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Chase Freedom card: Liberty that rewards you

Redeem your points for cash
Redeem your points for cash
Photo by 401(K) 2013 via Flickr

Are you in the market for a new credit card? Are you looking to build your credit score while being rewarded? Are you looking to save some money on one or more of your current credit cards payments or payoffs? If so, the Chase Freedom charge card may be the card for you and here are some reasons why.

The Chase Freedom card can be your gateway to rewards.
Photo by Chase.com and Ryan D. Neely

No annual percentage rate (APR)

When you acquire the Chase Freedom card, you will be entitled to a no-APR incentive for the first 15 months of your affiliation. That is correct; no interest on any of your purchases within your first year and three months of owning the card.

This no-APR incentive for 15 months also goes for balance transfers from other credit cards or loans to your Chase Freedom card. Therefore, it would be wise to transfer balances that can fit over to your Chase Freedom card and pay them down faster.

Early spending bonus

Now, let's say you have been enjoying your card and shopping like never before. Well, get excited, because if you spend $500 in the first three months, you will receive a $100 bonus.

This really puts a new light on that cell phone, television, furniture, or more hopeful purchases that cost $500 plus. Why, because if you purchase them with your Chase Freedom card, it will be $100 cheaper when you receive your bonus.

Ownership sharing bonus

While you are enjoying life with your Chase Freedom Credit card, make sure that you share the liberty. Rather than just receiving the benefits yourself, share the joy with another by adding them as an authorized user on the account. If you add them within your first three months of owning the card, you will receive a $25 bonus.

Cash back bonuses

One of the best features of the Chase Freedom card is that you ALWAYS get cash back bonuses. Yes, no matter where you use your card, you will earn a point for each dollar that you charge to your card.

Cash back calendar

However, things can be much sweeter depending on where and when you use your card to make a purchase. Why, because you can receive an additional 4% on select purchases depending upon the 5% cash back calendar preferred store choices.

Every three months, a new selection of stores and store types will reward Chase Freedom card members 5% cash back on their purchases. Therefore, once again, you can be spending, winning, and saving more at your favorite stores at specific times throughout the year.

How the money is redeemed

Points

When it comes to receiving your bonuses, it is important to point out that they come to you in points. In other words, 1% cash back is one point and 5% cash back is five points. It is then up to you to decide what to do with the points.

As stated earlier, you will receive one point for each dollar you spend with the card. Or, you can receive 5 points (1 point + 4 points) when shopping at a store which fits in the selected bonus category on the 5% cash back calendar.

More rewards than cash

Once you begin to accumulate points, they can be redeemed through Chase's Ultimate Rewards program. Every 100 points you earn is worth one dollar in rewards.

These points can be redeemed for more than just money. Yes, you can redeem your points for merchandise, gift cards, and special admission to events like VIP access to concerts, sports, and movie debuts.

But whoa, the rewards do not stop there my friend. You can also book travel and get a flight at any time without limitations through the Ultimate Rewards program.

As you can see, the Chase Freedom credit card is truly a card that offers liberty. Therefore, grab this card today and lower the debts on your other charge cards, get the things you want, and be rewarded for shopping.