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Chase Freedom just sent me an offer with $100 cashback on first purchase?

That is hard to pass up. Has anybody done this and is there a catch? The card I use now gives me 1.4% back on all purchases with no caps, but I pay it off every month.

Look for APR and yearly fees. Do you get free APR for certain amount of time? A good APR would be somewhere around 14%. If there's a yearly fee, pass on it.

This entry was posted on Monday, December 29th, 2008 at 6:18 am and is filed under Cashback Cards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Chase Freedom just sent me an offer with $100 cashback on first purchase?”

  1. Ray Says:
    December 29th, 2008 at 11:39 am

    Look for APR and yearly fees. Do you get free APR for certain amount of time? A good APR would be somewhere around 14%. If there's a yearly fee, pass on it.
    References :
    Chase Employee

  2. candi h Says:
    December 29th, 2008 at 11:57 am

    Sounds good! just make sure the APR is not sky high. Also I do know that chase participates in the universal default so if anything reports late or past due you may be subject to a reduced line.
    References :

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