Undoubtedly, Chase is among the most significant portfolios with high-grade credit cards in the market. But wait! Choosing the best chase credit cards is a daunting task.
Are you looking to pay off debts, earn different rewards, or simply pay different expenses, then Chase Credit Cards are the best for you.
Do you know the credit profile requires work and you have to improve the credit score before you apply? Therefore, you have to look for the right card.
Let’s take a detailed look at some of our top picks!
Overview: Best Chase Credit Cards
Detailed Look: Best Chase Credit Cards
Chase Freedom Unlimited®: Best For Introductory Offers
Unique Feature:
Beginners and reward travelers alike use the Chase Freedom Unlimited credit card. This card makes earning points simple with no annual fee and no shifting bonus categories. The Chase Freedom Unlimited card has no annual fee and offers some of the finest payback rates in the industry.
If you opt to upgrade to an Ultimate Rewards earning card in the future, you can use this card to earn Ultimate Rewards rather than cash-back. You may transfer your points to Chase partners or another Chase Ultimate Rewards-earning travel credit card, for example, where you might get a bonus.
Who is it Best For:
Chase Freedom Unlimited is for consumers who desire a straightforward rewards program with good returns and exciting new bonus earning opportunities. This card should now be on your radar if you are searching for a top-of-wallet credit card that won’t need you to do any extra research to optimize its worth.
It’s especially worthwhile to think about if you have other Chase Ultimate Rewards cards because you can combine your points from all of them to get more value out of them. For example, when you redeem your points for travel through Chase, you’ll gain 25% greater value with the Chase Sapphire Preferred and Ink Business Preferred Credit Cards. Plus, with the Chase Sapphire Reserves, you’ll get a 50% bonus.
Sign-up Bonus and Rewards:
- There is no welcome bonus
- The card provides 200 dollars cashback on spending 500 dollars of the card in the first three months. The spending requirement is significantly less, with a minimum of $167 every month.
- Therefore, it is also suited for those with a low budget for reaching the reward needed.
The card reward is hard to be more straightforward on many spending. 1.5 percent cashback, earned if you spend that isn’t a part of the enhanced bonus rewards category that includes accessibility for earning 5 percent cash back on Chase’s travel and a 3 percent over drugstore and dining purchases.
Interest Rate and Recommended Credit:
Chase Freedom Unlimited® credit card offers a 0% APR for 15 months from account opening on different balance transfers and account openings. It has a variable interest rate of 14.99 %–23.74 %. It comes with a brilliant recommended score of 670-850.
Annual Fee:
The annual fee is $0 and you will need to pay a balance transfer fee that’s 5% of the total transfer amount. The annual fee of 0 is a big benefit, no doubt. There is a cash advance fee that’s also 5% of the entire transaction amount. The account will also cost you a foreign transaction fee of 3% in U.S. dollars.
Click Here to Know More About Chase Freedom Unlimited®.
Chase Sapphire Preferred® Card: Best Travel Card
Unique Feature:
The Chase Sapphire Preferred® Card is as near to heavenly as you’ll find if the travel gods set out to develop a flawless travel card. The card comes filled with rich rewards and other goodies for a relatively cheap annual fee of $95, making it a credible challenger in a sector saturated with cards costing hundreds of dollars more a year to acquire.
The Chase Sapphire Preferred Card is a very popular travel rewards credit card that offers 5 points per dollar spent on travel reserved via the Chase travel site and 3 points per dollar spent on dining, certain streaming services, and online grocery store shopping.
Who is it Best For:
The Chase Sapphire Preferred is suited for regular and infrequent travelers alike. It can help both seasoned point and mile collectors and those just getting started. It’s not a costly card with a $95 annual fee, so it’s a nice pick for novices. It is also beneficial for people looking for grocery store purchases.
With this card, you may earn Ultimate Rewards® points in various ways and strategically use them for travel, such as transferring those points to a range of loyalty programs, such as United Airlines or Hyatt. It also pairs well with several other Chase cards that earn Ultimate Rewards® points.
Sign-up Bonus and Rewards:
After you spend $4,000 on transactions in the first three months after activating your account, you’ll get 60,000 bonus points. When you redeem with Chase Ultimate Rewards®, you’ll get $750 toward travel. All travel purchased via Chase Ultimate Rewards® earns 5 points for every $1 spent. It offers travel purchased through chase ultimate to get benefits.
- For every $1 spent on eating, you’ll get 3 points (including eligible delivery services and takeout).
- Earn three points as rewards for every dollar spent on certain streaming services.
- For every $1 spent on groceries online, you’ll get 3 points (not including Target, Walmart, and Wholesale clubs).
- Earn 2 points as rewards for every $1 spent on non-Chase Ultimate Rewards® travel.
- 1 point for every $1 spent on non-essential goods.
- Earn points as rewards for every $1 spent on Lyft until March 2024.
- When redeemed for travel with Chase Ultimate Rewards®, each point is worth 1.25 cents.
Interest Rate and Recommended Credit:
You won’t get an introductory 0% APR on purchases or debt transfers, but that’s to anticipate with a travel-focused credit card. If you have a balance, the variable APR of 15.99 percent to 22.99 percent is somewhat lower than the average current credit card interest rate.
If you’re ready to move beyond cash-back or fixed-value rewards points bank cards, the Chase Sapphire Preferred is a great place to start. The minimum recommended credit score is 690-850 and is a decent to outstanding credit score.
Annual Fee:
The Sapphire Preferred has a low annual fee of $95 per year, which means you’ll pay $95 each year you have the card. This makes the card far more affordable than the Sapphire Reserve, a $550 annual fee, even though the Preferred card’s premium is easily recouping via standard rewards spending. You can pay the $95 cost by spending only $132 per month in your 3X categories, but if you travel frequently, you could spend just $80 per month in your 5X category to cover it.
Click Here to Know More About Chase Sapphire Preferred®.
Ink Business Unlimited® Credit Card: Best Small Business Card
Unique Feature:
The Ink Business Unlimited provides adequate cash back for small enterprises for which more strong cash-back cards would be unprofitable due to yearly fees or higher credit standards. The Ink Company Limitless keeps things simple in terms of incentives, with unlimited 1.5 percent cash back on purchases and no complicated reward structure, but offers a variety of advantages that any small business owner may benefit from.
This credit card also comes with several useful features that aren’t often available on no-annual-fee cards, such as main automobile rental insurance when renting for a business, extended warranty, and purchase protection.
Who is it Best For:
The Ink Company Unlimited card is ideal for business owners who don’t want to pay a credit card annual fee and prefer a straightforward reward structure. Businesses seeking simplicity would like the card’s 1.5 percent cash back on all transactions, regardless of category, with no limitations and no annual fee.
The Chase Ink Business Unlimited® Credit Card is a great option for a company seeking a rewards card with a set rate that You can utilize in several ways. A card is also a good option for individuals who don’t want to pay an annual fee Ink Business Unlimited® Credit Card will provide good value to most firms.
Sign-up Bonus and Rewards:
- Get $750 extra cash-back after spending $7,500 on purchases in the first three months after creating your account.
- Use Chase Ultimate Rewards® to redeem points for cash back, gift cards, travel, and more.
- Earn points quicker and for free with employee cards.
- To get more control over your spending, set separate spending limitations. With the Chase Ink Business Unlimited card, earning rewards is simple.
- The Ink Business Unlimited offers a diverse range of rewards redemption choices.
- There is no minimum cash-back reward amount, and cardholders can redeem cash-back rewards for statement credits or direct deposits.
- You can use the cash-back points from the Chase Ultimate Rewards and Apple Ultimate Rewards program to complement or replace cash-back points for travel and purchases at Apple.
- A variety of suppliers provide cash-back points that you may use for gift cards.
Interest Rate and Recommended Credit:
With a 12-month promotional APR of 0% Intro APR on Purchases, the card’s normal rate of 13.24 percent – 19.24 percent Variable will apply. This is useful if your small business is anticipating several high costs that you’d like to spread over time without incurring high-interest rates.
What is the minimum credit score for Chase Ink Unlimited? To be eligible for the Ink Business Unlimited® Credit Card, you must have acceptable credit. In general, a credit score of at least 690 is considered “excellent credit.”
Annual Fee:
With the Ink Business Unlimited® Credit Card, you’ll never have to pay an annual fee, making it ideal for small businesses or start-ups looking to cut costs.
The Ink Business Unlimited® Credit Card, like so many other no-annual-fee cards, imposes a processing fee, so it’s not a smart choice for bills invoiced from abroad or international travel. For those transactions, you’re better off using one of our top credit cards with no international transaction fees.
Click Here to Know More About Ink Business Unlimited®.
Ink Business Cash® Credit Card: Best For Freelancers
Unique Feature:
For small-business owners that spend a lot in the card’s top bonus areas and want a card with no annual charges, the Ink Business Cash® Credit Card might be a good option. It also offers a significant sign-up bonus to new cards. The Ink Company Cash® Credit Card offers a variety of benefits and incentives that make it a terrific option for entrepreneurs and small business owners.
Although the Ink Business Cash® Credit Card is a capable cash-back rewards card, some business owners may find a better fit elsewhere, including among other Chase business credit cards. Business owners may earn big benefits by paying for costs with the Ink Business Cash® Credit Card, which has no annual charge. The card’s high earn rates in common business spending categories will help you get cash-back faster than many other small company credit cards.
Who is it Best For:
If your principal spending falls within the office supplies and utilities bonus categories, the Ink Business Cash Card is a great option. Nevertheless, if you spend a lot of money on travel, shipping, and advertising, the Ink Business Preferred Credit Card can be a good fit for you.
The Ink Business Cash Card might be a good match in your wallet if you’re a start-up business owner — or even if you do some contract or freelance work on the side. Suppose you’re searching for cash-back incentives or the opportunity to convert cash-back to transferable travel rewards. In that case, the Ink Business Cash Card is a smart choice because of its simplicity and possibility for higher redemptions.
Sign-up Bonus and Rewards:
- The sign-up bonus is large enough to cover numerous client lunches, and it is quite generous for a credit card.
- The 5% categories are useful and correspond to normal small-business spending.
- It’s especially beneficial for smaller spenders who won’t exceed the $25,000 rewards ceiling by the conclusion of the first quarter.
- Spending up to that limit earns you $1,250 a year.
- While double cash back on gas stations and restaurants (2 percent instead of 1%) isn’t groundbreaking these days, it’s a good deal if you don’t want to juggle other credit cards to get better returns.
- You may also transfer benefits earned with the Ink Business Preferred to a variety of Chase-affiliated airline or hotel loyalty programs.
- Especially if you transact to an airline program and reserve a business-class flight, this can greatly improve the value of your points.
- Those who already have other travel rewards cards may find that the Ink Business Cash Card offers additional earnings in categories where they don’t get bonus points now, such as office costs, restaurants, and gas.
- If you currently have a Chase Ultimate Rewards card, you may increase your earnings in these categories without paying an annual fee.
Interest Rate and Recommended Credit:
Chase Ink Business Cash provides 0 percent intro APR on 12-month purchases. After the time period is over, the interest rates are 13.24% – 19.24% Variable. However, the recommended score is 690-850 and that’s a reliable option.
Annual Fee:
This option is a solid choice for small businesses as you can make purchases at different office stores and the internet. Moreover, the service providers and cable options are beneficial and you can get it purchased through chase ultimate. It will not cost any annual fee.
Click Here to Know More About Ink Business Cash®.
Ink Business Preferred® Credit Card: Best Bonus Categories
Unique Feature:
The Chase Ink Business Preferred SM Credit Card is one of the best options for small companies to earn and redeem flexibility. This card earns points through the Chase Ultimate Rewards program, which offers an almost limitless number of prize opportunities.
Owning the Ink Business Preferred SM Credit Card might be one of the best financial decisions for your organization, whether you want to reduce your travel expenditures or just want pure cash-back. For a low annual fee, the Ink Business Preferred Card offers a generous introductory bonus as well as significant earning and perks opportunities. This card is difficult to beat if your small-business costs align with the card’s bonus areas and you enjoy redeeming Ultimate Rewards points for travel.
Who is it Best For:
The Ink Business Preferred® Credit Card is an ideal choice if you operate a small business and enjoy earning flexible rewards that can be used for travel and several other redemptions – especially if you don’t want to pay a hefty annual fee.
The Ink Business Preferred Card is ideal for businesses that spend a significant amount of money each year on travel, shipping, internet, cable, and phone services, as well as social media and search engine advertising. If your company costs don’t fall into these bonus areas, or if you just have a small amount of spending each year, you should apply for a business card with no annual charge.
Sign-up Bonus and Rewards:
Spend $15,000 on transactions in the first three months after creating your account to get 100k bonus points. When redeemed through Chase Ultimate Rewards®, that’s $1,000 in cash or $1,250 in travel.
- Every account anniversary year, earn 3 Chase Ultimate Rewards® points for every $1 spent on qualified travel and business categories.
- 1 point for every $1 spent on everything else.
You may exchange your points for cash, gift cards, vacation, and other things or services that are suitable. Points are usually worth roughly a penny each, but when you redeem them for travel booked via Chase Ultimate Rewards®, they’re worth 1.25 cents each.
You may cash chase Ultimate Rewards in a variety of ways with the Ink Business Preferred card. Points never die as long as your account is active and there is no minimum redemption value.
All redemptions must be completed through the Chase Ultimate Rewards portal, which you may access by logging into your account and selecting “Ultimate Rewards” or calling a Chase representative.
Interest Rate and Recommended Credit:
The American Express Blue Business® Plus Credit Card offers a long period of no interest payments. On purchases, you’ll enjoy a 12-month initial 0% intro APR, followed by a continuing APR of 13.24 percent -19.24 percent Variable APR. On the first $50,000 in purchases made per year, this card gets 2 points every $1 spent, then 1 point per $1 spent after that. There is no yearly charge.
If you apply for the Ink Business Preferred with a decent to exceptional credit score, you’ll have the highest chance of getting approved (a FICO score of 670 or higher, or a score of 661 or higher)
Annual Fee:
The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card has no annual fee and delivers 1.5 points for every $1 spent on all transactions (3 points for travel purchases made through the Bank of America® Travel Center). This card is an appropriate payment method for overseas purchases because it is a Mastercard with no foreign transaction fees.
Click Here to Know More About Ink Business Preferred®.
Chase Sapphire Reserve®: Best Annual Ultimate Rewards
Unique Feature:
For serious travelers with outstanding credit looking for a premium travel card, the Chase Sapphire Reserve is an appealing option. It can also be a suitable option for regular travelers who only take a few trips each year but want to take advantage of luxurious features while on the road. The card’s value enhances with a $100 credit (every four years) for Global Entry or TSA Precheck, as well as complimentary access to more than 1,000 airport lounges.
With the travel credit, spending about $108 each week on a combination of travel and dining—both of which earn 3 points as a reward per dollar spent—and redeeming those points for travel through Chase Ultimate Rewards could more than cover the annual fee.
Who is it Best For:
The Chase Sapphire Reserve card has a hefty annual fee and requires an outstanding credit score to be approved, but it gives substantial rewards on travel and dining expenditures. However, devoted travelers will find this travel card appealing because of its high earnings, premium amenities, and flexible redemption possibilities.
The Chase Sapphire Reserve is a powerful travel card that comes in a large metal box. This card’s key feature is that it gets top-tier prizes. Chase Ultimate Rewards are more versatile than Simone Biles’ and may be redeemed for statement credits, gift cards, and merchandise, or, best of all, for 50% more value when booking travel through the Ultimate Rewards site.
Sign-up Bonus and Rewards:
- When you try to spend $4,000 in the first three months after opening your Chase Sapphire Reserve® account, you’ll get 50,000 bonus points. It also includes travel purchases annually.
- Keep in mind that the yearly fee includes in the spending requirement.
- Earn 10 points for $1 spent on hotels and vehicle rentals through the Chase Ultimate Rewards site when you use your card. After you’ve earned your $300 yearly travel credit, you may start earning.
- Earn 10 points as rewards for every $1 spent dining with Chase.
- Earn 5 points as a reward for every $1 spent on flights booked via Chase. After spending the first $300 on trip purchases each year, you may start earning.
- Earn 3 points for every $1 spent on other travel and eating expenses. There is no limit, which is convenient if you’re a big spender.
- 1 point for every $1 spent on other purchases.
- Points redeemed for Ultimate Rewards travel are worth 50% more, equating to a 4.5 percent effective rate of return on traveling and dining.
Interest Rate and Recommended Credit:
It is unique and stands out as one of the greatest premium travel cards available, with features like an annual $300 travel credit and extra benefits that can transfer at a 1:1 ratio to several other loyalty programs. It’s also giving rewards for the food delivery service DoorDash and the ridesharing service Lyft for a short time, which might sweeten the bargain if you use those services. It also includes an interest rate of 16.99%-23.99% Variable APR.
It Appears That Good Credit Is Required: Chase, unlike many other credit card companies, does not establish a minimum credit score range for each card. However, the Chase Sapphire Reserve recommends good credit, defined as a credit score of at least 750.
Annual Fee:
The annual charge is hefty, but individuals that use the card frequently in bonus areas and take advantage of the incentives will earn their money’s worth and then some. The Chase Sapphire Reserve® annual fee rose to $550 on January 12, 2020. The card also received additional functionality at that time.
Click Here to Know More About Chase Sapphire Reserve®.
Chase Freedom® Student Credit Card: Best All Access Membership
Unique Feature:
They are building a credit history while in school is a difficult task. Student credit cards provide a crash course in credit management. Banks will first provide student credit cards with lesser limits and incentives, possibly upgrading to more lucrative credit card reward alternatives later.
The Chase Freedom Student credit card offers cash-back benefits without an annual fee, appealing to students. They don’t have to worry about keeping track of a bigger minimum spending requirement because they can obtain a $50 bonus after making their first purchase within the first three months of account setup.
Who is it Best For:
The Chase Freedom Student card is ideal for college students who seek a straightforward way to earn rewards without bothering to activate or track expenditure categories. You’ll get 1% cash back on every transaction you make, with no exceptions. Your rewards never expire, and you don’t have to redeem a certain amount to earn cash back.
They are building a credit history while in school is a difficult task. Student credit cards provide a crash course in credit management. Banks will first provide student credit cards with lesser limits and incentives, possibly upgrading to more lucrative credit card reward alternatives later.
Sign-up Bonus and Rewards:
- The Chase Freedom Student card comes with a little welcome bonus. After making their first transaction with the card in the first three months, new users can receive $50.
- While not the most appealing offer, this incentive might be a good way to receive some more cash without having to spend a lot of money.
- With the Chase Freedom Student credit card, students may receive an unlimited 1% cash back on all transactions. There are no bonus alternatives to remember, and there are no promotions to sign up for.
- In addition, new cards will get a $50 incentive after making their first purchase within the first three months after account setup.
- On your account anniversary, you’ll get a $20 “Good Standings Rewards” bonus for each year you keep your account open. You can get this incentive for up to five years.
- If you paid for that $1,298 in purchases with your Chase Freedom Student card, you’d receive $12.98 in rewards thanks to the 1% cash back rate.
Interest Rate and Recommended Credit:
If you want to finance massive purchases such as move-in expenses or textbooks, Discover is a good choice for Student Cash Back. It provides cardholders who are new a 0 percent into the APR on 6-month purchases, also a 10.99 percent into the APR on the 6-month balance transfer. Other than that, the ongoing 12.99%-21.99% Variable APR. It has a recommended credit score of 690.
Annual Fee:
Zero dollars to annual-fee the Discover it Student chrome provides same terms, also rewards a structure, tracked efficiently. The cashback earned is 2% at restaurants and gas stations on about 1,000 dollars, combined purchases every quarter. Every other purchase earns one percent back. There is no need for a FICO score qualification.
Click Here to Know More About Chase Freedom® Student.
Chase Freedom Flex℠: Best No Annual Free Card
Unique Feature:
The Chase Freedom FlexSM should be one of your first visits if you’re seeking a winning blend of year-round rewards and rotating cash back. The Freedom Flex is one of the finest cash back credit cards on the market, with no annual fee, good cardholder perks, a great mix of useful everyday bonus categories and specialized extras, and one of the most flexible cash back rewards programs available.
The Chase Freedom FlexSM has the muscle to manage almost all of your credit card expenditures without the hefty price tag. The card has no annual charges and gives you a boosted earnings structure that includes a wide range of costs such as travel, pharmacy purchases, and restaurant meals, as well as rotating quarterly bonus categories in areas that many families are likely to find intriguing.
Who is it Best For:
For individuals who wish to earn cash back or Ultimate Rewards points in a range of areas, the Chase Freedom Flex card might be a suitable choice. The one-time incentive provides even more value for a credit card with no annual charge.
When all of the ancillary advantages, such as cell phone protection and trip cancellation and interruption insurance, are factored in, this card stands out as one of the finest no-annual-fee credit card alternatives. Individuals who may not want to deal with changing reward areas or who don’t often spend money in the greater areas, on the other hand, may find that simpler cards are a good fit.
Sign-up Bonus and Rewards:
- The current sign-up bonus for the Chase Freedom Flex is $200 when you spend $500 in the first three months of card possession.
- This bonus has remained consistent since the card’s debut, and it’s pretty considerable given that the card has no annual charges and a low spending threshold.
- After all, a few competitor cards, for example, demand you to spend $750 or even $1,000 to qualify for a similar incentive.
- Even cardholders who prefer flat-rate cash back will love the Freedom Flex’s blend of steadiness and diversity.
- While most cash back cards get rewards at a fixed rate on all purchases, in specified bonus spending categories, or in rotating bonus areas, certain cash back cards earn rewards at a variable rate.
- The Freedom Flex combines different cash back types with a year-round enhanced rewards rate in some areas, and a quarterly boosted rewards rate in others.
- The unique aspect of Chase’s cash-back cards is that you don’t get cash back; instead, you get Chase Ultimate Rewards points.
Interest Rate and Recommended Credit:
Purchases and balance transfers get a 0% intro APR for 15 months from account establishment, after which a variable APR of 14.99 – 24.74 percent applies. In the first 60 days, a $5 or 3% of the value of each transfer, whichever is bigger, is charged; after that, either $5 or 5% of the amount of each transfer, whichever is greater, is charged.
Given that applicants need strong credit at a minimum, the Chase Freedom Flex credit score criterion is 700 or above for favorable acceptance probabilities. The Freedom Flex outperforms the competition with its strong no-annual-fee bundle. It’s a capable workhorse on its own, reaping good results in a wide range of areas.
Annual Fee:
The Chase Freedom Flex will force its way into your wallet if you’re trying to boost your point-earning potential and like the Chase Ultimate Rewards® system.
There are no annual charges with the Chase Freedom Flex. However, there is a 3% international transaction fee. Balance transfer costs of 3% or $5, whichever is higher, and cash advance fees of 5% or $10, whichever is more, are higher than those charged by certain competitors.
Click Here to Know More About Chase Freedom Flex℠.
Southwest Rapid Rewards® Premier Credit Card: Best Reduced Service fees
Unique Feature:
The center pack for Southwest private credit cards is Southwest Rapid Rewards Premier Credit Card. It may sound like a middle-of-the-road choice for those who prefer budget airlines; however, it has a value of Grand Cayan size. These facts beat all the other cards behind.
Who is it Best For:
This is an ideal option for all the regular Southwest flyers with everyone who wants to earn a Southwest Companion Pass.
The Premier is an excellent option for those who want an inexpensive annual fee than Priority’s 149 dollars, enjoying perks like the annual free foreign transaction fees. Moreover, get a 6,000-point card bonus for an anniversary and EarlyBird check-in.
Sign-up Bonus and Rewards:
- The cards recently updated the sign-up bonus; cardholders’ earnings can be bonus points of about 100,000.
- On spending 2,000 dollars and earn about 50,000 points on the purchases in the 3 months from account opening. While other 50,000 can be earned when you spend a total of about 12,000 dollars on the eligible purchases in the first twelve months.
- The new offer is superior to previous offers of forty thousand points after spending a thousand dollars in the first 3 months from the account.
- Though for being equal, the requirement for spending is increased, also for taking under consideration for earning excellent bonus points.
- Three points per dollar over Southwest purchases, two over Rapid Reward hotel and car partners for rent purchase, two more over phone services, cable, select streaming and internet, two points per point over commuting and local transit, and a point per dollar over other purchases
- There is an option to gift, transfer rewards to a person, and you can also give it as a donation to select charities.
Interest Rate and Recommended Credit:
Don’t you want to pursue companion pass, this option offers high-grade travel purchased through chase and hotel loyalty programs access. It offers an excellent avenue with an interest rate of 15.99% – 22.99% Variable. It also includes lost luggage insurance with existing purchases to offer the best-in-class services.
Here comes the credit score! This option comes with an effective credit score of 670 to help get approved with annual fee redeem rewards and hotel credit features. The low score is almost 607 to get maximum benefits.
Annual Fee:
You usually don’t expect an airline credit card to come with 99 dollars annual fee and loaded with perks. Well, some are worthy of getting mentioned on Premier Credit Card. The number 1 on the list is an anniversary bonus of 6,000 points you will receive when you renew the card every year.
However, annual fees aren’t waived on your first year; Rapid Reward Points 20 dollars TPG values 6,000, this means that anniversary bonus offset the entire fee from the 2nd year.
Click Here to Know More About Southwest Rapid Rewards® Premier.
Southwest Rapid Rewards® Plus Credit Card: Best Purchase Travel
Unique Feature:
These cards are not the flashiest of 3 co-branded chase credit cards, though it is not a black sheep. You will find it as the cheapest of three co-branded cards that the airline offer and satisfy all customers.
Despite all the things, the three cards offered by Southwest have the same sign-up bonus and APR that provide a valuable boost to earn the desirable Southwest Companion Pass. As the cards provide a very cheap annual fee to all Southwest cards, why will it not win out all the time?
Who is it Best For:
The airline offers the cheapest 3 co-branded credit cards for Southwest customers who don’t want to pay much for the card but are also ready to get less from it. After 69 dollars fee of your first year, the card price in consequent years is bearable, all thanks to 3,000 point anniversary bonus. Thus, this bonus is less than other Southwest cards bonuses, at least also provides high travel perks.
But the card is best suited for those who primarily don’t want to pay upfront for cards. Suppose you are not sure about exchanging points for a flight. Though, there are some States to which Southwest flies other than leading U.S. airlines.
Sign-up Bonus and Rewards:
You can make a bonus point of about 100,000. On purchases of 2,000 dollars, the bonus points are 50,000; the first 3 three months from account opening, you can earn more than 50,000 points on purchases of 12,000 dollars in the first 12 months. The offer is outstanding in value and stands relative to competing for the airline card offers. At the same time, 100,000 bonus points are worth 1,400 dollars based on 1.4 cents apiece approximate points.
- Two points on every dollar spent over commuting and local transit; this includes rideshare.
- 2 EarlyBird Check-In every year.
- 1 point spending a dollar on other purchases.
- 3,000-anniversary bonus points all latest cardmember year.
- 2 points on spending a dollar on cable, internet, select streaming, and phone services
- Two points every dollar spent car rental purchase partners and Rapid Rewards and Southwest purchases
Interest Rate and Recommended Credit:
The most obvious way to redeem points you earn with the card is for abroad southwest flights. You want to save depending on the charge, APR 15.99%-22.99% Variable. Southwest’s value varies upon various factors plus fare class, time, day, destination, and demand.
A better to an excellent credit score (a VantageScore of about 661 or higher than that or FICO score of 670 or higher) offers a superb approval odd when you apply for Southwest Rapid Rewards Plus. With an excellent credit score comes better chances.
Annual Fee:
An annual fee of 69 dollars is less for ongoing rewards for a bonus, an excellent sign-up bonus, and airline cards over airline purchases. Southwest Rapid Rewards Premier Credit Card costs an annual fee of 99 dollars, whereas Southwest Rapid Rewards Priority Credit Card is 149 dollars every year.
Click Here to Know More About Southwest Rapid Rewards® Plus.
Southwest Rapid Rewards® Priority Credit Card: Best To earn 2X Points
Unique Feature:
It is the most costly of Southwest Airlines’ client credit cards. However, the annual fee is higher, and you don’t get good rewards or more significant sign-up bonuses. As an alternative, it can unlock potential valuable benefits and make it an excellent card for travelers.
It is also one of the best premium personal credit cards in the lineup of Southwest. They also provide hundreds of dollars value with the Southwest every year. It also provides a higher bonus for an all-time of about 100,000 points after you meet the tiered using requirements.
Who is it Best For:
Southwest Airlines Rapid Rewards Priority aims at customers dedicated to the branded airline like other airline cards. For flying with the airline regularly, the customer will get much more from card benefits like improved boarding for securing excellent seats of the airline that are not assigned.
The rewards are also best suited to help you look for a lovely card to take abroad. The card doesn’t cost a foreign-transaction fee that can be helpful for the user to purchase on land when you fly to some selected foreign destination that the Southwest serves in Central America, the Caribbean, and Mexico.
Sign-up Bonus and Rewards:
Sign-up bonus: Earn up to 100,000 bonus points. Earn 50,000 bonus points after spending $2,000 on purchases in the first 3 months your account is open, plus 50,000 more bonus points after spending $12,000 total on purchases in the first 12 months.
- By the approximates, Wanna Get Away charges get a great value out of the points. However, rewards flights get good point values.
- Points don’t expire along without limitations over reward seats and blackout dates. In addition, the rewards come in handy for booking any one of the 3 Southwest cards.
- 1 point on a dollar to spend on other purchases
- Various factors determine how many points, needed for booking an award flight, including travel dates, fare class, destination, point redemption rate, time, demand, and much more.
- 2 points over dollar spending cable, select streaming, interest, and cable.
- 3 points over dollar spending on top of Southwest purchases
- 1 large plus to Priority card is a large variety of redemption options to make it simple to get value out of points.
- 2 points over dollar spending Rapid Rewards hotel and car rental purchase partners.
- 2 points over dollar spending over commuting and local transit with rideshare.
Interest Rate and Recommended Credit:
You receive 75 dollars in a statement credit every year that you can apply to Southwest purchases; this includes pet carrier fees, day-of-travel purchases, and airfare. The excluded ones are upgraded boardings and in-flight purchases.
It includes a recommended credit score of 690-850. It enables you free same-day check-in standby for flying out when your flight’s scheduled, a points bonus of 25% is eligible when you purchase Southwest flights, and many more benefits. You can also complete the qualification if you earn 35,000 “tier-qualification points” in the calendar year.
Annual Fee:
The annual fee is $149. Southwest Priority Card is one of the most expensive high-earning consumer cards. It is a superb choice for those loyal to Southwest, also fly with the airline regularly. There aren’t any foreign transaction fees; therefore, you can purchase overseas without extra charges.
Click Here to Know More About Southwest Rapid Rewards® Priority.
What is Chase Financial Institution?
JPMorgan Chase Bank is currently doing business as Chase Bank or Chase, is a National American Bank established in New York City, Manhattan, includes commercial and consumer banking, and is subordinated with the United States multinational banking and the JPMorgan Chase.
Previously the bank was known as the Chase Manhattan Bank, but it changed after collaborating with the J.P. Morgan & Con in 2000. Chase Manhattan Bank was established by the Manhattan Company and Chase National Bank in 1955. In 2004 the bank integrated with the Bank One Corporation, and after some time, it acquired most of the assets and deposits of Washington Mutual.
Chase Bank is considered a full-service bank with around 16,000 ATMs and 4,900 branches. Its roots date back to the late 1700s in New York City, when it was manufactured to supply drinking water to the citizens. But just after five months, it opened a bank known as the Bank of Manhattan Company.
Chase Bank is suitable for people who:
- Want a wide range of lending, deposit, and investment options from a single financial services company.
- If you can maintain a minimum daily balance or complete the qualifying activities to eliminate fees
- Want to earn cashback or valuable rewards from their credit card purchases.
- The desire for a bank that can later grow with you and offer standard features as tour relationship develops.
Chase Bank provides an enlarged menu of services and accounts. Consumers have access to several savings accounts, checking accounts, credit cards, CDs, and many other lending products to satisfy their needs; Chase Bank offers an extensive range of credit cards to suit users’ goals.
Many choices include rewards, credit cards, and cashback for personal and local business customers. The rewards credit cards offer multiple co-branded options with different hotels, airlines, and other partners.
How to Apply for Chase Credit Cards?
Chase Cards has its perks and comes with various top-notch rewards and benefits. It is a must to check your card to confirm its benefits. The process for applying for a Chase credit card is rapid. You need to follow the following steps:
Click the apply option on the card’s page.
If you have a Chase account, the application process will be quicker if you first sign in. But if you do, then Chase will fill the parts out of the application with the information about you.
Enter all the information in the application form
If you want to pass the application process smoothly, then you should have the following information ready:
- Your personal information, such as name, Social Security number, date of birth, and your parent’s name, is required
- The contact information like your personal Mailing address, email address, and phone number
- The Financial information like your employment, whether you rent or own, annual gross income, and monthly rent or mortgage payment
- Check the box to accept the applicable terms and press “Submit.”
- Your application will be quickly processed.
What are the requirements for the Chase Credit Cards Application?
Chase does not provide a credit card product for poor or no-credit individuals. Although, numerous card issuers offer cards to get approved if you are tricky. Some specific requirements should be strictly followed for getting approved for a Chase credit card:
Good or Excellent Credit Score
The terminology can vary based on the credit bureau, but you will generally require a good to excellent credit score to get approved for a Chase credit card. One of the top credit bureaus, Experian, says that a score above 700 is considered good while a score of 800 or high is known to be excellent.
Sufficient Income
Chase verifies your sufficient income first to determine whether you can pay and analyze your credit card’s limit.
Social Security Number and Address
Chase requires a U.S social security number or EIN if you apply for business cards. You need a U.S address to qualify for a Chase Credit Card.
The 5/24 Rule
There is a limited amount of credit cards that you can issue within a specific time duration. Chase only allows you to issue only five credit cards, no more than that in a whole year. It won’t issue a new credit card if you have exceeded this strict guideline.
Chase Card Limits
If you have opened two or more two personal Chase cards or a single business Chase card in the last 30 days, then you are most likely to be denied.
How to Decide the Best Chase Credit Cards For you?
Firstly, when looking for an ideal Chase credit card, think about yourself and how you feel about yourself as a consumer and cardholder. Some Chase credit cards that might be a good fit for you include:
Versatile cash back
The Chase Freedom Unlimited card is a good option for earning 1.5% cashback on most of the daily purchases you make and even offers high rates in other different categories like dining, drugstore, and travel purchases via Chase Unlimited Rewards.
Travel rewards
Suppose you prefer travel rewards and are interested in the benefits to enrich your overall traveling experience. In that case, Chase offers you the Chase Sapphire Reserve and the Chase Sapphire Preferred card.
Bonus cash back categories
The Chase Freedom Flex is a great choice and improves the potential of the Freedom Unlimited card’s cashback with the additional perks of the rotating bonus categories. You can earn up to 5% cash back in these categories and around $1,500 in each quarter purchases.
Small business rewards
These credit cards are specifically designed for business use and do many things that a personal credit card does not offer. The Ink Business Preferred Credit Card is highly recommended for business travel rewards. On the other hand, the Ink Business Unlimited Credit Card is good for flat-rate cashback.
Chase Credit Card Pros and Cons
Let’s consider the pros and cons in detail!
FAQs
Is a Chase credit card suitable for beginners?
It is considered one of the best cashback credit cards because of its flexibility and attractive rewards, and an outstanding option for beginners. Beginners find this card appealing due to its high cashback earning rates and the capability to save money while traveling using Chase’s travel portal.
Which Chase credit card is best for beginners?
The Chase Sapphire Preferred Card is a well-known primary-level credit card, thanks to the benefits it offers, like the $60 in the Peloton statement credits and the 12-month membership pass of Door Dash. If you want to sign up for the Chase Sapphire Preferred credit card, then it is a great time right now.
It is providing 60,000 Chase Ultimate Reward points due to the welcome offer after you spend around $4,000 in the first three months. The 60,000 points are easily transferable to many different airlines and hotels like the United Airlines and the Hyatt Hotels for booking free travel and paying only fees and taxes.
Is Chase good for bad credit?
Generally, a credit score above 850 is considered a fair credit score. Chase does not have credit cards for people with bad credit, but you can apply for the Chase Slate card if you have a better or fair credit score.
There is no exact credit score that Chase needs to approve for a credit card, but the bank’s costly portfolio offers no credit cards to customers who have bad credits.