Chase Freedom Credit Card Review

There are plenty of commercials that are constantly advertising the Chase Freedom Credit Card. What you are probably wondering by now is whether or not the Chase Freedom credit card is really worth applying for in the first place. The first thing you should know is that this card is for those who have great to perfect credit. So if you have bad credit you should not even bother applying for this card.

Lets first look at what the card offers like 3% cash back from grocery and gas purchases made on the card, and 1% for various other items purchased. They also offer 3% cash back for using your card at local fast food restaurants. This is definitely a plus to anyone who likes to eat out often. Unfortunately they don't offer cash back for all purchases made on the card which could be a turn off for some. Especially when you compare that with other cards that are similar. Of course another plus is that you can convert your dollars over to points and turn those points into rewards. Once your rewards account reaches $50 you can them get your check. If you get up to $200 in rewards they will give you $250 cash back. That is definitely a huge incentive. You also have the option to choose whether you want to earn cash or points.

The Chase Freedom Credit Card also has blink technology, which makes things go a lot quicker when you are at the checkout line. All you do is hold your card up to the scanner and go. I'm sure you have probably seen the commercials advertising that particular feature. Keep in mind that there are some transactions that you will have to pay for. You also have the option to customize some of your account features, including your billing and payment options. Chase also offers insurance such as auto rental and emergency travel assistance services.

The APR starts at 0% for the first 12 months with no annual fee according to www.chaseinformation.com. After the 10 months the APR rate is 17.24% for purchases and 23.24% for cash. They are also offering a $50 bonus rebate after your first purchase. Of course the downside is that the APR does seem a little higher than some of the other credit cards. Even though you get all of the rebates and the cash back rewards it really may not come out to much when you factor in the rate. Unless of course you are able to pay off the full balance each month, than having this card could be very beneficial with their rewards program. I would highly recommend that you pay off the monthly balance to get the most for your dollar and avoid those finance charges. You can visit www.chaseinformation.com, to apply and read about the rewards and bonus programs that are currently offered with the Chase Freedom Credit Card.

The bottom line is that the extra rewards are definitely a huge selling point for this card. Even the fact that you can switch between cash and rewards.