Chase Freedom® Visa - $100 Bonus Cash Back

From the CompareCards.com Editorial Team:

The Chase Freedom visa gets its name from the fact that it offers $100 bonus cash back to you as a reward for signing up for the card and using it. The small print explains that you need to qualify by spending at least $500 on the card during the first three months that you have it, but that can include purchases as well as balance transfers or cash advance checks. So basically if you put $500 on the card in one way or another you’ll get paid $100, and compared to most cards that is a pretty good deal.

As far as the standard mechanics of the card go, those are also rather generous. While there are ways to get up to 5% cash back on some types or categories of purchases, you can earn a reliably steady 1% cash back on virtually everything you pay for with the Chase Freedom Visa.

Addtionally, card holders receive 0% for 15 months on balance tranfsers and purchases. There is no annual fee and depending on your credit you’ll get a decent APR of between 12.99% and 22.99%.

The Bottom-Line
This card rewards you for spending, both with cash bonuses as well as with chances to rack up rewards of up to 5%. There is no annual fee and although there are a few restrictions regarding special offers they are pretty easy to comply with – and you can qualify for a 0% intro rate.

The Good
If you pay attention to the quarterly categories that qualify for 5% cash back you can maximize your rewards. Meanwhile you can easily earn $100 by using the card and you can get a great introductory APR.

The Not So Good
You can only get the 5% cash back in special categories that are updated or changed quarterly and you are limited to $1,500 each quarter. To get your bonus $100 cash back you also must spend at least $500 in your first three months of card membership.