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Frequent Contributor
Posts: 285
Registered: ‎03-29-2008
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Is there another card similar to the chase Freedom?

About a year ago I got serious about my credit - cleaned up my payments, started getting my balances whittled down, etc... I should be out of CC debt in a few months.

 

During that time, I decided that credit cards were going to pay me, instead of making money off of me. I got a Freedom card that I use for just about everything, and pay the balance off online even before I get a statement. In about a year, I will have made about $750 in rewards just by using the card as my normal means of purchasing - not purchasing anything extra or extravagant.

 

I do see, however, that my 3% rewards on my  top spending categories is capped at $12 a month, and I would get much more if not for that cap.

 

Therefore, I am considering another rewards card - and do not care about the interest because I won't pay it. What else should I look at?

 

Thanks!

Frequent Contributor
Posts: 285
Registered: ‎03-29-2008
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Re: Is there another card similar to the chase Freedom?

bump

New Contributor
Posts: 53
Registered: ‎06-23-2009
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Re: Is there another card similar to the chase Freedom?

I have a Discover card that pays cash back, depending on the purchase, but up to 5%.

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Senior Contributor
Posts: 3,696
Registered: ‎01-10-2008
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Re: Is there another card similar to the chase Freedom?

the pen fed rewards cards is a fav but can be difficult to qualify for.

the chase amazon card is nice if you shop amazon frequently but also rewards for other purchases and for the 1st 90 days there are extra rewards.

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New Member
Posts: 4
Registered: ‎10-01-2008
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Re: Is there another card similar to the chase Freedom?

Chase Freedom is pretty good. Why not get another of the same card?
Valued Contributor
Posts: 1,668
Registered: ‎02-18-2009
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Re: Is there another card similar to the chase Freedom?


ace9848 wrote:

About a year ago I got serious about my credit - cleaned up my payments, started getting my balances whittled down, etc... I should be out of CC debt in a few months.

 

During that time, I decided that credit cards were going to pay me, instead of making money off of me. I got a Freedom card that I use for just about everything, and pay the balance off online even before I get a statement. In about a year, I will have made about $750 in rewards just by using the card as my normal means of purchasing - not purchasing anything extra or extravagant.

 

I do see, however, that my 3% rewards on my  top spending categories is capped at $12 a month, and I would get much more if not for that cap.

 

Therefore, I am considering another rewards card - and do not care about the interest because I won't pay it. What else should I look at?

 

Thanks!


 

Kind of a dumb question: but where do you think the comapnies get their money to give back to you from?

 

Thats why great rewards programs are few and far between, and why Chase has trimmed it's policies.

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Frequent Contributor
Posts: 285
Registered: ‎03-29-2008
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Re: Is there another card similar to the chase Freedom?

Do you mean that I can get another Chase Freedom card???

 

I will check out the others - I forgot to mention that I already have a Discover that I get 5% back on my gas for.

 

That's not a dumb question of course, but one making a point - that there are not many cards out there like I want because they may be less profitable unless I carry a balance - which I will never do again...

 

Thanks everyone!

Valued Contributor
Posts: 1,668
Registered: ‎02-18-2009
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Re: Is there another card similar to the chase Freedom?


ace9848 wrote:

 

 

That's not a dumb question of course, but one making a point - that there are not many cards out there like I want because they may be less profitable unless I carry a balance - which I will never do again...

 

Thanks everyone!


My point being since they only get transaction fees, many rewards programs are being scaled back, or discontinued, or relationship with users being cut as they are not making money for the banking entity but in fact are costing them money.

 

I still get my chase freedom rewards 3%

 

 

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
New Contributor
Posts: 74
Registered: ‎05-25-2009
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Re: Is there another card similar to the chase Freedom?

I would take a look at the Schwab Visa.  Supposedly it is hard to qualify for, but once a few inquiries fall off my report, it is my next target :smileyhappy:.

 

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New Contributor
Posts: 56
Registered: ‎03-30-2007
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Re: Is there another card similar to the chase Freedom?

You might call Chase to see if an upgrade to Freedom Plus is available.  (I have the sense that the program may be closed to new members, but I haven't read that definitely.)

 

Freedom Plus was an upgrade they offered on my card last year.  For a $29 annual fee, your monthly 3% bonus categories are expanded to six (from 3) and earn caps are removed -- cb is unlimited.  For first year's participation, the fee is waived.  You actually get a new card that says "PLUS".

 

Because I'm picking up additional 2% on 3 more categories for which my total monthly aggregate spending has averaged about $200/mo, I'm picking up about $50 in additional cashback there alone, easily coving the fee.  I reap massive dollars fro the cap removal on my 3 primary cashback categories:  groceries, telecom, drugstores.

 

Unfortunately, they've phasing Freedom out (the 3% card we have is no longer issued), so the "Plus" upgrade may no long be available.


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