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Chase Freedom Rise
Karan Jakhar
The Rich Grad Student
Chase Freedom Rise
Secure Application
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Learn moreQuick Info
Points Program: Chase Ultimate Rewards
Spend Requirement: N/A
Why we opened it!
This is a great credit card for beginners. Before you apply, try to keep at least $250 in a Chase savings account.
Chase encourages good credit habits by offering small rewards, such as a $25 bonus for setting up automatic payments. You will earn 1.5% cash back on all purchases, which is an excellent starting rate for a first card.
You will probably begin with a low credit limit (often under $1,000), but with on-time payments and low utilization, you can be rewarded over time with higher limits and an upgrade to a Freedom card.
Most importantly, this card is your entry point into the Chase points ecosystem, which can unlock free and premium travel later. For now, focus on building credit and saving your points.
RGS Value Table
| Category | Cash Back | Value (2cpp)Base travel value | Max Value (7cpp)Optimized redemption |
|---|---|---|---|
| Signup Bonus | $25good | N/A | N/A |
| Annual Fee | $0 | N/A | N/A |
| Annual Credits | $0 | N/A | N/A |
| Net Annual Fee | $0great | N/A | N/A |
| Travel | 1.50%good | 3% | 10.50% |
| Grocery | 1.50%good | 3% | 10.50% |
| Gas | 1.50%good | 3% | 10.50% |
| Dining | 1.50%poor | 3% | 10.50% |
| Pharmacy | 1.50%good | 3% | 10.50% |
| Other Purchases | 1.50%rgs wallet | 3% | 10.50% |
| Lounge Benefits | Nonepoor | N/A | N/A |
| Partner Benefits | 2% on Lyftgood | N/A | N/A |
| Misc Benefits | Nonepoor | N/A | N/A |
Signup Bonus
Key MetricAnnual Fee
Annual Credits
Net Annual Fee
Key MetricTravel
Key MetricGrocery
Gas
Dining
Key MetricPharmacy
Other Purchases
Lounge Benefits
Partner Benefits
Misc Benefits
Table Key:
*Point valuations shown are example redemptions; actual values vary by route, dates, and availability. Results not typical or guaranteed.
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