Freedom Credit Card
Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and unlimited 1% cash back on all other purchases.
Freedom Credit Card is a Cash Back Credit Cards.
Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and unlimited 1% cash back on all other purchases.
Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and unlimited 1% cash back on all other purchases.
Freedom Credit Card | |
Sing-Up Bonus | No |
Annual fee | N/A |
Benefits | |
As the name implies, cash back credit cards reward your expenses with cash. The cash back amount you get is set to the percentage rate. How much money you can get, or you can have is unlimited. Cash back can be redeemed for your balance, credit card shopping portal, gift card or statement deposited in a bank account.
Cash back credit cards do not provide points and other credit card rewards, but instead, calculate the total value of monthly expenses and then return some of them in cash.
Many cash back credit cards offer a unique sign-up bonus. This is very valuable for people who want to buy big-ticket items.
Some credit cards have limitations about how you can get rewards points and redeem the points you earn. But cash back credit cards are more flexible.
Most cash back credit cards require a minimum of very good credits. So cash back credit cards are suitable for people with high credit scores. Don’t feel discouraged if you don’t get approved a cash back credit card, you can try to apply for a rewards credit card instead.
You can apply for a store credit card online, in banks or by email depending on the card. And you just need to fill in your personal information and submit your application. The credit card issuer will consider your credit reports and several different factors when reviewing your application to get an idea of your creditworthiness.
This will give you an idea of how you can earn rewards, when rewards will post and other information.
Because cash back credit cards with few limitations such as no cash back limit usually have a lower cash back rate. Therefore, concentrate your spending on a single card, instead of spacing your shopping across multiple cards, will help you to increase the cash back rate and get more cash back.
Remember when your sign-up bonus will expire and make sure you can meet the minimum spending requirement to qualify for the bonus, otherwise you maybe miss a few hundreds of dollars.
Cash back credit cards return cardholders cash as rewards, but tend to have higher interest rates. If you carry a balance, your interest charge may be more than your rewards. Therefore, we recommend you to pay the bill in full on time in order to avoid paying high interest.
About three-quarters of Americans have at least one credit card,In fact, the average person has 3.4 cards. But whether you have a wallet full of plastic or have never charged a purchase in your life, you should know how to apply for a credit card the right way when the time comes. getting approved for a credit card requires proactive planning that should start long before you apply. That's why creditcardtw born, we aim to help you to find the right credit card, and then successfully apply a credit card.
Credit card applications are straightforward, but you'll need to meet some minimum financial requirements to get approved for the best credit card offers. Learn how to apply for a credit online and what to expect after you click submit.
We provide free but advertising supported comparsion service for different credit cards, the offers that appear on this site are from third party advertisers from which we receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not guarantee to offer all financial services companies or products on this website.
The credit score is a three-digit number relating to your credit worthiness. Banks or issuers use it to determine if they will approve you for a credit card. In creditcardtw, credit score ranges can be roughly equated to levels of credit, from limited credit to excellent credit.
Credit Score |
|
Excellent Credit |
750 — 850 |
Good Credit |
700 — 749 |
Fair Credit |
640 — 699 |
Bad Credit |
300 — 639 |
Limited Credit |
Less than 3 years of credit history |
Applying for a credit card designed for people in the score range above does not guarantee you will be approved. Many other factors will go into credit card approval decisions.