When it comes to understanding which credit cards are right for you, the choices can be nothing short of overwhelming. The truth is, there are so many credit cards out there that it’s easy to get lost in the shuffle. Even when you have the best of intentions and you’re one of the most organized people on the planet, it’s difficult to keep things straight when you’re trying to decide which credit cards you should apply for and which ones you would be better off leaving alone. It makes it even more complicated when you have all of the commercials that bombard you through virtually every form of media marketing, all with the intention of convincing you that their credit card is the best one out there.
When you know all of this information up front, how do you know which one really does work for you? The first thing you have to do is make sure that you tailor any credit cards that you decide to carry based on your personal circumstances. It simply doesn’t make sense to do it any other way. You need a card that works well for the types of purchases that you routinely make and you want one that is going to fit your needs when it comes to things like cash back rewards, annual percentage rates, and interest charges. It’s also important to look at penalties such as over-limit fees and late fees. When you compare all of these things, it gives you a better picture of the cards that you are considering.
One of the cards that you might be interested in is the Chase Freedom cash back credit card. In this review, you can learn what the card is really all about and why it might be a good fit for a wide variety of different circumstances. First and foremost, it’s important to note that credit limits and interest rates can vary widely with this particular card. A great deal of it depends on your credit rating. With that being said, don’t be discouraged if you don’t have the greatest credit rating in the world. You still might qualify for the card and it could still be worth getting, even if you have to pay a slightly higher interest rate.
As the name implies, the big advantage to having this card is its cash back advantages. You get 1.5 percent cash back on every purchase you make with the card and an additional 5 percent cash back every time you go to the grocery store or you use PayPal to purchase something. You can also use Chase Pay, something that is somewhat similar to PayPal, yet operated exclusively by Chase Bank. Penalties are similar to other cards in this category, so that shouldn’t be something that deters you under any circumstances.
There are also some very specific benefits to having this card. A lot of them aren’t necessarily things that you would typically consider as standard benefits with any credit card, which makes this one somewhat special. For example, when you use your credit card to make purchases, those purchases are frequently protected with extended warranties on certain products. In other words, if you purchase something such as a lawn mower with your credit card and then it breaks, you might have an easier time getting it replaced at no charge to you than you would have if you chose to pay for it through a different method. Of course, you’re never responsible for charges that you don’t make, either.
This card also offers other unique advantages such as roadside assistance if your car breaks down. In addition, there is even a feature that provides a waiver for collision damage to any car you rent using this credit card. By the same token, the card provides insurance for any trips that you booked with the card and are then forced to cancel, as well as reimbursement for lost luggage. You even get travel insurance that covers accidents when you book a trip with this card.
As you can see, there are a lot of reasons that you should seriously consider the Chase Freedom cash back credit card. It has all of the standard benefits that most credit cards have and then some. Many of the benefits that come with this one are not going to be found with any other credit card out there. In addition, the 5 percent cash back for buying groceries makes this card well worth considering, even if all the other benefits weren’t available. If you haven’t taken full advantage of the opportunity to apply for this credit card, you’re really doing yourself a disservice.