Get Started

Learn more about Credit Cards, Travel Programs, Deals, and more.

Chase Will Launch Starter Credit Card “Freedom Rise”

This post may contain affiliate links - Advertiser Disclosure. As an Amazon Associate, we earn from qualifying purchases.

Chase Will Launch Starter Credit Card “Freedom Rise”

Chase currently offers two Freedom credit cards, Freedom Flex and Freedom Unlimited. Both cards are popular no-fee products with good welcome bonuses, especially Freedom Flex which also offers 5% rotating categories.

Now a third Chase Freedom card could be coming later this year. Chase trademarked “Chase Freedom Rise” on February 1st, but at the time there were no other details about the card.

Now we have learned some limited information from JP Morgan Chase Investor Day presentation. Chase revealed that it will launch the newest card in the Freedom family this year.

“Later this year, you’ll see that we’re launching Freedom Rise, a product specifically targeted to this [starter] segment and key to that strategy will be distribution through our branch network”, said Allison Beer, Chief Executive Officer of Card Services and Connected Commerce.

In the presentation we also see an image of the card, which is similar to the other Freedom credit cards.

On page 32 of the presentation Chase says that it will launch Freedom Rise for new-to-credit customers. Then on page 54 it’s noted that Freedom Rise is launching in select channels this year, as Chase leverages the strategic advantage of branches to help new-to-credit prospects.

Freedom Rise seems like a product for customers with no credit history and probably those with bad credit. It’s also possible that the card will initially be available in branches only.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

Increased Offer! - Chase Sapphire Preferred® Card 75K!

Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now earn 75K Chase Ultimate Rewards points after $4K spend in the first 3 months with a $95 annual fee. That's over $900 when you redeem through Chase Travel℠.

Learn more about this card and its features!


Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related

7,703FansLike
9,903FollowersFollow
16,444FollowersFollow