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.

City Professional Credit Card Review

If you are looking for a new credit card for your business, then you should check out the Citi Professional Credit Card. This card has no annual fee, and no interest on balance transfers for one year. The Citi Professional Credit Card has a variable 12.49 percent interest rate on any credit card transactions. Unfortunately there is no period with a low introductory interest rate. The good news is the benefits of the Citi Professional Credit Card when it comes to rewards are very good though. These include enough "ThankYou Points" credited to your account after your first transaction for a $100 gift card.

The total points you receive after your first transaction is 10,000 "ThankYou Points". This means that every "ThankYou Point" is worth one cent. This is good news for you if your business credit card is used for purchasing a lot of meals, gas, or car rentals. Why would that be beneficial to Citi Professional Credit Card Owners? It is because for each of these categories you receive three "ThankYou Points" for every dollar spent. This means in effect that you are earning 3 percent back on ever transaction you make with the Citi Professional Credit Card in these categories. Not a bad benefit for spending money just like you would with cash. Of course if you spent cash you wouldn't get the three percent back like you do with the City Professional Credit Card.

The "ThankYou Points" are not the only benefit of signing up for a City Professional Credit Card for your business. You will also get managment tools online that will help you categorize your expenses for when tax time comes around. This allows you to categorize and total the expenses in each category. The City Professional Credit Card also includes several benefits for you when you travel. You get travel accident insurance, travel and emergency insurance and Auto Rental insurance when using your Citi Professional Credit Card.

For those of you that are looking to save money on prescriptions, as a City Professional Credit Card holder you will also receive a prescription discount card. This discount card will give you anywhere from ten to sixty percent off your prescription costs at participating retailers.

Some things you should be aware of with the Citi Professional Credit Card though is that if you fail to make your payments on time, the 0% APR for your balance transfers may not remain in effect as a result of the late payment. There is also a fee that the City Professional Credit Card holder will have to pay for their initial balance transfer. As always, reward credit cards are only a good investment if you pay off the balance of credit card transactions on a monthly basis. Otherwise the interest you pay on balances outweighs the benefits of the rewards.

Overall as a business owner, the Citi Professional Credit Card is a card that is worth applying for. Why not go ahead and enjoy that free $100 gift card after your first purchase, 3% back on purchases in many categories, and other benefits when paying expenses with your Citi Professional Credit Card instead of carrying cash.

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