Chase Freedom Card Reviews - What Is It?
DO NOT USE Chase Freedom Card!!! You Must Read This Review!
Fully Researched: Price, User Feedback and More!
The Chase Freedom is a credit card that offers bonus cash back in categories that may change every three months. Spending $500 in purchases within the first three months since opening their account, clients also get a $150 signing bonus. This is the thing that differentiates this card from its competition. During bonus periods you can earn 5% cash back, which is a great advantage. One bonus can reach $75 dollars. Besides, there is no annual fee for using the card. The Chase Freedom Card is a good alternative to the Discover Card, since it pays higher rewards and is more widely accepted. It was specially designed for people who wish to get cash rewards while spending money on their credit card.
In addition, the Chase Freedom card has 0% interest for first 15 billing cycles on purchases. APR is from 12.99 to 22.99% depending on your credit history, after the introductory period ends. However, the card's penalty APR is 29.99%. While this credit card comes with no annual fee, it includes some other credit card fees, including Late Payment Fee (up to $35), Return Payment Fee (up to $35), Cash Advance Fee ($10 or 3% of cash advance) and Balance Transfer Fee ($5 or 3% of balance). Many people have tried the Chase Freedom card. Let us take a look what these customers think about it.
Customer Reviews - Does Chase Freedom Card Really Work?
You can find a number of testimonials left online by real cardholders of the Chase Freedom Card. You can find both positive and negative reviews, but still the number of positive ones significantly prevails. People like using this card for its unique features. The major features of the Chase Freedom Card include rewards and other benefits offered by this financial product. The card has its own official website that contains miscellaneous information on the card's rewards, APR, interest rates and other. It is very easy to apply for the card. You can do it right now by visiting the site. The procedure will take you just a few minutes. If you have any questions, there is a telephone number of the customer service. You can call it and get answers to all of your questions.
What most cardholders like most of all about the Chase Freedom Card is that its annual fee is $0. It means that you don't need to pay anything for just using the card. Purchase APR is from 15.99% to 24.74% depending on your credit history and some other factors. The card gives you an opportunity to earn $150 after spending $500 on purchases during the first three months from account opening. This is a big Bonus, I should admit. A cardholder can also earn 5% cash back on combined purchases up to $1,500 each quarter. However, the purchases should belong to certain bonus categories including restaurants, gas stations, and drugstores. In addition, there is unlimited 1% cash back on all other purchases. You will enjoy this bonus automatically. There is 0% Intro APR for fifteen months from account opening on balance transfers and purchases. After that APR can vary from 15.99% to 24.74%. Balance transfer fee is 5% of the sum of money you are transferring. There is a minimum of $5. It should be emphasized that Cash Back rewards do not expire as long as your account is open.
One cardholder writes that due to the lower limit, he just pays the balance each month, and enjoys rewards each quarter. The man is pleased with the offer of a 5% increase on purchases of specific categories such as gas, theaters and even Amazon which he likes so much. The man says that even those rewards are not huge, it is still a wonderful benefit, especially taking into account the fact that he has to pay his balance in full each month. This user just pays extra 10 cents per gallon of gas, the rest is paid by the Credit card. He also likes the other rewards, as well as to use his Chase Checking Account. It makes paying balances and transferring money through their online system extremely easy. The man is also able to setup text alerts for definite amounts of money. If he spends more than $150, he immediately receives a text to confirm. This may even inform a cardholder of fraud if he has lost or forgotten their card somewhere. It is easy to track and manage your funds. It is high time to take a look at the user reviews left online. Here are some of them.
"I had been waiting quite long before I got my first ChaseFreedom Card, but I did not regret it. The card turned out to be a good one. It was approved for $2500 limit. I asked for an increase after eight months by answering about 20 questions about my income, overall overhead, assets, career, etc.). It was a pretty intensive process but I succeeded and they increased my limit to $5000. I can still use this limit after about two years. This card is much better than Discover IT and AMEX Blue Cash. I can use it more frequently, and it is accepted everywhere."
"I have used the Chase FreedomCard for 3.5 years now. I was approved to get it with a 685 credit score almost instantly. I was pleasantly shocked with the approved credit limit of mine. It was $15,000 right away. I am inseparable with my card and I use it for buying just everything. I pay it off every two weeks. At present I have a $30,400 limit and a 795 credit score on my card with over $850 in cash rewards. Before that, I had a Wells Fargo platinum card that had only a $2800 credit limit on it. Freedom is a great card that comes with easy to use mobile app. The service is perfect too. I love my card!"
"I am more than satisfied with my Chase Freedom card. I use it whenever I can. This helps to lighten my buyer's remorse. Due to the online app, it is so easy to use. The customer service is always patient and friendly. I am always happy to get my cash back. Believe me, 5% is quite a lot. I am a happy cardholder and I am not going to change my card. Thank you very much."
My Final Summary
The Chase Freedom Card has a great number of advantages. There is no annual fee; you can enjoy 5% rewards on rotating categories. To earn more cash back just go to Chase's Ultimate Rewards website and read additional information. You will be pleasantly surprised. This card is a great option for people who value simplicity. This credit card comes with an online app that will help you to take control of your card. You can benefit from a special Bonus offer. It means that you can get a $150 Bonus if you spend $500 in your first three months of possessing the card on purchases. The general rewards rate is 1.00%. Intro APR is absent on balance transfers and purchases for fifteen months.
The only disadvantage of the Chase Freedom Card is that there is a foreign transaction fee, but it is quite low. So, if you are looking for a functional yet beneficial credit card, this one can be the best offer for you. I would recommend this card to those who need a cash-back rewards card. However, it is not recommended to carry a balance on the same card where you're earning rewards. This may increase your finance charges. Apply for a Chase Freedom Card not and get rewards tomorrow!
Chase Freedom Card Pricing and Rates
There is no annual fee for possessing and using the Chase Freedom Card. The second-year Net Rewards Rate is 1.44%. Bonus Value is $150. The second-year Rewards Value is $493.