Luck getting this offer. By the time you remember your "cash back" they'll have "forgotton" the proomtion and claim not to have any notes or record of this. Make sure you print the webpage as a PDF, take a picture and save the URL link all in one location.

Good Luck

[vivithemage]

does this card have 0% apr on transfers at all?

[foxtroter69]

This is better then millage!

[patelhimesh]

does this card have 0% apr on transfers at all?
No Regular APR on transfer and purcahse 11.99%.
I got this card month ago with the same offer

[blahblahyoutoo]

Not only they give you the 1% (or 1 point per dollar spent) cash back on every purchase, plus 5% cash back on rotating purchases, but they also give you a 10% BONUS at the end of each cycle if you also have a Chase Checking account. So if you accumulate 1000 points at the end of the month they add another 100 points bonus!

hmm, i didn't see this listed as one of their perks. do you have a reference link?

i just opened a chase checking/savings account and also got the freedom card last month. do i have to enroll or is it automatic?

[SDDEAL]

yep. I'd skip this offer. a house is worth way more than $200

In gneral how many points will it reduce while applying for new credit card? How long will it take to regain the lost credit score?

Even I have plan to buy new home latter this year or begining of next year :-)

[tigre99]

i dont understand why this is a good deal, they gave me a pre screen deal for 200 cash back, upon my first purchase, plus 1 year no interest.

I agree. They send me deal offers almost every day in the mail. I finally signed up for one of the Chase Freedoms with $200 cash back upon first purchase. After the card came, I made a purchase and then went to the web site to get the $200 check,. The check arrived a couple of days later.

[huevos]

It is the best all-around card for everyday use,
because of all the things I mentioned already.

Plus, I forgot to mention, that it has BluePrint - which allows you to do a balance transfer and make purchases at the same time, and then choose to pay for each one separately without accumulating penalty fees.

I have looked around for other cards, but I have not found a better one, at the moment at least.

If you know about a better one, please share with us!


A general use card implies that you use it for all purchases, except for those which qualify for bonuses on other cards. Given the Freedom's rotating categories list (over which you have absolutely no control), this doesn't fit the bill. It is essentially a 1% cashback card, which are a dime a dozen in the credit card world. There's a giant list of credit cards and their general/category bonuses on a competing deal site (which I can't link here, as the URL is blocked), but it's definitely worth a look. 1% is paltry. As for the other features that you mentioned? Bonus cashback can be found on a multitude of rebate sites that meet or beat Chase, and the Blueprint feature seems to only matter if you carry a balance on your card, the ultimate non-slick deal.

The Freedom isn't a bad card, but it's not a "all around card," nor is it a general use card. After they made significant changes to the reward program, it's a card for niche spending only.



P.S. And don't forget that we are also talking about a $200 sign up BONUS offer in this post - which is also hard to match by other cards!
In recent memory, I've gotten 100K British Air Miles (personally redeemed for over $2000 in travel), 75K American Airlines miles (personally redeemed for over $2000 in travel), and $1100 from Capital One in cold hard cash. $200 is nothing.

[dingdong123]

A general use card implies that you use it for all purchases, except for those which qualify for bonuses on other cards. Given the Freedom's rotating categories list (over which you have absolutely no control), this doesn't fit the bill. It is essentially a 1% cashback card, which are a dime a dozen in the credit card world. There's a giant list of credit cards and their general/category bonuses on a competing deal site (which I can't link here, as the URL is blocked), but it's definitely worth a look. 1% is paltry. As for the other features that you mentioned? Bonus cashback can be found on a multitude of rebate sites that meet or beat Chase, and the Blueprint feature seems to only matter if you carry a balance on your card, the ultimate non-slick deal.

The Freedom isn't a bad card, but it's not a "all around card," nor is it a general use card. After they made significant changes to the reward program, it's a card for niche spending only.



In recent memory, I've gotten 100K British Air Miles (personally redeemed for over $2000 in travel), 75K American Airlines miles (personally redeemed for over $2000 in travel), and $1100 from Capital One in cold hard cash. $200 is nothing.

I'm really interested in "100K British Air Miles (personally redeemed for over $2000 in travel), 75K American Airlines miles (personally redeemed for over $2000 in travel), and $1100 from Capital One in cold hard cash". How did you did this? Insights is really appreciated and will be repped.

[motaku96]

I tried applying for this last time but got denied. Can I try again?

I don't know why I got denied. I'm a college student with almost no credit history whatsoever. Just a chase debit card.

[zachjowi]

I got this card before and spent over 500, how do I get the 100 now?

[johnnyz86]

Yes, I do know it from experience. I'm authorized user on my wife's Freedom card that is our "everyday card", and I've opened and closed at least 3 or 4 Freedom cards under my own name just to get these promotional 0% rates and bonuses, and got them every time.
Ugh, if only my oldest credit card wasn't updated to this. I assume if I close it, I'll begin to lose my credit history with it.

[mrfrancis3000]

I tried applying for this last time but got denied. Can I try again?

I don't know why I got denied. I'm a college student with almost no credit history whatsoever. Just a chase debit card.


If its been 6 months, you can try again. They may have denied since you don't have strong enough history. They should have sent you something as to why they denied you.

I'm really interested in "100K British Air Miles (personally redeemed for over $2000 in travel), 75K American Airlines miles (personally redeemed for over $2000 in travel), and $1100 from Capital One in cold hard cash". How did you did this? Insights is really appreciated and will be repped.


The $1100 from capital one was from the match my miles promo they had, its dead now.

The 100K BA miles was from a promo Chase ran on that card, it is dead now also.

The 75k is from the american airlines card, spend 1500 in 6 months and get 75k miles which can get you quite a few domestic flights or maybe 1 or 2 international flights depending on where you're going and when you go. That deal is still alive and its here: http://slickdeals.net/forums/showthread.php?sduid=1141248&t=2919195

[David12796]

I was approved for the freedom card with a $2000 credit line when I was 17. I'm 21 now with 9 open credit lines and chase just approved me for the continental card with a $24k limit :bounce:


lucky. any tips for a 19 year old teenager to get approved?

[davesquires]

A general use card implies that you use it for all purchases, except for those which qualify for bonuses on other cards. Given the Freedom's rotating categories list (over which you have absolutely no control), this doesn't fit the bill. It is essentially a 1% cashback card, which are a dime a dozen in the credit card world. There's a giant list of credit cards and their general/category bonuses on a competing deal site (which I can't link here, as the URL is blocked), but it's definitely worth a look. 1% is paltry. As for the other features that you mentioned? Bonus cashback can be found on a multitude of rebate sites that meet or beat Chase, and the Blueprint feature seems to only matter if you carry a balance on your card, the ultimate non-slick deal.

The Freedom isn't a bad card, but it's not a "all around card," nor is it a general use card. After they made significant changes to the reward program, it's a card for niche spending only.



In recent memory, I've gotten 100K British Air Miles (personally redeemed for over $2000 in travel), 75K American Airlines miles (personally redeemed for over $2000 in travel), and $1100 from Capital One in cold hard cash. $200 is nothing.

Huevos.. would you mind giving a recommendation of a good general use card ? I cycle through about 1k a month on my discover card. I put everything I can on the card which is consistently - restaurants, gas, groceries, utilities, clothing etc.

I am thinking about getting the Chase card for further exploit these categories I always purchase in but would like to hear of any better options

[GIRay]

In my experience, I've never had a problem, never paid interest, never paid late, and just cashed a $150 bonus check the other day.

Sooo, no complaints here - Chase Freedom holder since '08.

Good for you! In my experience, both Chase and BoA are leeches.

Now I use Amex and PenFed Visa only.

[Robert]

"However, to qualify for this card you must have excellent credit and make at least $120,000 a year."

that's what it says for sapphire card on about.com. I got the 740+ rating but I don't make over 120 anymore. How do they check your income?

I don't think this is accurate. My wife and I both qualified, and each of us reported our household income as $95,001 - $105,000. We do have high scores (797 and 817) though.

lucky. any tips for a 19 year old teenager to get approved?

Jump in a time machine and go back to the days when getting credit was easy?

[jbly]

To get this deal, do you have to apply by May 31st or be approved by May 31st? And is it any 3 month period once you get the card or it starts as soon as you get it?

[x_ge0rge]

David12796 View Post :
lucky. any tips for a 19 year old teenager to get approved?

is this your 1st credit card? if so, i would jump on something else like boa cash rewards. I have heard a lot of unapproved freedom for young college students.



To get this deal, do you have to apply by May 31st or be approved by May 31st? And is it any 3 month period once you get the card or it starts as soon as you get it?

Apply by usually, and for the 3 month thing, if you cant spend 500 in 3 month, then i dont think CC is right for you :lmao:

[totalx90]

Totally unrelated but i got this in the mail i don't need it.

Chase

$100 Gift card when you open a chase total checking account.

coupon code 4062468358417218

[qwertyaas]

Been with Chase for years although my original card is a no rewards (no nothing) card. I'm thinking of calling and asking if they could sign me up for the $300 promo.

As for Freedom for those with low or no credit history, I think they look for generally a higher credit score to be approved for the card.

[nygrad]

I just got this card a week ago. I am going to clal customer service to see if I still qualify.

[SiILENTKNiIGHT]

Jump in a time machine and go back to the days when getting credit was easy?

if you dont know the Doc you can also apply for student credit card (I know Wells Fargo has them, Chase doesnt offer them), secure cards (again WF) and cards that you pay an annual fee on (like HSBC and Capital One). they will all help to build credit. car loans are the easiest way to get credit started though. they dont mind as much because they have collateral if the loans not paid. they mainly care about debt to income ratio and ability to repay.

[SiILENTKNiIGHT]

hmm, i didn't see this listed as one of their perks. do you have a reference link?

i just opened a chase checking/savings account and also got the freedom card last month. do i have to enroll or is it automatic?


its called "10 and 10". you dont have to enroll for this, comes automatically when you have a checking account. 10% at the end of the month for every $1 spent and 10 points at the end of the month for every purchase you make. the 4% bonus you need to enroll in each quarter because the categories change each quarter.

heres (https://www.chase.com/index.jsp?pg_name=ccpmapp/shared/marketing/page/chase_exclusives_offer) a link to it. its chase exclusives. hover over the credit card on the top right.

[Robert]

if you dont know the Doc you can also apply for student credit card (I know Wells Fargo has them, Chase doesnt offer them), secure cards (again WF) and cards that you pay an annual fee on (like HSBC and Capital One). they will all help to build credit. car loans are the easiest way to get credit started though. they dont mind as much because they have collateral if the loans not paid. they mainly care about debt to income ratio and ability to repay.

The original question was asked in reference to the Chase card. It was not a general "how to build credit" question.

Also, car loans may come easy, but for someone with little credit, they're going to want 15 - 20% interest. I got my first car loan while I was still in college. I first went to the chevy dealer who wanted 19%, and I told him no way. I didn't have any blemishes on my credit, but my lack of credit history was what killed me. With that said, I left the Chevy dealer and went to Ford, where I got a 2.9% lease. I think at the time, Ford catered to college students, believing they'd build a loyal customer base by doing so. I drive an Infiniti today, so... Anyway, I just don't think credit is as easy to come by these days.

[blahblahyoutoo]

its called "10 and 10". you dont have to enroll for this, comes automatically when you have a checking account. 10% at the end of the month for every $1 spent and 10 points at the end of the month for every purchase you make. the 4% bonus you need to enroll in each quarter because the categories change each quarter.

heres (https://www.chase.com/index.jsp?pg_name=ccpmapp/shared/marketing/page/chase_exclusives_offer) a link to it. its chase exclusives. hover over the credit card on the top right.

interesting, i'll find out at the end of this billing cycle. thanks.

also found the mortgage 1% cashback. i'll have to check up on that as well.

[extrajay]

Huevos.. would you mind giving a recommendation of a good general use card ? I cycle through about 1k a month on my discover card. I put everything I can on the card which is consistently - restaurants, gas, groceries, utilities, clothing etc.

I am thinking about getting the Chase card for further exploit these categories I always purchase in but would like to hear of any better options

Huevos just talks gibberish,
he gave a couple of examples about flight bonus miles cards.

For cash back cards the Chase Freedom is the best right now.

he won't be able to provide a better example,
he just said, search for it and you'll find it.
Well I searched, and I didn't find any better offer right now.

Don't hezitate, apply for this card, and get yourself the $200 bonus, people!

After that you can open a Chase Checking account and also get 10% bonus at the end of each cycle, plus 10 points more per each purchase!

No other credit card offers that.

Chase Freedom also has the Blue Print feature, which allows you to do a promo balance transfer and make purchases at the same time and choose (when making payments) each payment for where to be applied.

Every 3 months you also get 5% cash back on rotating categories, which is a standard nowadays.

And last this card has NO annual fee !!!!!!!

there are credit cards with 2% cash back on everything, but have annual fee.

Also when redeeming points, this card gives you the most for the points you spend - I have compared it with 6 other cards!

CONCLUSION - this is the best all-around card - at the moment!

[extrajay]

interesting, i'll find out at the end of this billing cycle. thanks.

also found the mortgage 1% cashback. i'll have to check up on that as well.

Just keep in mind that these are 2 different promotions.

The 10 and 10 is a promo if you have a Chase credit card and a Chase checking account.

The 1 % cash back mortgage promo is if you have a mortgage with Chase and if you have the Chase Checking account - at the end of the year Chase will transfer 1% of the total amount you have paid for mortgage into your checking account.

Both offers are great, but you need to have applied for your mortgage through Chase or I think you also qualify if you refinance with them.
Call your bank to confirm all that before you decide to take advantage of this promotion.

[blahblahyoutoo]

Just keep in mind that these are 2 different promotions.

The 10 and 10 is a promo if you have a Chase credit card and a Chase checking account.

The 1 % cash back mortgage promo is if you have a mortgage with Chase and if you have the Chase Checking account - at the end of the year Chase will transfer 1% of the total amount you have paid for mortgage into your checking account.

Both offers are great, but you need to have applied for your mortgage through Chase or I think you also qualify if you refinance with them.
Call your bank to confirm all that before you decide to take advantage of this promotion.

yup, i understand.
i have a lot of my finances thru chase including checking, mortgage and now the freedom card.
from the fine print though, it sounds like it has to be a NEW loan, whether mortgage or refi.

[defrauded]

Yes, I do know it from experience. I'm authorized user on my wife's Freedom card that is our "everyday card", and I've opened and closed at least 3 or 4 Freedom cards under my own name just to get these promotional 0% rates and bonuses, and got them every time.does it affect your FICO score - because u close & open accounts?

[nerzhulvendor]

does it affect your FICO score - because u close & open accounts?
duhhhhhhhhhhhh

[SiILENTKNiIGHT]

The original question was asked in reference to the Chase card. It was not a general "how to build credit" question.

Also, car loans may come easy, but for someone with little credit, they're going to want 15 - 20% interest. I got my first car loan while I was still in college. I first went to the chevy dealer who wanted 19%, and I told him no way. I didn't have any blemishes on my credit, but my lack of credit history was what killed me. With that said, I left the Chevy dealer and went to Ford, where I got a 2.9% lease. I think at the time, Ford catered to college students, believing they'd build a loyal customer base by doing so. I drive an Infiniti today, so... Anyway, I just don't think credit is as easy to come by these days.

ya i read the whole thing, he asked how he can get approved. he needs to build credit to get approved. if he keeps applying and getting declined every six months his score will just drop. by building credit in one of the ways i mentioned will help him get approved for the chase freedom card. high interest is the whole point of college cards and secure cards. They are pointless to people with good credit. why pay a fee for a college card?? because most likely thats the only card you can get atm. unless you have a parent thats going to add you to their card or just pay off the card for you every month it is very hard to get things going nowadays. if it were easy companies wouldnt make a living off of sub prime lending.

another easy way is to find somebody that ALWAYs pays their bills on time. ask to be a signer on the account. tell them you dont want a card or anything, its just to establish some credit history

[SiILENTKNiIGHT]

yup, i understand.
i have a lot of my finances thru chase including checking, mortgage and now the freedom card.
from the fine print though, it sounds like it has to be a NEW loan, whether mortgage or refi.

yeah its for new loans or refi's only. its in the docs you sign when the loan closes and at that time only

[Robert]

ya i read the whole thing, he asked how he can get approved. he needs to build credit to get approved. if he keeps applying and getting declined every six months his score will just drop. by building credit in one of the ways i mentioned will help him get approved for the chase freedom card. high interest is the whole point of college cards and secure cards. They are pointless to people with good credit. why pay a fee for a college card?? because most likely thats the only card you can get atm. unless you have a parent thats going to add you to their card or just pay off the card for you every month it is very hard to get things going nowadays. if it were easy companies wouldnt make a living off of sub prime lending.

another easy way is to find somebody that ALWAYs pays their bills on time. ask to be a signer on the account. tell them you dont want a card or anything, its just to establish some credit history

Ok, whatever. Anyway, I don't think you can ride on someone else's card anymore. I could be wrong, but I think they changed it a while back so that only joint account holders will get the benefit of the account history (not authorized users).

[Robert]

there are credit cards with 2% cash back on everything, but have annual fee.

CONCLUSION - this is the best all-around card - at the moment!

The Fidelity Rewards American Express Card (http://slickdeals.net/?&u2=http://personal.fidelity.com/products/checking/content/amex_rewards_card.shtml)[fidelity.com (http://slickdeals.net/?&u2=http://personal.fidelity.com/products/checking/content/amex_rewards_card.shtml)]gives 2% with no annual fee.

I use my PenFed card for 5% back on gas, Citi MTVu for 5% on restaurants, bookstores (including Amazon), movies, and music, and Fidelity on everything else.

I MAY add the chase freedom into the mix, only spending on the bonus categories for the quarter, but I don't know if I want to complicate things that much.

Fidelity also has a Visa Signature card for 1.5% back on everything up to $15,000 in purchases, and then 2% back after that.

[huevos]

Huevos just talks gibberish,
he gave a couple of examples about flight bonus miles cards.

For cash back cards the Chase Freedom is the best right now.

he won't be able to provide a better example,
he just said, search for it and you'll find it.
Well I searched, and I didn't find any better offer right now.

Don't hezitate, apply for this card, and get yourself the $200 bonus, people!

After that you can open a Chase Checking account and also get 10% bonus at the end of each cycle, plus 10 points more per each purchase!

No other credit card offers that.

Chase Freedom also has the Blue Print feature, which allows you to do a promo balance transfer and make purchases at the same time and choose (when making payments) each payment for where to be applied.

Every 3 months you also get 5% cash back on rotating categories, which is a standard nowadays.

And last this card has NO annual fee !!!!!!!

there are credit cards with 2% cash back on everything, but have annual fee.

Also when redeeming points, this card gives you the most for the points you spend - I have compared it with 6 other cards!

CONCLUSION - this is the best all-around card - at the moment!

Jesus, you sound like an advertisement for Chase. I'm not sure why you're taking this so personally. The Freedom is a decent card. However, like I said, it cannot be considered a good general use card because the 5% categories are rotating and uncontrollable by the user. Unless of course you only buy groceries during three months out the year, eat out during a separate three months of the year, etc.

I didn't link to the list because I'm not able to, as the list is on a competing deal forum and SD blocks links. However, as Robert mentioned, Fidelity offers a variety of cards that has better than 1% cashback on general purchases, up to 2%, no annual fee. Amex's old Blue Cash offers 1.25% if you surpass a certain threshold, no annual fee. Capital One has a no fee 1.25% cashback. Depending on your spending level, annual fee cards with consistent 2% may also be well worth it. Capital One Venture is 2% effective cash, and all airline miles cards issue a bare minimum of 1 mile per dollar. 2 cpm (effectively 2% for most airline cards) is very easy if you do any flying at all. The guys at FT manage to squeeze 10+ cpm (effectively 10%+). And looking down the list at the Forum That Cannot Be Mentioned, there are a handful of other cards issued by credit unions and smaller banks that offer better than 1% for general purchases.

While the bonuses are good for Chase, they cannot be controlled, and that puts them in the same category as Discover. Decent bonus, picky scheduling, no real benefits, and ultimately a niche spending card. And at that point, you're better off using multiple cards to maximize bonuses depending on category and time. Here's my personal set up:

General Purchases: Capital One Venture - 2% on everything
Groceries/Gas and big ticket items (for their unmatched warranty program): Amex Blue Everyday - 3%/2%, and 1% general
Restaurants/Amazon: CitiForward - 5%, 1% general
And Chase Freedom whenever one of the categories pops up.

Chase is a 1% cashback card, plain and simple. And if you're taking advantage of the Blueprint program, you're stepping over dollars to pick up pennies. Having a balance via a credit card is the unslickest of unslick deals. :shake:

[artieshay]

great deal for this card(though its the 4th time in about a month)

[extrajay]

Jesus, you sound like an advertisement for Chase. I'm not sure why you're taking this so personally. The Freedom is a decent card. However, like I said, it cannot be considered a good general use card because the 5% categories are rotating and uncontrollable by the user. Unless of course you only buy groceries during three months out the year, eat out during a separate three months of the year, etc.

I didn't link to the list because I'm not able to, as the list is on a competing deal forum and SD blocks links. However, as Robert mentioned, Fidelity offers a variety of cards that has better than 1% cashback on general purchases, up to 2%, no annual fee. Amex's old Blue Cash offers 1.25% if you surpass a certain threshold, no annual fee. Capital One has a no fee 1.25% cashback. Depending on your spending level, annual fee cards with consistent 2% may also be well worth it. Capital One Venture is 2% effective cash, and all airline miles cards issue a bare minimum of 1 mile per dollar. 2 cpm (effectively 2% for most airline cards) is very easy if you do any flying at all. The guys at FT manage to squeeze 10+ cpm (effectively 10%+). And looking down the list at the Forum That Cannot Be Mentioned, there are a handful of other cards issued by credit unions and smaller banks that offer better than 1% for general purchases.

While the bonuses are good for Chase, they cannot be controlled, and that puts them in the same category as Discover. Decent bonus, picky scheduling, no real benefits, and ultimately a niche spending card. And at that point, you're better off using multiple cards to maximize bonuses depending on category and time. Here's my personal set up:

General Purchases: Capital One Venture - 2% on everything
Groceries/Gas and big ticket items (for their unmatched warranty program): Amex Blue Everyday - 3%/2%, and 1% general
Restaurants/Amazon: CitiForward - 5%, 1% general
And Chase Freedom whenever one of the categories pops up.

Chase is a 1% cashback card, plain and simple. And if you're taking advantage of the Blueprint program, you're stepping over dollars to pick up pennies. Having a balance via a credit card is the unslickest of unslick deals. :shake:

CapitalOne Venture has Annual Fee of $59 (waved the first year only).
The Amex Blue card only offers that special after you spend $6500 in a calendar year, so it is only good and worthed if you can accomplish that in a couple of months in my opinion. The fine print on their web site reads:

Terms & Conditions

Effective as of March 15, 2011, you will receive Blue Cash Reward DollarsSM (reward dollars) for eligible purchases. The number of reward dollars you will receive each billing period is based on a percentage of the dollar amount of your eligible purchases during the billing period. The reward percentage is based on the type of purchase and your prior spend during the reward year at the time of purchase as follows:

Here they explain that before you spend $6500 you will earn only 1% on the everyday purchases and mere 0.5 % on the rest of the purchases.

Reward Year is the 12 billing periods in a row beginning with the one in which the anniversary of your Card account occurs. You can redeem reward dollars for statement credits in increments of 25 whenever your total available reward dollar balance is 25 or more.....and so on...

And anyways, I know that there are cards that offer great cash back on GAS purchases only, or on restaurants only.

I did not say they are not good cards.

I only said, that the Chase is the best all-around credit card at the moment, and I still stand behind that.

Here is a link to a site that compared the best Credit Cards (May 2011) and Chase Freedom is one of them:

http://www.dailymarkets.com/best-credit-cards/

If you apply for it with the current promotion you get FREE $200

I am not arguing with you.

As I said, you are correct with most things you said.
You just started talking a lot of gibberish, you gave some bad and irrelevant examples,
and only may have confused some people if this Freedom card offer is good or not.

The offer is great!

[JLee50]

Good for you! In my experience, both Chase and BoA are leeches.

Now I use Amex and PenFed Visa only.
mm, I really do love my Amex. :)

[huevos]

CapitalOne Venture has Annual Fee of $59 (waved the first year only).
The Amex Blue card only offers that special after you spend $6500 in a calendar year, so it is only good and worthed if you can accomplish that in a couple of months in my opinion. The fine print on their web site reads:

Terms & Conditions

Effective as of March 15, 2011, you will receive Blue Cash Reward DollarsSM (reward dollars) for eligible purchases. The number of reward dollars you will receive each billing period is based on a percentage of the dollar amount of your eligible purchases during the billing period. The reward percentage is based on the type of purchase and your prior spend during the reward year at the time of purchase as follows:

Here they explain that before you spend $6500 you will earn only 1% on the everyday purchases and mere 0.5 % on the rest of the purchases.

Reward Year is the 12 billing periods in a row beginning with the one in which the anniversary of your Card account occurs. You can redeem reward dollars for statement credits in increments of 25 whenever your total available reward dollar balance is 25 or more.....and so on...

And anyways, I know that there are cards that offer great cash back on GAS purchases only, or on restaurants only.

I did not say they are not good cards.

I only said, that the Chase is the best all-around credit card at the moment, and I still stand behind that.

Here is a link to a site that compared the best Credit Cards (May 2011) and Chase Freedom is one of them:

http://www.dailymarkets.com/best-credit-cards/

If you apply for it with the current promotion you get FREE $200

I am not arguing with you.

As I said, you are correct with most things you said.
You just started talking a lot of gibberish, you gave some bad and irrelevant examples,
and only may have confused some people if this Freedom card offer is good or not.

The offer is great!

For Capital One: The $59 annual fee version is better than a no annual fee 1% card if you spend $5900 or more a year. Unless you have someone else paying for your expenses, $5900 in a year is nothing. That's essentially $100 a week. There is also a no fee 1.25% version if you don't want to get dinged with a fee.

Amex Blue: No longer issued, but for people that churn a lot of money through their cards, this one is great. You only listed the general purchases category too. Don't forget about the bonus categories.

What about the Fidelity cards? 2%, no annual fee. Or any of the other cards I mentioned? Airline miles cards earn 2 cpm/2% easy, or upwards 10%+ if you work the system. The CU cards? The Fidelity, in particular, blows the Freedom out of the water for a general use, "all around" card.

The Chase is a solid 1% card. But at the end of the day, it's still a 1% card. I mean, check out this quarter's cashback categories: Home Improvement, Lawn and Garden, Home Furnishings. Yeah, it's great if you happen to be in the market for this type of stuff and this precise time. But it's not really something the majority of people spend most of their money on.


As I said, you are correct with most things you said.
You just started talking a lot of gibberish, you gave some bad and irrelevant examples,
and only may have confused some people if this Freedom card offer is good or not.


I'm the one giving a fair, honest assessment of the card and the alternatives, and people can decide for themselves. Your constant rah-rahing is bordering on astroturfing.

[SiILENTKNiIGHT]

Ok, whatever. Anyway, I don't think you can ride on someone else's card anymore. I could be wrong, but I think they changed it a while back so that only joint account holders will get the benefit of the account history (not authorized users).

As far as Chase goes there is no such thing as joint credit cards anymore. You can add somebody as an additional user only. It sounds ify but that is something I can guarantee. Not sure about other companies though and not 100% on the additional user building credit. It definitely used to work that way but you may be right that it changed a while back.

[SiILENTKNiIGHT]

The Chase is a solid 1% card. But at the end of the day, it's still a 1% card. I mean, check out this quarter's cashback categories: Home Improvement, Lawn and Garden, Home Furnishings. Yeah, it's great if you happen to be in the market for this type of stuff and this precise time. But it's not really something the majority of people spend most of their money on.


Unless you have a Chase account. I think that's the main thing they were referring to.

Let's take 20 purchases in 1 month for a total of $1000.

First is 1000 points for standard points. Then an extra 100 for the 10% bonus and another 200 for the 20 purchases. That's 1300 points for the month if you don't make purchases in the extra 4% categories at all. On airline cards that would be like Chase letting you use the points to pay for your checking account. Of course you can give out double the points right off the bat if your only giving rewards for your own products. The Ultimate Rewards Mall has a TON of things to choose from, your not limited to flight and you can even get cash back. Not to mention that if you book your flight through the UR Mall you get 2% for that purchase. It really is the best all around card. If you travel all the time maybe another card will work for you but for all around the only comparison is the Amex Gold card...which has an annual fee and doesn't allow you to pay it off as you please. Without a Chase account you are completely correct though, it's pretty much just a standard card, not bad but not great.

[Kenjiwing]

How long does it take to get approval.. mine is saying 10 days. Im assuming I was denied because it wasnt instant.

[addtd2sd]

How long does it take to get approval.. mine is saying 10 days. Im assuming I was denied because it wasnt instant.
same here.

[davesquires]

Jesus, you sound like an advertisement for Chase. I'm not sure why you're taking this so personally. The Freedom is a decent card. However, like I said, it cannot be considered a good general use card because the 5% categories are rotating and uncontrollable by the user. Unless of course you only buy groceries during three months out the year, eat out during a separate three months of the year, etc.

I didn't link to the list because I'm not able to, as the list is on a competing deal forum and SD blocks links. However, as Robert mentioned, Fidelity offers a variety of cards that has better than 1% cashback on general purchases, up to 2%, no annual fee. Amex's old Blue Cash offers 1.25% if you surpass a certain threshold, no annual fee. Capital One has a no fee 1.25% cashback. Depending on your spending level, annual fee cards with consistent 2% may also be well worth it. Capital One Venture is 2% effective cash, and all airline miles cards issue a bare minimum of 1 mile per dollar. 2 cpm (effectively 2% for most airline cards) is very easy if you do any flying at all. The guys at FT manage to squeeze 10+ cpm (effectively 10%+). And looking down the list at the Forum That Cannot Be Mentioned, there are a handful of other cards issued by credit unions and smaller banks that offer better than 1% for general purchases.

While the bonuses are good for Chase, they cannot be controlled, and that puts them in the same category as Discover. Decent bonus, picky scheduling, no real benefits, and ultimately a niche spending card. And at that point, you're better off using multiple cards to maximize bonuses depending on category and time. Here's my personal set up:

General Purchases: Capital One Venture - 2% on everything
Groceries/Gas and big ticket items (for their unmatched warranty program): Amex Blue Everyday - 3%/2%, and 1% general
Restaurants/Amazon: CitiForward - 5%, 1% general
And Chase Freedom whenever one of the categories pops up.

Chase is a 1% cashback card, plain and simple. And if you're taking advantage of the Blueprint program, you're stepping over dollars to pick up pennies. Having a balance via a credit card is the unslickest of unslick deals. :shake:
Thanks for giving your list of cards, I am going to dig into them. I think the Chase and Discover category cards are must have's and easily exploitable for most average spenders. I think there's A LOT of value in those categories for both cards, throughout the year.

I also do think you're right you need a 3rd (and possibly 4th/5th) card for everything else.

Pretty simple strategy really, use the Discover & Chase for maxing the niche categories and solid 3rd & 4th cards for the ~2ish % everywhere else.

[extrajay]

Unless you have a Chase account. I think that's the main thing they were referring to.

Let's take 20 purchases in 1 month for a total of $1000.

First is 1000 points for standard points. Then an extra 100 for the 10% bonus and another 200 for the 20 purchases. That's 1300 points for the month if you don't make purchases in the extra 4% categories at all. On airline cards that would be like Chase letting you use the points to pay for your checking account. Of course you can give out double the points right off the bat if your only giving rewards for your own products. The Ultimate Rewards Mall has a TON of things to choose from, your not limited to flight and you can even get cash back. Not to mention that if you book your flight through the UR Mall you get 2% for that purchase. It really is the best all around card. If you travel all the time maybe another card will work for you but for all around the only comparison is the Amex Gold card...which has an annual fee and doesn't allow you to pay it off as you please. Without a Chase account you are completely correct though, it's pretty much just a standard card, not bad but not great.

Thank you!
One person to agree with me.

And as I already said: they give you FREE $200!

Great deal!

[huevos]

Unless you have a Chase account. I think that's the main thing they were referring to.

Let's take 20 purchases in 1 month for a total of $1000.

First is 1000 points for standard points. Then an extra 100 for the 10% bonus and another 200 for the 20 purchases. That's 1300 points for the month if you don't make purchases in the extra 4% categories at all. On airline cards that would be like Chase letting you use the points to pay for your checking account. Of course you can give out double the points right off the bat if your only giving rewards for your own products. The Ultimate Rewards Mall has a TON of things to choose from, your not limited to flight and you can even get cash back. Not to mention that if you book your flight through the UR Mall you get 2% for that purchase. It really is the best all around card. If you travel all the time maybe another card will work for you but for all around the only comparison is the Amex Gold card...which has an annual fee and doesn't allow you to pay it off as you please. Without a Chase account you are completely correct though, it's pretty much just a standard card, not bad but not great.

The Ultimate Rewards Mall is, unfortunately, a bit of a joke. On the merchant side, the cashback that you get can be easily duplicated or surpassed by any of a multitude of cash rebate sites. On the product side, the prices are so inflated that you're better off just getting cash and buying it at a retailer at regular price. There was (still is?) a 30% sale site wide at UR. There were barely any deals to be had, even with the rare 30% discount. Same goes for redeeming directly for airfare. It's not different to just get cash and use a higher cashback card to buy.

Linking a Freedom to a Chase checking account has some merit, but ultimately it just becomes a 1.1% cashback card with a 10 cent bonus per transaction. It would take a very contrived situation for it to ever surpass the 2% offered by Fidelity. Basically you have to make sure all of your transactions are under $10. That's the only what it's going to happen.

The Freedom card is great for the bonuses and I personally take advantage whenever the stars align and I spend in one of the active bonus categories, but as an all around card? No way. No anymore.

[Robert]

The Ultimate Rewards Mall is, unfortunately, a bit of a joke. On the merchant side, the cashback that you get can be easily duplicated or surpassed by any of a multitude of cash rebate sites. On the product side, the prices are so inflated that you're better off just getting cash and buying it at a retailer at regular price. There was (still is?) a 30% sale site wide at UR. There were barely any deals to be had, even with the rare 30% discount. Same goes for redeeming directly for airfare. It's not different to just get cash and use a higher cashback card to buy.

Linking a Freedom to a Chase checking account has some merit, but ultimately it just becomes a 1.1% cashback card with a 10 cent bonus per transaction. It would take a very contrived situation for it to ever surpass the 2% offered by Fidelity. Basically you have to make sure all of your transactions are under $10. That's the only what it's going to happen.

The Freedom card is great for the bonuses and I personally take advantage whenever the stars align and I spend in one of the active bonus categories, but as an all around card? No way. No anymore.

If it makes you feel better, I agree with you :)

I have a Chase Freedom card that I got years ago when they were offering a $250 bonus for signing up (actually, it was $200, but back then they gave you a $50 bonus when you redeemed in $200 increments). Anyway, my wife and I each charged a few bucks, got the $250 each, and we've enver used the card since.

However, with credit card issuers becoming increasingly "stingy" with rewards lately, I'm having to get more creative with my strategy to maintain the rewards level we've become accustomed to. So I will be dusting off the Freedom card, but purchases will be reserved for only those categories earning 5% for the quarter. All other purchases will be placed on other cards:

Fidelity Amex 2% on everything
Fedelity Visa Signature - 1.5% (used only in places that don't accept Amex)
Citi MTVu - 5% on restaurants, Amazon, movies
PenFed Visa - 5% on gas

[eibboh]

Anyone know what the offer code is for this promotion?

I have an existing card with Chase and can have the $100 CB deal applied if I give them the offer code.

[nasdaqsci]

Is the Citi MTVu actually 5% CB on restaurants? I tried checking and 8000 points gets you $50.

[x_ge0rge]

If it makes you feel better, I agree with you :)

I have a Chase Freedom card that I got years ago when they were offering a $250 bonus for signing up (actually, it was $200, but back then they gave you a $50 bonus when you redeemed in $200 increments). Anyway, my wife and I each charged a few bucks, got the $250 each, and we've enver used the card since.

However, with credit card issuers becoming increasingly "stingy" with rewards lately, I'm having to get more creative with my strategy to maintain the rewards level we've become accustomed to. So I will be dusting off the Freedom card, but purchases will be reserved for only those categories earning 5% for the quarter. All other purchases will be placed on other cards:

Fidelity Amex 2% on everything
Fedelity Visa Signature - 1.5% (used only in places that don't accept Amex)
Citi MTVu - 5% on restaurants, Amazon, movies
PenFed Visa - 5% on gas

for the penfed visa, its always 5% on gas? is there a limit? like my costco amex, its 3% on gas for the first $3000. Afterwards, it becomes 1%

Is the Citi MTVu actually 5% CB on restaurants? I tried checking and 8000 points gets you $50.

https://creditcards.citi.com/credit-cards/citi-mtvu-platinum-select-visa-card-for-college-students/

take a look

[Robert]

Is the Citi MTVu actually 5% CB on restaurants? I tried checking and 8000 points gets you $50.

No, not Cash Back, unfortunately. I usually wait until I have 10,000 points and then redeem for a $100 gift card. Not quite the same as cash, but close enough -- especially since here lately they've had Wal-mart gift cards, which seems to get most of my money anyway.

[Robert]

for the penfed visa, its always 5% on gas? is there a limit? like my costco amex, its 3% on gas for the first $3000. Afterwards, it becomes 1%


No, there's no limit (or if there is, I've never hit it). The great thing about PenFed is they give you the cash back in the form of a statement credit every month. I've been averaging around $50 per month, but that was before they stopped giving 2% on grocery (they counted Wal-mart as grocery).

[x_ge0rge]

No, there's no limit (or if there is, I've never hit it). The great thing about PenFed is they give you the cash back in the form of a statement credit every month. I've been averaging around $50 per month, but that was before they stopped giving 2% on grocery (they counted Wal-mart as grocery).
thanks for the reply. 50 dollars of credit from gas is quite a bit You spend 1000 dollar on gas each month? o.o

also, any gas station counts right? not just big ones? i have some local ones near my area which i havent seen anywhere else before.

[CombatFrog]

No, not Cash Back, unfortunately. I usually wait until I have 10,000 points and then redeem for a $100 gift card. Not quite the same as cash, but close enough -- especially since here lately they've had Wal-mart gift cards, which seems to get most of my money anyway.

Are you sure it's 10,000 points? I got the Citi Forward right after college and perhaps it's a different program but in my program the point value of $100 is 16,000 points. Assuming you get 1 point per dollar spent (ignoring the eating out point bonus) that's a cashback value of 0.6%.

Getting giftcards can bring the cashback value up to about 0.8% but it's still pretty meh. Depending on how much you spend at restaurants you have the chance of getting those cashback values up to a little over 1% but that's up to you.

Tbh this Chase card seems like a pretty solid deal to me I'll probably switch to it unless I find something else I like more.

[anewday]

For once I'm glad my monthly bills are high. :bounce:

[Robert]

thanks for the reply. 50 dollars of credit from gas is quite a bit You spend 1000 dollar on gas each month? o.o

also, any gas station counts right? not just big ones? i have some local ones near my area which i havent seen anywhere else before.

I don't spend anywhere near that on Gas. What I was saying is that ALL PURCHASES for the month (gas, utilities, clothes, etc...) netted me about $50 cash back per month. But that's when PenFed's terms were attractive enough to use the card for everything. Now, I only use it for gas, and I get back about $20 per month.

[huevos]

Are you sure it's 10,000 points? I got the Citi Forward right after college and perhaps it's a different program but in my program the point value of $100 is 16,000 points. Assuming you get 1 point per dollar spent (ignoring the eating out point bonus) that's a cashback value of 0.6%.

Getting giftcards can bring the cashback value up to about 0.8% but it's still pretty meh. Depending on how much you spend at restaurants you have the chance of getting those cashback values up to a little over 1% but that's up to you.

Tbh this Chase card seems like a pretty solid deal to me I'll probably switch to it unless I find something else I like more.

The point value for GCs regularly goes on sale for 10,000 points for $100 points for stores like Walmart and Best Buy. TYP has gone through some dilution over the years, but it's still relatively easy to get 1 cent per point out of them by buying GCs. A Walmart GC is essentially same-as-cash if you have any household expenses at all, and you can use Best Buy GCs to buy Amazon GCs in-store.

[Robert]

Are you sure it's 10,000 points? I got the Citi Forward right after college and perhaps it's a different program but in my program the point value of $100 is 16,000 points. Assuming you get 1 point per dollar spent (ignoring the eating out point bonus) that's a cashback value of 0.6%.

Getting giftcards can bring the cashback value up to about 0.8% but it's still pretty meh. Depending on how much you spend at restaurants you have the chance of getting those cashback values up to a little over 1% but that's up to you.

Tbh this Chase card seems like a pretty solid deal to me I'll probably switch to it unless I find something else I like more.

I never do cash back on the Citi card. I always get gift cards, and yes, you can get a $100 gift card for 10,000 points.

[CombatFrog]

I never do cash back on the Citi card. I always get gift cards, and yes, you can get a $100 gift card for 10,000 points.
The point value for GCs regularly goes on sale for 10,000 points for $100 points for stores like Walmart and Best Buy. TYP has gone through some dilution over the years, but it's still relatively easy to get 1 cent per point out of them by buying GCs. A Walmart GC is essentially same-as-cash if you have any household expenses at all, and you can use Best Buy GCs to buy Amazon GCs in-store.

Hm I stand corrected. I never saw the $100 giftcards. The rewards on sale section would always be full of useless junk whenever I looked at it. Yeah a $100 walmart card would certainly be worth it.

[tdkyun]

Anyone who got the $300 cashback offer: can you guys tell us about how good your credit is and what cards you already have?
mine is in the 700-750 range.. I have a capitalone, citi, amex (rarely used).

[tdkyun]

How long does it take to get approval.. mine is saying 10 days. Im assuming I was denied because it wasnt instant.

Received a letter from chase, applied online using the invitation code from the letter. I wasn't approved instantly instead got a call about 3-4 days later. They verified some information and was told that I was approved.

[rayluc723]

Instant approval, yay :)

Better than my BofA Student card that got me no rewards whatsoever.

[happybilmore]

enjoy getting approved for 1400 :) lol

[SiILENTKNiIGHT]

I never do cash back on the Citi card. I always get gift cards, and yes, you can get a $100 gift card for 10,000 points.

How is getting a gift card better? I thought it was basically the same thing. 10k points = $100 gift card or $100 cash back. I'm not arguing with you at all, just want a little more details on that.

[nasdaqsci]

How is getting a gift card better? I thought it was basically the same thing. 10k points = $100 gift card or $100 cash back. I'm not arguing with you at all, just want a little more details on that.
For the Citi MTVU card 16k points get you $100 cash back, but 10k points get you $100 gift cards.

[noobody]

just got approved for a $300cb/500 spending card through offer in the mail.

does chase freedom card 5% cash back excluding gift card? can i just buy $1500 home depot gift card and spend it in rest of the year? do the same as grocery and gas? i know it's money paid in advance,but 5% is much better than 1% Apr bank saving account.

[April_Lee]

How long does it take to get approval.. mine is saying 10 days. Im assuming I was denied because it wasnt instant.


Yeah, the same thing happened when I applied a few days ago. I have a good credit score, but limited credit history. I already had a different credit card through Chase, and when I logged into that account, it showed the Freedom card also, with a $4900 credit limit! That's almost two times more than my other Chase card. Don't give up hope!

[blahblahyoutoo]

The Ultimate Rewards Mall is, unfortunately, a bit of a joke. On the merchant side, the cashback that you get can be easily duplicated or surpassed by any of a multitude of cash rebate sites. On the product side, the prices are so inflated that you're better off just getting cash and buying it at a retailer at regular price. There was (still is?) a 30% sale site wide at UR. There were barely any deals to be had, even with the rare 30% discount. Same goes for redeeming directly for airfare. It's not different to just get cash and use a higher cashback card to buy.

Linking a Freedom to a Chase checking account has some merit, but ultimately it just becomes a 1.1% cashback card with a 10 cent bonus per transaction. It would take a very contrived situation for it to ever surpass the 2% offered by Fidelity. Basically you have to make sure all of your transactions are under $10. That's the only what it's going to happen.

The Freedom card is great for the bonuses and I personally take advantage whenever the stars align and I spend in one of the active bonus categories, but as an all around card? No way. No anymore.

really?
ultimate rewards was offering 3% at Lowes while FW was only offering 2%
the prices were what lowes offered, so i don't see how it could be inflated.

[Felisity]

I must be blind. I don't see anywhere on the application page that specifically says current card holders aren't eligible. It does, however, state that those with Chase cards who have received similar promotional pricing or rewards may not be eligible.

"Chase cardmembers who currently have or have had a Chase credit card in any Rewards Program associated with this offer or have received a similar bonus offer, may not be eligible for a second Chase credit card in the same Rewards Program, or for any bonus offer. Chase cardmembers currently receiving promotional pricing, or Chase cardmembers with a history of only using their current or prior Chase card for promotional pricing offers, are not eligible for a second Chase credit card with promotional pricing."

None of my Chase cards, including my current Freedom, were ever associated with any offers similar to this. I got my Chase cards before becoming a SD'er - and thus didn't know about any of these promo offers affiliated with Chase cards.

I gave it a shot anyway. Worst that can happen is I get a "no". Sweet deal OP - rep'd and thumb'd.

[Robert]

How is getting a gift card better? I thought it was basically the same thing. 10k points = $100 gift card or $100 cash back. I'm not arguing with you at all, just want a little more details on that.

Look. You can't get $100 cash for 10,000 points through Citi's ThankYou Network. It'll cost you a lot more than 10,000 points. That's why I get the gift cards. $100 gift card = 10,000 points.

[huevos]

really?
ultimate rewards was offering 3% at Lowes while FW was only offering 2%
the prices were what lowes offered, so i don't see how it could be inflated.

Mr Rebates is offering 3% on Lowes right now. There are a zillion rebate sites out there and signing up with one or two of them will match or exceed Chase's Merchant Mall pretty much every time. There are rare rare exceptions, of course.

As for the prices being inflated, I was referring to the Merchant Mall sections where you can directly buy products for points. The problem is that the mark up is incredible and you're better off just redeeming your points for cash, then buying at any retailer, even at list price. They were running (maybe still running) a 30% off sale recently, and prices were STILL over what you'd find at places like Amazon. It's a complete rip off.

[JabberWockey]

I have one credit card with a limit of 1200, that I intentionally set since it was my first CC out of college, but I'm going back to grad school and could use the card as a backup in case I get in a sticky bind with sudden auto repairs, etc.

Are there annual fees on this? What about if you don't use the card for three months?

[TH CrazyJ]

For the Chase Sapphire Preferred, do I have to wait until after 3 months to get the 50,000 points or will it appear after the first month if I make $3000 in purchases as soon as I get the card?

[QuestorJones]

Why would you ever want a CC with an annual fee? And nobody has answered my question...won't closing the credit card after about 1 year to avoid the annual fee have a net negative impact on your credit rating (even assuming great % of credit used and full payment every month on time)?

Only the sapphire card has an annual fee... Opening another credit line will impact your overall rating (heck, even just applying for one will affect your rating as it shows an inquiry, which most banks infer to mean that you may have more possible debt than is currently reflected in your history)

However (AFAIK) closing a credit line is a net positive on your credit rating since it reduces the potential debt you can incur. However, it may takes up to 3+ months for your credit history to reflect the closed state of your card. Of course, closing all credit lines is generally not so great as it gives you no recent credit history for the banks to interpret.

The lag in the credit history updates (for open/close, but not inquiries) is why inquiries are a net negative even if you did not get the card (since inquiries are reported right away)... IE: the banks assume you have another card or debt that will be reported soon.

Note: This is (AFAIK) the situation about 10 years ago, but credit rules have changed, so it may or may not still be the case today.

Cheers.

[x_ge0rge]

just got approved for a $300cb/500 spending card through offer in the mail.

does chase freedom card 5% cash back excluding gift card? can i just buy $1500 home depot gift card and spend it in rest of the year? do the same as grocery and gas? i know it's money paid in advance,but 5% is much better than 1% Apr bank saving account.

The 5% is a bonus rotating category so yes if the current category is home improvment then go ahead and buy it. But it isn't worth it.

[Royal2000H]

Only the sapphire card has an annual fee... Opening another credit line will impact your overall rating (heck, even just applying for one will affect your rating as it shows an inquiry, which most banks infer to mean that you may have more possible debt than is currently reflected in your history)

However (AFAIK) closing a credit line is a net positive on your credit rating since it reduces the potential debt you can incur. However, it may takes up to 3+ months for your credit history to reflect the closed state of your card. Of course, closing all credit lines is generally not so great as it gives you no recent credit history for the banks to interpret.

The lag in the credit history updates (for open/close, but not inquiries) is why inquiries are a net negative even if you did not get the card (since inquiries are reported right away)... IE: the banks assume you have another card or debt that will be reported soon.

Note: This is (AFAIK) the situation about 10 years ago, but credit rules have changed, so it may or may not still be the case today.

Cheers.

I was under the impression that closing a credit card was bad for your credit. Never understood why that was the case, but that's what I heard.


Also, does anyone give 5% on gas without having to deal with gift cards?
I use the Costco Amex and love just getting a check at the end of the year.

[x_ge0rge]

I was under the impression that closing a credit card was bad for your credit. Never understood why that was the case, but that's what I heard.


Also, does anyone give 5% on gas without having to deal with gift cards?
I use the Costco Amex and love just getting a check at the end of the year.

penfed visa has 5% on gas.

[mindraider]

penfed visa has 5% on gas.
Yes, and DIscover also has an Open Road card designed for rewards in restaurants and filling up at the pump. You get 2% back in each as well as $50 cash bonus for signing up and a 0% intro rate.

[Robert]

I was under the impression that closing a credit card was bad for your credit. Never understood why that was the case, but that's what I heard.


Also, does anyone give 5% on gas without having to deal with gift cards?
I use the Costco Amex and love just getting a check at the end of the year.

Yes, you heard right and Questor is wrong. Generally speaking, closing a credit card will have a negative effect on your credit score. The reason is at least 2 fold. First, it will affect your "average age of accounts." Second, it reduces the amount of available credit, thereby raising your debt/credit ratio. For example, let's say you have $20,000 in credit lines split across 2 cards ($10,000 on each). One card has $5,000 charged on it, but the other card has nothing. Your current debt/credit ratio is 25% ($5000/$20,000). If you close the card you're not using, you'll reduce your available credit by $10,000, thereby raising your debt/credit ratio to 50% ($5,000/$10,000).

Also, the PenFed Visa is the best for gas. Not only do they give you 5% back on fuel purchases, but they give it to you in the form of a statement credit every month.

[newbie_Iam]

I applied for Chase Freedom, and I got no reply from Chase. How long will it take for the approval after apply. Can I go ahead and re-apply again !!!

[addtd2sd]

I applied for Chase Freedom, and I got no reply from Chase. How long will it take for the approval after apply. Can I go ahead and re-apply again !!!
I applied on the 21st....haven't heard anything from chase yet

[monacutest]

I got approved for $1000 CL! Woohoo! I called to check my application status. At first, the guy told me that my application was turned down but he put me on hold for a few minutes and asked me a few questions... then approved me! Woohoo! Can't wait to get my cashback :D

[Royal2000H]

penfed visa has 5% on gas.

Do I have to be related to the gov't or military to get this?

[slickbang]

deleted

[sbruno]

thx, I'm going to open Chase account..

[mindraider]

Do I have to be related to the gov't or military to get this?
https://www.penfed.org/howtojoin/overview.asp

Worst case scenario, if you don't fall under one of those categories, is you pay a one-time $15 fee to Voices for America's Troops.

[x_ge0rge]

https://www.penfed.org/howtojoin/overview.asp

Worst case scenario, if you don't fall under one of those categories, is you pay a one-time $15 fee to Voices for America's Troops.
i dont :( i am just a normal person working for a regular company.
Hmm this is interesting. Even with 15 dollar one time fee, the 5% cashback on gas for the futre will sure save me aloot MORE :lol::lol:

Basically after spending 300 dollars on gas (which would get 15 dollars) everything else after will be really NICE :D

[dswann]

Didn't have instant approval and haven't heard any status update, I log into my pre-existing chase account (sony and amazon cards) - and I see my new Chase Freedom listed as a credit card :) . Looks like I got a $4,000 CL

[monacutest]

I got approved for $1000 CL! Woohoo! I called to check my application status. At first, the guy told me that my application was turned down but he put me on hold for a few minutes and asked me a few questions... then approved me! Woohoo! Can't wait to get my cashback :D

omg! i checked my amazon account and my chase freedom is there... I actually got $3000 CL! weee!

[Royal2000H]

I've never dealt with a credit union compared to a big bank. Wonder how they are.. I'll have to read their terms. My roommate was in the Navy. Guess that makes me eligible. I hope eligibility holds even when I don't live with him.

[Royal2000H]

If you're going to get a card from a government credit union, like penfed,

Might as well get this one:
5% gas, 1.25% everything else
Fort Knox Visa
http://fortknoxfcu.org/visa.html

(penfed is 5% gas, 1% else)

[vnw98]

I think I am going to sign up for this card. I am waiting for apple to come out with their student promo buy a mac and get a free ipod touch. I am going to combine it with this and get 200 back and that will be a slick deal for me. My credit score is in the 800's and even if it takes a hit I should be ok.

edit: I just realized I took advantage of the southwest card get 500 dollars after you spend 5 k and after first purchase 1 free flight. Will I still be able to get the 200 on this?

[brian2220]

I think I am going to sign up for this card. I am waiting for apple to come out with their student promo buy a mac and get a free ipod touch. I am going to combine it with this and get 200 back and that will be a slick deal for me. My credit score is in the 800's and even if it takes a hit I should be ok.

edit: I just realized I took advantage of the southwest card get 500 dollars after you spend 5 k and after first purchase 1 free flight. Will I still be able to get the 200 on this?


6 months is the wait time for another new credit account they said
i found out the hard way a few months back :shake:

[vnw98]

6 months is the wait time for another new credit account they said
i found out the hard way a few months back :shake:

Thanks. I am pretty sure it was over 6 months ago, but I will double check before applying. Is there any other card company that is doing 200 after you spend a certain amount?

Edit: got the card October 2010 so over 6 months. Awesome

[x_ge0rge]

If you're going to get a card from a government credit union, like penfed,

Might as well get this one:
5% gas, 1.25% everything else
Fort Knox Visa
http://fortknoxfcu.org/visa.html

(penfed is 5% gas, 1% else)

great find, anyway to get it the card if not working govt or union?

just a normal person working for a regular small owned company

[eddiehaskell]

Would this be a good first credit card?

[mindraider]

great find, anyway to get it the card if not working govt or union?

just a normal person working for a regular small owned company
Yesh. Read here: http://fortknoxfcu.org/membership.html

[BigJ2078]

Guys, you can call Chase's automated line to find out if you were approved or not:

Call 1-800-432-3117 to find out via the automated message (Hit # when asked for account info, then option 2, option 1, then social).

[x_ge0rge]

Would this be a good first credit card?
no i dont think so. From what i see here, most first timers get rejected. Try wells fargo college or maybe discover. They are bit easier.
Yesh. Read here: http://fortknoxfcu.org/membership.html

thank you. So since these cards have more desirable cashback bonuses... why dont more people use them?

[Royal2000H]

thank you. So since these cards have more desirable cashback bonuses... why dont more people use them?
Mostly unheard of is my guess.

BofA, Chase, Citi,Amex,Capital One, etc are huge companies with a big image and tons of money in marketing.

Fort Knox and PenFed are small credit unions.
PenFed actually supplies Fort Knox with the card from what I read online.

[x_ge0rge]

Mostly unheard of is my guess.

BofA, Chase, Citi,Amex,Capital One, etc are huge companies with a big image and tons of money in marketing.

Fort Knox and PenFed are small credit unions.
PenFed actually supplies Fort Knox with the card from what I read online.

that's what i was thinking too actually. I might have to apply for this card soon :D

[kazaamut]

Looks dead

[Robert]

that's what i was thinking too actually. I might have to apply for this card soon :D

PenFed is a good company. I got their card with a generous credit line ($19,000) almost a year ago. Since then, I've added a car loan and also a mortgage. I couldn't be happier.

[Jpripper88]

Looks like this deal is dead, but I did get a better offer of $200 (20,000 bonus points) after first transaction. Can't find anything on that deal online, but it is out there.

[vnw98]

Guys, you can call Chase's automated line to find out if you were approved or not:

Call 1-800-432-3117 to find out via the automated message (Hit # when asked for account info, then option 2, option 1, then social).

Sweet I applied two days ago and this worked and got a CL of 12k. Perfect new mac book pro is going on this as soon as the student deal come around.

[addtd2sd]

Sweet I applied two days ago and this worked and got a CL of 12k. Perfect new mac book pro is going on this as soon as the student deal come around.
are you getting the visa signature card ?

i was told that if the CL is over $5000, its a visa signature but when i called them today CSR told me it's a regular visa even though i got approved for more than $5k. she asked me to wait until the card arrives.

[Codeblue]

Looks like this deal is dead, but I did get a better offer of $200 (20,000 bonus points) after first transaction. Can't find anything on that deal online, but it is out there.
From where?

[Jpripper88]

From where?
Called asking about the offer in this thread and got that instead.

[SyNKi]

Applied on 5/26 and didn't get a instant approval. Waited a few days and decided to called today. Found out from a CSR that I was approved and that I did qualify for the promotion. $200 CB. Sweet! So for those who didn't get a instant approval, wait a few and call in.

[vnw98]

are you getting the visa signature card ?

i was told that if the CL is over $5000, its a visa signature but when i called them today CSR told me it's a regular visa even though i got approved for more than $5k. she asked me to wait until the card arrives.

Oh I have no clue if its a signature or not. I just clicked on the link posted and applied from that website. I was just doing this for the 200 dollars. If its visa signature even better as I am going to cancel my Southwest visa signature card when I hit 12 months so I dont have to pay for the yearly fee.

[addtd2sd]

got my card today and it's not a signature card.:shake:

i was told that if it's over $5k credit limit, its going to be a visa signature card, which isn't true.

so i called in and canceled it right away.

[vinz]

I got denied! oh well! I guess I have to many chase cards now

[Fusion7]

How long does it typically take to get the cash back?

I opened my card in April when they had the same promotion going on and have only put one transaction on the card for $1600, just paid it off today. Should I expect the $200 cb next billing cycle or $100 and then another $100 the following cycle?

[blahblahyoutoo]

How long does it typically take to get the cash back?

I opened my card in April when they had the same promotion going on and have only put one transaction on the card for $1600, just paid it off today. Should I expect the $200 cb next billing cycle or $100 and then another $100 the following cycle?

I got mine right away, within the first statement. I spent $2k.

[rembran]

Is this card Mastercard or Visa ? ... :confused::confused:

[dingdong123]

Is this card Mastercard or Visa ? ... :confused::confused:
During last promotion, I received Visa. Anyways does it matter? Plz enlighten me on how does it matter?

[Fusion7]

I got mine right away, within the first statement. I spent $2k.
Thank you :)

[kscripter]

During last promotion, I received Visa. Anyways does it matter? Plz enlighten me on how does it matter?

I know VISA doubles your warranty coverage. Not sure if MC does.

[dingdong123]

I know VISA doubles your warranty coverage. Not sure if MC does.
Oh yeah...Also Visa normally has price protection feature too.

[vtecb20coupe]

visa vs mc does matter. i can't use visa at sam's.

[Mal8525]

would i qualify for the cashback if i already have a chase disney card?

[serendipityxt]

I'm a 21 year old student who has had a bofa card for the past 3 years and discover for the past 3 months. I ALWAYS make payments on time. Do you guys think I'll be approved for chase freedom? I'm afraid if I get rejected, it'll be bad for my credit.

Also, where can I submit a report to get my FICO score?

[majch]

I just received my card. They actually gave me a different promotion – spend $3K in 3 months and get 50K points that I’ll use for a $500 gift card. Once you receive, I’d call to verify that you got the promotion you wanted.

[vtecb20coupe]

^^ nice promo. i can only hope that i would receive something similar. $3k in three months is easy.

[raskal311]

How long does it typically take to get the cash back?

I opened my card in April when they had the same promotion going on and have only put one transaction on the card for $1600, just paid it off today. Should I expect the $200 cb next billing cycle or $100 and then another $100 the following cycle?

I was told that it can not be one big transaction by chase. $500 within the the first three months then an other $1000 after. Please let me know if I am wrong because I have been holding off on spending any more on that card.

[asrw]

I have a good credit score and have never had any problems applying for credit, and they are still reviewing my application...almost a full week after I applied!

[AnbuItachi]

Wow I called and they said my promotion is only 100$ in 3 months for 500$ spent. Not 200$ one.. wth!!

[Viking999]

I just got one of these in the mail yesterday but its $300 not $200! Haven't signed up yet, though, or even opened the envelope.

[must_msj]

I just received my card. They actually gave me a different promotion – spend $3K in 3 months and get 50K points that I’ll use for a $500 gift card. Once you receive, I’d call to verify that you got the promotion you wanted.

Do you know what is the promotion number/offer number which?

[bitachu]

is this a visa signature card?

[automated]

For anyone who applied for the Sapphire, how long did it take between the application and notification about your acceptance? I applied today and am making a major purchase next week, was hoping to use this card for it to start getting close to that $3000 mark.

[majch]

Do you know what is the promotion number/offer number which?

Sorry, I have no idea.

For anyone who applied for the Sapphire, how long did it take between the application and notification about your acceptance? I applied today and am making a major purchase next week, was hoping to use this card for it to start getting close to that $3000 mark.

I was approved right away online, then received my card 10 calendar days later

[Mal8525]

would i qualify for the cashback if i already have a chase disney card?

anyone?

[automated]

Sorry, I have no idea.



I was approved right away online, then received my card 10 calendar days later

Thanks. I called and they are overnighting the card to me for free.

[sstrunks52005]

I got mine right away, within the first statement. I spent $2k.

Where does the $200 show up on the statement? Is it credited to the amount of your statement?

I spent $500 the first month and $1200 the 2nd month so hopefully I see mine soon.

[Eaglescout]

Where does the $200 show up on the statement? Is it credited to the amount of your statement?

I spent $500 the first month and $1200 the 2nd month so hopefully I see mine soon.
Mine showed up as points and I had to redeem them for a credit.

[sstrunks52005]

Mine showed up as points and I had to redeem them for a credit.
o okay

thank you

[blahblahyoutoo]

Mine showed up as points and I had to redeem them for a credit.

this is correct.
i did the math and everything added up.

[Eaglescout]

this is correct.
i did the math and everything added up.
Also note that you'll have more points available as you were earning cash back on all your purchases as well. Since Chase does it in increments of $10, I was able to take a $230 credit to my account.

[mcattack86]

question:

i signed up for the $100 (3mo/500) + $100 (6mo/1500) card.

How do i figure out which card they signed me up for? Seems like some people have been getting the wrong promotion...

If i spend $1500 in the first week, am I set for $200? or are there other terms that deal with the timing of purchases?

thanks

[esquire415]

I actually applied for the spend $800 for $100 cash back last December. Then a couple of weeks ago I sent them an email using the secure message center and told them that I applied for the $200 sign up bonus (attached a link to the application with the $200 sign up bonus). So they came back and gave me another $100 for being a valued customer....WOOT!

[aznar]

I spent over $2000 in 3 months. But I only got 10K points, so I asked for the additional 10K, and the CSR denied such benefit exists on my account, and asked me to provide a copy of the original offer. I didn't do a screenshot. Anyone could help me out here?

[aznar]

I can't believe this! Some of the current offers range from $200 to $250. Some rare offers have gotten up to $300! I signed up back in June, and I have spent over $2500 in less than 3 months. All I earned was $100. WTF.

I have now sent 5 separate secure messages and received 5 different CSR responses, all saying I'm only qualified for the 10K points. If I want them to credit me the additional points, I either need to send them a proof of the offer that I claim that I have signed up for, which I believe was THIS thread - but now the link directs me to a different page, or send them a 12 digits invitation code to match to another offer, which I again don't have! Anyone please give me a hand here!

[aznar]

Deal is alive again. Offer ends May 30th, 2011 11:59pm EST!

Chase (http://slickdeals.net/?cno=108897) offers $100 Cashback with New Chase Freedom Credit Card Approval After You Spend $500 in 3 Months. The next $100 is after you spend an additional $1000 in 6 Months.

It is posted by Slickdeals.


I spent over $2000 now, but Chase is not honoring the additional $100 cashback that this FP claimed! I made a mistake by not taking a snapshot for proof at the time, does anyone happen to have one that could PM me? Thanks in advance! Chase is being such a d1ck at this!

[aznar]

I spent over $2000 now, but Chase is not honoring the additional $100 cashback that this FP claimed! I made a mistake by not taking a snapshot for proof at the time, does anyone happen to have one that could PM me? Thanks in advance! Chase is being such a d1ck at this!

Great! I sent them another message last night, only this time with a snapshot of some random deals blog that blogged about this deal, and they are finally giving me that additional 10,000 points that I've been begging for over 2 weeks now! :bounce: