Chase Freedom Cash Back Credit Card Offers $100 Bonus

JP Morgan Chase is currently offering one of the most rewarding credit cards around. The Chase Freedom Card features a 5% Cash Back plus a potential for a $100 bonus.

Below are the benefits from using a Chase Freedom Cash Back Credit Card:

* $100 Bonus Cash Back – This bonus applies when you make a qualifying total of $500 within the first three months from account opening. The qualifying transactions will include purchases, balance transfers, and any checks that are used to access your account. This excludes cash advances.

* 5% Cash Back – A 1% cash back is earned for every purchase with 4% more in bonus categories resulting in 5%. Every 3 months you can enjoy 5% cash back on gas, dining, grocery stores and home improvement. It’s free and easy to activate bonuses each quarter.

*1% Cash Back – Get unlimited 1% Cash Back on every single purchase made, no matter the category. For every $1 purchase, you earn 1 point. 1 point is equivalent to $0.01, so for every 200 points accumulated, you can get $20 cash back. Aside from that, you can also earn an additional 1 point for each $1 of eligible airfare purchases made online through their program booking tool.

*10% Cash Back
– If the 5% cash back isn’t enough, you can also get up to 10% cash back when shopping online with selected merchants through Chase.

Other Perks from Chase Freedom Card

Other perks include getting an introductory rate of 0% APR for the first 12 months on balance transfers made during the first 30 days your account is opened. They are also offering a 0% APR for 6 months on purchases. After each introductory period, the regular APR will apply which is variable anywhere from 11.99% – 22.99%. Balance transfer fee is 3% of the amount transferred with a minimum of $5.

And finally, one of the best things about the Chase Freedom Card is that they have no annual membership fee. Less fees means more money for you.

List of Rotating Categories

For those who are wondering about the rotating categories every quarter to enjoy the 5% cash back, below is a list of which categories will give you 5% for up to $1,500:

– January 1 – March 31 – Groceries and Drugstores
– April 1 – June 30 – Home Improvement, Lawn and Garden, Home Furnishings
– October 1 – December 31 – Dining, Department Stores, Movies, Charity

Getting a 5% cash back is easy when since the categories are related to everyday living. Aside from that, you can also snag the $100 bonus which isn’t available with other credit card offers. Be sure to ride on with this offer while it still lasts.

Best Cash Back Credit Cards 2011

Let’s face it, credit cards are as much a part of our lives as cash. We perpetually have it in our wallets, we use it to make the simplest purchases such as groceries, and sometimes we wouldn’t be able to live without it. Since credit cards have become such a staple, why not get the credit cards that reward you every time you make a purchase? And I’m not only talking about rewards cards, but cash back credit cards.

What are the advantages of Cash Back Credit Cards?

Cash back credit cards allow you to receive rebates on purchases you make. Some credit card companies can give you as much as 5% cash back return on the most practical of purchases made in groceries, gas stations, pharmacies, restaurants and the like. The cash back works just like a 5% discount on all these purchases, accumulating to become a huge savings on your part by the end of the year. Usually, people who have a strong credit card history and a good credit score are eligible to have cashback credit cards.

What to Watch Out For With Cash Back Credit Cards?

If you intend to keep a balance on your card, it may be wiser to instead seek a low interest credit card rather than a cash back rewards card. This is because cash back cards usually have a higher interest rate. Also, it is important to check on the details of the credit card such as if there is a limit to the revenue that you can receive, if there is an expiry date to the cash back rewards program, and if cash back expires if you don’t use your card for a certain period of time.

Here are some of the best cash back credit cards 2011 has to give:

Best Cash Back Credit Cards 2011

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What better way to spend your money, than with the knowledge that every time you make a purchase, a certain amount will be paid back to you? That’s exactly what cash back credit cards can give their patrons. With cash back cards, it’s as if you’re getting a part of your money back every time you spend.

Getting a return of cash on purchases made is certainly a good deal. After all, we will all eventually spend to on things such as food and gas. So why not take advantage of these credit card offers and earn from the money you spend.