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Just switched my Chase Freedom over to the Chase Freedom Unlimited 1.5% cash back on everything

just123me 5,206 1,099 March 31, 2016 at 03:37 PM
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Last Edited by just123me March 31, 2016 at 03:39 PM
I saw an ad for the Chase Freedom Unlimited and saw that it offered 1.5% cash back on all purchases. You would no longer qualify for the quarterly 5% cash back categories though.

This card if perfect for me since I rarely make any purchases in the Freedom's quarterly categories. I'd prefer just to get the 1.5% back on all purchases.

I contacted Chase through their Messaging System and they wrote back asking me to confirm the switch before they do it. I have 3 Freedom cards but switched my main Freedom over to the Unlimited. I use that card for pretty much all purchases. There is also no minimum of when you can use your Ultimate rewards.

That way I can still use one of the quarterly categories on one of my other Freedom cards and combine the Untimate Rewards if need be.

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Joined Jan 2006
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#2
I use my Citi 2% card for any purchases that don't earn me bonuses via other cards.
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As the username says ...
#3
I concur with previous poster, why switch to a 1.5% card when there is a bunch of 2% cards out there?

I don't believe the chase unlimited points can be tranferred to travel partners, can they?
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#4
Already have a better daily card in FIA Fidelity Amex. 5% bonus is the only reason I keep the Chase freedom. I also personally find that it is harder to cash out chase points as compared to the fidelity card or ever discover points.
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#5
Quote from bta15 View Post :
I concur with previous poster, why switch to a 1.5% card when there is a bunch of 2% cards out there?

I don't believe the chase unlimited points can be tranferred to travel partners, can they?
Only if you have another chase card attached to the same account, Sapphire or Ink business. Then you can transfer to travel partners.
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#6
Quote from xxdexstarxx View Post :
Only if you have another chase card attached to the same account, Sapphire or Ink business. Then you can transfer to travel partners.
You are right, I did a lil research myself and if you have CSP or Ink you can xfer to travel partners.

So if you can get at least 1.333 cent per point value from travel partners on the 1.5 points/dollar you are essentially getting 2% value.

Getting 1.333 cents per point is not difficult through hyatt and british airways.
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#7
I was logging into the Credit Karma website this morning and noticed a big ad on the front page, with a link to apply online, might wanna check that one out if you don't want to bother calling
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#8
The only purpose of the Freedom is the 5% categories. 1.5% is useless.

Discover is currently giving 2% on everything for a year, plus 10% on rotating categories, thanks to the doubling cashback bonus for the first year you sign up.

There are multiple 2% cash back cards by default.

There are other 1.5% cashback cards.

Giving away the 5% rotating categories on the freedom is just silly.

Quote from bta15 View Post :
You are right, I did a lil research myself and if you have CSP or Ink you can xfer to travel partners.

So if you can get at least 1.333 cent per point value from travel partners on the 1.5 points/dollar you are essentially getting 2% value.

Getting 1.333 cents per point is not difficult through hyatt and british airways.
So in order to get 2% you have to book at overpriced hotels/airlines, thus spending dramatically more than you got back in that extra .5% cashback. Instead, you could have had a 2% on everything card while booking on any airline or any hotel or through any deal site. How exactly is that a slickdeal?
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Last edited by Shadar April 5, 2016 at 07:20 AM

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#9
Quote from Shadar View Post :
So in order to get 2% you have to book at overpriced hotels/airlines, thus spending dramatically more than you got back in that extra .5% cashback. Instead, you could have had a 2% on everything card while booking on any airline or any hotel or through any deal site. How exactly is that a slickdeal?
You don't get the same value from 2%. For example I recently booked a $500 RT ticket to Hawaii on AS by transferring 25k UR to BA. In order to attain those 25k UR I would have had to spend $16.6k on the new Chase Freedom Unlimited. On a traditional 2% card I would have had to spend $25k to buy a $500 ticket (50% more).

Another example, recently rented a hyatt hotel room going for $150 a night by tranferring 8k UR to hyatt. To attain those 8k UR I would have to spend $5.5k with Chase Freedom Unlimited while I would have to spend $7500 with a 2% card.

I agree this only makes sense if you travel semi-frequently. For many a straight 2% cashback card makes the most sense, but in a lot of cases it does not.
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#10
Quote from bta15 View Post :
You don't get the same value from 2%. For example I recently booked a $500 RT ticket to Hawaii on AS by transferring 25k UR to BA. In order to attain those 25k UR I would have had to spend $16.6k on the new Chase Freedom Unlimited. On a traditional 2% card I would have had to spend $25k to buy a $500 ticket (50% more).

Another example, recently rented a hyatt hotel room going for $150 a night by tranferring 8k UR to hyatt. To attain those 8k UR I would have to spend $5.5k with Chase Freedom Unlimited while I would have to spend $7500 with a 2% card.

I agree this only makes sense if you travel semi-frequently. For many a straight 2% cashback card makes the most sense, but in a lot of cases it does not.
I guess my point was, yeah, it might make sense if you stay at Hyatt... or fly that specific airline. But if you spend $2000 less, which is ~$40 worth of cashback saved... you could stay at a Quality in for $85 instead and come out $25 ahead still.

I have not stayed at a Hyatt in 15+ years, nor ever flown that airline. They are dramatically overpriced for my purposes or most peoples purposes, especially those looking for slickdeals. If you personally require that "level" of room, then it's a good deal for you sure. But I can't imagine a large percentage of people fit into the niche of wanting a higher end hotel, not using 5% categories much, not using discover deals much, etc and still bargain shopping to save every last penny (slickdeals).

But I can't argue that for those that fit that small subset, it's good they know there is a way to save a bit more Smilie I'd just suggest opening a 2nd card, not removing the freedom card to get the new freedom card.
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#11
Since I have 6% amex and 3% Visa card on groceries and 2% MC on everything else, I opted to keep my Freedom card since I have more use for the rotating 5% categories. I have 4 Freedom cards that I max out each quarter and then transfer them all to my Ink+ then to travel partners for greater value.
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