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The Chase Freedom Rise℠ is perfect for consumers looking for their first credit card. You don't need a credit score or credit history to qualify for it. It also has lots of important features to help you get started with credit cards, including no annual fee, free credit score tracking, and even cash back. Read our full Chase Freedom Rise℠ review to learn more about it.
Chase Freedom Rise℠
Good (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
26.99% Variable
Rewards With Chase Freedom Rise℠, you can start building credit while earning 1.5% cash back on all purchases. Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
1.5% cash back offer.
Annual Fee
$0
Welcome Offer Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account. With automatic payments, just pick a date and dollar amount to make sure your Credit Card gets paid on time.
$25 statement credit
This starter credit card is an excellent choice for building credit. It has all the tools you need to learn how to manage your credit and get a high credit score.
We recommend comparing options to ensure the card you're selecting is the best fit for you. To make your search easier, here's a short list of standout credit cards.
Offer | Our Rating | Welcome Offer | Rewards Program | APR | Learn More |
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Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
20,000 ThankYou® Points Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back. | Up to 2% cash back 2% cash back: 1% when you buy plus 1% as you pay |
Intro: N/A Purchases: N/A Balance Transfers: 0%, 18 months Regular: 19.24% - 29.24% (Variable) |
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Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Discover will match all the cash back you've earned at the end of your first year. N/A | 1% - 5% Cashback Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically. |
Intro: Purchases: 0%, 15 months Balance Transfers: 0%, 15 months Regular: 18.24% - 28.24% Variable APR |
||
Rating image, 5.00 out of 5 stars.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Up to $300 cash back Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases. | 1.5% - 5% cash back Enjoy 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases |
Intro: 0% Intro APR on Purchases and Balance Transfers for 15 months Purchases: 0% Intro APR on Purchases, 15 months Balance Transfers: 0% Intro APR on Balance Transfers, 15 months Regular: 20.49% - 29.24% Variable |
Apply Now for Chase Freedom Unlimited®
On Chase's Secure Website. |
This credit card is a good fit for: Consumers who don't have their own credit card yet and are ready to start building their credit history.
Even though it has no annual fee, the Chase Freedom Rise℠ isn't light on features.
The main draw of this Chase credit card is that you don't need a credit history to get it. One of the hardest parts of building credit is getting approved for a credit card. Fortunately, there are starter credit cards like this one available.
You can increase your chances of getting approved by having a Chase checking account with a balance of at least $250. This doesn't guarantee approval, but it helps.
The Chase Freedom Rise℠ earns 1.5% cash back on purchases. There are several ways to redeem your cash back, including as a statement credit on your credit card bill or a direct deposit to a bank account. Your cash back also never expires. While there are cash back credit cards with higher rates, 1.5% back is excellent for a starter credit card.
You earn a $25 statement credit statement credit after signing up for automatic payments within the first three months of opening your credit card. It's not a huge statement credit, but it's easy to earn. It also encourages you to set up automatic payments. That's a good way to ensure your credit card bill is paid on time and avoid late payments, which result in fees and can damage your credit score.
Many Chase credit cards have partner benefits, and this one is no exception. It offers:
You can check your credit score through Chase Credit Journey. This isn't exclusive to Chase cardholders, as anyone can sign up and use it. Still, it has several useful features, especially for those who are new to credit. Features include:
Chase evaluates you for a credit limit increase in as soon as six months. A higher credit limit is useful because it gives you more spending power. It can also help your credit score by keeping your credit utilization ratio lower. Keep in mind that no matter how high your credit limit is, the best way to use a credit card is to only spend what you can afford to pay back in full.
The Chase Freedom Rise℠ offers the following complimentary protections on eligible purchases:
There are a couple of areas where this starter credit card from Chase falls a bit short.
Although this card is wonderful for building credit, it's not designed for rebuilding credit. If you have negative items on your credit file, such as late payments or a bankruptcy, this isn't the card for you. Try credit cards for bad credit, instead, as those have the most lenient qualification requirements.
It's nice that the Chase Freedom Rise℠ Credit Card has a $25 statement credit statement credit offer for setting up autopay. However, there are other credit cards with bigger sign-up bonuses, including student cards that also don't require a credit history to open. If you're interested in bonus opportunities, consider exploring more credit card reviews to see what's out there.
The Chase Freedom Rise℠ doesn't have a minimum credit score requirement. You can potentially qualify for it even if you don't have a credit score. If you want to increase your chances of getting approved, you can do so by having a Chase checking account with a balance of at least $250.
You're looking for your first credit card. If you need to build credit for the first time, the Chase Freedom Rise℠ is one of the top credit cards for beginners. You won't need to pay an annual fee for it, you'll earn cash back on your spending, and you'll get some useful extras, too.
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
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