Chase freedom credit card approval11/30/2023 If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is.For more information about UR points, see Maximize the Credit Card Points Values (overview), and Introduction to UR: How to Earn and Introduction to UR: How to Use (very detailed).In summary, we estimate that UR points are worth about 1.6 cents/point.If you have any of the UR cards, you can redeem your UR points at a fixed rate 1 cent/point towards cash.If you have Chase Sapphire Reserve (CSR), you can redeem your UR points at a fixed rate 1.5 cents/point towards air tickets or hotels on UR travel portal if you have Chase Sapphire Preferred (CSP) or Chase Ink Preferred (Business), you can redeem your UR at a fixed rate 1.25 cents/point towards air tickets or hotels on UR travel portal.If you use UR points in this way, the value is about 1.6 cents/point. Other good options are: Southwest (WN) (Non-alliance), British Airways (BA) (Oneworld), Virgin Atlantic (VS) (Non-alliance), etc. One of the most common and best way to use UR points is to 1:1 transfer them to United Airlines (UA) miles (Star Alliance), and combine them with the UA miles earned from the UA card. UR points can also be transferred to some airline miles. One of the best way to use UR points is to 1:1 transfer to Hyatt points. If you have Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), or Chase Ink Preferred (Business), UR points can be transferred to some hotel points.You will lose the UR points on one card if you close the account, but you can prevent losing your UR points by moving the points to another UR card beforehand. You can move your UR points from one UR card to another at any time.You can earn UR points with Chase Freedom Student, Chase Freedom, Chase Freedom Unlimited (CFU), Chase Sapphire Preferred (CSP), Chase Sapphire Reserve (CSR), Chase Ink Cash (Business), Chase Ink Unlimited (Business), Chase Ink Preferred (Business), etc.It has foreign transaction fee, so it's not a good choice outside the US.After that, you earn 1 point per dollar spent. You have a $1,500 cap in 5% bonus categories per quarter, which means you can earn up to 7.5k points per bonus category each quarter.Refer a friend: You can earn 10,000 bonus UR points for every approved account you refer, up to a maximum of 5 approved referrals (50,000 UR points) per calendar year.Cell phone protection: get up to $800 per claim and $1,000 per year in cell phone protection against covered theft or damage for phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Deductible $50.Here is the official link for this promotion. Free DashPass (Doordash membership) for 3 months, and 50% discount on Dashpass for 9 months.Earn 5% cash back on Lyft, until 2025.03.So the 20k sign-up bonus could be worth about $320, and the 5x UR points earning rate on bonus categories could be worth about 8%! We estimate that UR points are worth about 1.6 cents/point, see below for a brief introduction. Although this card is advertised as a cash back card, it actually earns Ultimate Rewards (UR) points: i.e. the $200 sign-up bonus is actually 20k UR points sign-up bonus, and the 5% cash back rate is actually 5x UR points earning rate.Earn 5% cash back on travel purchased through Chase Ultimate Rewards, earn 3% cash back on dining (restaurants & delivery) and drugstore, and earn 1% cash back on all other purchases.For example, here is the bonus category calendar for 2020: You need to activate beforehand, and the deadline is the 14th of the last month of each quarter, it won’t be activated automatically for a new card. Earn 5% cash back in each quarter’s bonus categories, 1% cash back on all other purchases.$200 offer: earn $200 cash back after spending $500 in the first 3 months.You may need to use incognito mode to see the better offer. Chase Freedom Flex (CFF) $200+5% on Grocery&Gas Offer (This is a public offer through Chase direct site only) Note that you may see offers like 5% on only grocery or only on gas or on neither, so pay attention before you apply.
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