Chase Freedom®
Chase Freedom®
Chase Freedom®
Card details
0% intro APR for 15 months from account opening on purchases. After the intro period, a variable APR of 14.99%–23.74%.
No annual fee
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℠
Rates, fees & offers
Annual fee
$0
Rewards rate
1%-5%
Bonus offer
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Intro APR
0% intro on Purchases for 15 months
Ongoing APR
APR: 14.99% - 23.74% Variable APR
Cash Advance APR: 24.99%, 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
Compare to other cards
 Chase Freedom® | ||
|---|---|---|
Annual Fee$0 | Annual Fee$95 | Annual Fee$0 intro for the first year, then $95 |
Regular APR14.99% - 23.74% Variable APR | Regular APR15.99% - 22.99% Variable APR | |
Intro APR0% intro on Purchases for 15 months | Intro APRN/A | Intro APR0% intro APR on Purchases for 12 months |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Erin El Issa
Rating details
3.9
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 $200 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% intro APR for 15 months on purchases, and then the ongoing APR of 14.99% - 23.74% Variable APR.
For more information, check out our full review of the Chase Freedom®.
