The Chase Freedom Unlimited® sets itself apart with 1.5% back on non-bonus purchases, plus higher rewards in select categories including dining and travel. This flexible rewards card becomes even more valuable when paired with a premium Chase card, allowing you to transfer your rewards to travel partners.
This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.
Welcome Bonus
Getting this card requires planning around Chase’s 5/24 rule, which means you likely won’t qualify if you’ve opened five or more personal credit cards across any banks in the past 24 months.
Chase also specifies that this bonus isn’t available if you currently have a Freedom Unlimited or received a new cardmember bonus on one in the past 24 months.
Earning Rewards
The Chase Freedom Unlimited earns the following rewards:
This card really shines when paired with a premium Chase card such as the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® that earns transferable Ultimate Rewards points, allowing you to maximize value from the base 1.5% earning rate. While the bonus categories are decent, you can find higher earning rates for travel and dining on other cards.
However, the 1.5% floor on non-bonus spending makes this an excellent choice for everyday purchases that don’t typically earn bonuses elsewhere. The 3% drugstore category is also fairly unique and valuable for a no-annual-fee card.
No Annual Fee
The Chase Freedom Unlimited has no annual fee, making it a great option for earning rewards without having to pay a large annual fee. Authorized users can be added to the card for free and can help earn rewards through their spending.
While the no-annual-fee structure means fewer premium benefits compared to other cards, you’ll still get useful perks like rental car protection, trip cancellation insurance, extended warranty coverage, and purchase protection.
Chase Freedom Unlimited Benefits
The Chase Freedom Unlimited offers the following benefits: Intro APR: 0% intro APR for 15 months from account opening on purchases and balance transfers. After that, a reg_apr,reg_apr_type APR. 120-Day Purchase Protection: Get 120 days of protection against damage, theft, and even loss of your purchases – one of the longest windows available. This premium coverage automatically applies when you pay with your card. Extended Warranty Protection: Your purchases gain an extra year of warranty protection when bought with this card, extending manufacturer warranties of three years or less without the inflated prices of store warranty plans. Trip Cancellation & Interruption Insurance: This protection reimburses you for non-refundable, prepaid travel expenses if you need to cancel before departure or cut your trip short due to covered situations like severe illness or weather events. Coverage activates when you pay for your trip with the card, but it’s important to note that reimbursement only applies for specific covered reasons rather than any cancellation. Secondary Rental Car Insurance: This card provides backup protection for rental car damage or theft when you charge the full rental to your card.
Redeeming Points
To redeem the points or rewards on this Chase card, log in to your Ultimate Rewards® account, navigate to the “Earn/Use” tab on your home page, and choose the type of redemption you want. The most popular options include: Cash Back: Redeem your points in the form of a statement credit towards your balance or receive a direct deposit into a bank account. Gift Cards: Convert your rewards into a gift card from your preferred retailer, with gift card options starting at 500 points for $5, so that’s worth 1 cent per point. Pay With Points: Use your points to pay for Amazon or PayPal purchases. However, we don’t really recommend this option since redemption values are typically less than 0.8 cents apiece. Amazon Gift cards would be a better option. Travel: If you book a trip through Chase’s travel portal, you redeem your rewards at one cent per point.
Pros & Cons
Here are the advantages and disadvantages of this card:
Pros:
Strong Base Earning Rate: The 1.5x points on non-bonus purchases are significantly better than the standard 1x points offered by most other cards, making this an excellent choice for everyday spending.
Flexible Points: When paired with a Sapphire card, your rewards can be transferred to valuable airline and hotel partners, significantly increasing their potential value beyond simple cash back.
Purchase Protection Benefits: You’ll get solid coverage, including purchase protection for 120 days and extended warranty protection, which is impressive for a no-annual-fee card.
No Annual Fee: You can keep this card long-term without worrying about justifying an annual fee, while still earning strong rewards on all purchases.
Cons:
Foreign Transaction Fees: The 3% foreign transaction fee makes this card a poor choice for international purchases.
Limited Stand-Alone Value: Without pairing with a premium Chase card, you’re limited to cash back redemptions at 1 cent per point, reducing the potential value significantly.
Basic Travel Benefits: The card lacks premium travel perks like primary rental car insurance or trip delay coverage that you’d find on higher-end travel cards.
Chase 5/24 Restriction: Being subject to Chase’s 5/24 rule means you’ll need to carefully plan your card application strategy, as you won’t be approved if you’ve opened 5 or more cards in the past 24 months.
Alternatives to Freedom Unlimited
Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.
The Chase Sapphire Preferred® Card (review) is one of the most popular travel rewards cards because it offers nice welcome bonus and extra points on travel and dining, which can be transferred to airline and hotel partners or redeemed directly for travel at a rate of 1.25 cents per point through Chase Travel℠. The Sapphire Preferred also offers great travel and purchase protections for a card with a $95 annual fee. Welcome Bonus: Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months. Earning Rewards: 5x points on travel purchased through Chase Travel, 3x points on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2x points on all other travel purchases, and 1 point per dollar on all other purchases. Card Benefits: Ability to transfer to airline and hotel partners, 25% bonus when redeeming points through Chase Travel, $50 annual hotel stay credit via Chase Travel, 10% anniversary points bonus, no foreign transaction fees, primary rental car insurance, trip delay insurance, trip cancellation insurance, baggage delay insurance, purchase protection, and extended warranty. Transfer Partners: Aer Lingus, Air Canada Aeroplan, British Airways, Emirates, Air France KLM Flying Blue, Hyatt, IHG, Iberia, JetBlue, Marriott, Singapore KrisFlyer, Southwest, United, and Virgin Atlantic.
The Bilt Mastercard® (review) lets you earn valuable travel rewards on rent payments without fees while offering bonus points on dining and travel purchases. This no-annual-fee card stands out for its unique rent payment feature and strong travel benefits like rental car coverage and trip protection. Earning Rewards: 5x points on Lyft; 3x points on dining; 2x points on travel purchases; 1x points on rent payments without any transaction fees up to 100,000 points per year, and 1x points on everything else. (Five transactions are required per billing cycle to earn points.) Card Benefits: No transaction fees to pay rent and earn 1x points, primary rental car insurance, cell phone protection, trip delay and trip cancellation insurance, purchase protection, and no foreign transaction fees.
The Blue Cash Everyday® Card from American Express (review) offers 3% cash back on up to $6,000 per year in eligible purchases at U.S. supermarkets, U.S. online retailers, and U.S. gas stations, plus credits for eligible subcriptions. Welcome Bonus: Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. Earning Rewards: 3% cash back at US Supermarkets, US online retail purchases, and US gas stations; 1% back on all other eligible purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout. Card Benefits: Eligible subscription credit (earn $7 back as statement credit for a subscription purchase, including a bundle subscription purchase, at Disneyplus.com, Hulu.com, or Plus.espn.com U.S. websites; enrollment required), secondary rental car insurance, and purchase protection.
Is The Chase Freedom Unlimited Worth It?
The Chase Freedom Unlimited is a powerful addition to any points and miles strategy, especially if you’re looking to maximize your Chase Ultimate Rewards earnings.
You can start collecting rewards quickly through the card’s welcome bonus, which gives you an opportunity to boost your earnings substantially in your first year.
The card’s everyday earning rate of 1.5% back on non-bonus purchases sets it apart from most other no-annual-fee cards that typically only offer 1% back, while bonus categories like dining and travel booked through Chase add even more value. When paired with a premium Chase card like the Chase Sapphire Preferred® Card or Chase Sapphire Reserve®, your rewards become significantly more valuable since you can transfer them to travel partners and unlock more redemption options.
For a no-annual-fee card, the Freedom Unlimited delivers impressive earning potential and flexibility, making it a smart choice for both beginners and experienced travelers looking to optimize their rewards strategy.
Learn How to Apply: Chase Freedom Unlimited®.
For rates and fees of the Blue Cash Everyday® Card from American Express, please click here. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.
