Chase Bank is a well-known financial institution with a number of premium services. If you’re looking for a loan, mortgage, or investment opportunity, this is the bank to explore. Their helpful reps will assist any individual who is looking for a secure place to store and grow their money. They even go the extra mile by offering private client services for customers with special needs.
Everyone knows Chase for being the bank that treats every client equally. It doesn’t matter if you have a few hundred or a few thousand in the bank, you will still get the same respect. Chase built their business on creating close relationships with each client. This is how they became a global powerhouse in the banking industry.
Unfortunately, Chase Bank no longer offers secured credit cards. It was a product they offered in the past, but economic changes forced them to do things a bit differently. Instead of using stored money as collateral for a credit card, they would rather give the client a respectable amount of credit. With a secured credit card, you can only receive a credit amount that is equivalent to your deposit.
Why settle for a $300 – $500 line of credit when you can receive $2500 or more? If your credit score is decent, Chase Bank will give you a card with a line of credit that truly makes you comfortable. They may not approve you if your credit is poor, but they may approve an applicant who has a huge amount of debt. If you fall into this category, you can still receive credit if you are not behind on payments.
The following Chase Credit Cards are great alternatives to secured credit cards. You may want to check your credit to see if you are clear before applying.
Chase Freedom Unlimited Credit Card
Instead of laying down a deposit to receive credit, you can actually get $150 cash back. With this popular card from Chase, you can actually receive cash when you spend $500 in the first 3 months. Additionally, you can receive unlimited cash back on every purchase. Get 1.5% of the total you spend at grocery stores, restaurants, and more. Enjoy carefree spending for 15 months with their 0% introductory APR.
Ink Cash Business Credit Card
If you have a small business, you can apply for this card to take advantage of the cash back offer. You can apply for this card under your business name to keep your personal credit history private. Upon approval, you can receive $300 cash back after spending $3000 in the first three months. With no annual fee and a 0% APR, you can spend without accruing extra charges for 12 months.
AARP Credit Card from Chase
Use this card along with your AARP Membership to get maximum discounts. After approval, you can receive $100 after spending $500 in the first 3 months. Earn 3% cash back whenever you purchase items at restaurants and gas stations. Earn 1% cash back for purchases made at miscellaneous vendors. Cash back bonuses are unlimited, and you also earn redeemable points as you spend. Exchange your points for gift cards, travel expenses, car rentals, and hotel stays.