The Chase Freedom Unlimited card is a straight-forward, no annual fee, cash back credit card.
If you’re a fan of Chase’s other credit cards, but want one for everyday use, the Chase Freedom Unlimited credit card is the one for you.
Here’s a quick overview of what the Chase Freedom Unlimited offers:
- 3% cash back on all purchases during the first year you have the card, up to $20,000 in spending
- No annual fee
- 1.5% cash back on all purchases after the first year
Chase Freedom Unlimited features
The Chase Freedom Unlimited is the perfect card for anyone who wants a straightforward cash back credit card. Here are the details.
There’s no annual fee for using the Chase Freedom Unlimited credit card.
The Chase Freedom Unlimited offers 1.5% cash back on all your purchases after the first year. These are unlimited rewards, meaning there’s no limit to the amount of rewards points you can earn, plus, your rewards never expire! So save them up for that family vacation you’ve been dying to go on.
You can also redeem your rewards at any time. There are no minimum rewards required to start redeeming.
At the time of writing, the Chase Freedom Unlimited card offers a bonus on the cash back you can earn. During the first year of having the card, you will earn 3% cash back on the first $20,000 you spend. After the first year, your cash back earnings are 1.5%, meaning if you spend the full $20,000 in the first year ($1,666.66 per month) you will earn a bonus of $300.
If you want to check out quickly using your Chase Freedom Unlimited credit card, you can set up contactless and all you’ll have to do is tap your card at any checkout counter that has the contactless symbol.
Extra features offered by the Chase Freedom Unlimited
Invite a friend
If you already have the Chase Freedom Unlimited card, you can suggest it to friends, and you’ll receive $100 for everyone them who signs up for the card.
You can earn up to $500 a year by doing this.
Free credit score
Chase has joined many of the credit card companies that offer you a free credit score, updated weekly. All you have to do is click on the ‘Your Credit Score’ section once you’ve logged into your Chase account.
The Chase Freedom Unlimited card (and all Chase cards) offer great security features to keep your account safe. They offer the following:
- Fraud protection
- Fraud alerts
- Zero liability protection–meaning you’ll never have to pay for any fraudulent charges made with your card
- Purchase protection–This covers any new purchases for 120 days against damage or theft up to $500 per claim
Redemption option #1–Cash
If you get the Chase Freedom Unlimited credit card, you likely want simple cash back. So, we’ll start the redemption process by talking about how you can redeem your rewards for straight cash back.
Like other Chase credit cards, the Chase Freedom Unlimited earns Chase Ultimate Rewards points. Unlike other cards, however, there’s no minimum needed to start redeeming rewards. To get cash back, you can choose to receive a statement credit or do direct deposit into most U.S. banks.
Redemption option #2–Book Travel
While we don’t recommend the Chase Freedom Unlimited as the best travel rewards credit card, you can redeem your rewards through Chase’s travel portal.
If you book through Chase Ultimate Rewards, your points can go towards:
- Hotel stays
- Car rentals
- Vacation rentals
Chase’s portal makes it easy to find flights and lodging, and they’ll tell you next to each flight/hotel/etc. how many points equals a free flight/stay.
You can transfer points to the following airlines:
- British Airways Avios
- Aer Lingus AerClub
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- JetBlue TrueBlue
- United MileagePlus
- Virgin Atlantic Flying Club
- World Of Hyatt
- IHG Rewards Club
- Marriott Rewards
- The Ritz-Carlton Rewards
- Flying Blue
- Iberia Plus
If you’d like to learn more about Chase Ultimate Rewards here’s a full explanation.
Redemption option #3–Amazon
If you’re a frequent Amazon shopper, you can use your rewards through Amazon. All you have to do is link your Chase card to Amazon and you can use your points at checkout.
Your points can even count towards shipping and tax.
Redemption option #4–Apple
You can now use your Chase Freedom Unlimited rewards through Apple to pay for any purchases. Currently, 100 Chase points is equal to $1 at Apple.
Redemption option #5–Gift cards
Finally, if you want a simpler way to use your points, you can get your points credited to your account, or you can buy gift cards.
Why you should use the Chase Freedom Unlimited credit card
If you’re looking for a card that doesn’t require much work, the Chase Freedom Unlimited card is perfect. It has no activation requirement, like the Chase Freedom card, so you start earning cash back as soon as you get your card.
Many credit cards also limit the amount of rewards you can earn, but the Chase Freedom Unlimited card lets you earn unlimited rewards. And finally, there’s no annual fee!