Chase Freedom $100 Bonus Cash Back
For the last six months, potential credit card customers have been courted by companies offering bigger bonuses and better offers. Different customers look for different things when choosing to sign up for a new credit card, whether it’s a 0% introductory interest rate, a lucrative rewards program, or thousands of miles to use on a favorite airline. By far, the most enticing aspect of a credit card offer is pure cash back. There’s no gift cards to worry about, no confusing conversion tables, just a pure cash bonus. The Chase Freedom® credit card is one of the best of these offers available today.
All new cardholders of the Chase Freedom® have the potential to earn $100 statement credit after spending $500 during the first three months of card ownership. After qualifying, it takes six to eight weeks for the points to be added to the cardholders account.
Above the $100 cash back bonus is a competitive rewards program. All Chase Freedom® cardmembers will earn 5% cash back on up to $1,500 spent in bonus rotating categories throughout the year and 1% cash back on all other purchases. Here is the 2013 fourth quarter bonus cash back schedule for the 5% cash back program:
- October through December – Amazon.com and select department stores
These cash back rewards never expire. Unfortunately, the 5% cash back is capped at only $75 each quarter, reducing the attractiveness of the rewards programs for customers who routinely use rewards credit cards for all expenses. After the 5% opportunity is exhausted, the standard 1% cash back rate applies.
The purchase APR on the Chase Freedom® Visa is 13.99% to 22.99% variable, and any cardholder’s rate depends on his/her credit history. There is no annual fee for using this credit card.
You will not receive this offer among the solicitations you receive in the mail. Chase has not provided an expiration date for this offer, but these tend to end quickly. If the $100 cash back bonus would be helpful to you and you’re looking for a card to earn 5% cash back in select categories on a regular basis, consider signing up for the Chase Freedom® credit card.