Chase · Cash back · Visa
Chase Freedom Rise: what it's really worth
The Chase Freedom Rise has a no annual fee. For a typical household spending $2,070 a month, it's worth about $373 in year one and $373 each year after.
Annual fee$0
Sign-up bonusNone
Net value · year 1$373
Net value · each year after$373
Is the annual fee worth it?
No annual fee — nothing to lose by keeping it open, which also helps your credit history.
How you earn
| Category | Rate | Value per $1 | Per year* |
|---|---|---|---|
| Dining | 1.5% | 1.5¢ | $54 |
| Groceries | 1.5% | 1.5¢ | $90 |
| Hotels | 1.5% | 1.5¢ | $14 |
| Flights | 1.5% | 1.5¢ | $18 |
| Gas | 1.5% | 1.5¢ | $27 |
| Streaming | 1.5% | 1.5¢ | $7 |
| Everything else | 1.5% | 1.5¢ | $162 |
*At typical monthly spending: dining $300, groceries $500, hotels $80, flights $100, gas $150, streaming $40, everything else $900. Approval odds improve if you have a Chase checking account.
Credits and perks
- Automatic credit-limit reviews
- Foreign transaction fee: 3%
Who it's for
- A first card with no credit history — 1.5% back on everything
- Chase checking customers
- Not ideal: Use abroad (3% foreign fee)
Can I get it?
- Recommended credit: Fair / building
- Chase rules: 5/24: usually denied if you've opened 5+ personal cards (any bank) in the last 24 months. The bonus may be unavailable if you've had this card before.
- Visa: Accepted almost everywhere, including Costco warehouses (Visa only).
Check the current offer at Chase
Similar cards
Chase Freedom Unlimited$627 year 1 · $0 feeWells Fargo Active Cash$697 year 1 · $0 feeCiti Double Cash$697 year 1 · $0 feeCapital One Savor Cash Rewards$650 year 1 · $0 fee
Updated Oct 30, 2026.