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CHASE FREEDOM UNLIMITED CREDIT CARD
The Chase Freedom Unlimited is a simple cash back card with no yearly charges, thus incorporating it with an essential feature regarded as a successful reward system for a credit card. The credit card is a general-purpose service that enables the user to acquire and use its services across different markets. Freedom Unlimited offers a flat 1.5 Ultimate Bonuses per dollar utilized on all expenses, approximately equal to 1.5 percent when exchanged as cashback, without limiting the user to any amount of rewards that can be acquired. Therefore, after a review of the different credit cards available in the market, Chase Freedom Unlimited provided plenty of value, that would be suitable in enabling me to acquire and satisfy my needs efficiently. Hence, I chose to apply for this card, not only for the benefits that it presented but also because I am responsible and adequately capable of managing my expenditures.
Several benefits related to the card influenced by choice, and through these advantages associated with the credit card, I realized that through using the card on all my expenses, I am liable to a bonus. Firstly, this is one of the advantages linked to the card, offering value to the client once registered and using it, and also enabling the cardholder to use it widely since it is accepted. According to the company of affiliation, the Chase Freedom Unlimited credit card guarantees a $200 bonus to a user, after spending above $500 on purchases through it, within the first three months after application and acquisition of an account. As such, as a cardholder, during the first three months, the welcome bonus totaling to about 40% of the spent amount, presents me with the ability to earn by using the services offered. This benefit glued my interest because I believe that I can spend the amount during the stipulated period since my income cannot only meet my expenses but also pay loans.
Applying and acquiring the card, presented me with an opportunity to explore a world of unlimited possibilities. During the first fifteen months after opening the account, a client enjoys an introductory annual percentage rate (APR) interest of 0%. While this strategy is provided by various credit card companies, with the aim of enticing potential customers, Chase’s Freedom Unlimited card stood out in the market. The short period introductory APR offered by the company applies to all expenses, including purchases and balance transfers. Therefore, this feature would equip me with the capability of preparing myself for the future variable APR with regards to my creditworthiness acquired over the period.
Chase Freedom Unlimited is inclusive of a simplified cashback structure for the cardholder. I potentially can earn for every dollar spent on my expenses, regardless of their magnitude. The credit card affords its user 1.5 Ultimate rewards points for each dollar used through it, also, identified and often marketed as 1.5% of the amount spent. For instance, if my expenditure on an annual basis amounts to $22, 126, with a budget of $5, 174 on groceries, $2, 218 on gas, $3,675 on fun, entertainment and dining out, $4,862 on essential utilities, $2,244, and about $3,953 on various other expenses, I will earn 1.5% cashback from my expenditure, which would total to $331.90 annually. Subsequently, the offered rewards are not subjected to expiration, as long as my account is open and active.
Therefore, these benefits, inclusive of purchase protection against damage or theft for 120 days for any new purchases, are among the significant reasons for my choice to apply for a credit card with Chase. As compared to other companies in the industry, with Chase Freedom Unlimited, cardholders are not limited to the number of rewards available for redemption in their credit statement. With regards to the redemption solutions associated with Freedom Unlimited, once a person owns the card, they are liable to redeeming their Ultimate Rewards.
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