Chase Credit Card Tips and Tricks Quiz

What is a key strategy to potentially receive higher welcome bonuses with Chase credit cards?

• Spend more than the required amount

• Wait for Chase to increase the bonus

• Use only affiliate links

• Apply for multiple cards at once

How can you maximize points through Chase's referral program?

• Refer friends and family using a special link

• Apply for multiple cards yourself

• Use the card for all purchases

• Wait for seasonal offers

What should you consider before using credit cards for rewards?

• Ensure you have cash to pay off balances

• Apply for as many cards as possible

• Only use cards with no annual fee

• Spend more to earn more points

What is a benefit of downgrading a Chase credit card?

• Get a higher interest rate

• Receive a new welcome bonus immediately

• Avoid annual fees while keeping the account open

• Increase your credit limit

What is the Chase 524 rule?

• A rule that limits you to 5 new cards every 24 months

• A rule that offers 5% cashback on 24 categories

• A rule that requires a minimum spend of $524

• A rule that gives 5 bonus points for every 24 transactions

Why might someone want multiple Chase Freedom Flex cards?

• To get more welcome bonuses

• To increase their credit score

• To maximize points in rotating categories

• To avoid annual fees

What is a key difference between the Chase Freedom and Freedom Flex cards?

• Freedom offers more points on dining

• Freedom is a Visa, Flex is a MasterCard

• Freedom Flex has no annual fee, Freedom does

• Freedom is a MasterCard, Flex is a Visa

What can you do if Chase does not approve you for a new card due to credit limits?

• Apply for a different card

• Move credit limits between existing cards

• Increase your income

• Close an existing account

How can Chase offers be beneficial?

• They waive annual fees

• They increase your credit score

• They offer discounts on specific purchases

• They provide free travel points

What is a potential advantage of using the Card Pointers app?

• It tracks and optimizes credit card offers

• It automatically applies for new cards

• It increases your credit limit

• It provides free financial advice