Reply
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
0

Re: Discover Open Road -vs- Chase Freedom.

Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?
 
 
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
0

Re: Discover Open Road -vs- Chase Freedom.



UpUpUp wrote:
Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?
 
 



I think it's better, too, but it sure doesn't get marketed very much. And there was some question as to whether the cash back rewards were being replaced by points; don't know what the final outcome was on that.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
0

Re: Discover Open Road -vs- Chase Freedom.

I never could find anything to substantiate that. I remember looking for it because it was right when I got my card. So far, so good though. What I won't be doing is converting to points, I think someone did that and then they could not switch back to cash. I'd much rather have the cash anyway, so I never would do that.

haulingthescoreup wrote:


UpUpUp wrote:
Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?
 
 



I think it's better, too, but it sure doesn't get marketed very much. And there was some question as to whether the cash back rewards were being replaced by points; don't know what the final outcome was on that.


Valued Contributor
wmarat
Posts: 1,754
Registered: ‎11-03-2007
0

Re: Discover Open Road -vs- Chase Freedom.

I just do not like Chase


UpUpUp wrote:
Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?
 
 



IN VINO VERITAS.
Senior Contributor
ilovepizza
Posts: 3,071
Registered: ‎05-17-2007
0

Re: Discover Open Road -vs- Chase Freedom.



UpUpUp wrote:
Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?



I looked for this card on Chase's website and could not find it. Could you please provide a link to this card described above. Thanks. :smileyhappy:
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
Valued Contributor
wmarat
Posts: 1,754
Registered: ‎11-03-2007
0

Re: Discover Open Road -vs- Chase Freedom.

Senior Contributor
ilovepizza
Posts: 3,071
Registered: ‎05-17-2007
0

Re: Discover Open Road -vs- Chase Freedom.



wmarat wrote:



Yes. Better deal if you spend over $800+ in category areas each month to cover the $30 annual fee. I might get this one now. :smileyhappy: Thanks
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
Valued Contributor
stef37
Posts: 2,205
Registered: ‎12-06-2007
0

Re: Discover Open Road -vs- Chase Freedom.



haulingthescoreup wrote:


UpUpUp wrote:
Okay, I'm so confused as to why nobody ever comments on the Freedom Plus..."unlimited earning with no caps" and 3% in top 6 categories plus the option to take the $50 bonus I referenced in my post above. Woudn't that be better then just 5% on gas and 2% on groceries and 1.25% on everything else?
 
 



I think it's better, too, but it sure doesn't get marketed very much. And there was some question as to whether the cash back rewards were being replaced by points; don't know what the final outcome was on that.

My Freedom Plus has been getting a workout. I didn't hear anything about them switching to points or points only. I thought one of the benefits was being able to switch between points, cash back or miles?
 
The $100 or 10,000 mile sign up bonus is nice too.
Valued Contributor
athensguy
Posts: 1,291
Registered: ‎02-26-2008
0

Re: Discover Open Road -vs- Chase Freedom.

There are still caps on the 3% bonus categories with the Freedom Plus. After you exceed them, they revert to 1%.

Citi Driver's Edge is going to be my grocery card, even after the promotional 6% period is over because you can only redeem drive rebates if you have equivalent purchase rebates.

Soooooo
If I get a Penfed Card my main card lineup will be like so:

Discover More: used for whatever promo category they are offering at 5%

Penfed: Gas and purchases that don't fall into a promo category on another card

Citi Driver's Edge: Grocery and car service

Citi Professional: 3% Dining out and Car Rentals

Chase Freedom: No idea, but I'll limit it to three categories per month. Gas, Grocery and Dining out is most of my spending and those are covered better by other cards. Most of my utility cost requires bank drafts. I guess I can pay for cell phone and TV/Internet with it. It will probably be a leave at home card.

---
I had an Open Road card, but with $100 dollar spending cap on Gas, it just isn't worth it, so I converted it back to More.
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
0

Re: Discover Open Road -vs- Chase Freedom.

[ Edited ]
I don't think so. Read the link posted above it says:
 
"Get the card that rewards you the most where you spend the most! Whether you want cash back, points, or miles, it's your choice. You also get unlimited earning, no caps and no expiration dates on rewards."
 
...and when I called customer service they told me the same. Plus, while I have yet to sit down and add up exactly what my spending and rewards are, I'm bringing in $40-45 per month in cash rewards, so I don't think I'd be able to do that if there were caps.

athensguy wrote:
There are still caps on the 3% bonus categories with the Freedom Plus. After you exceed them, they revert to 1%.





Message Edited by UpUpUp on 09-22-2008 11:24 AM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}