Chase Freedom review

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Advertiser Disclosure

Interest Rate: Purchases
17.24% ‐ 25.99% (0% for the first 15 months)
Balance Transfer
17.24% ‐ 25.99% (0% for the first 15 months)
Rewards
1 - 5% cashback
Signup Bonus
$150 after spending $500


8.7/10
Informr score
The Chase Freedom currently has an Informr score of 8.7 out of 10. This score is based on our evaluation of 32 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Chase Freedom 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...


CreditShout

There are not many cards that offer 5% cash back on up to $1,500 spent in popular categories and 1% unlimited cash back with no tiers. To go along with this, Chase does not bring down the value of the card with a high annual fee and APR. Although there are other rewards programs out there, this card...

- Kevin, CreditShout
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.

- Robin Ratcliff, CreditCards.com
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 cardholders w...

- Brian Martucci, Money Crashers
Cardcruncher

The Chase Freedom Card is a great tool for maximizing your cash back earnings by carrying multiple cards. If you don’t want to deal with rotating categories, or just want one all-purpose card, other cards will suit you better. But for all the rewards you can rack up, and its ability to pool points w...

- TJ Porter, Cardcruncher
NerdWallet

With bonus categories that sync up with most people's regular spending, this card is a fine choice whether you're a hardcore optimizer or just a one-card sort of person.

- Claire Tsosie, NerdWallet

Details


Interest Rates
Regular APR Interest Rate 17.24% ‐ 25.99% (0% for the first 15 months)

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

Balance Transfer Interest Rate 17.24% ‐ 25.99% (0% for the first 15 months)

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

Cash Advance Interest Rate 27.24%

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 $38.00

Maximum

Promotions
Sign up bonus $150 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 Walmart and Target purchases

Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

- 5% cash back on Home Improvement stores

- Earn up to $1,500 in combined purchases in 5% cash back bonus categories this quarter you activate.

Features & Benefits
Additional Card Holders Yes

Earn a $25 bonus when you add your first authorized user and make your first purchase within this same 3-month period.

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
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

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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.

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Critic Reviews


CreditShout

Offers one of the best rewards programs around

from CreditShout

There are not many cards that offer 5% cash back on up to $1,500 spent in popular categories and 1% unlimited cash back with no tiers. To go along with this, Chase does not bring down the value of the card with a high annual fee and APR. Although there are other rewards programs out there, this c...More

There are not many cards that offer 5% cash back on up to $1,500 spent in popular categories and 1% unlimited cash back with no tiers. To go along with this, Chase does not bring down the value of the card with a high annual fee and APR. Although there are other rewards programs out there, this card is one of our favorites and overall is one of the best you are going to find — especially without an annual fee.

Read full review

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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

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

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Cardcruncher

A great bonus and 5% cash back on popular categories

from Cardcruncher

The Chase Freedom Card is a great tool for maximizing your cash back earnings by carrying multiple cards. If you don’t want to deal with rotating categories, or just want one all-purpose card, other cards will suit you better. But for all the rewards you can rack up, and its ability to pool poi...More

The Chase Freedom Card is a great tool for maximizing your cash back earnings by carrying multiple cards. If you don’t want to deal with rotating categories, or just want one all-purpose card, other cards will suit you better. But for all the rewards you can rack up, and its ability to pool points with other Chase credit cards, the Chase Freedom is a great choice.

Read full review

Less

NerdWallet

An easy-to-maximize card for everyday spending.

from NerdWallet

With bonus categories that sync up with most people's regular spending, this card is a fine choice whether you're a hardcore optimizer or just a one-card sort of person.

Read full review

With bonus categories that sync up with most people's regular spending, this card is a fine choice whether you're a hardcore optimizer or just a one-card sort of person.

Read full review

Less

Travel Update

A veteran in Chase’s lineup of credit cards

from Travel Update

The Chase Freedom has been on the market since 2006. Both cash back lovers and travelers will benefit from this card and all that is has to offer. For both groups, I don’t recommend it as a primary card because of the rotating categories. It’s a nice alternative to the Chase Freedom Unlimited...More

The Chase Freedom has been on the market since 2006. Both cash back lovers and travelers will benefit from this card and all that is has to offer. For both groups, I don’t recommend it as a primary card because of the rotating categories. It’s a nice alternative to the Chase Freedom Unlimited and can be a great complement to the Chase Sapphire cards and Chase Ink Business Preferred card.

Read full review

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One Mile at a Time

Definitely a fan favorite

from One Mile at a Time

Personally, I quite enjoy taking advantage of the quarterly 5X categories as they help me earn valuable Ultimate Rewards points that I use for international business and first class flights and some fun award stays at Hyatts around the world.

Read full review

Personally, I quite enjoy taking advantage of the quarterly 5X categories as they help me earn valuable Ultimate Rewards points that I use for international business and first class flights and some fun award stays at Hyatts around the world.

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The Balance

Designed for people who want to earn cash rewards

from The Balance

The Chase Freedom Card is great for those looking for a cash-back rewards card. However, avoid carrying a balance on this card. Never carry a balance on the same card where you're trying to earn rewards, as you'll just wind up increasing the size of your balance, which will only increase your fin...More

The Chase Freedom Card is great for those looking for a cash-back rewards card. However, avoid carrying a balance on this card. Never carry a balance on the same card where you're trying to earn rewards, as you'll just wind up increasing the size of your balance, which will only increase your finance charges, more than wiping out any rewards you earn.

Read full review

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The Ascent

Packed with a deep bench of perks

from The Ascent

Chase Freedom perks span the spectrum of cardholder favorites, making it a Swiss Army knife-style solution that may be a fit for the masses, who just want one credit card that’s right for their primary needs. If simplicity is your calling and carrying one, perhaps two cards, fits your needs, Chase Freedom may be what you’re looking for.

Read full review

Chase Freedom perks span the spectrum of cardholder favorites, making it a Swiss Army knife-style solution that may be a fit for the masses, who just want one credit card that’s right for their primary needs. If simplicity is your calling and carrying one, perhaps two cards, fits your needs, Chase Freedom may be what you’re looking for.

Read full review

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Credit Card Insider

For people who make a variety of purchases

from Credit Card Insider

A great card for people who spend a significant amount of money in the 5% reward categories. If you’re already making those purchases, why not get rewarded for them? If you don’t spend in the 5% categories very often, you obviously won’t get very much out of this card. So your shopping habits should decide if it’s right for you.

Read full review

A great card for people who spend a significant amount of money in the 5% reward categories. If you’re already making those purchases, why not get rewarded for them? If you don’t spend in the 5% categories very often, you obviously won’t get very much out of this card. So your shopping habits should decide if it’s right for you.

Read full review

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User Reviews


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