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Author - Sam
Updated: February 5, 2024 | Credit Card Review The Chase Freedom card has a wide range of categories where to get 5% cashback at rotating categories, as well as 1% cashback on everything else. The 0% APR for 15 months will give you more room for purchases and balance transfers while aiding your cash flow.
- Chase 5/24 rule: Chase will decline an applicant that has opened 5 or more cards (other issuers included) in the past 24 months. Hence, 5/24 rule
- Max cards: You can get approved for up to 2 Chase credit cards in 30 days. Business cards and personal cards are counted separately
- Apply for two cards: If you apply for one Chase card and get approved, it is recommended to apply for a second card since Chase is very good about approving for two cards, even within the same day. If the first application is still pending, wait for it to be approved before you apply for a second card
- Double dipping: If you currently have this card open, Chase may not approve you for another one.
- Credit bureau: Chase Bank will usually pull your Experian credit report
- Combining same-day credit inquiries: Some data points suggest that credit inquiries for all Personal Chase cards for same-day applications will be combined; also, credit inquiries for all Business Chase cards for same-day applications will be combined. Credit inquiries for Personal and Business card applications will not be combined.
- Check application status: You can check your application status at Chase.com / Customer Center / Check my app status or call 1 888 338 2586
- Reconsideration: If you get declined then you can call 1 888 609 7805 to be reconsidered
Approval Monitor (submitted by HelpMeBuildCredit users)
Credit limit range $800-$16,200
Avg. Credit limit$6,367
Disclosure: These results are based on information submitted by HelpMeBuildCredit users. Credit card approval results are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Neither HelpMeBuildCredit nor the bank advertiser's take any responsibility on the accuracy of the information.
HelpMeBuildCredit credit ranges are a variation of FICO®️ Score 8, one of many types of credit scores lenders may use when considering your credit card application
- Balance transfer fee: 3% or $5, whichever is greater
- You cannot transfer balances from other credit cards issued by Chase Bank
- Balance transfers are capped at $15,000 (each month) even if your credit limit is higher
- No penalty APR
Secondary coverage on rentals up to 31 days
One additional year (limit $10,000 each claim and $50,000 max per account)
Lost and theft, up to 120 days. $500 per claim ($50,000 per account)
Chase will dispatch you assistance for free, but you will need to pay the service fee.
Up to $1,500 per person per trip for a max of $6,000 per trip (Visa Signature cardholders only)
