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Regular Contributor
Posts: 206
Registered: ‎12-20-2012
0

Which is better: Chase Freedom or Slate?

I pre-qualified for both just now... NO IDEA how to decipher offers and tell which are better.

Starting Score: EXP 615 | TU 610 | EQ 635
Current Score: EXP 719 (lender pull 10/15) | TU 707 | EQ 700 (lender pull 10/25)
Goal Score: 740
Senior Contributor
Posts: 4,039
Registered: ‎10-02-2012
0

Re: Which is better: Chase Freedom or Slate?

Chase freedom is great for the 5% cash back and if you can get a decent CL with Slate then use it to transfer high balanced credit cards to enjoy the 18 month 0% APR Slate offers. After that 18 month 0% APR its pretty useless card other than the look hahha.

Chapter 7 Bankruptcy discharged on 7/11/16. Let the rebuilding begin!

EX FICO ---, EQ FICO ---, TU FICO ---. Banking with Citi Bank and Rabobank. Gardening Since 07/18/16
Established Member
Posts: 9,465
Registered: ‎06-19-2013
0

Re: Which is better: Chase Freedom or Slate?


loviedovie wrote:
I pre-qualified for both just now... NO IDEA how to decipher offers and tell which are better.

I thought freedom was for cash back, and slate was for balance transfer ? So i guess its up to you what you need your card for ?



EX Fico 784 5/18/16 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 4/26/16 810 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 5/27/16 800 Fako 808 Creditkarma 5/11/15
Member
Posts: 30,743
Registered: ‎02-07-2013
0

Re: Which is better: Chase Freedom or Slate?


mongstradamus wrote:

loviedovie wrote:
I pre-qualified for both just now... NO IDEA how to decipher offers and tell which are better.

I thought freedom was for cash back, and slate was for balance transfer ? So i guess its up to you what you need your card for ?


Correct cash back vs balance tranfer card

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Regular Contributor
Posts: 206
Registered: ‎12-20-2012
0

Upgrading to Sapphire?

Is there a way to convert the card down the road to Sapphire? Or is it once a Freedom always a Freedom...?

Starting Score: EXP 615 | TU 610 | EQ 635
Current Score: EXP 719 (lender pull 10/15) | TU 707 | EQ 700 (lender pull 10/25)
Goal Score: 740
Established Member
Posts: 9,465
Registered: ‎06-19-2013
0

Re: Upgrading to Sapphire?


loviedovie wrote:
Is there a way to convert the card down the road to Sapphire? Or is it once a Freedom always a Freedom...?

i am not sure if you can but if i were you i wouldn't do that , i would just get csp paired with freedom since they share UR points. So you can get 5% with freedom and then apply that to your UR pool of points. At least that is how it  supposed to go  from what i understand. 



EX Fico 784 5/18/16 Fako 806 CS/Credit.com 11/24/14
EQ SW bank enhanced 4/26/16 810 CK fako 807 5/11/15
TU Fico Barclay's/Walmart 5/27/16 800 Fako 808 Creditkarma 5/11/15
Valued Contributor
Posts: 1,069
Registered: ‎03-16-2013
0

Re: Upgrading to Sapphire?


loviedovie wrote:
Is there a way to convert the card down the road to Sapphire? Or is it once a Freedom always a Freedom...?

You wouldn't want to convert it.  You would want to have them both to use the 5x categories of the freedom during the year to convert to valuable CSP UR points.  Plus the sign up bonus you would miss if you just pc'd it.

Regular Contributor
Posts: 206
Registered: ‎12-20-2012
0

Re: Upgrading to Sapphire?

Thanks you guys!!

I am going to app for the Freedom and take it from there. Cross your fingers for me! Smiley Happy

Starting Score: EXP 615 | TU 610 | EQ 635
Current Score: EXP 719 (lender pull 10/15) | TU 707 | EQ 700 (lender pull 10/25)
Goal Score: 740
Highlighted
Member
Posts: 30,743
Registered: ‎02-07-2013
0

Re: Upgrading to Sapphire?


loviedovie wrote:
Thanks you guys!!

I am going to app for the Freedom and take it from there. Cross your fingers for me! Smiley Happy

Good luck fingers crossed 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

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