Chase Freedom Credit Card: Spend $500 in 1st 3-Months & Earn $200 CashBack

[missalaire]

Chase offers $200 Cashback with New Chase Freedom Credit Card Approval after you Spend $500 in First 3-Months. Offer ends 6/24/15.

https://creditcards.chase.com/a1/freedom/apply200/?CELL=6H8X&AFFID=lw9MynSeamY-hNBdO_hrnP.yo_2OW7eD_Q&pvid=16cfd352eba24f0ba96399b43b5943e5&jp_cmp=cc/383898/aff/3-10002469/na

You may earn a $25 Bonus after you add your first authorized user and make a purchase within 3-months from account opening. Earn 5% back up to $1,500 on Bed, Bath, & Beyond, H&M, and Overstock.com purchases through June.

Named a Best Card for Cash Back by MONEY® Magazine
Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period
0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99-22.99%
5% Cash Back on up to $1,500 in combined purchases between 4/1/15-6/30/15 at Restaurants, Bed Bath & Beyond®, H&M®, and Overstock.com®.
You’ll enjoy new 5% categories every 3 months like Gas stations, Restaurants and Amazon.com. It’s free and easy to activate your bonus each quarter!
Unlimited 1% Cash Back on all other purchases
No annual fee and rewards never expire as long as your account is open

[CPTBadAss]

Ugh do I get this or the Chase Double Cash Card? Being a grown up is no fun. All these silly decisions to make.

[intelli78]

I always see these kinds of offers on Slickdeals, but I've always assumed that whatever damage it does to my credit score is not worth the $200. What do you guys think?

[SpAmRaY]

I think credit scores are overrated.

[CPTBadAss]

I know tons of people who cycle through credit cards to take advantage of these offers. Doesn't seem to hurt their credit scores.

[missalaire]

Ugh do I get this or the Chase Double Cash Card? Being a grown up is no fun. All these silly decisions to make.

Benefits of the Double Cash Card?

I always see these kinds of offers on Slickdeals, but I've always assumed that whatever damage it does to my credit score is not worth the $200. What do you guys think?

I stay within 2 hard pulls every 2 years. A hard pull lasts for 2 years on your credit history.

[Vanilla]

I'm planning to get this card right before I build up my DDR4 rig. That $200 is as good as mine a couple times over. 

[missalaire]

@CPTBadAss: http://thepointsguy.com/2014/08/citi-double-cash-a-new-cashback-credit-card-option/

I feel like the Chase Freedom with the current $200 promotion, 1% cash back, and 5% rotating quarterly categories would probably be better right now.

[jerue]

I'm working on the Chase Sapphire Preferred 40,000 free miles deal they have going on...if it weren't for that, I'd be all over this...

...and never use the card again after earning the $200 credit. Such is the credit card life. 

I'm also not much for cash back cards, but this one would truly be a great find!

[CPTBadAss]

@CPTBadAss: http://thepointsguy.com/2014/08/citi-double-cash-a-new-cashback-credit-card-option/

I feel like the Chase Freedom with the current $200 promotion, 1% cash back, and 5% rotating quarterly categories would probably be better right now.

I don't really shop on Amazon so that 5% at the end of the year would be moot. But I guess for the rest of the year, it would work.

[Computer-Lab in Basement]

I think credit scores are overrated.

qft

[missalaire]

By the way, if anyone does decide get in on this offer let me know

[Vanilla]

By the way, if anyone does decide get in on this offer let me know

You work as a personal banker @ Chase?