Chase Freedom Card Holders -- $50 just for asking

[Judique]

I just tore up the $300 offer and tossed it in the trash. It was 30,000 points after first purchase for my offer, with no minimum spending, with the ongoing rewards at 5%, on down depending on category for the time of month. The 30k points could be turned to cash, or whatever. The interest rate offered was 17.99 per cent.

Yiii! To me that is unbelieveable! Even with paying the balance each month, I wouldn't bite that hook!! No way!

Credit cards are great tools, but just having that card or any with a high rate such as that is to me, a liability.

I have several cards - all with rates under 10%. If I were to have to carry a balance I would cringe at paying that much (10%).


Sorry Chase Freedom, you can keep that easy money......

 

[mossy1]

Thanks for posting about this. I had just applied for the $250 cash back offer about a month ago. Hoping they can upgrade me!!! I will post back with results.

 

[Crazy4Disney06]

I have the card and while it does acquire points fairly quick the interest on the card is crazy! There is no way I would/could ever carry a balance on this card!!

 

[mossy1]

Thanks for posting about this. I had just applied for the $250 cash back offer about a month ago. Hoping they can upgrade me!!! I will post back with results.

I just got the confirmation that they would give me the points (5000) and they are already in my account!!! Thanks again OP!!!

 

[sammielynn]

I just tore up the $300 offer and tossed it in the trash. It was 30,000 points after first purchase for my offer, with no minimum spending, with the ongoing rewards at 5%, on down depending on category for the time of month. The 30k points could be turned to cash, or whatever. The interest rate offered was 17.99 per cent.

Yiii! To me that is unbelieveable! Even with paying the balance each month, I wouldn't bite that hook!! No way!

Credit cards are great tools, but just having that card or any with a high rate such as that is to me, a liability.

I have several cards - all with rates under 10%. If I were to have to carry a balance I would cringe at paying that much (10%).

Sorry Chase Freedom, you can keep that easy money......

I haven't paid a cent of interest on a credit card in nearly 20 years. I don't charge anything I can't pay off. I'll take the money, it's only a liability if you let it become one.