Today, Chase announced the launch of the new Chase Freedom Cash Visa Signature credit card. The Chase Freedom Cash Visa Signature card is the only cash back credit card to offer triple rewards for every $1 spent based on your spending patterns. This card is a continuation of the Chase Freedom card, the first reward credit card to offer consumers the ability to choose between cash back or reward points. Consumers will continue to enjoy the flexibility of choosing cash back or reward points, but with the added benefit of earning maximum benefits in categories determined by their spending habits.
The Chase Freedom Cash card features Chase’s patent-pending technology that automatically adjusts rewards based on the cardholders spending habits. Cardholders will receive triple rewards, regardless of spending patterns, in the top three of the following fifteen categories:
- gas stations/convenience stores;
- grocery stores;
- department stores;
- drug stores;
- fast food and quick service restaurants;
- movie theaters;
- movie rentals;
- dry cleaners;
- health clubs & gym memberships;
- beauty salons and spas;
- pet supply stores and veterinarians;
- mass transit and local commuter expenses;
- telecommunications;
- utilities; and
- cable/satellite TV and Internet bills.
In addition, cardholders will continue to receive rewards on all purchases, customers earning cash back will receive a $50 bonus for every $200 earned and redeemed, the flexibility to choose between cash back or points, no loss of rewards when switching between cash back or points and no annual fee.
The Chase Freedom Cash card also features the BlinkSM technology. This feature lets you pay with your credit card at over 50,000 merchants without ever giving your card to a cashier. Just swipe your card in front of special readers at checkouts and gas pumps.
Chase will also be offering a Chase Freedom for Business credit card. Business customers will also be able to enjoy triple rewards in the top three spending categories and the flexibility to switch between cash back and rewards points.
The Chase Freedom Cash Signature card is available as a Visa® or MasterCard®.
About Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.5 trillion and operations in more than 50 countries. The company has more than 154 million credit cards issued. Under the Chase and JPMorgan brands, the firm serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients.
