topic Re: Chase Freedom Vs Amex in Credit Cards

Chase Freedom Vs Amex

creditnocash — Thu, 09 Aug 2012 01:16:38 GMT

Do these cards compare?

im talking about any amex.

from what ive read people compare these.

im not asking to have a fanboy rave on here but is chase freedom a really good card to have?

i apped for it well because of a balance transfer that was denied but anyways. i have the card now and am alot of people wanting this card.

im just curious why?

someone in another thread said his chase freedom was = to his amex.

amex is something im aiming for so im just curious here.

is freedom harder to get then amex?

Re: Chase Freedom Vs Amex

trumpet-205 — Thu, 09 Aug 2012 01:19:28 GMT

You are asking a very vague question. Be specific, which AMEX are you talking about? Better yet what is your spending habit?

And this statement contradicts each other.

"i apped for it well because of a balance transfer that was denied but anyways. i have the card now and am alot of people wanting this card. "

Re: Chase Freedom Vs Amex

Anonymous — Thu, 09 Aug 2012 01:21:06 GMT

Chase is a decent card but ain't gonna touch AMEX in CLIs and backdating.

Re: Chase Freedom Vs Amex

creditnocash — Thu, 09 Aug 2012 01:28:11 GMT

Honestly its vague to me.

Any amex?

i can admit besides of backdating i don't know anything about amex other then that its a desirable card. * so please educate me*

and i applied for the card to bt my best buy card. (at the time had 2100 due of 2500 limit) (already paid 1800 of that and don't plan on purchases there anytime soon)

i received a limit of 500 on chase freedom and obviously the bt was denied.

I have been using it regularly and have already put 300 (500 in 3 months for extra 100 cashback) on it in a week that everything will pif friday.

im just curious on the reasoning why freedom compares ( at the time my credit was not that great and anyone can get freedom' s)

i guess i was mistaken.

Re: Chase Freedom Vs Amex

jamesdwi — Thu, 09 Aug 2012 01:28:20 GMT

AMEX zync is easier to get than Chase freedom.

Freedom's 5% is awesome but only good upto $1500 per quarter, Zync's packs offer 2% back on catagoreis for a small anual fee.

BCE and BCP offer 3%+ on different catagories all year long no limits

AMEX CLI's can grow with you extremely fast if you have the income and score to support it... 3x CLI after 61 days (Chase likes 5 months for the first CLI)

second CLI of 3x at 6 months. .i.e start with a 2k card, 61 days CLI to 6k, 6 months later 18k, 6 months after that you can max out the automated system at 25k CLI

AP for additional AMEX cards is a SP unless approved then its hard.

Extras availible for AMEX are first rate and get better as your AF increases.

and the major reason to have AMEX.... BACKDATING.

got my first AMEX card in 12/11 (blue)... got my second AMEX (Zync) in january 1/2012.... credit report shows the Zync card is 11 months older than the Blue card...

But there is no reason not to have both...

Re: Chase Freedom Vs Amex

creditnocash — Thu, 09 Aug 2012 01:35:27 GMT

@jamesdwi wrote:
AMEX zync is easier to get than Chase freedom.

Freedom's 5% is awesome but only good upto $1500 per quarter, Zync's packs offer 2% back on catagoreis for a small anual fee.
BCE and BCP offer 3%+ on different catagories all year long no limits
AMEX CLI's can grow with you extremely fast if you have the income and score to support it... 3x CLI after 61 days (Chase likes 5 months for the first CLI)
second CLI of 3x at 6 months. .i.e start with a 2k card, 61 days CLI to 6k, 6 months later 18k, 6 months after that you can max out the automated system at 25k CLI
AP for additional AMEX cards is a SP unless approved then its hard.
Extras availible for AMEX are first rate and get better as your AF increases.

and the major reason to have AMEX.... BACKDATING.

got my first AMEX card in 12/11 (blue)... got my second AMEX (Zync) in january 1/2012.... credit report shows the Zync card is 11 months older than the Blue card...

But there is no reason not to have both...

ok so if you dont have the income to support it? its not really worth it for you am i correct? (income is only at 25k(before taxes) at the moment) (working full time while going to school full time)

i was planning on waiting until decmeber to app for amex (any card) and then getting another after march (when more then half my inquries fall off) so my score will be up.

and also what i have read here is that if you have one amex already everything then on out is a soft hit.

Re: Chase Freedom Vs Amex

jamesdwi — Thu, 09 Aug 2012 01:39:26 GMT

@OlegWasHere wrote:
@jamesdwi wrote:
AMEX zync is easier to get than Chase freedom.

Freedom's 5% is awesome but only good upto $1500 per quarter, Zync's packs offer 2% back on catagoreis for a small anual fee.
BCE and BCP offer 3%+ on different catagories all year long no limits
AMEX CLI's can grow with you extremely fast if you have the income and score to support it... 3x CLI after 61 days (Chase likes 5 months for the first CLI)
second CLI of 3x at 6 months. .i.e start with a 2k card, 61 days CLI to 6k, 6 months later 18k, 6 months after that you can max out the automated system at 25k CLI
AP for additional AMEX cards is a SP unless approved then its hard.
Extras availible for AMEX are first rate and get better as your AF increases.

and the major reason to have AMEX.... BACKDATING.

got my first AMEX card in 12/11 (blue)... got my second AMEX (Zync) in january 1/2012.... credit report shows the Zync card is 11 months older than the Blue card...

But there is no reason not to have both...

ok so if you dont have the income to support it? its not really worth it for you am i correct? (income is only at 25k(before taxes) at the moment) (working full time while going to school full time)

i was planning on waiting until decmeber to app for amex (any card) and then getting another after march (when more then half my inquries fall off) so my score will be up.
and also what i have read here is that if you have one amex already everything then on out is a soft hit.

If you don't have income to support it you are heading for a very sad ending fast. Chase's APR on freedom is over 20% a $1000 balace for a year will cost you an additonal $200 in interest. Even AMEX best rate is 15+%. If you can't afford it don't buy it.

WIth AMEX charge cards you have to winthin 2 weeks of of statement cut. (yes there is some leeway but don't count on it too much).

Re: Chase Freedom Vs Amex

creditnocash — Thu, 09 Aug 2012 01:58:59 GMT

@jamesdwi wrote:
@OlegWasHere wrote:
@jamesdwi wrote:
AMEX zync is easier to get than Chase freedom.

Freedom's 5% is awesome but only good upto $1500 per quarter, Zync's packs offer 2% back on catagoreis for a small anual fee.
BCE and BCP offer 3%+ on different catagories all year long no limits
AMEX CLI's can grow with you extremely fast if you have the income and score to support it... 3x CLI after 61 days (Chase likes 5 months for the first CLI)
second CLI of 3x at 6 months. .i.e start with a 2k card, 61 days CLI to 6k, 6 months later 18k, 6 months after that you can max out the automated system at 25k CLI
AP for additional AMEX cards is a SP unless approved then its hard.
Extras availible for AMEX are first rate and get better as your AF increases.

and the major reason to have AMEX.... BACKDATING.

got my first AMEX card in 12/11 (blue)... got my second AMEX (Zync) in january 1/2012.... credit report shows the Zync card is 11 months older than the Blue card...

But there is no reason not to have both...

ok so if you dont have the income to support it? its not really worth it for you am i correct? (income is only at 25k(before taxes) at the moment) (working full time while going to school full time)

i was planning on waiting until decmeber to app for amex (any card) and then getting another after march (when more then half my inquries fall off) so my score will be up.
and also what i have read here is that if you have one amex already everything then on out is a soft hit.
If you don't have income to support it you are heading for a very sad ending fast. Chase's APR on freedom is over 20% a $1000 balace for a year will cost you an additonal $200 in interest. Even AMEX best rate is 15+%. If you can't afford it don't buy it.

WIth AMEX charge cards you have to winthin 2 weeks of of statement cut. (yes there is some leeway but don't count on it too much).

well what happend was that i suckered into the finance for 18 months at bby.

the way they told me at the store was that i could not allocate my funds and that whatever i paid would be split between everything.

little to my knowledge if i called the card company themselves and paid over the phone i could.

in the 1 year 10 months ive had the card ive put at least 3k(and am now a "preferred" member of reward zone on it between 2 laptops an xbox a wii car remote starter/alarm and other misc items.

i let it pile up and thats where it got me.

i have never been late and always paid more then the minumum.

and always it was split.

the only thing left on the card now is my sisters laptop that she pays for monthly of 100$ (purchase price of 829) (since she didnt have the money and needed a laptop for school i did this as a small part of her gift for her birthday)

this was before i knew anything about credit and how util. effects score. next month the only balance i will let report is that one which will be 350/8100 credit limit which

honestly the only bills i have atm are my cell phone 78/month and insurance 89/month plus gas we will say 60/month everything else i can spend on whatever i want.

i just basically replaced my debit card with the freedom. so 78+89+60=229. if i dont take any overtime i will take home 1400/month after taxes.

im not looking for a 25k limit

just something larger then 500.

its all in the hype. if amex really isnt that good im happy with any credit card honestly as long as they report.

keep in mind i just turned 21 last month.

i know in this day in age credit is everything so im just trying to plan for the future.

Re: Chase Freedom Vs Amex

Kozmo — Thu, 09 Aug 2012 02:11:53 GMT

20% on freedom..huh?

Mines 9.9%. Not sure about that whole 20% deal.

Re: Chase Freedom Vs Amex

jamesdwi — Thu, 09 Aug 2012 02:15:35 GMT

I got the 22.99%...

"Variable APR of 12.99% - 22.99% after intro periods. Balance transfer fee is 3% of the amount transferred with a minimum of $5." Perhaps in time I will be able to get it down, when my UTL is closer to 9% instead of 21% UTL and my card has a year on it or more.

Re: Chase Freedom Vs. Amex

creditnocash — Thu, 09 Aug 2012 02:42:06 GMT

im not sure what my apr was.

I knew I was going to pay it off before the promotional the 15 months was up. I was just delaying.

I was mad I got charged 65 in interest from one of the promotions that expired. So I appped for the card.

was approved instantly but she didn't know and said the bt would take 7-10 days to verify.

I actually paid most of the balance down before I even knew if the bt went through or not.

so in a way it was a blessing.

but enough about me.

THE MAIN QUESTION WAS

is chase freedom hard to get? then amex.

i was just shocked i was instant approval.

and

this makes it seem that it would be easy for me to get an amex card and then do what everyone else is doing with backdating that would help my score.

im fine with a charge card since i was always a firm believer or not buying what you can't pay. (I paid in cash for everything since I was 14. Including my first two cars)

but once I was introduced to this world, the swipe is where its at.)

plus im looking at getting a mortgage in the next 5-7 years and want an early start.

Re: Chase Freedom Vs. Amex

iMacDrew — Thu, 09 Aug 2012 02:49:16 GMT

Id say chase freedom is slightly easier to get than american express. It may be even with the Amex Zync.

Re: Chase Freedom Vs Amex

Anonymous — Thu, 09 Aug 2012 03:02:22 GMT

op your comparing one card to a whole variety. only downside to amex is i cant go one day on this site lol without seeing one member stating either an FR or a hard limit placed on npsl

Re: Chase Freedom Vs Amex

Anonymous — Thu, 09 Aug 2012 03:13:58 GMT

Amex is a little harder to get but will grow with you better than Chase. I'm freeing the Freedom card next August and then one card yearly after that. When the dust settles, one of my Amex cards will be left.

Chase has good CS and the card is fine. I probably would have gotten a better CL/rate if waiting a few months until utilization was down. I wouldn't have applied at all knowing customer CLI requests are a HP. I'm only keeping it until the HP falls off EX, LOL!

Re: Chase Freedom Vs Amex

iMacDrew — Thu, 09 Aug 2012 03:18:38 GMT

@Anonymous wrote:
Amex is a little harder to get but will grow with you better than Chase. I'm freeing the Freedom card next August and then one card yearly after that. When the dust settles, one of my Amex cards will be left.

Chase has good CS and the card is fine. I probably would have gotten a better CL/rate if waiting a few months until utilization was down. I wouldn't have applied at all knowing customer CLI requests are a HP. I'm only keeping it until the HP falls off EX, LOL!

only 1 card in the end??

Re: Chase Freedom Vs Amex

Anonymous — Thu, 09 Aug 2012 06:09:08 GMT

I have the Chase Freedom as well as the Amex Zync. In my opinion, the Freedom seems to be a little harder to get due to the nice rewards it offers. The ONLY reason I got the Zync was because its the easiest card to get from Amex and I plan on getting some of their revolvers after I graduate (Im a 21yr old college student as well). I use my Zync for everyday transactions and the Freedom only on the 5% categories. It all depends on what you are looking for.

The Zync does not offer anything for me regarding rewards but it got my foot in the door with them. Chase isnt too bad with CLI; I went from $500 to $1500 in a year. People are always talking about the Freedom because you earn more rewards if you have a Chase checking account. Having a Chase checking, Freedom, and CSP is like the ultimate rewards trifecta

Think about what cards you will want later on down the road.

Re: Chase Freedom Vs Amex

CreditPacMan — Thu, 09 Aug 2012 07:07:57 GMT

I have both Chase and AMEX. It was hard to get both.

Honestly, I never thought I would ever get approved for an AMEX card due to three denials in 2011. Just in May, I was approved for two of their cards (a charge card and a revolver). Chase also approved me for the freedom card back in May.. Just to give you an idea of how difficult it was to get it approved .. I had to call about four times! It's a small limit .. But it's a good start with Chase.

I believe Chase Freedom has better rewards than AMEX BCE .. just an observation .. it's more with the freedom than BCE!

Re: Chase Freedom Vs Amex

Anonymous — Thu, 09 Aug 2012 10:14:17 GMT

@iMacDrew,

I'll also keep the Citi Cash Returns and one USAA. Citi took a risk on me very early in rebuilding.

I won't need $40ish K in available credit once things are together and cash flow is right.

Re: Chase Freedom Vs Amex

creditnocash — Thu, 09 Aug 2012 21:16:58 GMT

@altayar wrote:
I have both Chase and AMEX. It was hard to get both.
Honestly, I never thought I would ever get approved for an AMEX card due to three denials in 2011. Just in May, I was approved for two of their cards (a charge card and a revolver). Chase also approved me for the freedom card back in May.. Just to give you an idea of how difficult it was to get it approved .. I had to call about four times! It's a small limit .. But it's a good start with Chase.
I believe Chase Freedom has better rewards than AMEX BCE .. just an observation .. it's more with the freedom than BCE!

i previously got denied for chase 3 times in the past as well. (never reconed i was 18/19/20) 21 is the magic number i guess.

do they give a revolver amex to first timers? or is it only charge then revolver.

at the time i plan on apping? december

my aaoa will be 1.1 with my oldest being 2 years 2 months and 2nd would be 2 years.

come to think of it none of my inquries will fall off by then should i just app now and then be satisfied with everything and will be gardening indefitly. with the amex aging as well?

what i wanted to do in december was app for any amex and then in august 13' all of my inquries would have been non factor(except for the amex) with my aaoa being back up to 1.7

wait till september? all the inquries and new cards show in my most recent credit reports so even with the new cards im doing alright.

just waiting for freedom-0 but 280 on it/kohls shows153-0/macys 87-0 plus i got a cli to 3500 from 2k/mastercard-33-0 to all show 0 balance and i would be good.

i dont want to app but my next set of inquries fall of in feb which would slow my backdating.

ughh i need to stop overthinking.

and just garden.

Re: Chase Freedom Vs Amex

CreditPacMan — Thu, 09 Aug 2012 21:53:20 GMT

I would apply for a charge card first. If you get approved, try ON THE SAME DAY to apply for a revolver.

I had over 14 inquiries with EX at the time I was approved for both cards with AMEX ( Green and BCE).

@OlegWasHere wrote:
@altayar wrote:
I have both Chase and AMEX. It was hard to get both.
Honestly, I never thought I would ever get approved for an AMEX card due to three denials in 2011. Just in May, I was approved for two of their cards (a charge card and a revolver). Chase also approved me for the freedom card back in May.. Just to give you an idea of how difficult it was to get it approved .. I had to call about four times! It's a small limit .. But it's a good start with Chase.
I believe Chase Freedom has better rewards than AMEX BCE .. just an observation .. it's more with the freedom than BCE!
i previously got denied for chase 3 times in the past as well. (never reconed i was 18/19/20) 21 is the magic number i guess.

do they give a revolver amex to first timers? or is it only charge then revolver.
at the time i plan on apping? december
my aaoa will be 1.1 with my oldest being 2 years 2 months and 2nd would be 2 years.
come to think of it none of my inquries will fall off by then should i just app now and then be satisfied with everything and will be gardening indefitly. with the amex aging as well?

what i wanted to do in december was app for any amex and then in august 13' all of my inquries would have been non factor(except for the amex) with my aaoa being back up to 1.7

wait till september? all the inquries and new cards show in my most recent credit reports so even with the new cards im doing alright.
just waiting for freedom-0 but 280 on it/kohls shows153-0/macys 87-0 plus i got a cli to 3500 from 2k/mastercard-33-0 to all show 0 balance and i would be good.

i dont want to app but my next set of inquries fall of in feb which would slow my backdating.

ughh i need to stop overthinking.
and just garden.