Credit Card Reviews

Chase Freedom Unlimited® Card Overview

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The Chase Freedom credit card lineup provides solid options for those who are looking for an all-in-one rewards card. With its competitive cash back rates on everyday purchases, the Chase Freedom credit cards offer plenty of flexibility and value to help you save money or earn Chase points. Chase offers several different versions of the Freedom card. This article will take a look the Chase Freedom Unlimited®, its benefits/perks offered, and the best way to earn points or cash back on purchases. With many features and rewards to offer, the Chase Freedom credit cards are an appealing choice for budget-savvy shoppers or those looking to boost their Ultimate Rewards points balance.

Chase Ultimate Rewards

Points earned from the Chase Freedom cards can be redeemed for statement credits and direct deposits into your bank account, or kept as Ultimate Rewards points and combined into your point balance with other Chase products (like Chase Sapphire cards) for even more rewarding redemption options. Each point is worth 1 cent if redeemed for cash. All of your cash-back points are stored in one convenient place: Chase Ultimate Rewards. With this program, you can easily access and manage your points to make sure they’re working for you.

Chase Freedom Unlimited®

The Chase Freedom Unlimited credit card is a great option for those just starting out with points and rewards. It’s relatively easy to obtain approval and helps you develop a relationship with Chase, which can lead to being eligible for more rewarding cards like the Chase Sapphire Preferred or Chase Sapphire Reserve. Benefits offered with the Chase Freedom Unlimited:

  • No annual fee
  • Earn up to an additional $300 / 30,000 points by granting an extra 1.5% back on purchases in the first year of card membership (up to $20,000).
  • Purchase protection – Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.
  • Earn 5% / 5x points on travel purchased through Chase Travel (6.5% for the first year – up to the $20k total cap).
  • Earn 3% / 3x points on dining at restaurants including takeout and delivery service (4.5% for the first year – up to the $20k total cap).
  • Earn 3% / 3x points on drugstore purchases. (4.5% for the first year – up to the $20k total cap).
  • Earn 1.5% / 1.5x on all other purchases. (3% for the first year – up to the $20k total cap).
  • Cash back rewards will not expire as long as your account is active
  • Receive 3 months complimentary DashPass membership with $0 delivery fees and 50% off membership for an additional 9 months.
  • Earn 5% cash back on Lyft Rides through March, 2025.
  • Auto rental collision damage waiver (secondary to your personal insurance)
  • Extended warranty protection (extends US manufacturer warranty by 1 yr for warranties of 3 yrs or less)
  • Free credit score and more through Credit Journey®

Unfortunately, Chase Freedom does have a 3% foreign transaction fee, which is a negative aspect to this credit card option.

Pooling Points

Chase Ultimate Rewards points can be transferred to someone in your household. Chase states “You can move your points, but only to another Chase card with Ultimate Rewards belonging to you or one member of your household” and it’s important to note that there are no fees associated with this pooling of Ultimate Rewards points. With a little planning and coordination, pooling Ultimate Rewards points with family members can be an excellent way to take full advantage of the Ultimate Rewards program.

Final Thoughts

The Chase Freedom Unlimited card offers several benefits and cash back options, so you can begin to make the most of your purchases. Finally, if you have one of the Chase Sapphire cards, adding the Unlimited card could be another way to boost your Ultimate Rewards balance through those bonus categories. And if you don’t already have another Chase card that earns points, you can save up your points until you do and combine them at a future date.

Editorial Note: Information and opinions articulated in this article are solely those of the author’s, not those of a credit card company, bank, airline or hotel chain. This article has not been reviewed or approved by or otherwise endorsed by any of these companies or organizations.

Miles Junkie covers airline miles, hotel points and credit card earning program information and travel in general with an eye towards ethical & eco-conscious exploration.

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