2026.6 Replace: The brand new welcome supply is: earn 3% cashback on eating within the first 6 months (often 1.5%) on as much as $6,000.
2023.6 Replace: New card launched. No credit score historical past required.
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Advantages
- Welcome supply: earn 3% cashback on eating within the first 6 months (often 1.5%) on as much as $6,000.
- Earn 1.5% money again on every part.
- Though this card is marketed as a money again card, it really earns Final Rewards (UR) factors. We estimate that Final Rewards (UR) factors are price about 1.6 cents/level, see beneath for a quick introduction. So the 1.5x UR incomes charge is price about 2.4%!
- No annual payment.
Disadvantages
- It has a overseas transaction payment, so it is not a good selection exterior the US.
Introduction to UR Factors
- You’ll be able to earn UR factors with Chase Freedom Student, Chase Freedom, Chase Freedom Unlimited (CFU), Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), Chase Ink Cash (Business), Chase Ink Unlimited (Business), Chase Ink Preferred (Business), and so forth.
- You’ll be able to transfer your UR factors from one UR card to a different at any time.
- UR factors by no means expire. You’ll lose the UR factors on one card should you shut the account, however you possibly can forestall dropping your UR factors by transferring the factors to a different UR card beforehand.
- If in case you have Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), or Chase Ink Preferred (Business), UR factors might be transferred to some resort factors. The most effective methods to make use of UR factors is to 1:1 switch to Hyatt factors. UR factors can be transferred to some airline miles. Some of the frequent and finest methods to make use of UR factors is to 1:1 switch them to United Airways (UA) miles (Star Alliance), and mix them with the UA miles earned from the UA card. Different good choices are: Southwest (WN) (Non-alliance), British Airways (BA) (Oneworld), Virgin Atlantic (VS) (Non-alliance), and so forth. In case you use UR factors on this approach, the worth is about 1.6 cents/level.
- If in case you have Chase Sapphire Reserve (CSR), you possibly can redeem your UR factors for as much as 2.0 cents/level in the direction of air tickets or lodges on Chase Travel with the “Factors Increase” characteristic; when you have Chase Sapphire Preferred (CSP) or Chase Ink Preferred (Business), the worth is as much as 1.5 cpp (or 1.75 cpp for premium cabin).
- If in case you have any of the UR playing cards, you possibly can redeem your UR factors at a hard and fast charge 1 cent/level in the direction of money.
- In abstract, we estimate that UR factors are price about 1.6 cents/level.
- For extra details about UR factors, see Maximize the Credit Card Points Values (overview), and Introduction to UR: How to Earn and Introduction to UR: How to Use (very detailed).
Really helpful Utility Time
- You will get authorised even with no credit score historical past in any respect! (SSN required)
- Having a Chase checking account with a steadiness of no less than $250 will enhance your probabilities of getting authorised for Chase Freedom Rise.
- [5/24 Rule] If in case you have 5 or extra new accounts opened up to now 24 months, Chase won’t approve your utility, regardless of how excessive your credit score rating is. The variety of new accounts consists of all bank card accounts, not solely Chase accounts. See this post for particulars about methods to probably bypass this rule.
Abstract
It is a card designed for individuals with no credit score historical past by Chase. Though the enroll bonus just isn’t nice, this card has an honest incomes charge as your first bank card. I suppose after one yr you can too convert it to raised playing cards corresponding to Chase Freedom Flex (CFF) or Chase Freedom Unlimited (CFU).
Associated Credit score Playing cards
After Making use of
- Name 800-436-7927 to verify Chase utility standing. That is an automatic phone line, and the data has the next meanings: Obtain resolution in 2 weeks means your utility might be authorised; Obtain resolution in 7-10 days means your utility might be rejected; Obtain resolution in 30 days merely means your utility requires additional evaluate and there’s nothing to inform you for now.
Historic Presents Chart
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