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Valued Contributor
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

chase freedom holders new and old.

i logged into my chase freedom account and clicked more info on my account and it said 23.24% cash advance interest and 0% on purchases. 

  

does this mean that there is no interest charged on anything if i did carry a balance until the promotional balance transfer deal is done? 

 

also at sears.com you can get 5% cash back (using freedom) and 50$ off when buying 2 appliances 399 or more. sadly my limit is not that high. so id have to max and pay the rest cash =/.

Current: Discover Fico 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Contributor
elpo9
Posts: 80
Registered: ‎08-02-2011
0

Re: chase freedom holders new and old.

[ Edited ]

Congrats on the promo! If this card used to have a different APR, your new statements will show multiple balance categories - one for each APR. Thus, only new purchases (things you bought since that 0% showed up) will be at 0% and will not accure interest, while existing purchases/BTs/etc continue to acrue interest at the previous, higher rate until paid off. Luckily, any payments over the minimum automatically apply to the highest-rate balance; so do your best to pay above the minumum, and soon you'll really begin enjoying that 0%!

BoA 1-2-3 Rewards (2500) | Freedom Visa (2400) | DM (2500) | AMEX PRG (7000) | Amazon.com Store Card (1800) | Cap1 ($750) | Gardening til mid-summer 2014 for that Delta Platinum AMEX

Starting Score: 702 (2012) 653 (2011)
Current Score: 685 699 8/6/11 717 8/30/11 712 12/6/11 714 across the board 1/12/12 685 EX FICO 3/1/14
2013 Goal Score: 755


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Valued Contributor
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

Re: chase freedom holders new and old.

[ Edited ]

gobucks821 wrote:

Congrats on the promo! If this card used to have a different APR, your new statements will show multiple balance categories - one for each APR. Thus, only new purchases (things you bought since that 0% showed up) will be at 0% and will not accure interest, while existing purchases/BTs/etc continue to acrue interest at the previous, higher rate until paid off. Luckily, any payments over the minimum automatically apply to the highest-rate balance; so do your best to pay above the minumum, and soon you'll really begin enjoying that 0%!


wow yeah i checked my last statement and says introductory purchases expire 11/2013. 

so i can carry any balance with no interest. 

and also have the bt offer of no interest until 11/2013 so 14 months of no interest on anything. 

 

thats pretty awesome since i wasnt even on planning on doing that. 

applied for the 100 cash back. 

 

anyone else that has gotten this card in the last 6 months have this? 

now if only they do no hard pull cli. 

Current: Discover Fico 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Contributor
elpo9
Posts: 80
Registered: ‎08-02-2011
0

Re: chase freedom holders new and old.

When did you open the card? Mine's older, and they've yet to offer something like this to me :/ Good luck with that CLI...Chase is notorious for requiring HP and only occasionally does auto-CLIs

BoA 1-2-3 Rewards (2500) | Freedom Visa (2400) | DM (2500) | AMEX PRG (7000) | Amazon.com Store Card (1800) | Cap1 ($750) | Gardening til mid-summer 2014 for that Delta Platinum AMEX

Starting Score: 702 (2012) 653 (2011)
Current Score: 685 699 8/6/11 717 8/30/11 712 12/6/11 714 across the board 1/12/12 685 EX FICO 3/1/14
2013 Goal Score: 755


Take the FICO Fitness Challenge
Valued Contributor
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

Re: chase freedom holders new and old.


gobucks821 wrote:

When did you open the card? Mine's older, and they've yet to offer something like this to me :/ Good luck with that CLI...Chase is notorious for requiring HP and only occasionally does auto-CLIs


july of this year. 

they only gave me 500 but im just happy to be approved at the time. (i guess i shortchanged myself but i had a 70% util at that time)

i only had one other non store card and it had 500 limit so im assuming they matched it. 

but since then ive also gained a 2k non store revolver. and 4/9 accounts have 2k+ limits. 

so in 2 years ill ask for a cli when my accounts are 5k+(wishful thinking) and hopefully they will match or do better. 

Current: Discover Fico 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000

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