Chase FreedomTM can be a great credit card that not only helps you save money each month, it can help you chase freedom from your credit card debt. In addition to giving you interest-free payments, you are also able to pay your credit card bills at any time. With all these perks, you may wonder why you should even consider using it.
Among all cards with no annual credit limit, Chase Freedom has been a long-time favorite for saving money. The Freedom card gives up to five percent cash back for every dollar spent on revolving bonus categories every month (after you activate, of course). Then, as long as you pay your balance off in full each month, you can expect to get two or three percent back for the remaining balance. This means that if you can save just a few dollars per month in interest, you can earn more than double your annual income!
Of course, there are many reasons why you should consider using Chase's high credit limit as well. First, if you do not make your minimum monthly payments, your credit card will be reported to a credit reporting agency, which can hurt your credit score. The higher your credit score, the lower your chances are of getting a loan or a credit card in the future.
Second, Chase has one of the lowest credit limits on other cards, which means if you do end up defaulting, your credit card company will not get any of the money they lent you. With the Freedom, you won't be reported to the credit bureaus, so you don't have to worry about being reported to the companies that do it, and you don't need to worry about losing any money that could go into the card company's pocket.
Finally, if you choose the Chase Freedom, you can get an extra two percent credit line on top of the regular interest rate on your credit card. If you are looking for a way to pay down your debt faster, this is a great option to consider.
Chase Freedom has helped millions of Americans to pursue financial freedom. If you are considering applying for a credit card, you should look into Chase's Freedom card.
If you already have a credit card, be sure to read the fine print of your card before applying. Chase has its own rewards program and may offer incentives to new customers who join their loyalty program.
If you have bad credit or no credit, Chase Freedom may be the right card for you. It has become a trusted brand for many people looking for a safe option to chase money with no strings attached.