Start earning points for travel while adding a foundation card for your credit history to your wallet. The Chase Freedom has a $0 annual fee, and you can earn 5% cash back each quarter you activate.
Who should get the Chase Freedom
Current bonus categories
Annual fee: $0
Welcome bonus: $150 after $500 in spend within the first 90 days of account opening
Earn 5% cash back on rotating categories each quarter you activate, up to $1,500 in combined purchases
Earn 1% cash back on all other purchases
Foreign transaction fees: 3%
Review: Is the Chase Freedom Worth It?
The Chase Freedom earns 5% cash back on rotating select categories each quarter you activate. The main benefit of the rotating categories is that they tend to be everyday expenses like gas stations, grocery stores, and dining.
Even though the points earned on the Chase Freedom are advertised as cash back, you actually earn Ultimate Rewards.
The Chase Freedom card compliments the Chase Sapphire cards because you can pool Ultimate Reward points together..
Redeem points for 1.25X in travel if you have the Chase Sapphire Preferred (making 5% really 6.25%)
Redeem points for 1.5X in travel if you have the Chase Sapphire Reserve (making 5% really 7.5%)
The Chase Freedom is good for...
Students or anyone who wants a solid starter card to build their credit history.
Anyone who is interested in redeeming points for travel and has one of the following cards:
People who want to maximize their cash back at any of the bonus categories below.
Current Bonus Categories
Chase Freedom 5% Cash Back Categories
January - March
|- Gas stations
- Drug Stores
April - June
|- Grocery Stores
- Home Improvement Stores
July - September
|- Gas Stations
- Streaming Services
October - December
|- Department Stores
- Chase Pay
Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.”