When you are shopping around for a new credit card, it is important to have standards and requirements beforehand. If you are interested in getting the most for your money, a rewards card is a great option. You can get rewards for using your card when you shop. Chase offers the Chase Freedom card and the Sapphire card. These are two of the top rewards cards available. Here are 7 reasons why you should switch to the Chase Freedom or Sapphire rewards credit cards.
The Chase Freedom is available with a $100 cash back bonus offer that is seen higher than most competitors. You can choose to get $100 cash back after you have made $500 in purchases within your first 3 months. Most cards offer cash back options, but this bonus is unique to Chase. If you plan to use your card for a lot of purchases, the $100 bonus option is ideal. If you don’t think you will spend that much in 3 months, you can always use the card for the other cash back benefits. If you decide to get the chase Sapphire card and you spend $500 within the first 3 months, you will get 10,000 bonus points, or $100 in rewards. No other credit offers these early bonuses.
Chase Freedom offers an excellent 5% cash back on gas, home improvements, and department stores on a quarterly basis. On all other purchases, you will get 1% cash back. With most other cards, you will be lucky to get 5% cash back on just gas. The maximum on most credit cards is 2% on a certain category of purchases. Getting 5% cash back on what you purchase can add up fast. Every quarter you will be able to see how much you saved.
Do you shop online often? You can earn up to 10% more cash back on purchases made through select merchants through Chase. This means that you get to enjoy the convenience of online shopping at lower prices, and you get even more cash back. Plus, 10% is a really good number. Pair that with the 5% cash back and 1% cash back on everything else, and you will save a lot of money just by using your credit card.
Chase Sapphire works on a point basis. If you travel often, you will be able to earn a lot of points. You will earn double the points earned on airfare booked through Ultimate Rewards, plus 1 point for every dollar spent on all other purchases. Add that to the 10,000 point bonus in the beginning and you will start out with a hefty amount of spendable points. These points can be redeemed for gift cards, travel, or merchandise, or you can get cash back. Cash back is often not an option with rewards programs.
Both the Chase Freedom and Chase Sapphire credit cards have no annual fee. If you pay your balance in full each month, you will be able to use the card at no cost while still being able to get the rewards. With a lot in cash back, your purchases become cheaper and cheaper. If you are using Sapphire, that means the potential for a lot of inexpensive travel. Many cards offer a low annual fee or no annual fee, but not in addition to the great rewards offered by Chase.
The Chase Freedom card is great for people with good credit. You do not need to have excellent credit to get a low variable interest rate including balance transfers. Most rewards cards require excellent credit. If you do happen to have excellent credit, then Chase Sapphire is a great option for you. With a very competitive interest rate and balance transfers, the rewards program is that much more desirable.
Finally, the 7th reason why you should switch to Chase is the great service you will get. With Chase Sapphire, you get 24/7 dedicated service advisors. When you need help, you can talk to a real person and not a voice recording. It’s very frustrating when you can’t get a hold of a real person to talk to. Customer service should be a top priority when working with any company. Fortunately, Chase has that for you.
Whether you choose the Chase Freedom card because you are still working on building excellent credit and want cash back, or you choose the Chase Sapphire card because you have excellent credit and love to travel, you will be very pleased with the rewards you get. The more you use your card, the more rewards you earn!