Chase Freedom Rise℠ Credit Card Now Available, Offering Cash Back to Those Building Credit Chase Freedom Rise℠ Credit Card Now Available, Offering Cash Back to Those Building Credit

Chase Freedom Rise℠ Credit Card Now Available, Offering Cash Back to Those Building Credit

Earn Bonus Points

AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.

Chase just expanded its portfolio of Freedom cards, launching the Chase Freedom Rise℠ starting today, June 12, 2023. Different from other cards in the Freedom family, Chase gears this card toward those who are new to credit. That could include students or immigrants to the U.S. — both of whom are looking to build credit for the future.

Unlike applications for other Freedom cards — which can be completed online — you'll need to apply for the Freedom Rise in person at a Chase bank. Additionally, Chase provided tips on helping your approval odds for this credit card, given that applicants may lack credit history or a good credit score — aspects typically needed to get approved for a credit card.

Here's what you should know about the new Chase Freedom Rise℠.

Details of the Chase Freedom Rise℠

The Freedom Rise is geared toward those establishing credit. The card is “built so that customers can improve their chances of getting approved by simply having or opening a Chase checking account,” according to Brent Reinhard, General Manager of Chase Freedom. “We’re also giving them the opportunity to begin building their financial credit while also benefiting from cashbacking on everything they buy.”

Freedom Rise cardholders earn 1.5% cash back on every purchase and will pay $0 annual fee. Plus, there are no minimum redemption amounts for using your cash-back earnings.

Applications are not available online. Instead, you'll need to apply in a Chase branch. Chase also states that you can improve your approval odds by opening a Chase checking account (with at least a $250 balance) within two days of applying for the Freedom Rise. However, there's no mandatory minimum balance in this checking account going forward.

Other Freedom Rise benefits include:

  • $25 bonus for enrolling in autopay within three months of account opening
  • Access to Chase Credit Journey, which you can use to track your credit and credit score
  • Access to educational materials about building credit
  • 24/7 fraud monitoring services

Since you need to apply in a Chase bank, you can use this time to talk to the banker to ask questions about credit or obtain additional information about building credit. Full details about Freedom Rise are available here.

Our Take

Securing credit can be difficult. The conundrum is that you typically need credit history/a good credit score to open a credit card…which you need to help you build credit. The Freedom Rise is geared toward those who are new to credit, and Chase says your approval odds are higher if you have a checking account with the bank. That's not uncommon across banks, and Chase has a wide range of different checking account types. Keep in mind that some Chase accounts charge fees. However, qualifying activities can help you avoid monthly fees.

There exists a lot of complex, conflicting information about credit cards, credit scores, and how the two impact each other. If you're new to credit, check out the below articles to help you on your way:

Also, remember that you can access a free copy of your credit report at

5 / 5 - (5 votes)
AwardWallet Tip of The Day
Did you know that you have a personal referral link in your AwardWallet profile? If you invite people to AwardWallet using your referral link, you will receive an AwardWallet upgrade coupon for every five members you invite. Also, if these users upgrade to AwardWallet Plus, we will credit your AwardWallet account with AwardWallet Bonus points, which can be redeemed for points and miles in your program of choice. We spend roughly 50% of the revenue we receive from those referrals to purchase those miles for you. All of this can be tracked via the Invite to AwardWallet widget in the left navigation bar on your Accounts page.
Show me how

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *