Along with the Blue Cash Everyday® Card from American Express, the Chase Freedom® card is one of my favorites. The reasons for this are simple… the Chase Freedom card has generous rewards, no annual fee, and a $100 cash bonus if you spend $500 in the first three months of card ownership.
The rewards follow a flexible 5%/1% structure wherein you earn 5% cash back in rotating categories which change every quarter subject to maximum spend limits and activating the categories each quarter. All other purchases earn 1% cash back.
If you’re curious as to what’s available in terms of categories, here’s a sample of the categories for 2013:
» Gas Stations
» Starbucks® stores
» Movie theaters
» Theme parks
» Select department stores
This card is a great complement to Blue Cash Everyday® Card from American Express, which we use as our primary rewards credit card.