Do NOT call Chase and bother them, simply wait for your card, make your first purchase, and wait for your bonus.

READ THIS!
Chase will credit you $200 worth of points 6-8 weeks after your first purchase, this can be redeemed for a $250 check.

http://www.chasefreedomnow.com/?CELL=6L3J&v=credit250n
(New Offer Link, Thanks Baldrick)
(DEAD as of 5/2/07 12:40PM CST, was alive at 5/1/07 9:58AM EST. Some reported luck with Firefox, not IE - give the link a shot)

Again from Baldrick, as of 4/15/07
http://www.chasefreedomnow.com/freedomMain.swf?MSC=Z0061431&CELL=6V1S&v=credit250n&hv=&s=&redir=
Use this link at your own risk.

https://app.firstusa.com/ICAppServlet/?PID=CHFD4&SPID=9M4M&CAT=0&CELL=6L3J&MSC=Z0061431
"Application Unavailable
We appreciate your interest, but the offer you requested is no longer available. For information on current offers or to apply for a credit card, please call one of our representatives at 1-888-211-9095.

If you received an offer letter in the mail and are responding to that letter, please call the phone number included in your letter.

Note: Telephone and Internet offers may differ."

T&C
*You will receive $200 in bonus rebates which can be redeemed for a $250 check. Please allow 6 to 8 weeks after your first purchase for bonus rebates to post to your account. First purchase includes purchases, balance transfers, or any checks that are used to access your account. To qualify for bonus rebates, account must be open and not in default at the time of fulfillment. The bonus offer is valid only for first-time cardmembers with new accounts. Only one bonus per account. Existing cardmembers/accounts are not eligible for the bonus offer.

If you have no Chase cards or a card other than the Freedom card, then you should be eligible for this offer.

Call 800.480.1870 between 8AM to 10PM EST for an instant decision if you did not receive instant approval through the Internet application. Also possibly useful: 888-270-2127 is the number given on decline letters (appears to reach the same department?)

Check your credit report, let us know what credit bureaus were pulled for a hard inquiry. Chase Identity Protection is offered as a 30 day trial during card activation, this product is identical to TrueCredit 3-Bureau Monitoring which features daily pulls.

BACKUP IMAGES:

Flash version of $250 deal
Full terms of $250 deal Part 1
Full terms of $250 deal Part 2

Full Terms/HTML Version URL: http://www.chasefreedomnow.com/?htm=1

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.

Update: People who had the Chase card previously, are reporting to get the $250 check (including myself)

HOW TO GET YOUR $250:

1. Log in to your Chase account at Chase.com
2. Scroll down to your Chase Freedom card and click "See rewards details"
3. Click the link that says "Redeem rewards"
4. Click the "Add to Cart" button next to "$250 Chase Freedom Cash Check"
5. Click the "Check Out" button
6. Make sure the name & address info is correct, and click "Order".
7. On the confirmation screen, click "Order"

* * * The following is info about the new Chase Freedom Dynamic Cash rewards program * * *
(This is not the same as the standard Freedom rewards program and probably does not apply to your card unless you have the Signature Visa)

The New Chase Freedom Dynamic Cash allows you to earn the following:

Base Earning:
1% for every $1 spent in net purchases
No cap on rewards for base earnings

Accelerated Earning:
3% for every $1 spent on the first $600 (monthly) in
eligible net purchases in the Cardmember's top 3 spend
categories (out of a pre-defined set of 15 categories).
(3% = 2% additional plus 1% base earnings). After the
first $600 in purchase in the top 3 categories, the
Cardmember will continue to earn the base earnings of 1%
for every $1 on purchases in those categories.

Categories:

Grocery stores,
Gas & convenience stores,
Quick service payment/Fast food restaurants,
Telecommunications,
Cable/satellite TV/Internet Service Providers,
Video rentals,
Department stores,
Dry cleaners,
Drugstores,
Movie theatres,
Local and suburban commuter
passenger transportation (including ferries, bridges, tolls, parking garages, taxis/limos),
Pet supply stores and Veterinary services,
Utilities,
Beauty shops (salons and spas), or
Gym/recreation memberships.