Meet New Chase Credit Cards
Filed Under (Credit Cards Blog) by creditblogger on 20-10-2009
In a period where credit card companies are cutting back and increasing the approval criteria, if you are looking for a credit card, you may be dismayed by the lack of options available to you. Not everyone can get approved for Visa Black Card, and some of those average credit cards are not exactly worth applying for as they come with high rates and fees. But Chase has two credit cards that you can take advantage if you are looking for a decent introductory offer. Slatecard and Freedomcard are both offers that give you a chance to get your hands on a decent offer.
Both cards come with attractive introductory offers. 0% APR for however many months off is more than attractive these days, and as long as you pay your balance off on time, you won’t have to deal with those high interests. Of course, you do want to make sure that you don’t spend beyond your means. But you already know that. As similar as these cards may sound like, there are major differences between them. The Freedomcard does give you cash back on your purchases, and you do get a bonus for applying (at the time of this writing). The post-introductory period APR is quite high so you don’t want to put too much balance on your card.
The SlateCard is great for people who want to pay their balances in full on time and avoid higher interest rates. The card is designed to help you get out of debt. It separates large items from other items on your Slatecard. The card also comes with a bunch of tools to help you set goals for yourself and meet them on a monthly basis. This card is for those who are in debt and can’t find a way to get out of it. Keep in mind that it’s always better to spend the money you have (saving it is actually much better) rather than taking on debt when you may not be able to pay it. In these tough economic times, you don’t want to deal with creditors. Trust me! But SlateCard may help those who can’t stay organized get on the right track.
These cards are great for those who are responsible and pay their monthly bills on time. But the post introductory APRs are quite high. So if you do happen to go with these cards, make sure you pay your balance on time.
