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rated:
   posted: Sep. 18, 2006 @ 12:37a
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Chase Freedom


Switch from cash to points and back again without losing a thing.

You'll earn 3% Cash Back for every $1 in eligible Gas, Groceries, and Quick Service Restaurant purchases; you'll earn 1% Cash Back in purchases everywhere else.

Redeem your points for gift certificates, hotel stays, car rentals, travel on most airlines with no blackout dates, or merchandise. Choose a reward for as few as 1,000 points.

Reach $50 in rewards and redeem for a $50 check. Or, save up to $200 in rewards and redeem for $250 Cash Back!

When you reach $600 in spending in these categories in a billing cycle, you will only earn the 1% Cash Back for each $100 on these categories of net purchases.

0% introductory APR for 12 months. No annual fee.

No sign up bonus at this point.

Message edited by: runnerx on 2006-09-18 00:40:31 CDT
   posted: Sep. 18, 2006 @ 12:37a

http://www.chasefreedomnow.com/docs/CF_FAQ.pdf (from the FAQ link on the site)

https://www.choosemyrewards.com/Media/C-ChaseFreedomCash.pdf Chase Freedom Cash catalog (PDF)

When you reach $600 in spending in these categories in a billing cycle, you will only earn the 1% Cash Back for each $1.00 on these categories of net purchases.

Known Places that qualify for 3% Reward:
Subway
Einstein Bagels

For those who didn't get approved instantly call 800-480-1870, and the representative will give you an instant dicision by phone.

NOTE:You can get 3% back in additional categories for those who receive the targeted offers.

gearhead's post:

I got my cards and I skimmed the included materials. I discovered one more nice feature of the rewards program for this card. It applies the 3% back to the top 3 spending categories for the month. And there are a bunch of "everyday" categories. Even veterinarians/pet supply stores, which is going to be significant rewards for me this month when I pay for my cat's hospital stay and surgery and boarding. The bill will probably be around $3,000, so that's $90 back on just that. (<--- latest info... Too bad it is now limited to $600 spending to get the extra 2%. Which means $600 get 3% rebate and $2400 only get 1% rebate. Total $12 $24=$36)
The categories include:

  • grocery stores
  • gas & convenience stores
  • fast food & quick service restaurants
  • utilities (gas and electric, etc.)
  • drugstores
  • commuting
  • pet supply stores/vets
  • phone/cell phone bills
  • movie theatres
  • department stores
  • gym membership
  • beauty salons/spas
  • movie rentals
  • dry cleaners
  • cable/satellite tv, internet provider

3% ForEx fee

link to downgrade thread

Message edited by: mathman6 on 2009-01-04 11:35:32 CST
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rated:
   posted: Sep. 18, 2006 @ 12:44a
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I thought Chase CSR told me that Chase Freedom is no longer exist. I didn't get notification from Chase that they converted my Chase Freedom to Chase PerfectCard few months back.


rated:
   posted: Sep. 18, 2006 @ 1:40a
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History of this card:

Chase Shell canceled when chase's relationship with shell ended.
converted to Chase Freedom
After 9/11, Chase renamed Chase Freedom to Chase PerfectCard
Now that Freedom is popular, they are issuing cards under the Chase Freedom name again


rated:
   posted: Sep. 18, 2006 @ 2:33a
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SUCKISSTAPLES said:History of this card:

Chase Shell canceled when chase's relationship with shell ended.
converted to Chase Freedom
After 9/11, Chase renamed Chase Freedom to Chase PerfectCard
Now that Freedom is popular, they are issuing cards under the Chase Freedom name again

Thanks for the info.
However, this new FREEDOM is different from the old freedom cards.

3% CashBack for gas, groceries, and quick service restaurant purchases
1% CashBack where else

Reach $50 in rewards and redeem for a $50 check.
Or save up to $200 in rewards and redeem for $250 Cash Back


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   posted: Sep. 18, 2006 @ 6:28a
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Looks like they updated the generic card design for this one. It's about time, as the one for the past year was really blah. While the rewards structure technically is better than PerfectCard, PC still holds the unique advantage of next-statement statement credits for awards at any level. This is good for folks like myself who don't spend $5k at the 1% level frequently. (It looks like the monthly cap would stifle bigger spenders too.)

I take it from the card history SIS provided that Freedom in its previous form automatically credited at PC reward levels, and the fastfood reward is new addition to this incarnation?


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   posted: Sep. 18, 2006 @ 6:57a
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vapno said:I take it from the card history SIS provided that Freedom in its previous form automatically credited at PC reward levels, and the fastfood reward is new addition to this incarnation?correct.

The old Freedom card gave immediate statement credits each month.


rated:
   posted: Sep. 18, 2006 @ 7:56a
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So this is secretly a 1.25% CashBack card.

Not bad. Time to add this into my AOR list...hopefully they'll add a signup bonus soon.


rated:
   posted: Sep. 18, 2006 @ 8:01a
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This is a new card, in no way related to the old Chase Freedom fuel card, which was renamed to Chase PerfectCard back in June.


rated:
   posted: Sep. 18, 2006 @ 8:13a
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This seems like an OK deal for low spenders who are patient. 1.25%/3.75% might soon be the best you can get (who could never reach a good weighted average with Blue Cash) with Dividend ending and Chase Cash Plus and Reward Plus applications being somewhat "hidden" and stories of people getting different cards after they applied. There is still HSBC but it seems good credit does not guarantee you a card with HSBC like it does Chase and Citi.


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   posted: Sep. 18, 2006 @ 8:43a
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This new Freedom card is VISA Card.
My old Freedom card is Master Card.

I don't remember if I can relocate credit from master card to visa card.


rated:
   posted: Sep. 18, 2006 @ 8:57a
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FWFBooster said:This seems like an OK deal for low spenders who are patient. 1.25%/3.75% might soon be the best you can get (who could never reach a good weighted average with Blue Cash) with Dividend ending and Chase Cash Plus and Reward Plus applications being somewhat "hidden" and stories of people getting different cards after they applied. There is still HSBC but it seems good credit does not guarantee you a card with HSBC like it does Chase and Citi.

Very likely....it's still a better deal then Citi is offering it's current and new customers on their Dividend Cash Card....Not as good as the old Chase Rewards Plus/Cash Plus cards which so far, they have allowed those of us who have it to continue with...

I have Rewards Plus and keeping my fingers crossed that they let us continue with it...However, if they ultimately switch us to a new program, this won't be as bad as, say the current Flexible Rewards with it's 1% on everything...and still better then the Citi offering.....It is a rather PRETTY CARD though and it does have BLINK


rated:
   posted: Sep. 18, 2006 @ 9:05a
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I was reading some additional information on the card and it stated it will be "blink" enabled, which means it will have an RFID chip to allow contactless payment.

UnixLab said:This new Freedom card is VISA Card.
My old Freedom card is Master Card.

I don't remember if I can relocate credit from master card to visa card.

The new card comes in both MasterCard or Visa.

Message edited by: Bob45 on 2006-09-18 09:10:58 CDT
rated:
   posted: Sep. 18, 2006 @ 9:12a
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Bob45 said:
UnixLab said:This new Freedom card is VISA Card.
My old Freedom card is Master Card.

I don't remember if I can relocate credit from master card to visa card.

The new card comes in both MasterCard or Visa.

The new one comes in MasterCard and Visa versions, as did the old Chase Freedom/PerfectCard gas card. It's just that that older product was primarily MasterCard, so you'll see much more of them around.


rated:
   posted: Sep. 18, 2006 @ 10:52a
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It'll be interesting to see just what counts as a quick service restaurant. The ad mentions a wide variety of places. Once FWers get their hands on this card I'm sure we'll be able to see whether this also includes bars/sit down places/etc. Could be a very good card if the restaurant rewards are pretty generic.


rated:
   posted: Sep. 18, 2006 @ 11:10a
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I have a "Perfect Card" that eveloved through all the names since the Shell Chase Card. It currently has no use. Did anyone try to see if Chase would allow conversions to the new Freedom card?


rated:
   posted: Sep. 18, 2006 @ 11:19a
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AlexTheMan said:I have a "Perfect Card" that eveloved through all the names since the Shell Chase Card. It currently has no use. Did anyone try to see if Chase would allow conversions to the new Freedom card?

I'd try right now but I dont have my card with me. I need the number on the back and can't find it anywhere on Chase's site.


rated:
   posted: Sep. 18, 2006 @ 11:20a
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Nummerkins said:It'll be interesting to see just what counts as a quick service restaurant. The ad mentions a wide variety of places. Once FWers get their hands on this card I'm sure we'll be able to see whether this also includes bars/sit down places/etc. Could be a very good card if the restaurant rewards are pretty generic.

"Consumers can earn three percent Cash Back or three times the points on grocery, gas and quick service restaurants, including places like Subway, Panera Bread, Boston Market, Denny’s and Dunkin’ Donuts."


AlexTheMan said:I have a "Perfect Card" that eveloved through all the names since the Shell Chase Card. It currently has no use. Did anyone try to see if Chase would allow conversions to the new Freedom card?

Any existing Chase card holders can convert, just call the customer support number on your existing Chase card.

Message edited by: Bob45 on 2006-09-18 11:25:24 CDT
rated:
   posted: Sep. 18, 2006 @ 12:22p
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AlexTheMan said:I have a "Perfect Card" that eveloved through all the names since the Shell Chase Card. It currently has no use. Did anyone try to see if Chase would allow conversions to the new Freedom card?

No use? What about the automatic rebates over waiting months to cash out in $50 increments only? Not to mention Freedom has a lesser rebate schedule than Cash and Rewards Plus, except for fast food. To get the 1.25% redemption tier, you'll have to spend as much as $20,000 before redeeming points. That's a long wait for many people.

Message edited by: vapno on 2006-09-18 12:27:10 CDT
rated:
   posted: Sep. 18, 2006 @ 12:33p
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FWFBooster said:This seems like an OK deal for low spenders who are patient. 1.25%/3.75% might soon be the best you can get (who could never reach a good weighted average with Blue Cash) with Dividend ending and Chase Cash Plus and Reward Plus applications being somewhat "hidden" and stories of people getting different cards after they applied. There is still HSBC but it seems good credit does not guarantee you a card with HSBC like it does Chase and Citi.

Will this Freedom soon replace Cash+/Rewards+?


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