Chase Freedom®

Chase Freedom®

on Chase's secure website

Chase Freedom®

Chase Freedom®

Chase Freedom®

on Chase's secure website

Card details

  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74-25.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum

  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening

  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate

  • Enjoy new 5% categories each quarter

  • Unlimited 1% cash back on all other purchases - it's automatic

  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.

  • Free credit score, updated weekly with Credit Journey℠

  • No annual fee

Rates, fees & offers

  • Annual fee

    $0

  • Rewards rate

    1.00%

  • Bonus offer

    Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening

  • Intro APR

    0% on Purchases and Balance Transfers for 15 months

  • Ongoing Apr

    APR: 16.74% - 25.49% Variable APR

    Cash Advance APR: 26.74%, Variable

  • Balance Transfer Fee

    Either $5 or 5% of the amount of each transfer, whichever is greater.

  • Foreign Transaction Fee

    3% of each transaction in U.S. dollars

Recommended credit score

Not sure which card is best for you?

Take a simple quiz to find out
Get started

NerdWallet Review

By Erin El Issa

Rating Details

4.1

Editor's overall rating

Pros and Cons

Pros

  • No annual fee

  • 5% rewards on rotating categories

  • Access to Chase’s Ultimate Rewards site to earn more cash back

Cons

  • If you value simplicity, a flat rate cash back card may be better

  • A foreign transaction fee

The Chase Freedom® rewards cardholders with 5% cash back in rotating quarterly categories, on up to $1,500 in spending per quarter. All other purchases earn 1% cash back. To receive the 5% rewards, you have to opt in to the bonus categories each quarter. 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, Sept. 14 and Dec. 14).

Want more rewards? The Chase Freedom® has a signup bonus: Earn a $150 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® has an introductory APR of 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 16.74% - 25.49% Variable APR.

For more information, check out our full review of the Chase Freedom®.

Need a second opinion?

Find out what your friends think
Ask My Friends

User Reviews

Rating Details

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.

Already have this card?
Tell us what you think.

Showing undefined reviews
Sort by

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.