Chase Freedom Visa

Title: Instant Approval
Date Reviewed: 2012-05-12 17:11:13 | Recommended?: Yes
Remarks: Approved for $4,000 cl. 0% APR for 15 months on balance transfers and purchases. $100 bonus after spending $500 in first 3 months.

Title: Approved (Initially Denied)
Date Reviewed: 2012-04-19 07:54:42 | Recommended?: Yes
Remarks: Initially denied but called the reconsideration number and actually spoke to some who spoke clear english. The representive was extremely polite and approved me for a $1,000 credit limit. I have a old collections account on my credit report (2 years ago). I am getting rid of all my low limit cards that I have had for years. I am sick of wasting my time with HSBC and Capital One.

Title: Approved
Date Reviewed: 2012-01-02 13:25:07 | Recommended?: Yes
Remarks: I wasn't approved initially but called for recon and was told I can be approved if I agreed to close my Slate credit card. They closed my Slate and opened the Freedom with the same credit line $2,000, and a much lower APR at 14.99%. 0% APR on balance transfers for 12 months, and 0% APR on purchases for 6 months. Credit scores at time of approval are Ex: 661, TU: 679, EQ: 657.

Title: Good card until the intro APR expires
Date Reviewed: 2011-10-10 16:46:14 | Recommended?: No
Remarks: I started banking with Chase a year and a half ago when BoA was going to charge me $8.95 for every month that I didn't have a direct deposit. Since I was self-employed, that didn't fly with me. Fortunately around the same time, the lingering memories of my fiscally irresponsible youth had all fallen off my CRs - boosting my score well into the mid 700s - so I decided to apply for this card. Unfortunately, after applying online, I didn't receive an instant decision... I actually figured my application was declined since I got a message that they would mail me a letter with their decision within 14 days. But I logged into my Chase checking account a few days later and saw that I had a new acct for a Chase Freedom Visa w/ a $3K limit. However, I am not in love with my APR after the 6-month 0% intro period: 22.99%. No thanks! In the mean time, I've been using my 0% for balance transfers from other, much higher interest rate cards, as well as purchases that I won't be paying off at the end of each cycle. So far, so good. I already received my first rewards bonus in the form of cash deposited straight into my Chase checking account. The only downside of getting the rewards was that it took ten calendar days for the deposit to post. Otherwise, I'm very pleased with the card - though I wish the intro APR was longer than 6 months... I got this card in July 2011, and just last week (10/6/11) I got a sweet letter from Chase Freedom saying that since I also have a Chase checking account, my points and rewards are now significantly higher than the standard amount for this card. So, instead of 1% cash back, I get 10% extra points for every dollar spent (which means 1 extra point for every $10). It's tricky lingo bc it makes you think it's 10% cash back the way the letter is written, but it's actually 10% extra POINTS. Anyway, I still get 5% total cash back for every $1,500 spent per quarter in the bonus categories, as well as 10 bonus points on every purchase. Basically, it's nothing to write home about - especially considering that Chase implemented this account "upgrade" with little more than one month remaining on my 0% intro APR. Too bad for Chase though, because I just got a Citi Platinum MC with 21 months of 0% interest... So in a month, I'll "chase what matters" and charge it to my Citi Platinum Card, and the impending 22.99% APR Chase Freedom card will go in the file cabinet.

Title: Aproved
Date Reviewed: 2011-09-08 21:35:45 | Recommended?: Yes
Remarks: Instant decision with 696 fico 3k.

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Chase Freedom® Visa