Category Archives: Chase

No Balance Transfer Fee Within 30 Days of Chase Application?

A poster at FW is saying that many new Chase accounts actually have a 30 day period in which to make their initial balance transfer without paying a fee:

Chase just sent a memo to it’s credit supervisors telling them that some accounts that required a BT at the time of application to avoid BT fees, actually had a 30 day period in which to make a BT with no fees! Mine was one of them. So they must have had more complaints than just mine. So I moved 50% of that card’s cl to my interest bearing acct without any BT fees!. I think that the language on the application was very unclear and that is what caused all of this. SO if you got stuck paying a BT fee on a new account call Chase and see what they can do.

Sounds like this won’t apply to everyone, but the info may be useful for some rate surfers.

Chase Launches New Freedom Card

Chase has begun test marketing a new credit card under the name of “Chase Freedom.” This name is sure to confuse existing Chase consumers, as it’s the same name that was used for the card that was converted into the existing Chase PerfectCard.

The latest edition of the Chase Freedom card has a set of features far more complicated (but better) than the existing PerfectCard:

  • 3% cash back on eligible Gas, Grocery store, and Quick Service Restaurant purchases; 1% cash back on all other purchases
  • Reach $50 in rewards and redeem for a $50 check; or reach $200 in rewards and redeem for $250 cash back.
  • The 3% cash back on eligible Gas, Grocery store and Quick Service Restaurant purchases is capped at $600 of spending per billing cycle; any excess in these categories is credited at 1%.
  • 0% Intro APR for 12 months for purchases and balance transfers

The type of establishment that qualifies as a Quick Service Restaurant could include “pizza, hamburgers, tacos and sandwich shops, coffee houses, and more…” but really depends upon how the merchant codes the transaction.

You can find more information and apply for the card by visiting this link.

Double Rewards on Chase PerfectCard Purchases in August and September

According to this post from CardRatings, you may be eligible for 2% cash back on non-gas purchases in August and September:

Received a card from Chase that they are paying 2% cash back on non-gasoline purchases on their PerfectCard (formerly known as Freedom Card) for the months of August and September. Gasoline purchases still pay 3% cash back, $15 max per month. Non-gasoline purchases are exempt from the $15 limit.

It’s unclear whether this is a targetted offer, so YMMV.

Chase PerfectCard: “Five Times the rewards” on Restaurant and Grocery Store Purchases Through July 2006

Got this offer in the mail the other day and it does not look targeted:

…From now until July 31, 2006, you’ll enjoy Five Times the rewards on all your qualifying restaurant and grocery store purchases… of course, you’ll still enjoy 3% rebates on qualified gas purchases and 1% on all other eligible purchaes as a valued Chase PerfectCard cardmember.

Best of all, this special “thank you” offer is automatic — there’s no need to activate it.

One major downside is that the fine print stipulates that the maximum rebate accumulation is $15 monthly, excluding purchases that earn 1%. This means that the limit will be reached after only $300 of restaurant/grocery spending, which is something to keep in mind.

Chase Freedom Card: Up to $25 Bonus For Existing Cardmembers

FW is reporting that Chase Freedom card holders can earn up to $25:

  • $5 for switching to paperless statements
  • $5 for adding a cardmember
  • $5 for adding 1 or more company for periodic bill pay
  • An additional $10 bonus for doing all of the above.

This offer may be targetted, so it’s unclear whether you need to specifically sign up for the promotion to be eligible. If you didn’t receive a flyer in the mail about this offer, it would probably be advisable to clear this up with a CSR first.

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