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If you’re looking for a card with a lucrative welcome bonus, generous 0% APR account opening period, and no annual fee, the Chase Freedom Unlimited® card may be right up your alley.
Plus, with complementary Visa Concierge service, a roadside assistance network (albeit one that you pay for), and travel protection, there are tons of side perks that make this card a traveler’s dream.
Bonus if you’re a frequent traveler familiar with the Chase travel purchase network!
No, really – the Chase Freedom Unlimited® card rewards the highest cashback on travel purchased through Chase.
Let’s see what else this card has to offer.
The Chase Freedom Unlimited® card is a cashback offering from Chase designed to reward you primarily for travel purchased through Chase.
Though you can earn higher-than-average cashback on restaurant and drugstore purchases, too.
As part of the Chase pocketbook, you can transfer points among other cards in the Chase Ultimate Rewards® network.
As such, adding this card to your wallet can provide another layer of flexibility in how and where you redeem your rewards.
That said, combining so many options with varying rewards rates makes the Chase Freedom Unlimited® card one of the more complex offerings on the market.
If you’re great at organization (or at least writing down when to use which card), you’re in luck!
But at 1.5% cashback on all purchases and 3% at drugstores and restaurants, this card is likely to be top of the rewards pile in your wallet, anyway.
To get started with Chase, all you have to do is apply via the Chase web portal. Once you’re approved, your card will be shipped to you in the mail.
Once it’s in your hands, you can activate and use it immediately.
Tap to pay, insert the chip, or go for the good, ole magnetic swipe – however a Visa-accepting merchant takes your payment, this card can do it all. Including, of course, online transactions.
But before you start spending, be sure to understand how (and how much) you can earn cashback rewards with this card, as some purchases offer bonus points.
While the Chase Freedom Unlimited® card is technically listed as a cashback card, you earn rewards in the form of points.
As such, understanding how you earn – and redeem – your “cashback” is crucial to making full use of the card.
On its own, earning rewards with the Chase Freedom Unlimited® card is easy.
When it comes to redeeming your Chase rewards, the process is a little more complex.
For instance, you can transfer eligible Chase Ultimate Rewards® points between your Chase cards.
This provides flexibility in how you spend your cashback – and can even increase your rewards, depending on the composition of your credit wallet – but also imbues an extra layer of difficulty.
Assuming that you keep your rewards on your Chase Freedom Unlimited® card, once you’re ready to redeem, your points are automatically calculated at 1.5% to 5% cashback, depending on the category of your purchase. You can redeem points for:
Chase Freedom Unlimited® comes with a hefty signup bonus compared to the low spending hurdle: $200 back for spending $500 in the first three months.
While it’s not the largest bonus in the business – especially for cashback or points-and-miles cards – the low bar means that even light spenders will hit the mark quickly.
Aside from a generous signup bonus, new Chase Freedom Unlimited® users can enjoy 0% APR on purchases made in the first 15 months.
After that, the card switches to its variable rate.
One of the most compelling reasons to get the Chase Freedom Unlimited® card is to round out a portfolio of Chase cards.
If you have multiple cards on the Chase network, you can transfer your Chase Ultimate Rewards® points between the new Chase trifecta to maximize your dollars.
Technically, the Chase Freedom Unlimited® is marketed as a cashback card. That said, you actually earn rewards in the form of Ultimate points, which you can then transfer between other cards such as the Ink Business Preferred® Credit Card or the Chase Sapphire Preferred® Card.
Both of these options let you redeem points for 1.25 cents on travel purchase through Chase.
Plus, with Chase Sapphire Reserve®, your points jump to 1.5 cents per when redeemed on travel through Chase.
Plus, each of these three cards allow you to transfer points 1:1 to multiple hotel and airline loyalty programs, such as Marriott, Hyatt, Southwest Airlines, and United Airlines.
With Chase Freedom Unlimited®, any purchase you make with the card comes with extended warranty protection to add an additional year to any eligible manufacturer’s 3-year (or less) warranties.
Hello, new television!
In addition to extended warranties, all transactions come with 120-day purchase protection to cover stolen or damaged items.
You can receive up to $500 per claim and up to $50,000 per account.
As part of the Visa network, your Chase card comes with rental car insurance in the case of damage due to collision or theft.
All you have to do is decline the rental company’s in-house coverage and use your card to cover the entire rental cost.
If you use your card to book a cruise, plane ticket, or other travel cost, you can be reimbursed up to $1,500 per person (maximum $6,000 per trip) for prepaid, nonrefundable fares in the case that your trip is cancelled or cut short by sickness, severe weather, or other covered situations.
This Chase card comes with three tiers of cashback rewards, rather than the standard 1-2% on all purchases offered by some cashback cards.
You can earn 5% on travel purchased through Chase and qualifying Lyft services (for a short time), 3% on drugstore and restaurant purchases, and 1.5% on everything else.
The Chase Freedom FlexTM card is another Chase offering that comes with a $0 annual fee and lucrative cashback rewards.
The primary difference is where you earn rewards. With Chase Freedom FlexTM, you earn 5% cashback on rotating categories (that you activate) every 3 months and 1% on everything else.
Additionally, the Unlimited® card runs on the Visa network, while FlexTM runs on the Mastercard network.
While this makes little difference in terms of acceptance, each payment processor confers their own benefits.
The Citi® Double Cash Card offers a slightly more limited rewards alternative, but with more flexibility than some other competitors.
You can earn unlimited 2% cashback – 1% when you make a purchase, and 1% when you pay your bill.
Potentially giving you the chance to earn a little cashback as consolation if you carry your balance and get slapped with interest.
The downside is that there are no bonus categories for extra earnings.
However, the Citi® Double Cash Card does offer the ability to move your rewards to another premium Citi card to increase your points value.
Plus, Citi offers an 18-month balance transfer offer on this card.
Like the Chase Freedom Unlimited® card, Discover it® is a tiered cashback card. With this option, you can earn 5% cashback in rotating quarterly categories on up to $1,500 in purchases, as well as 1% cashback on all other purchases.
Discover it® Cash Back also comes with 0% introductory APR for 14 months on both purchases and balance transfers, a $0 annual fee, and cashback match on every dollar earned in your first year.
The Capital One Quicksilver Cash Rewards Credit Card is a more limited cashback alternative to Chase Freedom Unlimited®.
To start, the card comes with a $0 annual fee, no foreign transaction fees, and unlimited rewards.
You earn 1.5% cashback on all purchases, but there are no bonus categories and rewards are available as cashback only.
Moreover, your rewards cannot be transferred or combined with other rewards.
Chase Freedom Unlimited® comes at 1.5% cashback on all purchases, plus bonus cashback on travel, restaurant, and drugstore purchases.
And, for a limited time, you can earn cashback on rides booked through the Lyft app, too.
Plus, you can move your points around in the Chase network to maximize your dollars and spend them where you want.
In other words: the Chase card is worth it if you’re a frequent traveler, high spender at your favorite restaurants, or just want the flexibility to redeem your points where you want.
Chase Freedom Unlimited® earns unlimited cashback at both standard and above-standard rates compared to many competitors.
Plus, you have variable options on how and where to redeem – and your points never expire, so you can save them for that much-needed Caribbean vacation in three years.
Yes! Chase Freedom Unlimited® earns Ultimate® rewards on every purchase at varying cashback rates. (Depending on where you spend your money.)
Yes! Chase Freedom Unlimited® will reimburse you up to $6,000 per trip in the case of cancellation or interruption due to sickness, severe weather, or other covered situations.
Unfortunately, yes. This card charges a 3% fee on foreign transactions.
The Chase Freedom Unlimited® card is a fantastic card for travelers, high spenders, and those already enmeshed in the Chase credit card network.
With a sky-high signup bonus, generous 0% APR intro offer, and tiered cashback and redemption values, it offers great rewards on a slightly more complex framework than its competitors.
Still, if you’re seeking versatility and flexibility in how you earn and redeem, this is an ideal credit card to add to your wallet.