Chase Freedom Rise Credit score Card Launching Later This 12 months

Chase filed a brand new trademark earlier this yr for “Chase Freedom Rise“. Then this week, throughout the JP Morgan Chase Investor Day presentation Chase revealed that it’ll launch the latest card within the Freedom household this yr.

“Later this yr, you’ll see that we’re launching Freedom Rise, a product particularly focused to this [starter] phase and key to that technique will probably be distribution by our department community”, stated Allison Beer, Chief Govt Officer of Card Providers and Linked Commerce.

On web page 32 of the presentation Chase says that it’ll launch Freedom Rise for new-to-credit clients. Then on web page 54 it says that Freedom Rise is launching in choose channels this yr, as Chase leverages the strategic benefit of branches to assist new-to-credit prospects.

No actual particulars have been revealed in regards to the new Freedom Rise card. However that is clearly a card for purchasers with no credit score historical past and possibly these with unfavorable credit ratings. So I wouldn’t anticipate this new bank card to come back with tons of perks and advantages, if any in any respect.