Chase Freedom Credit Card

Chase Freedom®

ADVERTISER DISCLOSURE
Card Details

Signing Promotion

Earn a $100 Bonus after you spend $500 on 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)
Cash Advance APR: 24.99%, Variable

Intro APR Promotions

0% for 15 Months on purchases and 0% Intro APR for 15 months on balance transfers
Card Features
  • Named a Best Card for Cash Back by MONEY® Magazine
  • Earn a $100 Bonus after you spend $500 on 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%
  • Unlimited 1% Cash Back on every purchase
  • 5% Total Cash Back on up to $1,500 in combined purchases in bonus categories each quarter
  • 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!
  • No annual fee and rewards never expire as long as your account is open
thumbsupPros
  • Bonus cash back categories
  • No annual fee
  • 0% for 15 Months on purchases and 0% Intro APR for 15 months on balance transfers
Disclaimer: Any editorial 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.

NerdWallet Review

Author: Erin El Issa
The Chase Freedom(R) rewards cardholders with 5% cash back on rotating quarterly categories. For 2015, these categories are as follows:
  • Q1 (January - March): Grocery stores, movie theaters and Starbucks stores
  • Q2 (April - June): Restaurants and more (in 2014, Lowe’s home improvement stores)
  • Q3 (July - September): Gas stations and more (in 2014, Kohl’s)
  • Q4 (October - December): Amazon.com and more (in 2014, Zappos.com and select department stores)
The 5% rewards are capped at $1,500 in spending per quarter. Any bonus category purchases above this amount will be rewarded at the standard rate of 1%. To receive the 5% rewards, you'll have to opt in on a quarterly basis. But don't panic if you forget to do it at the start of a quarter -- you'll receive retroactive rewards as long as you opt in by the 14th day of the third month of the quarter (March 14, June 14, September 14 and December 14).

Want more rewards? The Chase Freedom(R) has a signup bonus: Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening. There's also a $25 cash bonus if you add an authorized user and make a purchase in the first three months.

If you need some time to pay off a large purchase or you want interest relief while paying down current debt, the Chase Freedom(R) has an introductory APR of 0% for 15 Months on purchases and 0% Intro APR for 15 months on balance transfers, and then the ongoing APR of 13.99%-22.99% (Variable). Nerd tip: If you're planning on transferring a balance, keep in mind that there is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.

For more information, check out our full review of the Chase Freedom(R).

Cardholder Reviews

Read our Posting Guidelines

NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews. Some of the reviews on the NerdWallet site were purchased through a third party provider. Users who post a review directly on the NerdWallet site will not be compensated in any way. Please see our Terms of Use and Posting Guidelines for more information.