Chase Freedom Rise®
Chase
Annual fee
$0
Rewards rate
1.5%-1.5%
Welcome Bonus
$25
Apply Now →on Chase's website
Regular APR:25.49% Variable APR
- 1.5%Cash back on all purchases
Welcome Bonus:
Earn a $25 statement credit for setting up automatic payments within the first three months.
Reward Rate:
Earn 1.5% cash back on all purchases.
APR:
25.49% Variable APR
The Chase Freedom Rise® stands out as the top choice because it is specifically designed for individuals new to credit, offering a straightforward 1.5% cash back on all purchases while helping users build their credit history.
Pros:
- No annual fee
- Helps build credit history
Cons:
- Low cash back rate
- Limited rewards structure
The Chase Freedom Rise® is a suitable option for individuals new to credit who are looking for a no-annual-fee card that offers a consistent cash back rate of 1.5% on all purchases. With a low barrier to entry and the added benefit of building credit history, this card may serve as a useful financial tool for those seeking to establish their credit profiles.