The Chase Freedom credit card offers you 5 percent cash back on different categories, like gas stations and grocery stores. But, that’s not the prime reason why many people opt for this card. The basic interest of people in this card is because it lets them maximize the cash back with many more perks. Apart from many advantages, there are also a few drawbacks that you must go through before you actually opt for this option. In this guide, you’ll learn the key advantages as well as the drawbacks of this card to make an informed decision. We will also discuss how you can respond to your credit card invitation if you have received it.
Quick Facts: Chase Freedom Credit Card
For the 1st fifteen months from your account opening, this card will have an intro APR of 0%. After the intro period, the APR would be 16.99% to 25.74% Variable. There is also a 3% balance transfer fee. After spending $500 in purchasing within the 1st three months of the account opening, you will get a bonus of $150. For more facts, you can access the official credit card page on their website as well.
Pros & Cons Of The Card
This is a no annual fee credit card, which is definitely a great advantage for the credit card users. On the rotating categories, the cardholders will be able to earn 5 percent rewards. As a Chase Freedom credit card holder, you will have access to the Ultimate Rewards website of the Chase where you can earn extra cash back.
On the other hand, there are also a few downsides. For example, there is a foreign transaction fee that you would have to pay for foreign transactions. If you are looking for the flat rate cash back credit cards and you also need simplicity, then this card shouldn’t be the right fit in your wallet. The recommended credit score is 690 – 850 and you can check your eligibility online on their website.
Instructions To Respond To Chase Freedom Credit Card Invitation
If you have got an invitation letter by the Chase, then here is how you can respond to it:
1. Get your invitation letter handy and visit the official credit card invitation site using the link: www.getchasefreedom.com
2. On their site, you would see three blank fields where you need to enter your 12-digit invitation number, 5-digit zip code, and your last name. Now, click the “Submit” button that you see below the sample invitation image.
Now, simply follow the instructions as they appear on your computer screen to finish the process. If you find any difficulty during the process, then you can also get in touch with the customer service of the Chase.