Today marks the second installment of the weekly Saturday look at current credit card offers from major issuers. This series is designed to highlight the features and offers that you might be most interested in.
Today, we’ll be reviewing current Chase Bank credit card offers, including several which feature Chase Blueprint, which was ranked as the Most Innovative New Program of 2009 by CardRatings.com (see below for a description of Chase Blueprint).
Chase Sapphire® Card
Chase Sapphire Card is a no annual fee rewards credit card which has a limited time offer 10,000 bonus points after you spend $500 on purchases in the first 3 months from account opening – whenyou redeem through Chase Ultimate Rewards that’s $100 toward travel rewards. You also earn 1 point for every dollar you spend. There’s also 2 points per dollar spent on dining at restaurants.
There is no annual fee for the Chase Sapphire Card. The card also comes with zero liability for unauthorized purchases, and purchase protection which replaces, repairs, or reimburses items within 90 days from date of purchase for eligible reasons.
You can purchase flights with both point and dollar values so you can choose how many points you want to use and pay for the rest in cash.
Chase Sapphire features Chase Blueprint.
Chase Sapphire Preferred®
Chase Sapphire Preferred is similar to the Chase Sapphire Card in that it is a rewards card in which you earn points for everyday purchases. Instead of the 10,000 bonus points offered with the Chase Sapphire Card, with the Preferred card you can start with 40,000 bonus points after you spend $3,000 on purchases in the first 3 months from account opening – that’s worth $500 toward travel rewards when you redeem through Chase Ultimate Rewards. There is also an introductory annual fee of $0 the first year, then $95 .
Chase Sapphire Preferred features Chase Blueprint.
For those with good to excellent credit, Slate® from Chase offers a
- $0 introductory balance transfer fee
- 0% introductory APR for 15 months on purchases and balance transfers
- $0 annual fee
However, it lacks a reward program and, aside from perhaps a slick design and name, after a quick review of terms I couldn’t immediately see why someone might pick Slate® over Chase Freedom.
But, upon closer look, one reason might be in the details — namely, that Slate® $0 introductory balance transfer fee. If you transfer your higher rate balances during the first 60 days your account is open, you can save with a $0 balance transfer fee. After the first 60 days, the ongoing balance transfer fee is $5 or 5% of the amount of each transfer, whichever is greater.
Chase Slate® features Chase Blueprint.
Chase Freedom is a cash back credit card which offers up to 5% cash back rewards in rotating categories for purchases such as at gasoline stations, restaurants and more, subject to quarterly enrollment and maximum in combined purchases each quarter. These categories rotate every 3 months.
All purchases not in the 5% rotating category earn 1% cash back. In addition this card offers a 0% introductory APR for 15 months on purchases and balance transfers.
Chase Freedom features Chase Blueprint.
Ink Cash® Business Credit Card
Ink Cash Business Credit Card is a business cash rewards card. New cardholders can earn a $200 cash back bonus after spending $3,000 on purchases in the first three months from opening the account.
Ink Cash Business Credit Card features Chase Blueprint, which can come in handy for businesses who tend to buy big ticket items.
Ink Bold® Business Charge Card
With this business charge card offer you can earn 5x points for each dollar in select business categories, on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year. New cardholders, after spending $5,000 in the first three months from account opening, can earn 50,000 bonus points.
Ink Bold Business Charge Card offers direct access to a live service advisor anytime. They offer a $0 introductory annual fee for the first year, then $95
About Chase Blueprint
According to Chase, “Blueprint is a unique set of features that lets you manage your finances – on your terms.” It’s essentially a set of features they’ve established which helps you manage how you pay off your purchases. For example, you can:
- Select items to be paid in full (and thus avoid paying interest)
- Split your payments on large purchases, and create a repayment schedule for a specific purchase (e.g., create a plan to pay off your new refrigerator in 7 months)
- Group purchases together and create a plan to pay them off within a certain time period
- Set goals by spending categories and track purchases against your goals
When it comes right down to it, these are things you could probably figure out and plan for using some simple math, but it can be helpful since these tools are ready for you to use (especially for those of you who are less inclined to pull out your budget and do some planning).
And if you’re spending a lot of time trying to figure out how you are going to pay down a large amount of debt, you may also want to consider whether you are using credit cards responsibly.
Note: Offers change frequently; please be sure to check the offer website to ensure all details and information are correct.