Browse the Best Chase Credit Cards

 

 

Chase Bank Credit Cards

Chase is one of the most popular credit card issuers in the United States. The bank currently has over 83 million credit cardholders in the United States, second only to Citibank. Chase offers over 30 credit cards, which feature either the Chase name or those of their partners (like the AARP Card).

How Many Chase Cards Can I Have?

Chase credit cards are among the most popular cards on the market. This is especially true for Chase branded cards, such as the Chase Sapphire Reserve®, the Sapphire Preferred®, the Chase Freedom®, and Chase Ink for Business.

Like other issuers, however, Chase has restrictions on how many credit cards an individual can open during a period. This is known as the Chase “5/24” rule. Fortunately, there is no set limit on the total number of credit cards a Chase customer can have.

Chase 5/24 Rule

The Chase 5/24 rule is one of the better-known credit card rules. That doesn’t mean, however, that it’s famous. In fact, many credit card application regulations are relatively unknown to the broader public.

What does the 5/24 rule mean? Simply put, Chase will deny a credit card application from anyone that opened more than five credit cards within the previous 24 months. The limits of five cards do not only apply to Chase credit cards. Instead, it refers to any credit cards opened within the last two years.

Fortunately, business cards opened through most banks or credit card issuers are excluded from the 5/4 rule. Also excluded are personal loans, auto loans, student loans, and mortgages. If a person applies for a credit card and is denied, that application also doesn’t apply towards the limit of five.

The following types of accounts apply towards the 5/24 rule:

• Any personal credit card from a bank – even if the account is currently closed
• Any individual charge cards, including those from American Express
• All cards in which the applicant is an authorized user
• Many stores or retail credit cards.
• All business credit card accounts the individual opens with Capital One, Discover, or TD Bank.

What to Look for in a Chase Credit Card

When applying for Chase card, what should you keep an eye on when applying?

• Rewards
• Annual fee
• No foreign transaction fees
• Co-branded vs. Chase-branded
• Credit score required

Chase Ultimate Rewards Program Guide

Chase Ultimate Rewards is the loyalty program for those who have individual Chase credit cards. Cards that apply for Ultimate Rewards include:

• Chase Sapphire Reserve®
• Sapphire Preferred® Card
• Chase Freedom® Card
• Chase Freedom® Unlimited Card
• Ink Business Preferred® Card
• In Business Cash® Card
• Ink Business Unlimited® Card

How to Earn Chase Ultimate Rewards Points

Chase Ultimate Rewards points are earnable for qualifying purchases, with select categories earning even more points. Cardholders also earn points through lucrative signup bonuses. Like American Express, Chase is known for offering substantial introductory bonuses, sometimes worth over $750 in value. This is especially true for their signature credit cards, such as the Chase Sapphire Reserve® – one of the most exceptional rewards credit cards on the market today.

Other options for earning Ultimate Rewards points include referral bonuses for recommending Chase cards for family and friends, getting extra points through select offers, or taking advantage of limited-time opportunities. Cardholders can also transfer points from other loyalty programs, such as airlines and hotels.

How Much Are Chase Ultimate Rewards Points Worth?

Chase Ultimate Rewards are among the most valuable reward points in the credit card loyalty space. The precise value of Ultimate Rewards points varies depending on the method of redemption. Still, the best value (travel) provides a whopping two cents per point of value. This valuation places Chase points on par with AMEX Membership Rewards points, and significantly ahead of points from other credit card issuers.

How to Redeem Chase Ultimate Rewards

Chase Ultimate Rewards points apply to a wide array of redemption options. Those redemption options are like what is found with other programs, including:

• Travel
• Shopping
• Statement credits
• Donations
• Gift Cards
• Points transfers with select partners

Using points when purchasing merchandise through the Chase portal, or for statement credits provides the worst value for money. These options offer a value below one cent per point, making it an opportunity to avoid in many instances.

Booking travel through the Ultimate Rewards portal is the best option for using rewards. This option provides exceptional value – on par with American Express Membership Rewards. The best value with the Chase Ultimate Rewards portal, however, requires a Sapphire Card.

Both Sapphires – the Reserve® and the Preferred® – offer additional value when redeeming Chase points. The Sapphire Preferred® provides an extra 25% value, while the Sapphire Reserve® provides an even more impressive 50% redemption increase.

Chase Travel Partners

Chase is one of the most valuable point currencies in rewards. This value is down to the transferability of points to partners. Chase currently offers 1:1 point transfers with 13 brands: nine major airlines and four leading hotel brands. These partners are:

• Air France
• Aer Lingus
• British Airways
• Iberia
• JetBlue
• KLM
• Singapore Airlines
• Southwest
• United
• IHG
• Marriott Bonvoy
• Ritz-Carlton
• World of Hyatt

This transferability is Chase Ultimate Rewards’ most significant asset. This is especially true for domestic travelers since the 1:1 transfer works with JetBlue, Southwest, and United Airlines. Booking with United, for instance, can get two roundtrip domestic flights for just 50,000 points. Even better, there are no blackout dates with Chase Ultimate Rewards.

The Best Chase Credit Cards of 2020

Wondering what the best Chase credit cards of 2020 are? That depends on what you are looking for. Chase designs credit cards with every need in mind. This includes co-branded credit cards with a huge assortment of airlines, hotels, and brands.

Among the most popular Chase cards in this area are:

• Amazon Prime Rewards Chase Card
• United Explorer Card
• United Club Card
• British Airways Visa Signature ® Card
• Southwest Rapid Rewards Plus Credit Card
• Marriott Bonvoy Boundless Credit Card
• Disney® Premier® Visa Card

Chase also offers an excellent array of cards under the Chase name. These include the impressive Chase Sapphire Reserve®, Sapphire Preferred®, and the Chase Freedom® Unlimited. There’s even a Chase student credit card – the Chase Freedom for Students. The Chase Freedom earns 5% cash cash back on select categories (the Chase 5% calender – more on that later), making it now of the very best cashback credit cards on the market today.

The Sapphire Preferred earns impressive travel rewards and points after you spend on travel and dining purchases. It also provides a variable signup bonus once your account is open and you spend $500 on purchases within three months from account opening.

Other Chase products include the Ink Business Cash, the Sapphire Reserve, and the Slate, which features 0% APR for 15 months from account opening.

FAQs About Chase Bank 

Here are answers to commonly asked questions about Chase Bank, Chase credit cards, and more:

What is the phone number for the Chase reconsideration line?

If you were denied for a Chase credit card but think you deserve it, give their reconsideration line a try. Call 1-800-945-2006 to talk with a Chase credit card expert and state your case.

Can I use Chase Pay at the Apple Store?

No. While Chase Pay seamlessly integrates with other systems, such as Apple Pay or Google Pay, it does not work alone at Apple. For a list of Chase Pay merchants, check out the Chase site.

How do I active a Chase credit card?

To activate a  new Chase credit or debit card over the phone, call Chase customer service at 1-800-432-3117. Enter the last four digits of your new card number and follow the instructions when prompted.

What are the Chase Freedom card 5% cash back categories for 2020?

The current Chase Freedom 5% categories for 2020 are:

• January – March: Gas stations, internet, cable, and phone services, and select streaming services.
• April – June: Grocery stores, fitness clubs and gym memberships, and select streaming services
• July – September: Amazon.com and Whole Foods Market
• October – December: TBD

Is there a Chase secured credit card?

No. Currently, Chase does not feature a secured credit card. Chase credit cards are mostly geared towards those with a good credit score or higher.

Find the Best Chase Card for You

Finding your perfect credit card isn’t easy. That’s where the team at BestCards comes in. We’ve compiled over 800 credit card reviews to date, covering issuers large and small.

We offer impartial and insightful analysis to help you find exactly what you’re looking for. Browse our reviews. Read our credit card news and advice, and find your best card today.