Chase Freedom Card Review- $50 Cash Back after First Purchase!

by Hu$tler on August 18, 2011

in Credit Card bonuses

*Offer is DEAD* – Consider the Chase Freedom $200 Bonus!

A great cash rewards card, the Chase Freedom is offering 5,000 bonus points that can be redeemed for a $50 check to first-time cardmembers with new accounts. For those looking for a bigger bonus, check out the Chase Freedom $200 cash backThe main difference is that the Chase Freedom $50 bonus gives you 0% intro on balance transfers for 12 months and 6 months on purchases. (After the intro period, a variable APR of 9.99% to 22.99%, based on your creditworthiness)

You will qualify for and receive your bonus after your first use of the card, including purchases, balance transfers, or any checks that are used to access your account. Basically, you get a cool $50 just to charge your card! So how do you get additional points to redeem for cash later on? The Chase Freedom card offers an easy to follow rewards system: rewards are earned as points, which can be redeemed for cash back- 1% cash back equals 1 point. If you choose to redeem for cash back, 1 point equals one cent cash back. For example, 5,000 points can be redeemed for a $50 check. Quite simple, right? Earn 1% on all purchases and 4% more in bonus quarterly rotating categories for a total of 5%. You can also earn an additional 1 point for each $1 of eligible airfare net purchases made online through the program booking tool.

Key Features:

  • Earn $50 Bonus Cash Back after your first purchase.
  • 0% Intro APR for 12 months on balance transfers and 6 months on purchases – a variable APR as low as 9.99% -22.99% after your 0% ends
  • 5% Cash Back on up to $1,500 spent on dining, department stores, movie theaters and charitable organizations from 10/1/11 – 12/31/11
  • You’ll enjoy new 5% categories every 3 months like supermarkets, gas, drugstores and even home improvement stores. It’s free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases without limits on what you can earn
  • Up to an additional 10% Cash Back when you shop online at select merchants through Chase
  • No annual fee and rewards never expire

Along with other great incentives about the Chase Freedom including 0% introductory rate for 6 months on purchases and 12 months on balance transfers and no annual fee, why have you not applied for your card today?


Check out our complete list of credit card bonuses!

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