Chase Freedom Rise Card Review

Aedam Jo Written by
chase freedom rise credit card
8.25/10 MyCreditCardLab Score
Chase Freedom Rise℠ Rating & Score with Credit Cards System

Objective testing of credit cards involves conducting systematic evaluations based on predefined criteria to assess their features, benefits, fees, and overall value proposition.

For more information see our credit card score explanation here.
5.1

Intro APR

Intro APR credit cards offer a temporary period with low to no interest rates on purchases or balance transfers. They provide a financial break before regular rates apply.

For more information see our Intro APR score explanation here.
N/A
8.4

Regular APR

The APR is the ongoing interest rate for balances on credit cards. This is after any intro or promo periods end. It affects the long-term cost of borrowing.

For more information see our Regular APR score explanation here.
26.74% Variable APR
10

Annual Fee

Annual fee credit cards require a yearly payment for membership. They offer enhanced rewards, benefits, and services in exchange for the fee. They cater to individuals seeking premium perks.

For more information see our Annual fee score explanation here.
$0
8.3

Welcome Bonus

Welcome bonus credit cards offer a one-time reward. This could be bonus points, cashback, or statement credits. You get the reward by meeting spending goals. You must do so within a set time after opening the account. The rewards entice new cardholders with immediate benefits.

For more information see our Welcome bonus score explanation here.
Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account.
8.3

Rewards

Credit card rewards programs let cardholders earn points, miles, or cashback on purchases. They can redeem these rewards for things like travel, merchandise, gift cards, or credits. This gives extra value for using the card.

For more information see our rewards programs score explanation here.
Earn Cash Back - With Chase Freedom Rise℠, you can start building credit while earning 1.5% cash back on all purchases.
7.9

Benefits

Credit card benefits include perks and features from card issuers. They include travel insurance, purchase protection, and extended warranties. You also get airport lounge access and concierge services. They add value and usefulness for cardholders.

For more information see our benefits score explanation here.
Free Credit Score, No Annual Fee
9

Recommended Credit Score

The recommended credit score is the minimum score recommended by the card issuer. It's for potential cardholders to qualify for a specific credit card. Meeting or beating this score boosts the chance of approval. It also gives access to the card's benefits and features.

For more information see our Recommended credit score Rating explanation here.
690 - 580 (Fair - Poor)
8.8

Foreign Transaction Fee

Card issuers impose foreign transaction fees. They apply to transactions in a foreign currency or with a foreign merchant. The fees are usually 1% to 3% of the transaction amount. They may apply to purchases, withdrawals, or transfers made in a foreign currency. This raises the cost of international transactions.

For more information see our foreign transaction fees score explanation here.
3%
8.5

Cash Advance Fee

Each time you use your credit card for a cash advance or ATM withdrawal, the bank applies a 'Cash Advance Fee'.

For example, a Cash Advance Fee of "3% (min $10)" means the fee will be 3% of the cash advance amount, with a minimum charge of $10.

For more information see our cash advance fee score explanation here.
5% (min $10)
8.2

Balance Transfer Fee

A balance transfer fee may apply when you transfer a balance from 'Credit Card A' to 'Credit Card B'.

This fee is imposed by the credit card that gets your transferred balance. In this case, that card is 'Credit Card B.' 'Credit Card A' never charges a fee.

For more information see our balance transfer fees score explanation here.
5% (min $5)
How we rating & score here.

Best for

Discover the best credit card for your needs. Are you a student, rewards enthusiast, or cash back lover? Find the perfect fit with our thorough reviews and comparisons.
  • Students
  • Bad Credit
  • Everyday Spending

Considerations

Consider key factors when choosing a credit card. These include interest rates, fees, rewards programs, and more. Make an informed decision to find the right card for your financial needs.
  • Interest Rates
  • Sign-Up Bonus
  • Penalty APR
  • Spending Categories (Groceries, Dining, Travel, etc.)

Pros

Using a credit card has many pros. These include convenience, rewards, and building credit. They also include purchase protection and fraud security. You also get access to emergency funds and introductory offers. They help with budgeting and spending tracking. They also offer travel benefits and cash flow management. Plus, rental car insurance, extended warranties, and price protection. And online shopping security and opportunities for financial discipline.
  • No annual fee
  • Unlimited 1.5% cash back on every purchase
  • Earns rewards
  • Does not require security deposit
  • Autopay bonus

Cons

Using a credit card has cons. These include potential overspending, high interest rates, and fees such as annual fees and late payment fees. It can also hurt your credit score if used irresponsibly. Using a credit card can tempt you to carry a balance and incur interest charges. It also risks identity theft and fraud. It can lead to debt and reliance on credit for financial needs. And, it has limits on rewards and benefits compared to other forms of payment.
  • No bonus categories
  • High APR
  • Foreign fee
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  • 50+ Credit Cards Ranked
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At MyCreditCardLab, we value your trust above all else. We earn it with careful, fair analysis. We are fully transparent. We stick to strict editorial standards and independence. Your confidence in our content is our top priority.

See our full methodology

In This Review

Reviews Annual Fee Welcome Bonus Rewards Benefits Comparisons APR Credit Score needed FAQs
8.3

Review: Chase Freedom Rise℠

Get in-depth credit card reviews covering features, benefits, fees, and rewards. Make informed decisions and find the perfect card for your financial goals.

For more information see our credit card score explanation here.

At MyCreditCardLab, we put each card to the score.

We score Chase Freedom Rise℠ 10 different factors that impact the benefits and rewards of the cards. scoring categories include:

Credit Cards Review Rating
Intro APR Poor
Regular APR Good
Annual Fee Exceptional
Welcome Bonus Good
Rewards Good
Benefits Good
Recommended Credit Score Very Good
Foreign Transaction Fee Very Good
Cash Advance Fee Very Good
Balance Transfer Fee Good

Who can apply for Chase Freedom Rise℠?

We have categorized Chase Freedom Rise℠ 4 main useful user criteria. it's applied using the MyCreditCardcLab methodology.

10

Chase Freedom Rise℠ Annual Fee

Card type: Student Credit Cards

Issuer Name: Chase

No annual fee

Discover the value of the Chase Freedom Rise℠ credit card, with a $0 annual fee offering exclusive rewards and benefits that align with your financial goals and lifestyle, making it a smart choice for savvy consumers.

8.3

Welcome Bonus

The Chase Freedom Rise doesn't offer a big cash back bonus. But, it rewards building credit with valuable perks.

Setting up automatic payments within 3 months earns you a $25 statement credit. It's a nice boost for starting your credit journey. Also, get 3 months of free DashPass for easy food deliveries. And, get 5% cash back on Lyft rides until March 2025 (terms apply).

These perks might not scream "big bonus," but they offer practical rewards for everyday spending and responsible habits.

5.1

APRs: Chase Freedom Rise℠

Explore credit card APRs to understand borrowing costs. Learn how APRs vary for purchases, balance transfers, and cash advances. This is crucial for informed financial choices.

The table below shows the types of each APR brief description for the Chase Freedom Rise℠.

Type of APR Rating
Intro APR - None 5.1/10Poor
Regular APR - 26.74% Variable APR 8.4/10Good
Purchase - 26.74% Variable APR 8.4/10Good
Balance transfer - $5 or 5% of the amount of each transfer, whichever is greater 8.2/10Good
Cash advance - Either $10 or 5% of the amount of each transaction, whichever is greater. 8.5/10Very Good
Penalty - 29.99% (V) 8.7/10Very Good
7.9

Chase Freedom Rise℠ Benefits

Discover the many benefits of our credit cards. They include cash back and travel perks, as well as purchase protection and fraud prevention. Explore our cards today and unlock a world of convenience and value.

Certainly! Here's a table. It shows the benefits of the Chase Freedom Rise℠ credit card:

Benefits Score
Building credit

Designed for those new to credit, with potential for credit line increase. It's best for students.

 9.5/10Excellent
Simple rewards

Flat 1.5% cash back on all purchases, no categories to remember.

 8.2/10Good
No annual fee

Keep your rewards without worrying about yearly charges.

 10/10Exceptional
Free credit monitoring

Track your progress and learn credit-building tips.

 9.5/10Excellent
$25 bonus

Get a statement credit for setting up autopay within 3 months.

 8.4/10Good
8.3

Chase Freedom Rise℠ Rewards

Chase Freedom Rise℠ Rewards program boasts exceptional flexibility in credit currency. Redeem your earnings through a multitude of options, including:

  • Earn 1.5% cash back on all your purchases with the Chase Freedom Rise Credit Card.
  • Score a $25 statement credit when you sign up for autopay within 3 months of opening your account (terms apply).
  • No annual fee or minimum redemption requirements, it's a hassle-free way to earn rewards.

Chase Freedom Rise Rewards Potential

Category Estimated Annual Spend Cash Back Rate Annual Earnings
Travel $3,000 1.5% $45
Dining $2,000 1.5% $30
Drugstore $1,000 1.5% $15
Other Purchases $8,000 1.5% $120
Total $14,000 – $210
Pro Tip
Chase Freedom Rise your credit score! Pay on time, use responsibly, grab Lyft bonus (limited time). Autopay for $25 bonus. Track progress with free credit score. Aim low utilization, consider Ultimate Rewards later.
9

Recommended Credit Score

Credit Score : 690 - 580 (Fair - Poor)

We evaluate credit card options based on FICO credit scores. We ensure tailored recommendations that match your financial profile.

For more information see our FICO Recommended credit score Rating explanation here.

For the Chase Freedom Rise℠, applicants with credit scores between 690 (Fair) and 580 (Poor) are ideally suited. This range ensures eligibility for customized benefits and rewards that align with your credit profile. Apply now to unlock exclusive perks and elevate your credit card experience with us.

Compare The Chase Freedom Rise℠ vs. Other Popular Cards

Compare credit cards effortlessly to find the ideal match for your financial goals. Explore features, rewards, fees, and more to make informed decisions and maximize your benefits. You might want cash back, travel rewards, or low APR. Our tool makes it easy. It lets you compare many cards at once.

You have comprehensive information at your fingertips. You can select the card that best fits your spending and preferences. Take control of your finances. Find the perfect credit card for your needs with our easy comparison platform.
Chase Freedom Rise<sup>℠</sup> Chase Freedom Rise℠ Discover it<sup>®</sup> Student Cash Back Card Discover it® Student Cash Back Card Capital One SavorOne Student Cash Rewards Card Capital One SavorOne Student Cash Rewards Card
8.3MyCreditCardLab
Score 		9.0MyCreditCardLab
Score

MyCreditCardLab Score 9.0

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
10
Intro APR
10
Regular APR
8
Rewards
8.8
Benefits
8
Welcome Bonus
8.5
Recommended Credit Score: 9
Foreign Transaction Fee: 10
Cash Advance Fee: 9.5
Balance Transfer Fee: 8.2
9.1MyCreditCardLab
Score

MyCreditCardLab Score 9.1

We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score.

Annual Fee
10
Intro APR
10
Regular APR
8.5
Rewards
8
Benefits
8.8
Welcome Bonus
8
Recommended Credit Score: 8.5
Foreign Transaction Fee: 10
Cash Advance Fee: 9.7
Balance Transfer Fee: 9.5
ANNUAL FEE
$0 $0 $0
INTRO APR
N/A 0% intro APR for 6 months 0% intro APR for 15 months
REGULAR APR
26.74% Variable APR 18.24% - 27.24% Variable APR 19.99% - 29.99% (Variable)
WELCOME BONUS
Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account. Discover will match all cash back earned at the end of your first year with the card. Earn $50 Cash Back when you spend $100 in the first three months
REWARDS
Earn Cash Back - With Chase Freedom Rise℠, you can start building credit while earning 1.5% cash back on all purchases. 5% cash back on rotating quarterly bonus categories Earn unlimited 3% cash back on dining and entertainment, 2% at grocery stores, and 1% on all other purchases.
BENEFITS
Free Credit Score, No Annual Fee Choice of card designs, Text and email alerts No annual fee, International use, Entertainment
CASH ADVANCE FEE / APR
5% (min $10) / 29.99% (V) 5% (min $10) / 18.24% - 27.24% Variable 5% (min $5) / 5%
BALANCE TRANSFER FEE
$5 or 5% of the amount of each transfer 10.99% APR on Balance Transfers for 6 months, and then 18.24%-27.24% Variable APR 0% APR on Balance Transfers for 15 months, and then 19.99% - 29.99% Variable APR
RECOMMENDED CREDIT SCORE
690 - 580 (Fair - Poor) 630 - 689 (Poor - Fair) 630 - 689 (Poor - Fair)
FOREIGN TRANSACTION FEE
3% None None
BEST FOR
  • Students
  • Bad Credit
  • Everyday Spending
  • Cash Back Seekers
  • Students
  • Bad Credit
  • U.S. Supermarket Spending
  • Cash Back Seekers
  • Students
  • Everyday Spending
  • Entertainment
More Details Compare More Details Compare

Chase Freedom Flex vs. Chase Freedom Unlimited vs. Chase Freedom Rise

The similar names might make you think the Chase Freedom Flex, Freedom Unlimited, and regular Chase Freedom Rise are the same. But, you’d be mistaken. The cards differ greatly. This is because the Freedom (not Flex) is not available to new applicants. Here’s how the two Freedom Cards compare:

Chase Freedom Unlimited Chase Freedom Flex Chase Freedom Rise
Annual fee No annual fee No annual fee No annual fee
Rewards Earn 5% back on Chase travel, 3% on dining and drugstores, and 1.5% on everything else Earn 5% on up to $1,500 on combined purchases in bonus categories each quarter you activate Earn 1.5% cash back on all your purchases with the Chase Freedom Rise Credit Card
Intro APR There is a 0% intro APR for 15 months. It applies to purchases and balance transfers. There is a 0% intro APR for 15 months. It applies to purchases and balance transfers. N/A

Chase freedom Login

Follow these easy steps:

Step 1. Go to the Login Chase freedom page via the official link.
Step 2. Log in using your username and password. The login screen appears upon successful login.
Step 3. If you still can’t access Chase freedom Login then see forgot your username and password option.

Frequently Asked Questions (FAQs)

Still have questions? Check out some of the top FAQs on the Chase Freedom Rise℠ credit card below and get the answers you're looking for.

How does the Chase Freedom Rise card work?

The Chase Freedom Rise card offers cash back rewards on eligible purchases, with bonus categories that rotate quarterly.

Is there an annual fee for the Chase Freedom Rise card?

No, the Chase Freedom Rise card $0 annual fee, making it a cost-effective option for new cardholders. Especially for students with bad Credit.

How do I redeem cash back rewards with the Chase Freedom Rise card?

You can redeem Chase Freedom Rise Card cashback rewards. You can use them for statement credits, direct deposits, gift cards, travel purchases, and more.

Cashback rewards help students with monthly expenses.

Does the Chase Freedom Rise card offer any sign-up bonuses?

Yes, the Chase Freedom Rise card may offer $25 sign-up bonuses for new cardholders. These can be bonus cash back or a $25 statement credit for automatic payments. You get them in the first three months of opening your account.

About Aedam Jo

Aedam Jo is the Founder and Editor-in-Chief of MyCreditCardLab.com. Khunt has scored over 50+ Credit Cards himself. He has also written hundreds of reviews about their benefits, rewards, and fees. You may want cash-back rewards, travel perks, or low APRs. Aedam Jo Credit Card Reviews is here to guide you. We'll guide you through the complex world of credit cards clearly and confidently.

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