Frontpage Deal
Chase Discounts, Deals and Coupon Codes

Chase Freedom Unlimited Credit Card: Bonus after $500 Spent

ranjanrocks 1,647 395 April 1, 2016 at 06:11 PM in Credit Cards (3) More Chase Deals
Deal
Score
+516
681,960 Views
Apply Now
$150 Bonus

Deal Details

Promoted 04-07-2016 by brisar at 11:33 AM View Original Post
Chase Freedom Unlimited is offering a $150 Bonus after your spend $500 or More (on purchases within the first 3-months of your account opening) + 1.5% Unlimited Cash Back on every purchase. Thanks ranjanrocks

Note, the disclosure about limitations on who will receive the $150 bonus only refers to current Freedom Unlimited customers. Freedom and Freedom Unlimited are two different products in the Chase ecosystem.
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 14.24-23.24%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Redeem for cash - any amount, anytime
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee.
Slickdeals may be compensated by Chase.

Editor's Notes & Price Research

Written by brisar

Please refer to the terms & conditions for more information. There are no annual fees on this credit card - Discombobulated

Original Post

Edited September 8, 2016 at 01:06 PM by Bri21
UNLIMITED CASH BACK

1.5% UNLIMITED CASH BACK EARN UNLIMITED 1.5% CASH BACK
on every purchase. It's automatic!* REDEEM FOR CASH BACK - ANY AMOUNT, ANYTIME
and your Cash Back rewards do not expire as long as your
account is open.*
NEW CARDMEMBER BONUS

$150 BONUS EARN A $150 BONUS after you spend $500 on purchases
in your first 3 months from account opening.* EARN A $25 BONUS when you add your first authorized
user and make your first purchase within this same
3-month period.*

https://creditcards.chase.com/a1/freedom-unlimited

You can always combine UR points with other chase cards like INK/Saphire for even better redemption laugh out loud

I am not sure if previous freedom owners are eligible for the bonus shake head feel free to chime in...

Below are the terms of the offer...

$150 Bonus
This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months

For folks with CSP/Ink, this is a GREAT addition, no other chase cards gives you 1.5 UR points/$ it's an amazing everyday card...
If you take advantage of an offer on our site, Slickdeals may receive a commission.
About the OP
Give Rep Send Message
Joined Nov 2011 L6: Expert
395 Reputation Points
35 Deals Posted
382 Votes Submitted
1,647 Comments Posted

Community Wiki

Last Edited by FrozenBiker June 20, 2016 at 07:22 AM
1.5% "Cashback" really means 1.5 UR (chase ultimate rewards) points per dollar of spend. With only a non-premium UR earning card, these are generally worth 1 cent per point, which is where the 1.5% comes from.

If you pair this with a 'premium' UR card (currently the Chase Sapphire Preferred or Chase Ink Plus cards), these can be transferred to the premium card. These points are much more valuable. Many travel sites value these at over 2 cents per point. This effectively turns this card into a 3% travel rewards card, provided you redeem them for travel worth 2 cents per point.


When used only as a cashback card:

No comparable cashback cards are giving a bonus of $150 for a small spend of $500.

Citi 2% Card gives you ZERO sign up bonus, so here is the math with citi double cash card.

Spend $30k/annum

Apply for Citi double cash card:

2% CB on everything : Cashback earned-- $600

Apply for Chase freedom unlimited:

1.5% CB on everything : Cashback earned-- $450

One time bonus -- $150

Total cashback= $625

Even with a spend over $30k, freedom unlimited comes ahead! You can do similar math for Discover IT or Quicksilver cards before you go ahead and apply for a cashback card.

Note: Freedom Unlimited vs any double cashback only comes out ahead during first year. If you plan on keeping longer and continue to use as primary card, you start losing out to double cashback. Using the above example for 2 years. $1075 for Freedom Unlimited vs Citi Double Cashback of $1200.

Remember, if you do have Chase Saphire or Ink, the 45k UR points you earn on the 30k spend i mentioned above is well worth over $750 if you redeem for travel...
Want more deals like this? Create a deal alert for Credit Cards. Add Deal Alert for Credit Cards
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

1,222 Comments

1 2 3 4 5

Featured Comments

For some, the 1.5% back isn't just about the cash, it's Ultimate Reward points, which has higher value to those that know how to use it. The regular Freedom with the catagories isn't going anywhere, this is a separate product. I own both and have been using the 1.5% one for over a week already when I PCed a regular Sapphire card.
sorry but this card seems pointless.
1.5% CB seems mehhh...

CapitolOne quicksilver has had 1.5% unlimited CB for a while. No fee.

Citi Double Cash has 2% unlimited CB. No fee.

Discover IT also has categories like freedom so getting rid of Freedom means ppl will rely more on Discover than this card.

New Citi Costco card also has some good CB.
Not even remotely pointless--also it's not necessarily 1.5% CB. It's 1.5 Ultimate Rewards points that can be worth much more than 2% cashback on travel. Pair it with CSP or Ink+ and this is a killer card.

Sign up for a Slickdeals account to remove this ad.

#4
Is this a hint that they are going to eventually phase out the 5% revolving categories?
Reply Helpful Comment? 6 2
#5
Quote from ionizer View Post :
Is this a hint that they are going to eventually phase out the 5% revolving categories?
soon enough
Reply Helpful Comment? 1 1
#6
sorry but this card seems pointless.
1.5% CB seems mehhh...

CapitolOne quicksilver has had 1.5% unlimited CB for a while. No fee.

Citi Double Cash has 2% unlimited CB. No fee.

Discover IT also has categories like freedom so getting rid of Freedom means ppl will rely more on Discover than this card.

New Citi Costco card also has some good CB.
Reply Helpful Comment? 26 17
Joined Oct 2007
I'm frugal, not cheap
1,332 Posts
912 Reputation
#7
Quote from ionizer View Post :
Is this a hint that they are going to eventually phase out the 5% revolving categories?
It's a totally different product than the regular category spend Freedom. I don't predict they'll be dropping the regular one in place of this one. Discover's last quarter in 2015 was 5% back at Amazon, plus most people got in on the double cash back. Freedom also was 5% back but lacked the doubling part, towards the end of the quarter they announced you got 10% back, which they have never done. I think this has a lot to do with Discover being very aggressive at getting people to use their cars over Freedom's, and Freedom responded.
Reply Helpful Comment? 5 0
Joined Oct 2007
I'm frugal, not cheap
1,332 Posts
912 Reputation
#8
Quote from Geronemo3 View Post :
sorry but this card seems pointless.
1.5% CB seems mehhh...

CapitolOne quicksilver has had 1.5% unlimited CB for a while. No fee.

Citi Double Cash has 2% unlimited CB. No fee.

Discover IT also has categories like freedom so getting rid of Freedom means ppl will rely more on Discover than this card.

New Citi Costco card also has some good CB.
For some, the 1.5% back isn't just about the cash, it's Ultimate Reward points, which has higher value to those that know how to use it. The regular Freedom with the catagories isn't going anywhere, this is a separate product. I own both and have been using the 1.5% one for over a week already when I PCed a regular Sapphire card.
Reply Helpful Comment? 13 1
#9
Quote from JackBurton View Post :
For some, the 1.5% back isn't just about the cash, it's Ultimate Reward points, which has higher value to those that know how to use it. The regular Freedom with the catagories isn't going anywhere, this is a separate product. I own both and have been using the 1.5% one for over a week already when I PCed a regular Sapphire card.
did you get any bonus for PCing your card to this one? I have 2 chase freedoms because I PC'd my chase sapphire preferred last year and I'm debating PCing one of the freedoms to the freedom ultimate or just opening another card
Reply Helpful Comment? 0 0
Joined Oct 2007
I'm frugal, not cheap
1,332 Posts
912 Reputation
#10
Quote from mmikeee View Post :
did you get any bonus for PCing your card to this one? I have 2 chase freedoms because I PC'd my chase sapphire preferred last year and I'm debating PCing one of the freedoms to the freedom ultimate or just opening another card

No bonus but the account number stayed the same, they just issued a new card with a new exp date/security code. The nice thing about doing this is you won't be dinged for opening a new account in case you'd like to get the Sapphire Preferred bonus again later. Chase has that pesky 5/24 rule now where pcing is sometimes better than a new credit line. I kept my credit line and everything, and this was going from CSP to CS to Freedom unlimited. I should be eligible for the CSP bonus again later this year.
Reply Helpful Comment? 2 0
Last edited by JackBurton April 1, 2016 at 06:52 PM

Sign up for a Slickdeals account to remove this ad.

#11
Quote from JackBurton View Post :
No bonus but the account number stayed the same, they just issued a new card with a new exp date/security code. The nice thing about doing this is you won't be dinged for opening a new account in case you'd like to get the Sapphire Preferred bonus again later. Chase has that pesky 5/24 rule now where pcing is sometimes better than a new credit line. I kept my credit line and everything, and this was going from CSP to CS to Freedom unlimited. I should be eligible for the CSP bonus again later this year.
sweet thanks. Yeah I have a bunch of points sitting waiting for when I open up another CSP next year
Reply Helpful Comment? 0 0
#12
I have 3 Freedom cards and messaged Chase to switch my main Freedom card to the unlimited. They have but of course I didn't qualify for the sign up bonus. I rarely used their 5% quarterly categories so was happy with the extra 1/2 %. I still have my 2 other Freedom cards if I need to shop the categories since you can combine the rewards..

Only thing with Chase is there aren't many promotions for current card holders like you see with American Express and Discover.
Reply Helpful Comment? 3 0
Joined Oct 2007
I'm frugal, not cheap
1,332 Posts
912 Reputation
#13
Quote from just123me View Post :
I have 3 Freedom cards and messaged Chase to switch my main Freedom card to the unlimited. They have but of course I didn't qualify for the sign up bonus. I rarely used their 5% quarterly categories so was happy with the extra 1/2 %. I still have my 2 other Freedom cards if I need to shop the categories.

Only thing with Chase is there aren't many promotions for current card holders like you see with American Express and Discover.
They must have felt the burn in the last quarter of 2015 when Discover was doing the same 5% back at Amazon they were, but also had the double cash back making it a 10% category. Chase offered an additional 5% with a month left, they wouldn't do that if they weren't feeling the pressure from Discover.
Reply Helpful Comment? 1 0
#14
Quote from Geronemo3 View Post :
sorry but this card seems pointless.
1.5% CB seems mehhh...

CapitolOne quicksilver has had 1.5% unlimited CB for a while. No fee.

Citi Double Cash has 2% unlimited CB. No fee.

Discover IT also has categories like freedom so getting rid of Freedom means ppl will rely more on Discover than this card.

New Citi Costco card also has some good CB.
Not even remotely pointless--also it's not necessarily 1.5% CB. It's 1.5 Ultimate Rewards points that can be worth much more than 2% cashback on travel. Pair it with CSP or Ink+ and this is a killer card.
Reply Helpful Comment? 6 1
#15
Can someone provide me link or info about why ultimate rewards are worth more? Isnt UR whats on my chase freedom now?
Reply Helpful Comment? 0 0
Page 1 of 82
1 2 3 4 5
Join the Conversation
Add a Comment
 
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)  •  Interest-Based Ads
Link Copied to Clipboard