Reply
Valued Contributor
Posts: 1,291
Registered: ‎02-26-2008
0

FYI about Freedom

It still says this on the chase info blurb about the Freedom World MC:

3% CASH BACK - Earn the most where you spend the most. Your spending habits may change every month, but you'll still get 3% cash back on your everyday eligible purchases with the Chase Freedom MasterCard. So even if you spend more on gas, groceries, and movies one month - and drugstores, utilities and department stores the next - you'll automatically earn 3% cash back in your top 3 everyday spending categories. There are 15 categories in all!1

1% CASH BACK on EVERYTHING else. You'll earn 1% cash back for every $1 you spend on ALL other purchases! Plus, we'll give you AN EXTRA $50 each time you save and redeem $200 in rewards.1

Put yourself in charge of your rewards. Whether you want cash back or points toward travel, gift cards or merchandise, it's your choice. You can change your rewards without losing a thing.2
Senior Contributor
Posts: 3,017
Registered: ‎06-03-2008
0

Re: FYI about Freedom

Athensguy, I see all the same things on the website too and have not received any info. of a change. Hmm...
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
0

Re: Blue Cash vs Chase Freedom: Which is better? The numbers.



miahmarie wrote:

The Blue Cash with the same spending would be $515. Where with the Clear that I love I would get around $300 and it would be the same with my Chase Amazon. So I am going to use the Blue Cash for a year and see. (I spend about $5K in tuition and books a year so meeting the $6500 is close just with school costs)



Sounds like a good plan.  The only thing you might want to check into ahead of time, though, is whether your school takes Amex, because many of them take only Visa/MC.
 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
0

Re: FYI about Freedom



UpUpUp wrote:
Athensguy, I see all the same things on the website too and have not received any info. of a change. Hmm...


Yep, I'm seeing the same thing on the website.  It will be interesting to see if it changes soon, though, because many times CCCs are slow to update their websites with changes like this.

 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Senior Contributor
Posts: 3,017
Registered: ‎06-03-2008
0

Re: FYI about Freedom



cheddar wrote:


UpUpUp wrote:
Athensguy, I see all the same things on the website too and have not received any info. of a change. Hmm...


Yep, I'm seeing the same thing on the website.  It will be interesting to see if it changes soon, though, because many times CCCs are slow to update their websites with changes like this.

 


I figured that much as well. Though, it just seems weird that they would come out with the plus version of the Freedom card, and then do away with the who concept of the program. Isn't the the whole concept of the Freedom card that 1. You can basically earn rewards for whatever spending you want (within the many categories); that you are not limited to only gas, home improvements, etc. and 2) You have the "freedom" to redeem those rewards via points, travel, or cash, etc.
 
I would think that making this a point only program would be seemingly be taking away our "Freedom". :smileywink:
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
0

Re: FYI about Freedom

Yep, UpUpUp, I agree.  The "Freedom" will be a little less "free" if this turns out to be true.
 
BTW, you can still apply for the Cash version of Chase Freedom Plus, for whatever that's worth.
 
 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Senior Contributor
Posts: 3,017
Registered: ‎06-03-2008
0

Re: FYI about Freedom



cheddar wrote:
Yep, UpUpUp, I agree.  The "Freedom" will be a little less "free" if this turns out to be true.
 
BTW, you can still apply for the Cash version of Chase Freedom Plus, for whatever that's worth.
 
 


Thanks. That's good to know.  I'll see about a product change if they do indeed switch over the Chase Freedo plus to points only. 
Established Contributor
Posts: 648
Registered: ‎02-04-2008
0

Re: Blue Cash vs Chase Freedom: Which is better? The numbers.



cheddar wrote:







miahmarie wrote:


The Blue Cash with the same spending would be $515. Where with the Clear that I love I would get around $300 and it would be the same with my Chase Amazon. So I am going to use the Blue Cash for a year and see. (I spend about $5K in tuition and books a year so meeting the $6500 is close just with school costs)






Sounds like a good plan. The only thing you might want to check into ahead of time, though, is whether your school takes Amex, because many of them take only Visa/MC.






They do, I used it last semester. But I used the Clear. So I am thinking if I truly use only this card and charge everything to it, then it will be worth it.

But we will see.
Established Contributor
Posts: 844
Registered: ‎09-23-2007
0

Re: Blue Cash vs Chase Freedom: Which is better? The numbers.



cheddar wrote:







Pj1369 wrote:
Another quick thought, strictly on a rewards basis, unless you meet the criteria cheddar previously noted in terms of spending levels, the chase freedom may be a better card. However, awards aside, Amex's excellent purchase protection and warranty extension service make it, for me at least, the card of choice.

Over the past year, I've used the blue card to repair my new latop (cost $700), which broke after 45 days after purchase. I also used it again on a new watch which I lost, 60 days after purchase ($200). Both times Amex resolved the issue in 2 days and I received credits to my account. So that $900 + rewards stomped by $250 cach back from chase.


Just food for thought...





Excellent point about the warranty perks and purchase protections, Pj! Keep in mind, though, that you get those protections with any Amex network card, not just with cards issued by Amex the Bank. In that sense, it's a point to consider using an Amex for major purchases rather than a MasterCard or Visa like Chase Freedom, but it's not really a point in favor of Blue Cash specifically.


I have the same protections when I use my Citi Platinum Amex or my BofA Rewards Amex as I do when I use my Amex Gold Delta Skymiles.






Good points Cheddar! And yes, any Amex branded card has those features (which I love), but few present the cash back value that the Chase Freedom or Amex BC offer (if you spend enough); hence, my preference. However, I agree with the broader point that it depends on each end user's spending style to determine which is best for them, whether it is a Amex BoA, Chase Freedom, or something else....
__________________________________________________
Time to clean house and get rid of CCs from bad CCCs. Opt'd Out and Paying off the Balance: BofA. Closed: Chase Freedom. Keeping: Amex Blue, Amex Costco Cash back, Citi Forward, USAA MC, USAA Amex, and PenFed Platinum Cash Back. Next up for review: Chase Sapphire...
Established Contributor
Posts: 760
Registered: ‎04-30-2007
0

Re: Blue Cash vs Chase Freedom: Which is better? The numbers.

Awesome. I have the Chase Freedom, I LOVE IT!!!
pattycake's FICOs: 6/2/10 - TU: 708; EX: ???; EQ: 749
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.