Chase Freedom Rise Credit Card review

Chase Freedom Rise is Chase's card for people new to credit, and Chase labels it best for new to credit and students. It pays 1.5% cash back on all purchases and gives a $25 statement credit if you set up automatic payments in the first 3 months and stay enrolled for at least 90 consecutive days. Applicants who have never had a credit card can improve their approval odds by holding at least $250 in Chase checking or savings, which makes it the natural pick for students who already bank with Chase. Chase evaluates cardholders for a credit line increase in as soon as 6 months and reviews them each year for an upgrade to Chase Freedom Unlimited if they have made a purchase and paid all lenders on time for 12 months. Purchase Protection covers eligible new purchases for 120 days up to $500 per item, and extended warranty protection adds a year. The variable APR is 18.49% to 27.99%, and there is no annual fee.

Who it is for

students who already bank with Chase

Price

$0 annual fee.

$0 Annual Fee † Best for: New to Credit and Students
Quoted from the vendor pricing page on November 12, 2026.

Key features

• 1.5% cash back on all purchases
• $25 statement credit for enrolling in automatic payments in the first 3 months and staying enrolled for 90 days
• Credit line increase review in as soon as 6 months
• Automatic yearly review to upgrade to Chase Freedom Unlimited
• Purchase Protection on eligible new purchases for 120 days against damage or theft, up to $500 per item

Strengths and weaknesses

• Strength: Having at least $250 in a Chase checking or savings account improves approval chances for applicants who have never had a card
• Strength: Clear upgrade path to Chase Freedom Unlimited
• Strength: 6 months of complimentary DashPass and 2% total on qualifying Lyft purchases through 09/30/2027
• Weakness: Variable APR of 18.49% to 27.99%
• Weakness: No welcome bonus beyond the $25 autopay credit
• Weakness: Pay with points at Amazon and PayPal values each point at $0.008

Key facts

• Annual fee: $0
• Rewards: 1.5% on all purchases
• Welcome offer: $25 for enrolling in automatic payments
• Purchase APR: 18.49% to 27.99% variable
• Credit line review: In as soon as 6 months

Where it ranks

Chase Freedom Rise Credit Card is No. 4 in our Best Credit Cards For Students verdict.