Chase
Chase Freedom Rise® Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $25 statement credit |
| Rewards Rate | 1.5%-3% Cash Back |
| Regular APR | 18.24%-27.74% variable APR. |
About this card
The Chase Freedom Rise® Credit Card earns a 'Good' overall rating of 3.2. This card is exceptionally well-suited for its target audience: individuals new to credit or those with fair credit seeking to build their financial history with a reputable issuer. Its standout features include a $0 annual fee, which is a significant advantage in the credit-building segment, and the robust backing of Chase, providing strong brand strength and a clear pathway for card upgrades (e.g., to Chase Freedom Unlimited) and credit line increases over time. The card offers a respectable 1.5% flat-rate cash back on all purchases, with an appealing introductory offer of 3% cash back on dining for the first six months. This decent rewards structure, coupled with flexible redemption options, adds tangible value without an annual cost. However, the card's most notable drawback is its very high variable APR (ranging from 18.24% to 27.74%) with no introductory APR period. This necessitates diligent financial management, as carrying a balance will quickly negate any rewards earned. Additionally, the sign-up bonus of $25 is quite modest compared to other market offerings, even for a starter card. While the high APR is a considerable negative, it is somewhat offset by the card's strong positives, particularly its no annual fee, valuable credit-building features, and the reliability of the Chase brand. For responsible users who pay their balance in full each month, the Chase Freedom Rise® is a solid choice for establishing credit and earning modest rewards.
Pros & Cons
What's great
- No annual fee
- Cashback on purchases
- Sign-up bonus
- Low credit score requirement
- Pathway to credit line increases and card upgrades
- Various cardholder protection benefits
Things to consider
- High regular APR
- No intro APR period
- Limited categories for higher rewards
What this card offers
Sign-up bonuses
- $25 for enrolling in automatic payments
- Earn a $25 statement credit when you sign up for automatic payments within the first three months of opening your account and remain enrolled for at least 90 days.
Rewards
- Establish credit, earn 3% cash back on dining at restaurants, including takeout and eligible delivery services, on up to $6,000 spent in the first 6 months from account opening.
- And earn 1.5% cash back on all other purchases.
- Earn 2% total cash back on Lyft rides with your Freedom Rise card through September 30, 2027. That's .5% cash back in addition to the 1.5% cash back you already earn.
Other features
- Cash Back rewards do not expire as long as your account is open.
- There is no minimum to redeem for cash back.
- You will be automatically evaluated each year to upgrade to your first Chase Freedom Unlimited card when: Your Freedom Rise account is open, and you've made a purchase on your Rise card in the past 12 months; You've made all payments on time to all financial lenders in the past 12 months, and none of your Chase accounts are suspended.
- As a Freedom Rise cardmember, you'll be evaluated for a credit line increase in as soon as 6 months.
- Zero Liability Protection
- Purchase Protection Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
- Extended Warranty Protection Extends the time period of the manufacturer's U.S. warranty by an additional year, on eligible warranties of three years or less, up to four years from the date of purchase.
- Trip Cancellation and Interruption Insurance You can be reimbursed up to $1,500 per covered traveler and $6,000 per trip for your pre-paid, non-refundable passenger fares, if your trip is canceled or cut short by sickness, severe weather or other covered situations.
- 24/7 Fraud Monitoring We help safeguard your credit card purchases using sophisticated fraud monitoring. We monitor for fraud 24/7 and can text, email or call you if there are unusual purchases on your credit card.
- Lock/Unlock Feature Quickly lock or unlock your credit card right from the Chase Mobile app or Chase.com to instantly block new purchases, cash advances and balance transfers. You're not responsible for any unauthorized charges and locking your card will not affect automatic payments.
- There is no minimum to redeem for cash back. You can use points to redeem for cash through an account statement credit or an electronic deposit into an eligible Chase account located in the United States.
- Link your Chase Freedom Rise credit card to your Amazon.com account and instantly redeem your Cash Back rewards to pay for all or part of your eligible Amazon.com orders at checkout, including tax and shipping.
- Redeem for a variety of gift cards and certificates for shopping, dining and entertainment, and more.
- Book your travel with Chase Travel for competitive rates and flexible ways to pay.
- Eligible Chase credit card customers are targeted with cash back offers in the Chase Mobile app or on chase.com. Customers can activate an offer on a card, shop at that merchant with the card and receive a statement credit within 30 days.
- Get 6 months of complimentary access to DashPass– a membership for both DoorDash and Caviar – which unlocks $0 delivery fees and lower service fees on eligible orders. Activate by Dec 31, 2027.
- Plus, DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
- Receive instant access to your card by adding it to a digital wallet, like Apple Pay, Google Pay or Samsung Pay.
- Earn up to $250 cash back per year. You can earn $25 cash back for each friend who gets a Freedom Rise credit card.
Additional Notes
Best for: New to Credit and Students. Having at least $250 in Chase checking or savings accounts increases your chances of being approved. Please note: you may need to provide additional verification documents after applying, such as a U.S.- issued driver's license and Social Security Card