credit card advice
As a Chase Freedom card owner, I can vouch for how great its rotating 5% cash back categories can be for savings. Each quarter of the year becomes a great time to save on things you already spend money on, like gas, groceries, dining out, and holiday shopping.
If you’re reading this article, the odds are high that you’ve already received a GetChaseFreedom.com invitation in your inbox or mailbox. Congratulations, because this means your credit score is in good shape. The Chase Freedom is considered to be a card for those in the “good” to “excellent” credit range, and you wouldn’t get an offer like this if Chase didn’t consider you a strong candidate for the Freedom card.
You’re minutes away from applying for one of the most sought-after cards on the market. But first, we’ll walk you through signing up at GetChaseFreedom.com and tell you about some other Chase cards that can really help you maximize the rewards available when used together.
1. Visit GetChaseFreedom.com with Your Invitation Number
If you’ve received the GetChaseFreedom.com invitation in the mail, you’re just a few steps away from submitting an application for one of our favorite cards.
First, go to GetChaseFreedom.com and you’ll be greeted by this secure welcome page.
The site will ask you to enter your 12-digit Invitation Number, ZIP Code, and last name to confirm you’ve actually been invited to apply. Once you submit this form, Chase will ask you for some extra personal and employment information to help confirm your identity.
Your odds of approval are high since Chase reviewed your credit score and reached out to you about getting the Chase Freedom card. If you’re approved, read below because we have more information on what you should know about your new card.
2. Maximize Freedom Rewards with Other Chase Offers
If you already have a Chase Freedom card or there’s one coming in the mail, you should know about some of the other Chase cards that you can use in conjunction with your Freedom card that can really help you rack up the rewards.
The Chase Sapphire Preferred card is an exceptional companion to the Chase Freedom card, especially if you enjoy traveling and dining out because you’ll earn twice the points on these types of purchases.
As previously mentioned, the Chase Freedom card is known for having no annual fee and offering 5% cash back in rotating quarterly categories. Chase allows you to transfer points earned on your Freedom card to your Sapphire Preferred card, and when you book travel through the Chase Ultimate Rewards program, your points are worth 1.25 cents per point.
In this arrangement, you can look at the Chase Sapphire Preferred card, which has no foreign transaction fees, as your vacation card because you’ll have a lot of extra cash back you can devote to getting out and seeing the world. Check out more information on how to apply for the Chase Sapphire Preferred card:
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Introductory Annual Fee of $0 the first year, then $95
The Chase Freedom Unlimited is another excellent pairing with the Chase Freedom card, providing a higher, fixed cash-back percentage on every purchase. In this arrangement, you’ll get your 5% cash back on whatever category is in session with your Freedom card and 1.5% cash back on every other purchase with your Freedom Unlimited.
So no matter what you buy, you can count on earning rewards every time you swipe your Chase cards. Below are extra details for obtaining the Chase Freedom Unlimited card:
- Unlimited 1.5% cash back on every purchase — it's automatic
- Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
- 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.24-23.24%. Balance transfer fee is 5% of the amount transferred, $5 minimum
- Redeem for cash — any amount, anytime
- Cash Back rewards do not expire as long as your account is open
- No annual fee
3. Be Mindful of the 5/24 Rule Before Applying
Before applying for a second Chase offer, you should be aware that Chase adheres to what’s been dubbed the “5/24” rule. Essentially, Chase is likely to reject applications from people who have applied for five or more credit cards in the past 24 months. Even if your credit is in good standing, you could be rejected on a Chase application for a card you would otherwise be qualified for.
Most people won’t fall into this category, but if you’ve already applied for multiple credit cards in the past two years, you should prioritize your Chase applications. If the Chase Freedom is at the top of your list, be sure to apply for it before trying for one of Chase’s other offers.
Chase Freedom is a Great Option Among Rewards Cards
With a GetChaseFreedom.com invitation in hand, you’re well on your way to acquiring an excellent credit card. Once you have your Chase Freedom card, be sure to activate the quarterly awards on your account page. The 5% rotating cash back rewards are not something you want to miss out on.
I typically try to be aware of which category is active and use my Chase Freedom card exclusively on these types of purchases. That’s why it’s such an effective strategy to couple the Chase Freedom with another card like the Sapphire Preferred — using two or more cards in conjunction can really rack up the rewards, and Chase has several options that can help your rewards points add up quickly.