Chase Freedom Card $50 Bonus after First Purchase

Posted by Sun on October 13, 2009
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Chase Freedom CardThe deal isn’t as good as what the card used to offer, but is still quite decent, if you are shopping for a new credit card that can actually becomes your everyday card.

Chase Freedom Card is having a promotion which will give new cardholder $50 bonus after the first purchase. I got the card back in early 2007 and since then, it has become the card for shopping at grocery stores and gas stations since I can earn 3% cash back in these categories. However, the card has recently undergone a lot of changes, mainly downgrades in rewards. For example, the card on longer gives 3% rebate on fixed categories, replacing it with rotating categories. And in the past, every $200 bonus can be redeemed for a $250 check. That is gone as well (I got my $250 check when the offer was still available early this year). Nonetheless, the card is still better than many other rewards credit cards which have scaled back their rebates recently due to the change of credit card regulations.

The fine print for the $50 bonus offer says that existing cardmembers are not eligible for the bonus:

You will receive $50 in bonus rebates with this bonus offer, which can be redeemed for a $50 check. You will qualify for and receive your bonus after your first purchase/first use of the card. First purchase/first use includes purchases, balance transfers, or any checks that are used to access your account, and excludes cash advances. After qualifying, please allow 6 to 8 weeks for bonus rebates to post to your account. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Existing cardmembers/accounts are not eligible for this bonus offer.

In addition to the bonus, Chase Freedom cardholders can earn 1% cashback on every purchase with no limit on how much cashback you can accumulate. Plus, you can get 3% cashback in rotating categories like gas, home improvement and department stores. If you shop through Chase shopping network, the rebate can be as high as 20% at selected merchants. The card doesn’t charge an annual fee.

Interested? Get a Chase Freedom Card and enjoy the $50 free money :)

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3 Comments
October 19, 2009

Really nice offer! specially “no annual fee” and “cash back”on home improvements is a nice to have feature …..Although it is not the best card in market but in my opinion it is still better than most other rewards credit cards in the market. I will give it a try..

Posted by Fair loan rate
October 22, 2009

I had a chase card. They’re a bunch of dicks. Not as worthless as Wells Fargo, but pretty slimey. Beware. It’s not worth it.

Posted by Markus
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