Have you received an invitation to apply for a Chase Freedom® card? Whether or not you have been an existing customer of the Chase bank, you should not be surprised why you suddenly received a letter or an email from Chase. Bank and card issuers normally send out these kinds of invitations to potential cardholders. It is to note that the invitation is almost always a promotion. Therefore, it frequently does not equate to you being approved for the credit card offered.
Responding to the Invitation
Once you have received the Chase Freedom® invitation, you have two options here. You can either ignore the letter or you can apply for the card. Remember that when you received the letter, it does not affect your score. No matter how many messages you receive, your score is definitely not affected. On the contrary, once you respond to the invitation by filling out the form and submitting it to Chase, the mentioned bank will perform a standard inquiry on your credit report, which can remain in your file for a specific period of time. You can protect your credit score by keeping all your applications to a minimum. The recommended number is typically from 2 to 3 applications every six months at the most.
It is required by law that the invitation should contain the following pieces of information:
- Annual percentage rate or APR
- Applicable variable APRs
- Grace period
- Annual fees and other fees, including balance transfer, cash advance, and late payment charge
- Method of computing the balances for the finance charge
Make sure that you observe the aforesaid elements to determine if the Chase Freedom is for you.
Should You Apply for the Chase Freedom ® Card?
Chase has been known for being an excellent card issuer in the United States. They offer a wide variety of plastics for people of almost every kind of credit standing. When it comes to the Chase Freedom ® card, this is a great option for those who are looking for a cash back rewards card. If you are still hesitant about the card, here are a few areas to look into:
- High cash back offer – Unlike other cards that offer only 1% cash back on purchases made throughout the year, the Chase Freedom is an exception. It comes with a higher cash back rate on different categories, which you can sign up for every quarter.
- No annual fee – Most cards that come with rewards charge an annual fee. Chase Freedom, on the other hand, does not – ever.
- No inactivity fee – You can choose whether you want to use your card or not. It does not matter, because this card will simply remain fee-free at all times.
- Flexibility – Points can be redeemed not just for cash back but for other types of rewards as well. You can use your Chase Freedom card for travel, free merchandise, and even live entertainment.
If you have been invited to apply for a Chase Freedom® card, you may not want to pass up on the opportunity. There are plenty of benefits that you can gain with the card once you get approved.
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Do i still have and accout with you all. If so please send me a card to the current address:
PSC 3 BOX 3116
APO AP, 96266-0032
i am inqiuring about balance transfer, i would like to pay off another card i have with your card is that possible/ what is my limit for balance transfer?
I would like my wife have a second card user, invitation # 3867 1462 3520 Offer code: HYR