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In this video we look at a new trademark filing from Chase for the term Chase Freedom Rise.
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30 comments
Something akin to the X1 where multipliers rise with spend would be cool (and WAY more valuable than the X1 if you have the CSP/R for transfer), a legit Gas/Grocery card would be cool; and a 2x flat rate with multiple and retire the Unlimited could work as well (boring, but not the worst option card to intro right now).
I initially thought of it as a credit builder card. Maybe a flat 1% cash back on everything.
I hope it’s gas and or grocery card. Hell I’d be happy with a flat 2% card
Can you really still product change to an original "freedom" card? I thought they stopped this.
I’m out of the game.
Ben, are you ok? You’re looking worn down and sickly.
My guess is the more you spend in a month or quarter in certain predetermined categories the higher multiplier you receive up to a certain amount like 2x, 4x and 6x… all based on spending. That’s my guess but I’m probably way off.
Sounds like a credit builder card to me. What kind of rewards, if any, I would not venture a guess. Probably higher APR and lower credit limits than the Freedom Unlimited, for example. If it were a competitor to AmEx BCE, then that would hurt the Freedom Unlimited with its 1.5% cash back on everything.
As much as I like my combo of Citi Double Cash and Custom Cash, if Chase came out with a 2% cash back on everything card, I would be hard pressed to not switch. Maybe "Rise" will be for credit building but with a 5% on one category, ala Citi Custom Cash?
"Rise" sounds like rising from low level to mid level. Whereas "Ascend" sounds like ascending from ground or mid level to the stratosphere. "Rise" sounds like a pretty lame and half-hearted attempt to compete with "Ascend".
Maybe they want a credit card to compete with with discover it secure card that turns into a real card
I’m prepared to be disappointed.
It is going to be a complete gimmick, either made of a magnet to float over a magnetic base, or infused with viagra as an emergency superpower.
Maybe the Chase Freedom Rise is a Secured Credit Card hopefully catering to Sub-prime customers…
I hope that it’s a card that allows you to earn at least 3% UR points on food and gas, but my guess is that it’s a credit builder card.
Maybe this would be a 2% on everything personal credit card.
In 5/24 jail so no matter to me😂
I'd love to see this card actually be decent considering it's going to be a part of the Freedom family, but I could definitely see it being a less exciting card like the Slate. However, it would be pretty great for new credit card users to be able to get started with Chase sooner than normal if this is a credit builder card. I guess we'll see!
👍
I also think it's a credit building card.
Hey, my mom recently used an offer available through her platinum card to give me an “Additional Gold Card” with no annual fee. I’m only 18 and have never had a credit card before and I’m wondering if the points I earn will go to her account or my account and will it help me build my credit score or only affect her credit score since she is the primary card holder. Thank you
Hope they make this a grocery and online shopping beast of a card. They are lacking a good grocery card.
Ideally, I wish this was a grocery and gas card (3% on both), but I think it’s going to be a credit-builder card from what everyone is saying!
It's a card by Herb Alpert 🎺 OK I'm old. 😄
It's the mark of the beasts forerunner, run!!
I am not worried about anything new from Chase. Anyone would be better off using Citi Custom Cash and COSTCO Citi card (4% on gas). Way better treatment than Chase’s ‘take it or leave it’ attitude. I seriously don’t understand why people give so much importance to Chase when you have other lenders who definitely treat you better!
I would love to see this as a response to the Citi Custom Cash. High rewards on your highest spend category. RISING above their current earning rates.
Chase can be very picky with people starting out, so it seems like they have an opportunity for a credit building card so they don’t have to turn away that business. I think that’s most likely what it will be.
"Freedom rise"? What's that?
If they are trying to rival with BoA, maybe it's their tiered structure for Preferred Rewards like to BoA to offer higher rewards depending on how much you have invested with Chase.
What would be incredible is that, instead of making a 2% cashback card, just increase the Chase Travel Portal Bonus from 25% to 50% on the CSP and 50% to 75% on the CSR. You would essentially be getting 2.25% and 2.62%, respectively, on the Chase Freedom Unlimited. More people would book through the portal and Chase would earn more from whatever payout they get from cardholders booking through their travel portal. Just some thoughts
I really hope it's not some credit builder or secured card, chase really needs a good card for gas and grocery.