Chase Freedom Unlimited®
Rating
Enjoy 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases
The Chase Freedom Unlimited® is a versatile cash-back credit card with no annual fee and a straightforward rewards structure. It's designed for consumers who want to earn rewards on everyday purchases without the complexity of rotating categories.
Key Features
- Annual Fee: $0
- Welcome Bonus: Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
- Rewards Rate:
• 5% cash back on travel purchased through Chase Travel℠
• 3% cash back on dining at restaurants, including takeout and eligible delivery services
• 3% cash back on drugstore purchases
• 1.5% cash back on all other purchases - Intro APR: 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%
- Foreign Transaction Fee: 3%
Rewards and Redemption
The Freedom Unlimited offers a simple yet rewarding cash back program:
- Earning Cash Back: Cardholders earn elevated cash back in popular spending categories, with a solid 1.5% base rate on all other purchases
- Redemption Options:
• Redeem for cash back as a statement credit or direct deposit
• Use rewards to book travel through Chase Travel℠
• Redeem for gift cards or shop with points at Amazon.com
Cash back rewards don't expire as long as your account remains open.
Travel Benefits
While not primarily a travel card, the Freedom Unlimited offers some travel-friendly features:
- No foreign transaction fees
- Trip cancellation/interruption insurance
- Travel and emergency assistance services
Additional Perks
- Purchase protection
- Extended warranty protection
- Zero liability protection
Who Should Get This Card?
The Chase Freedom Unlimited is ideal for:
- Those who want to earn cash back on everyday purchases without an annual fee
- Consumers who appreciate bonus rewards in popular spending categories
- People looking for a card with a solid intro APR offer
Chase Freedom Unlimited offers a compelling combination of cash-back rewards and valuable benefits without the burden of an annual fee. Its straightforward earning structure and bonus categories in common spending areas make it a versatile choice for many consumers.
While it may not offer the highest rewards rate in every category, its overall value proposition and ease of use make it an attractive option for those seeking a reliable everyday rewards card.
Pros
Versatile rewards structure: Earn elevated cash back in popular categories like dining and travel, with a solid 1.5% base rate on all other purchases
No annual fee: Maximize your rewards earnings without an offsetting cost
Flexible redemption options: Cash back can be redeemed for statement credits, travel through Chase Ultimate Rewards, or transferred to other Chase cards for potentially higher value.
Cons
Foreign transaction fee: 3% fee on purchases made outside the U.S. makes this card less ideal for international use
Requires good to excellent credit: May not be accessible to all applicants
Higher rewards available elsewhere: Other cards may offer higher cash back rates in specific categories or on all purchases
