Chase Freedom® credit card review

Compare Compare  
Advertiser Disclosure

Interest Rate: Purchases
14.99% ‐ 23.74% (Variable) (0% for the first 15 months)
Balance Transfer
14.99% ‐ 23.74% (Variable) (0% for the first 15 months)
Rewards
1 - 5% cashback
Signup Bonus
$200 after spending $500


8.6/10
Informr score
The Chase Freedom® credit card currently has an Informr score of 8.6 out of 10. This score is based on our evaluation of 37 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Chase Freedom® credit card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Wirecutter

If you like the idea of maximizing every last possible credit card reward, no matter how big or small, the Chase Freedom could be your card. It’s a card for people who are unsatisfied with a flat-rate cash-back card. It’s for people who see a great rewards rate like 3% or 4% and yearn for something...

- Sally French, The Wirecutter
FinanceBuzz

The Chase Freedom Card is one of the most popular rewards credit cards available. Offering a high rate of rewards in certain categories each quarter, this card can help you quickly earn cashback rewards.

- Kat Tretina, FinanceBuzz
ValuePenguin

The Chase Freedom® card is an excellent $0-annual-fee credit card that offers rotating 5% cashback categories each quarter when you activate. The bonus categories include staples of most household budgets, such as gas, shopping and groceries. When you're not earning extra rewards on the bonus catego...

- Joe Resendiz, ValuePenguin
The Points Guy

The Chase Freedom lands on TPG’s list of the best cash-back credit cards for two reasons: the quarterly 5x bonus categories and the ability to supercharge redemption rates. If you have an Ultimate Rewards card in your wallet, you should seriously consider adding the Chase Freedom to your wallet to e...

- Katie Genter, The Points Guy
One Mile at a Time

While I have the Freedom Card, this isn’t my go-to card for everyday spending. In my opinion, it could absolutely make sense to get this card, but only as part of a larger credit card strategy. This shouldn’t be your credit card for everyday spending.

- Spencer, One Mile at a Time

Details


Interest Rates
Regular APR Interest Rate 14.99% ‐ 23.74% (Variable) (0% for the first 15 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 14.99% ‐ 23.74% (Variable) (0% for the first 15 months)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 24.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 5%

Minimum of $5

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee 3%

of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus $200 after spending $500

On purchases within the first 3 months.

Rewards
All Purchases 1% cash back
Restaurants No
Gas No
Groceries 5% cash back

Not including Target or Walmart purchases

Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • 5% cash back on Fitness Club and Gym Memberships
  • Earn up to $1,500 in combined purchases in 5% cash back bonus categories this quarter you activate.
  • 5% cash back on Lyft
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Android Pay
Virtual Cards No
Additional Benefits

Get a complimentary 3 months of DashPass, DoorDash's subscription service. After that, you are automatically enrolled in DashPass at 50% off for the next 9 months.

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with Chase Freedom® credit card

Rate It:

Critic Reviews


The Wirecutter

Especially great if you have a Chase Sapphire card

from The Wirecutter

If you like the idea of maximizing every last possible credit card reward, no matter how big or small, the Chase Freedom could be your card. It’s a card for people who are unsatisfied with a flat-rate cash-back card. It’s for people who see a great rewards rate like 3% or 4% and yearn for something even better.

Read full review

If you like the idea of maximizing every last possible credit card reward, no matter how big or small, the Chase Freedom could be your card. It’s a card for people who are unsatisfied with a flat-rate cash-back card. It’s for people who see a great rewards rate like 3% or 4% and yearn for something even better.

Read full review

Less

FinanceBuzz

Eye-popping cash back

from FinanceBuzz

The Chase Freedom Card is one of the most popular rewards credit cards available. Offering a high rate of rewards in certain categories each quarter, this card can help you quickly earn cashback rewards.

Read full review

The Chase Freedom Card is one of the most popular rewards credit cards available. Offering a high rate of rewards in certain categories each quarter, this card can help you quickly earn cashback rewards.

Read full review

Less

ValuePenguin

Great card if you can maximize categories

from ValuePenguin

The Chase Freedom® card is an excellent $0-annual-fee credit card that offers rotating 5% cashback categories each quarter when you activate. The bonus categories include staples of most household budgets, such as gas, shopping and groceries. When you're not earning extra rewards on the bonus ca...More

The Chase Freedom® card is an excellent $0-annual-fee credit card that offers rotating 5% cashback categories each quarter when you activate. The bonus categories include staples of most household budgets, such as gas, shopping and groceries. When you're not earning extra rewards on the bonus categories, you'll receive unlimited 1% cash back on all other purchases. The rewards can be redeemed for cash or combined with other cards that earn Chase Ultimate Rewards points for even greater value.

Read full review

Less

The Points Guy

A great card for those looking to get into the points and miles game

from The Points Guy

The Chase Freedom lands on TPG’s list of the best cash-back credit cards for two reasons: the quarterly 5x bonus categories and the ability to supercharge redemption rates. If you have an Ultimate Rewards card in your wallet, you should seriously consider adding the Chase Freedom to your wallet...More

The Chase Freedom lands on TPG’s list of the best cash-back credit cards for two reasons: the quarterly 5x bonus categories and the ability to supercharge redemption rates. If you have an Ultimate Rewards card in your wallet, you should seriously consider adding the Chase Freedom to your wallet to elevate your earning in the quarterly bonus categories.

Read full review

Less

One Mile at a Time

A great add-on

from One Mile at a Time

While I have the Freedom Card, this isn’t my go-to card for everyday spending. In my opinion, it could absolutely make sense to get this card, but only as part of a larger credit card strategy. This shouldn’t be your credit card for everyday spending.

Read full review

While I have the Freedom Card, this isn’t my go-to card for everyday spending. In my opinion, it could absolutely make sense to get this card, but only as part of a larger credit card strategy. This shouldn’t be your credit card for everyday spending.

Read full review

Less

The Balance

Generous rewards and perks

from The Balance

Chase Freedom is a rewards credit card with popular bonus categories that rotate quarterly. You can receive money back on all your purchases, as well as a solid sign-up bonus if you meet the spending requirement. There’s no annual fee, and you can redeem your rewards for cash back, gift cards, merchandise, travel, and more.

Read full review

Chase Freedom is a rewards credit card with popular bonus categories that rotate quarterly. You can receive money back on all your purchases, as well as a solid sign-up bonus if you meet the spending requirement. There’s no annual fee, and you can redeem your rewards for cash back, gift cards, merchandise, travel, and more.

Read full review

Less

Money Crashers

Somewhat low baseline cash back, and limited fringe benefits

from Money Crashers

An ideal card for frugal to moderate spenders who don’t anticipate regularly exceeding the $1,500 spending cap for the 5% categories, want to transfer high-interest balances from existing credit cards, and occasionally make a late payment. It’s not as useful for heavy spenders, nor for cardho...More

An ideal card for frugal to moderate spenders who don’t anticipate regularly exceeding the $1,500 spending cap for the 5% categories, want to transfer high-interest balances from existing credit cards, and occasionally make a late payment. It’s not as useful for heavy spenders, nor for cardholders with excellent credit who are likely to qualify for more generous rewards cards.

Read full review

Less

Compare Cards

An excellent cash back credit card

Compare Cards

Cardholders have plenty of opportunities to earn rewards for purchases by earning earning 5% cash back on purchases in popular rotating categories. Furthermore, the bonus for this card is one of the best on the market. It also has no annual fee, a big sign up bonus, and a nice intro APR.

Read full review

Cardholders have plenty of opportunities to earn rewards for purchases by earning earning 5% cash back on purchases in popular rotating categories. Furthermore, the bonus for this card is one of the best on the market. It also has no annual fee, a big sign up bonus, and a nice intro APR.

Read full review

Less

CreditCards.com

Solid cash back card with bonus categories

from CreditCards.com

A great cash back card for motivated rewards seekers, the Chase Freedom card is a good choice for everyday spending, but its hefty APR limits its appeal as a balance transfer card.

Read full review

A great cash back card for motivated rewards seekers, the Chase Freedom card is a good choice for everyday spending, but its hefty APR limits its appeal as a balance transfer card.

Read full review

Less

LendEDU

Offers solid rewards in select rotating categories

from LendEDU

The Chase Freedom Card is a fairly straightforward card for people who spend in common day-to-day categories such as at grocery stores and gas stations. The biggest downside is having to opt into bonus categories every quarter, but if you’re willing to do that, you can earn a 5% cash back on those purchases.

Read full review

The Chase Freedom Card is a fairly straightforward card for people who spend in common day-to-day categories such as at grocery stores and gas stations. The biggest downside is having to opt into bonus categories every quarter, but if you’re willing to do that, you can earn a 5% cash back on those purchases.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.