Chase Freedom's benefits include a $200 bonus for spending $500 in the first 3 months and a $0 annual fee. There’s also an introductory APR of 0% for 15 months on purchases. Plus, the Freedom card offers 5% cash back on up to $1,500 in combined purchases in quarterly bonus spending categories. All other purchases get 1% cash back, except for the first $12,000 spent on groceries the first year, which yields 5% cash back.
But Chase Freedom benefits aren’t all about rewards and financing. There are plenty of other perks too, depending on which version of the Freedom card you have. For example, both the standard Visa Platinum and Visa Signature versions of the card offer rental car insurance. It covers you against damage and theft. There’s a roadside assistance benefit available to all Chase Freedom cardholders too. It provides towing, tire changes, fuel delivery, and lockout service for $59.95 per service call.
Both versions of the Freedom card come with purchase benefits too. There’s an extended warranty, which adds 1 year to your purchased item’s existing warranty. There’s also purchase protection. This benefit reimburses you up to $500 ($50,000 per account) for broken, lost or stolen items that you paid for with your Freedom card. All of these benefits come free with both versions of the card.
The Visa Signature version of the Freedom card adds coverage for travel-related accidents up to $250,000. It also gets you $5,000 per trip in trip cancellation/interruption insurance, along with a lost luggage benefit that pays up to $3,000 for lost or damaged bags.
Unfortunately, Chase Freedom may no longer be available to new applicants. But most these benefits also apply to the Chase Freedom Unlimited card. The only difference is the rewards.