Chase Freedom – Advantages and how to apply

Chase Freedom’s main benefit is the cashback offered on different purchases.

For example, you get a bonus of $200 after spending $500 on purchases in the first 3 months after opening the account.

At the same time, you get 5% cashback on combined purchases at supermarkets and gas stations, except Target and Walmart.

For this, purchases must be up to US$12,000 spent in the first year, and this must be your first card with the bank, so you haven’t received a member bonus in the last 24 months.

So read on to find out more about cashback, other advantages and how to get your card.

Advantages of the Chase Freedom credit card

In addition, you can earn 5% cashback on travel purchased with your credit card.

3% is offered on restaurant meals, including qualified delivery and takeaway services, as well as 3% on drugstore purchases.

For all other purchases, the bank offers 1% cashback.

This way, the rewards don’t expire as long as the account is active and there is no minimum redemption amount.

As for redemption, you can choose to receive a statement credit or a direct deposit into your US checking or savings account.

You can also redeem when you buy using your points on Amazon, by linking to your Chase Freedom credit card on the site.

As a result, redemption happens instantly, and you can pay for all or part of eligible Amazon orders using cashback.

Cashback can also be used to buy gift cards and to secure competitive rates and flexible payment methods for your trips.

In addition to cashback, you can earn up to $500 by referring to friends to get the card.

So, for every friend you refer to who gets the card, you’ll earn $50.

To find out more about referring to friends, click here.

Other benefits

We should also talk about Credit Journey, which offers personalized insights to help you build, monitor and protect your credit.

The score can be accessed every day for free, and you take advantage of features such as the breakdown of score factors and the score simulator.

You also receive alerts about any activity on your credit report and usage, helping to detect possible fraud.

Therefore, the service works any day or time.

Another interesting benefit of Chase Freedom would be the My Chase plan.

With it, you can pay for qualifying purchases of $100 or more in installments, interest-free.

However, be aware that a fixed monthly fee applies.

Plans last from 3 to 24 months, depending on the amount of your purchase, account history and credit capacity.

Finally, you can quickly track your payment progress via the Chase Mobile app, so you have all the information you need.

Partner benefits

Since the bank has a partnership with DoorDash, you get up to 3 months free DashPass membership.

In other words, you can enjoy unlimited free deliveries and reduced service fees on qualified Caviar and DoorDash orders placed with Chase Freedom.

At the end of the period, you are automatically enrolled in DashPass with a 50% discount for the next 9 months. 

The partnership with Lyft gives you 5% cashback on rides.

In this case, 4% is cash back and 1% of the amount you’ve already earned.

Thirdly, get a 3 months free Instacart+ subscription.

This also includes free and unlimited deliveries, as well as reduced service fees on qualifying orders.

However, be aware that after the period, you are automatically subscribed to an annual subscription unless you cancel.

As a result, earn up to $10 in statement credits every quarter until July 31, 2024, as long as you make eligible Instacart purchases with the Chase Freedom credit card.

Service and protection

With the travel and emergency assistance service, if you have a problem away from home, just call the Benefit Administrator.

As a result, you will receive legal and medical advice or other emergency and travel assistance.

However, keep in mind that you are responsible for paying for any additional services you obtain.

Also, remember that both this and the other benefits we will mention are offered by insurance companies that are responsible for administration and claims.

When your account is opened, you will receive the Benefits Guide, and we recommend that you read it to check the time limits and documentation requirements for this and the other coverage.

Regarding Chase Freedom’s zero liability protection, if someone makes an unauthorized purchase with your card or uses your account information, you don’t have to pay.

There is also extended warranty protection which extends the US manufacturer’s warranty for an additional 1-year on eligible warranties of 3 years or less.

There is also purchase protection which lasts 120 days.

So, if you bought a product and in less than 4 months it was stolen, or the product was defective, the coverage is up to $500 per claim and $50,000 per account.

As for cell phone protection, you get up to $800 per claim and $1,000 per year in theft or damage protection covered for phones listed on your monthly bill when you pay with your card.

Other Chase Freedom credit card protections

Be aware, however, that the maximum is 2 claims per year, with a $50 deductible per claim.

As for trip cancellation/interruption insurance, receive reimbursement of up to $1,500 per person and $6,000 per trip for prepaid, non-refundable passenger fares.

These conditions are offered if your trip is interrupted by any covered situation such as bad weather or illness.

The cover is also valid if your trip is canceled.

Finally, we can talk about collision damage exemption for car rental.

Coverage is offered in the event of collision damage or theft for most cars in the USA and abroad.

However, it is essential that you refuse the rental company’s collision insurance and rent the car with your Chase Freedom.

Daniel 14 de January de 2025