Chase Exclusives

[ehendu13]

I just applied today for Chase Exclusives rewards card. Is anyone else familiar with this card?

My wife and I never carry a balance on our CCs, so we thought it would be a good idea to get some cash back. We went to Chase and the banker helped us apply for the card. Apparently, we receive 3% back for our top 6 spending categories and 1% back on everything else.

Does anyone have any experience with this card? Good? Bad?

Thanks!

[noppenbd]

Sounds like the Chase Freedom card. We use the Freedom and have liked it so far. The only catch is there is a $12 limit per month on the bonus 2% for the top 3 spending categories. Maybe the Exclusives doesn't have it?

[buzz]

Here is my understanding of Chase's terms.

The Exclusives program is for cardholders who also have a Chase Checking account. There are various benefits, one of which raises the Freedom card to 5 top categories, rather than the normal 3.

The Freedom Signature card adds benefits such as Concierge service, no preset spending limit, enhanced insurance, etc. It does not report a credit limit, so your FICO may be affected.

The Freedom Plus card is a Signature card that pays the bonus 2% on 6 categories, rather than 3. It also features a $30 annual fee.

It would have been better to do your homework before you applied, but if you suffer remorse, you may be able to convert it to a different type of card.

ETA:
The Freedom is my go-to card. I have nothing but good to report so far. If you run up against the bonus limit, you may hold multiple Freedom cards.

[buzz]

Found out today there is no limit to triple rewards on the Plus card.

[mindwozzle]

I use the Freedom card for everything except gas (I have a BP card that gives 5% back on all BP purchases). Shopping online through their Rewards Plus program also gives extra cash back from many vendors. My only problem is that I buy my groceries at Meijer, which apparently doesn't qualify as one of their categories for bonus rewards.