How many types of Chase credit cards are there?

This question is about Chase Credit Card

Paul Kessler, CFP

@bikercarder09/02/18

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There are different types of Chase credit cards for travel rewards and cash back. There are also different Chase cards for consumers and small business owners. Some Chase credit cards charge annual fees while others don’t, and those often have 0% APRs too. Still other Chase cards are affiliated with airlines and hotels. So there are lots of ways to look at it.

You could say there are three types of Chase cards: personal, business and co-branded. The Amazon, British Airways and Marriott credit cards are examples of Chase co-branded cards. Or, you could make the case that there are just two types of Chase credit cards: those for people with good or excellent credit, and those for excellent credit only. However, there are no types of Chase credit cards available for students or people with lower credit scores.

Main types of Chase credit cards:

0% APR: Slate, Freedom, Freedom Unlimited, and certain Ink business cards.
Travel Rewards: Sapphire Preferred, Sapphire Reserve, and co-branded airline and hotel cards.
Cash Rewards: Freedom, Freedom Unlimited, Amazon Rewards Visa and more.
No Annual Fee: Freedom, Freedom Unlimited, Slate, Ink Cash and several more Chase cards come with a $0 annual fee.
Business: Ink Cash, Ink Preferred and Ink Unlimited.

All Chase cards except for IHG Rewards Club Premier card (Mastercard) are on the Visa network. Other than that, the most popular types of Chase credit cards are rewards, travel, and no foreign transaction fee. Several cards fit into more than one category. One example is Chase Sapphire Preferred. It falls under six different groups. They include Visa, travel and no foreign transaction fee.

Although Chase may seem to have credit cards for just about every need, there are none for building credit. So people with bad, limited, or fair credit might need to look elsewhere. Fortunately, Chase lets you check for pre-approval. There’s no guarantee you’ll be approved if you’re pre-approved, but the odds are in your favor.

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JOSEPH BULEBUSH, Econ Major

@joeybule04/12/19

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There are two types of credit cards: ones worth applying for and ones you ignore. Most of Chase’s are worth applying for…under the right circumstances.

You just have to pick the right one for you. Like, if you don’t travel a lot, you’ll want Freedom or Freedom Unlimited, not Sapphire Preferred or Reserve.

People also ask

How many Chase cards can you have?

By all accounts, you will not be able to obtain a Chase-branded credit card if you’ve opened five or more credit card accounts — from any issuer — in the past 24 months, including co-branded cards such as those affiliated with airlines or hotel chains. In fact, Chase is credited with not only popularizing this so-called 5/24 rule, but actually creating it. So while you might not see this policy spelled out in a Chase card’s terms, as Chase has posted and subsequently removed such language in the past, it would be unwise to gamble on it not being in effect.… read full answer

While this unofficial policy might at first be frustrating, it’s important to recognize that it could ultimately be to your benefit. Too many credit card applications within a short period can damage your credit standing enough to cause rejection even without an account limit in place. It simply signals a desperation for credit that issuers’ underwriting algorithms equate with greater risk.

Besides, even if you’re employing the Island Approach, five cards is plenty. You could, for example, get the best cash-back credit card on the market as well as the best travel rewards card, the best balance-transfer card and the best new-purchase financing card, and still have room for your favorite retailer’s store card. You can learn more about how to identify your ideal number of credit cards in this guide, and you can check your credit score for free to better target your applications.

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Does Chase Have a Student Credit Card?

Yes, there is a Chase student credit card available to new applicants right now: the new Chase Freedom Student Card. It has no annual fee, a $50 initial bonus after your first purchase, an annual $20 good standing bonus for the first five years, and a below-average APR. The Chase Freedom Student Credit Card can also help responsible new cardholders build credit history, with monthly reporting to the major credit bureaus. … read full answer

It’s just unclear exactly who is eligible for approval. Most student-branded credit cards are available to applicants with limited or no credit history. But it’s not unheard of for a student card to require good credit or better, and Chase has recommended that students apply for a good-credit credit card before. Prior to the new Chase student credit card hitting the market this summer, Chase.com suggested that students apply for the Chase Freedom Unlimited Card.

That being said, it’s best to compare credit card offers from multiple banks and credit unions to make sure you’re getting a good deal. Chase’s student credit card is only one offer among many, and some issuers actually have more than one student card to choose from. Besides, you can apply for most other student credit cards online, but not the new Chase offer. You need to apply in person at a branch.

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What's the easiest unsecured credit card to get approved for?

The Fingerhut Credit Account is the easiest unsecured card to get. But it won’t suit everyone’s needs. Fingerhut is an online marketplace, and its card can only be used to make purchases on the site. So while it will give you an unsecured line of credit, it won’t really help you cover emergency expenses.… read full answer

If you’re looking for a card that can be used for anything, the Credit One Bank® Platinum Visa® for Rebuilding Credit is your best bet. You can get approved for it with bad credit. It offers a $300 starting spending limit. And you can use it wherever Visa is accepted.

Those aren’t your only options, though. WalletHub’s editors compared all of the unsecured credit cards in our database of 1,000+ offers. And we selected our favorite easy-to-get offers.

Here are the easiest unsecured credit cards to get:

Overall: Fingerhut Credit Account

Rewards: Credit One Bank® Platinum Visa® for Rebuilding Credit

Small Business: Capital One® Spark® Classic for Business

Limited Credit: Petal® Visa® Credit Card

Students: Deserve® EDU Mastercard for Students

The easiest unsecured credit cards to get generally work best for minor emergencies. You will only receive a small amount of spending power, after all.

Unsecured credit cards for people with bad credit also tend to be very expensive, charging lots of fees and high interest rates. So if you don’t need a small emergency loan, the best course of action is to improve your credit inexpensively with a secured card. Secured cards are cheaper than unsecured cards, build credit just as effectively, and offer the closest thing you’ll find to guaranteed approval.

To learn more, check out WalletHub's complete list of the year’s easiest credit cards to get approved for.

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