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

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
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,257
Registered: ‎10-02-2012

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.


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Senior Contributor
mongstradamus
Posts: 3,805
Registered: ‎06-19-2013

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 770 5/12/2014 Fako 806 CS/Credit.com 7/23/14
EQ SW 807 quizzle fako 796 7/19/14
TU Fico 804 7/24/2014 Fako 751 Creditkarma 7/12/2014
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Senior Contributor
myjourney
Posts: 25,277
Registered: ‎02-07-2013

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

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
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Last 5 apps 6/6/13
Regular Contributor
loviedovie
Posts: 206
Registered: ‎12-20-2012

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
Senior Contributor
mongstradamus
Posts: 3,805
Registered: ‎06-19-2013

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 770 5/12/2014 Fako 806 CS/Credit.com 7/23/14
EQ SW 807 quizzle fako 796 7/19/14
TU Fico 804 7/24/2014 Fako 751 Creditkarma 7/12/2014
Established Contributor
ezdoesit
Posts: 749
Registered: ‎03-16-2013

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
loviedovie
Posts: 206
Registered: ‎12-20-2012

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! :smileyhappy:

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
Community Leader
Senior Contributor
myjourney
Posts: 25,277
Registered: ‎02-07-2013

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! :smileyhappy:

Good luck fingers crossed 

"Intelligence plus character--that is the goal of true education"
Cap1 EO link below
http://lmgtfy.com/?q=Capital+One+CEO+email+address+#seen
Last 5 apps 6/6/13

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