The Chase Freedom(SM) Cash Visa Signature® Card, issued by Chase, is designed for those who have very good credit and plan to take advantage of the cash rewards program.

Through the reward program, cardholders earn a 3% rebate on purchases made in the 3 bonus categories where cardholders have spent the most that billing cycle. There are 15 bonus categories altogether including: grocery stores, gas stations, quick service restaurants, telecommunications, cable/satellite TV/Internet service providers, video rentals, department stores, dry cleaners, drugstores, movie theatres, local and suburban commuter passenger transportation, pet supply stores and veterinary services, utilities, beauty shops, and gym/recreation memberships. Cardholders also earn a 1% rebate on all other purchases.

Cardholders are eligible to receive a $50 check once $50 in rewards have been earned or a $250 check once $200 in rewards have been earned, which is a bonus of $50. Cardholders will also receive a $50 bonus rebate after their first purchase, balance transfer, or check transaction. In addition, they have the freedom to switch rewards to earn points instead of cash back.

Visit the application page for more details.