Applied Towards: Purchases, Balance Transfers

Category: Finance, Credit.

The Chase Free Cash RewardsSM Visa� Card, is designed for, issued by Chase those with very good credit who would like a card that offers a cash back reward program. Cardholders are also awarded 1, 000 bonus points with their first purchase.

Through the reward program, cardholders earn one point for each dollar spent on all purchases. Each time the cardholder accrues 2, they will receive, 500 points either a$ 25 gift check or a$ 25 gift certificate from their choice of various merchants and retailers. For those who qualify, the card has a reasonable interest rate for purchases and balance transfers in comparison with other reward cards. The amount of points you can earn is limited to 60, 000 points per year. There is also a 0% introductory rate on purchases and balance transfers for the first twelve billing cycles and no annual fee. Credit Card Pros and Cons. Those who plan to occasionally carry a large revolving balance may find doing so costly due to the" Two Cycles Average Daily Balance" method used by this credit card to determine finance charges, which ends up costing more to maintain an occasional balance as compared to the" Average Daily Balance" method used by many credit card issuers.

Pros: Long term 0% introductory rate on purchases and balance transfers. Bonus points. No annual fee. Reasonable interest rate for purchases and balance transfers. 0% introductory rate on purchases and balance transfers. cardholders have access to common platinum benefits provided by Chase. Emergency card replacement. Various Internet account related services.

Lost and stolen card reporting. Auto rental insurance( Auto Rental Collision Damage Waiver) . Travel accident insurance. Various travel and emergency assistance services. Purchase protection. Extended warranty for purchases.

No liability for unauthorized transactions. Those who qualify for the lowest rate offered and will take advantage of the reward program will benefit most from what the Chase Free Cash RewardsSM Visa� Card has to offer. Year- end financial statement( upon request) . Cons: Uses" Two Cycles Average Daily Balance" method when determining finance charges. Applied Towards: Purchases, Balance Transfers. Card Details: Introductory Rate: 00% Time Period: 12 Months. APR( Purchases) : 124% Variable* The APR for purchases is based on the Prime Rate.

Finance Configuration: Two Cycles Average Daily Balance( including new purchases) Annual Fee: $0. APR( Cash Advances) : 224% Variable* The APR for cash advances is based on the Prime Rate. Additional Cardholders: $0. Maximum Credit Limit: n/ a. Grace Period: 20 Days( Min. ) Minimum Credit Limit: n/ a. Late Payment Fee: $15 if balance is less than$ 250; $39 if balance is$ 250 or more.

Cash Advance Fee: 3% , $10 minimum. Over- The- Limit Fee: $35. Balance Transfer Fee: 3% , $5 minimum, $75 maximum. Card Reward Program Details: Points per Dollar: 1 Point. To view the most current rates, please see the most recent: Terms and Conditions. Additional Points: None. Expiration: None.

Point Details: When 2, 500 points have been accrued, the cardholder may choose either a$ 25 check or a$ 25 gift certificate to participating merchants. Yearly Limit: 60, 000 Points. Notes: The APR for purchases and balance transfers varies according to the applicant s credit history and will be 99% , 99% or 199% + Prime Rate. Bonus Points: First Purchase: 1, 000 Points. See website for complete terms and conditions of card usage and application disclosure.

Read more...

People Treat Credit Card Debt Like A Disease - Finance and Credit Articles:

People treat credit card debt like a disease. How to eliminate the credit card debt as soon as possible?

You Can Also Have As Many Cards As You Need For Your Employees - Finance and Credit Articles:

The Citi PremierPass card, either for your business or personal needs, is easily one of the best travel rewards cards on the market today.

These Are Also Known As Secured Credit Cards - Alta Marlett's Finance and Credit blog:

Unless you have really good credit it may be difficult for many people to obtain a credit card.