Chase Freedom Unlimited Credit Card Review

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The Chase Freedom Unlimited is a no annual fee credit card that offers 1.5% cash back everywhere.

The Freedom Unlimited card also has a lot of great benefits, which we will cover below.

No Annual Fee With $200 Welcome Bonus
Chase Freedom Unlimited®
  • Earn an Additional 1.5% on All Purchases Up to $20,000 in the First Year ($300 Max Bonus)
  • 5% Cash Back on Travel Purchased Via Chase
  • 3% Cash Back at Restaurants and Drug Stores
  • 1.5% Cash Back on All Other Purchases
  • 0% Intro APR for 15 Months (After the Intro Period, a Variable APR of 17.24% – 25.99% Applies)
  • Purchase Protection and Extended Warranty
  • No Annual Fee

Click Here to Learn How to Apply

Secondary Rental Car Insurance

Secondary rental car insurance covers any damage to a rental car not covered by your primary insurance when you pay for the rental using this card.

Other credit cards offer primary rental car insurance, which pays before your insurance and saves you the hassle of filing multiple insurance claims.

But there are situations where this secondary insurance becomes the primary insurance, including when renting a car outside the U.S. and your personal car insurance does not cover you in that country, or if you don’t have collision insurance.

You still need to maintain liability car insurance to cover damage to another person or property.

Rental Car Insurance
Photo: Hertz

Trip Cancellation/Interruption Insurance

When you’re planning a trip, the last thing you want to worry about is whether or not your travel plans will be covered if something goes wrong. That’s where credit card trip cancellation and interruption insurance comes in.

Trip cancellation and interruption insurance reimburse you for non-refundable expenses if your trip is interrupted or canceled for a covered reason such as illness, severe weather, or an accidental injury. 

To be eligible for trip cancellation and interruption insurance, you’ll need to pay for your travel expenses using this card.

Travel is crazy enough without having to worry about being out of pocket if something goes wrong, so I always suggest booking all travel with a card that offers travel protections.

Extended Warranty

Credit card extended warranty protection adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.

Coverage matches the protection provided by the original warranty so that damage or defect would have to be covered by the original warranty for extended warranty coverage.

The maximum coverage is $10,000 per item and $50,000 per cardholder.

For example, if you bought a TV with a manufacturer’s warranty of three years, then this card would extend the warranty for free to the fourth year.

But if the TV comes with a four or five-year warranty, you should consider using an American Express or Citi credit card, which covers warranties up to 5 years.

Purchase Protection

Purchase protection can save you a lot of money if you bought an eligible item that is damaged or stolen within 120-days.

For example, if accidentally dropped your new phone or laptop and broke the screen, you could file a claim to get it replaced if it was purchased within the last 120 days.

Coverage for this benefit is limited to $500 per claim and up to $50,000 per cardholder.

Credit Card Purchase Protection Broken Phone

Frequently Asked Questions

The Chase Freedom Unlimited is a no annual fee credit card that 1.5% cash back everywhere.

Chase Freedom Unlimited points can be cashed out at one cent per point or you can convert them to Ultimate Rewards points if you have another Ultimate Rewards card.

You need at least a 650 credit score to get approved for the Chase Freedom Unlimited, but a 690+ credit score is preferable.

 

This Freedom Unlimited is subject to the 5/24 Rule, which means Chase will automatically deny your application (even with a perfect 850 credit score) if you have opened 5 or more cards in the past 24 months.

You can refer a friend to the Chase Freedom Unlimited by filling out your information in this Chase online form and sending them a customized link.

You can activate your Freedom Unlimited card by clicking this link and signing into your Chase account. You can also activate your card by phone by calling 1-800-432-3117.

Both cards are very good and work well if you combine it with an Ultimate Rewards card. If you had to pick one, I would go with the Freedom over the Freedom Unlimited due to its ability to 5% cash back or 5x Ultimate Rewards points on rotating categories.

The Freedom card earns 5% cash back at rotating quarterly categories and 1% cash back everywhere else. The Freedom Unlimited card earns 1.5% cash back everywhere, but does not have 5% rotating categories.

You can transfer your Chase Freedom Unlimited points to Ultimate Rewards points with a Sapphire card by:

  1. Signing into your account.
  2. Click where it displays your Ultimate Rewards balance under your list of credit cards.
  3. Click where it says "Earn/Use ___ Pts"
  4. Click Combine Points
  5. You can then decide how many points you want to transfer in between your accounts.

You can have two Chase Freedom cards, the Freedom and Freedom Unlimited. People also combine these two cards with the Sapphire Preferred or Reserve to create a Chase Trifecta.