Chase Freedom Card Review- Receive $50 Cash Back after the First Purchase!

August 31, 2011

in Chase

*Offer is Dead* – Consider the Chase Freedom Visa $200 Bonus!

A fantastic cash rewards card, the Chase Freedom is offering 5,000 bonus points which can be redeemed to get a $50 check to first-time cardmembers with new accounts. For those looking for a bigger bonus, check out the Chase Freedom $200 cashback. The primary difference is that the Chase Freedom $50 bonus gives you 0% intro on balance transfers for 12 months and 6 months on purchases. (After the intro period, a variable APR of 9.99% to 22.99%, depending on your creditworthiness).

You’ll qualify for and receive your bonus after your first use of the card, including purchases, balance transfers, or any checks that are utilized to access your account. Basically, you receive a cool $50 just to charge your card! How do you get additional points to redeem for cash down the line? The Chase Freedom card offers an easy to follow rewards system: rewards are earned as points, which can be redeemed for cash back- 1% cash back equals 1 point. If you choose to redeem for cash back, 1 point equals one cent cash back. For instance, 5,000 points can be redeemed for a $50 check. Quite simple, right? Earn 1% on all purchases and 4% more in bonus quarterly rotating categories for a total of 5%. You can also earn an additional 1 point for every $1 of eligible airfare net purchases made online through the program booking tool.

Key Features:

  • $50 Cash Back after your first purchase. Start earning as soon as you make your first charge on the card.
  • 5% Cash Back up to $1,500 spent in bonus categories each quarter. Just remember to enroll each quarter!
  • 1% Cash Back on everything else you buy without limits on what you can earn.
  • Up to 10% Cash Back  when you shop online at select merchants through Chase.
  • 0% Intro APR for 12 months on Balance Transfers made during the first 30 days your account is open
  • 0% Intro APR for 6 months on Purchases. After that, 11.99% to 22.99%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate
  • No Annual Fee. Get valuable benefits and top-notch rewards for free!

Along with other great incentives regarding the Chase Freedom including 0% introductory rate for 6 months on purchases and 12 months on balance transfers and no annual fee, why have you not requested your card today?

For a complete list of credit card bonuses, click here!

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