Offer Details
Written by: RJ
The good DoC got the details on the Chase Freedom Rise card:
Chase Freedom® Rise
- Annual fee: $0
- Multipliers
- 1.5x All purchases
Additional details
- Launches 6/11/23
- Welcome offer
- Receive $25 after enrolling in auto payments within the first three months
- Will replace the Chase Freedom® Student
- Earns Ultimate Reward points
- Opening a Chase checking account that has a $250 balance will help an applicants chances of getting approved
- Open at least 2 days before card application
- Not a requirement
- Cardholders will be evaluated for a credit limit increases in as soon as 6 months.
- This product is a targeted as a credit builder product, not a credit repair product.
First reported by DoC
Thoughts
This new card is a slight upgrade over the outgoing Chase Freedom® Student. Moving up to 1.5x to match the Chase Freedom Unlimited® makes this an easier recommend for someone just starting out on their credit journey. Also an example of relationship banking at work.