Chase Freedom Unlimited® Review

Our Detailed Review of This Card

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Looking for a straightforward cash back card? The Chase Freedom Unlimited® is a great choice with its unlimited 1.5% cash back on all purchases and no annual fee.

It all starts with some nice intro features. Earn a $150 bonus after spending $500 on purchases in the first 3 months from account opening — that's 30% cash back on the first $500 you spend! Add to that a 15-month 0% intro APR period on purchases, and you can make any large (or small) purchases you need without paying a cent of interest for more than a year.

You can also take advantage of the card's 15-month 0% intro APR on balance transfers to transfer balances from other high-APR cards onto Chase Freedom Unlimited® to save on interest. There is a balance transfer fee of 3% or $5 (whichever is greater), but that is fairly common. If you're specifically looking for a balance transfer card, you may want to use our free Balance Transfer Calculator to find the best card for you. 

Another great aspect of Chase Freedom Unlimited® is how flexible your reward redemption options are — you can redeem your rewards for cash at any time, in any amount via an account statement credit or electronic deposit into a checking or savings account. Alternatively, you can use Chase's Ultimate Rewards portal to redeem them for gift cards, travel, and products or services. You can even combine your rewards points with other Chase cards that have Ultimate Rewards, like Chase Sapphire Preferred® and Ink Business CashCredit Card. When you redeem your points for cash back, gift cards or travel, each point is worth $0.01 (i.e., 100 points equals $1 in redemption value). 

Finally, as a Chase Freedom Unlimited® cardholder, you can also enjoy a host of Chase benefits. Check your credit score as often as you like without hurting your credit through Credit JourneySM. Rest easier knowing you have Zero Liability Protection — you won't be held responsible for unauthorized charges made with your card or account information. And you can purchase with a little extra security — Purchase Protection covers your new purchases for 120 days against damage or theft (up to $500 per claim, $50,000 maximum per account) and Extended Warranty increases the warranty period of U.S. manufacturers' warranties by a year (on warranties of three years or less).

We highly recommend the Chase Freedom Unlimited® for its no-nonsense 1.5% cash back, 15-month 0% intro APR on purchases and balance transfers and its point redemption flexibility.

Rewards

  • $150 bonus after you spend $500 on purchases within the first 3 months.
  • Earn unlimited 1.5% cash back on every purchase, every day.
  • No rotating categories and no sign ups needed to earn cash rewards.
  • Your cash back rewards don't expire as long as your account is open.

Redeem Rewards
  • Redeem cash back any time for any amount, even set up automatic redemption.
  • Cash can be redeemed in the form of check, gift card or statement credit.

Fees and APR
  • Annual Fee: $0.
  • Purchase APR: 0% Intro APR on Purchases for 15 months, then 16.99% - 25.74% variable.
  • Balance Transfer APR: 0% Intro APR on Balance Transfers for 15 months, then 16.99% - 25.74% Variable .
  • Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater.


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Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.

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