New Chase Freedom Rise Credit Card
Chase has launched the Chase Freedom Rise credit card today, the latest addition to the Freedom portfolio of cards. As we already learned in the last few weeks, this is a pathway to credit for those beginning their financial independence. Chase Freedom Rise is specifically designed for new-to-credit customers.
“We know that customers are looking for options when they begin their credit journey so we want to help make it more accessible to them,” said Brent Reinhard, General Manager of Chase Freedom. “Chase Freedom Rise is built so that customers can improve their chances of getting approved by simply having or opening a Chase checking account. We’re also giving them the opportunity to begin building their financial credit while also benefiting from cashbacking on everything they buy.”
With Freedom Rise, cardmembers can earn 1.5% cash back on every purchase, with no annual fee or minimum to redeem rewards. In order to improve chances of approval, customers should have or open a Chase checking account with a $250 balance within two days of card application. Once approved, there’s no minimum checking account balance required.
Additional card benefits and available resources include:
- $25 bonus after enrolling in autopay in the first 3 months of account opening
- Chase Credit Journey, allowing consumers to check their credit score for free
- Access to educational and credit development resources
- 24/7 fraud monitoring
Chase says that beginning today, consumers can apply for Freedom Rise in-branch. But there’s also an application link online that was posted by Doctor of Credit. For more information on Chase Freedom Rise, visit Chase.com/Rise.
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