Chase Freedom - $100 Cash Back Credit Card

Chase Freedom®

Card Details

Signing Promotion

Earn a $100 Bonus after you make $500 in purchases in your first 3 months from account opening.

Reward Rate

1.00%* question

Annual Fee

$0

APR, Variable

APR: 13.99% - 22.99% (Variable)
Penalty APR: 29.99%, Variable
Cash Advance APR: 23.24%, Variable

Intro APR Promotions

0% APR for 15 months on purchases and balance transfers
Card Features
  • Earn a $100 Bonus after you make $500 in purchases in your first 3 months from account opening
  • Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period
  • 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99%-22.99%.
  • 5% Cash Back on up to $1,500 in combined purchases between April 1 and June 30, 2014 at restaurants and Lowe's® home improvement stores
  • You'll enjoy new 5% categories every 3 months like gas stations, restaurants and Amazon.com. It's free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases
  • No annual fee and rewards never expire
Apply Now

on Chase's
secure website

thumbsupPros
  • Bonus cash back categories
  • No annual fee
  • 0% on purchases and balance transfers for 15 months
Disclaimer: This content is not provided or commissioned by Chase Bank USA, N.A. Opinions expressed here are author's alone, not those of Chase Bank USA, N.A, and have not been reviewed, approved or otherwise endorsed by Chase Bank USA, N.A. "Sponsored" above means this site may be compensated through the Chase Bank USA, N.A Affiliate Program.

Editor's Review

Author: Tim
The Freedom card is Chase’s version of the “5% cash back” cards, which pay bonuses of 5% cash back on  categories that rotate each quarter. The other two competitors are the Discover it and the Citi Dividend Platinum Select.

Each of these three cards tend to have similar rewards program structures, and they each offer roughly the same bonus categories each quarter.  Plus all three require that cardholders sign up at the beginning of each quarter, in order to earn these bonuses.

The main differentiators are the quarterly spending limits (the Freedom and It limit you to $1,500 in bonus rewards purchases per quarter, while the Platinum Select caps out at $300 cashback per year) and the bonus categories themselves.

Below is the calendar of bonus categories for 2014:
  • Q1 (January 1 – March 31): Gas stations, movie theaters and Starbucks stores
  • Q2 (April 1 – June 30): Restaurants and Lowe’s home improvement stores
  • Q3 (July 1 – September 30): Gas stations and Kohl’s
  • Q4 (October 1 – December 31): Amazon.com, Zappos.com and select department stores
Although we often gripe about how these cards require users to proactively "opt in" to their rewards each quarter, Chase allows users to sign up retroactively, and still earn the rewards.
And right now, Chase is also offering a killer signup bonus that makes the card a lot more appealing: Earn a $100 Bonus after you make $500 in purchases in your first 3 months from account opening.
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