Chase Freedom Rise(SM) Credit Card

The Chase Freedom Rise℠ is a credit card for those who are building or rebuilding their credit. Chase advises that having a Chase checking or savings account with at least a $250 balance can increase your approval odds. Once you’re approved, you’ll earn 1.5% cash back on all purchases. If you enroll in automatic payments within the first three months of account opening, you’ll get a $25 statement credit. Chase will consider you for a credit line increase as soon as six months. We dive into the details in this Freedom Rise review.

Chase Freedom Rise

Our Rating

4.2/5.0

Welcome Offer

Earn a $25 statement credit

Annual Fee

$0

0% on Purchases

N/A

Reward Rate

1.5% cash back

0% on Balance Transfers

N/A

Welcome Offer

Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account. With automatic payments, just pick a date and dollar amount to make sure your Credit Card gets paid on time.

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Card Lock
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, PayPal
BenefitsExtended Warranty Coverage, Purchase Protection, Free credit score access, 24/7 customer service
Travel PerksTrip Cancellation Insurance

Rewards

1.5% cash back
All eligible purchases
Earn 1.5% cash back on all purchases.

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of the amount of each transaction in U.S. dollars.
Regular APR26.99% (V) APR

Insurance

Trip Cancellation and Interruption Insurance

You can be reimbursed up to $1,500 per person and $6,000 per trip for your pre-paid, non-refundable passenger fares, if your trip is canceled or cut short by sickness, severe weather and other covered situations.
These benefits are available when you use your card. Restrictions, limitations and exclusions apply. Most benefits are underwritten by unaffiliated insurance companies who are solely responsible for the administration and claims. There are specific time limits and documentation requirements. Once your account is opened we will send you a Guide to Benefits, which includes a full explanation of coverages.

Extended Warranty

Extends the time period of the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.

These benefits are available when you use your card. Restrictions, limitations and exclusions apply. Most benefits are underwritten by unaffiliated insurance companies who are solely responsible for the administration and claims. There are specific time limits and documentation requirements. Once your account is opened we will send you a Guide to Benefits, which includes a full explanation of coverages.

Purchase Protection

Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.

These benefits are available when you use your card. Restrictions, limitations and exclusions apply. Most benefits are underwritten by unaffiliated insurance companies who are solely responsible for the administration and claims. There are specific time limits and documentation requirements. Once your account is opened we will send you a Guide to Benefits, which includes a full explanation of coverages.

What Credit Score Is Required to Get the Chase Freedom Rise℠

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.

Lowest Approved Credit Score: 596

Average Approved Credit Score: 661

App StatusDateCredit ScoreBureauCredit Limit
Approved10/31/2023
596
Experian
$500
Approved10/31/2023
670
TransUnion
$500
Approved10/03/2023
718
Equifax
$1,700
Denied06/16/2023
631
TransUnion
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Pros & Cons

Pros
  • No annual fee
  • Earn 1.5% cash back on all purchases
Cons
  • No welcome bonus
  • High APR
  • Foreign transaction fee

What Are the Best Alternatives?

Capital One SavorOne Student Cash Rewards Credit Card
Capital One SavorOne Student Cash Rewards Credit Card

Rating

4.5

Rewards Range

1 to 3% cash back

Annual Fee

$0

Capital One Quicksilver Student Cash Rewards Credit Card
Capital One Quicksilver Student Cash Rewards Credit Card

Rating

4.4

Rewards Range

1.5% - 10%

Annual Fee

$0

Capital One SavorOne Cash Rewards Credit Card
Capital One SavorOne Cash Rewards Credit Card

Rating

4.5

Rewards Range

1% -10%

Annual Fee

$0

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