Credit cards are not created equal. It gives you an introductory APR of 0% for six months, and after it is a 12.24% variable rate. For regular purchases you get 1% cash back and then an extra 2% cash back for supermarket, gas stations and fast-food restaurants. However, after you charge $600 during a billing cycle, the rewards goes down to 1%.
Credit cards used to give away the farm, but now deals like the Chase Freedom Visa card is a good deal. Credit cards are pulling back all this cash back benefits so shop around if you are looking for a new credit card with a low APR.