![]() ![]() the maximum limit you can charge (called credit utilization) is one of the main factors impacting your score. A higher credit limit can lead to a better credit score, as the amount you owe on your card vs. Those who are approved for the Freedom Rise will also have their account reviewed starting as soon as six months after account opening to see if they qualify for a credit line increase. The lack of a welcome bonus is somewhat typical for credit cards with no annual fee, but especially for cards targeted towards building credit. While the card doesn’t offer a traditional welcome bonus, cardmembers are eligible for a $25 statement credit after enrolling in autopay in the first three months of account opening. Chase has many different checking accounts, some with no monthly service fees. The card offers a pathway to credit approval for those who typically might not qualify due to thin credit files: Applicants who open a Chase checking account with a $250 balance within two days of card application will improve their chances of getting approved for a card.īeyond the initial $250, there is no minimum balance requirement. The Chase Freedom Rise Card is a new credit card designed for consumers who are just starting out on their credit journey. Recommended credit score: New to credit / limited credit history.Does the issuer offer a preapproval tool? No.Does it report to all three credit bureaus? Yes.Other perks and benefits: Access to Chase Credit Journey for credit score monitoring financial education resources 24/7 fraud monitoring purchase protection extended warranty protection trip cancellation/interruption insurance.Rewards: 1.5% cash back on all purchases.Welcome bonus: Earn a $25 statement credit after enrolling in autopay in the first three months of account opening.It earns above-average rewards on everyday spending and you don’t need prior credit to be approved. ![]() is a cash-back card designed for those starting to build a credit history. ![]() The card details on this page have not been reviewed or provided by the card issuer. The Chase Freedom Rise℠ * The information for the Chase Freedom Rise℠ has been collected independently by Blueprint. ![]()
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