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Chase Freedom Unlimited®: Earn an Extra 1.5% Cash Back On Everything in the First Year or $20K Spent

+26 Deal Score
172,747 Views
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back with the Chase Freedom Unlimited® card. That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.

Card Details:
  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
  • Member FDIC

Read our review on the Chase Freedom Unlimited®

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Deal
Score
+26
172,747 Views
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.

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Joined Sep 2004
musicman40nj
> bubble2 1,912 Posts
327 Reputation
musicman40nj
03-04-2023 at 12:42 AM.
03-04-2023 at 12:42 AM.
I cannot believe all the thumbs ups as this has to be one of the worst sign up bonuses I have seen in a long time. If it doesn't make me at least $700-1000+ I am personally not going to take the hard pull and $700-1000+ I can get all day long. Also Hyatt is doing another devalue on points at the end of March so that is going to sting a bit.

This is an OK card to have combined with a Chase Sapphire Preferred or Reserve for the transfer to upvalue points but as far as being SLICK well there are a lot slicker card sign up bonuses. My wife just picked up 150,000 points with Amex Platinum that we are working on the 6 month spend and that is pretty slick compared to this.
2
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Joined Dec 2014
L2: Beginner
> bubble2 117 Posts
22 Reputation
everettedl
03-04-2023 at 11:49 PM.
03-04-2023 at 11:49 PM.
Quote from bluehippo :
Agreed. I'd take the regular $200 bonus over $300 bonus for $20000 spend any day. If I could spend $20000 why wouldn't I churn 5 other cards instead. You would have to spend so much that you're churning every possible card you can churn and still have leftover spending that is just going toward nothing that this would be helpful to get extra $100 out of.

You're right, but it depends on your situation. For me, I was just starting out with building my credit card portfolio, and wanted to start with Chase because of 5/24. Since I had several projects coming up, I figured this deal was the best way to go because many of the projects were urgent. I actually got denied initially and got approved by the reconsideration department. They started me out with a 3k limit, which wasn't enough to cover some of the projects. I then moved to the Flex and then the Preferred, which I am working on right now (I hate I missed the 80k window)

If I had to do it over again I might have started with the Sapphire Preferred, since it has a guaranteed higher minimum limit, but chase might not have approved me for that if it was my first card with them and I'm building my portfolio.
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Joined Dec 2014
L2: Beginner
> bubble2 117 Posts
22 Reputation
everettedl
03-05-2023 at 12:04 AM.
03-05-2023 at 12:04 AM.
By the way, this is a pretty common deal from what I've seen. Nerdwallet has had this deal at least since last April when I started looking around for credit cards. If it works for you, you can get up to 60k points for spending 20k. Even more of you use the multipliers. If you plan to spend 20k and you're just starting your credit card journey or rebuilding your credit (like I was), this isn't a bad way to start and there's no need to rush.

If you already have a number of cards and/or are established already, you can do much better for 20k spend.
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Joined Apr 2010
Chariot Archer
> bubble2 411 Posts
197 Reputation
AoeROR
03-05-2023 at 11:36 PM.
03-05-2023 at 11:36 PM.
don't forget 0% APR aka interest rate and balance transfer for the first 15 months, big deal.
Reply
Joined Sep 2003
L3: Novice
> bubble2 172 Posts
29 Reputation
naloxone
03-10-2023 at 04:05 AM.
03-10-2023 at 04:05 AM.
Quote from blahblahyoutoo :
why is this better than Citi double cash card @ 2%?
or is it not?
At base value, the 2% on the Double Cash is the better option for straight cashback with no games.

The best use for the Freedom Unlimited is to pair with the Sapphire Preferred or Reserve and roll the cash back over to the Sapphire's rewards points.
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Joined Dec 2010
L6: Expert
> bubble2 1,668 Posts
112 Reputation
matrix5k
03-11-2023 at 04:18 PM.
03-11-2023 at 04:18 PM.
Quote from twisted2cj :
Both are good cards but i love Chase transfer partners more so it's worth the chase points being 0.5% less.

Don't you need Sapphire card to transfer points to a partner airline?
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Joined Jan 2004
L6: Expert
> bubble2 1,039 Posts
70 Reputation
KSilver2000
03-22-2023 at 09:53 AM.
03-22-2023 at 09:53 AM.
Quote from matrix5k :
Don't you need Sapphire card to transfer points to a partner airline?
This is true. Unless you, or another member of the same house (whom transferring points to is allowed by Chase) also have a Sapphire Preferred or Reserve card, this Freedom Unlimited card will just provide cash rewards, and cannot be converted into points to transfer into airline/hotel reward programs.
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Joined Mar 2005
L3: Novice
> bubble2 129 Posts
73 Reputation
MightyBobo
04-11-2023 at 06:13 PM.
04-11-2023 at 06:13 PM.
Quote from richardho1588 :
You could downgrade your Chase Sapphire Reserve to the Chase Freedom Unlimited and then re-apply for the Chase Sapphire Reserve to get their current bonus which is currently 60,000 points.
Did this not long ago. Worked wonderfully. This also enabled me to take advantage of the $0 annual fee due to active military status, which my original card was just 2 months too early to apply for.
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Joined Nov 2017
Champion of Code and Pixe
> bubble2 55 Posts
10 Reputation
zeamp
04-16-2023 at 08:36 AM.
04-16-2023 at 08:36 AM.
Not sure if I'm going to love this more or less than my Starbucks Card when we get switched over...
Reply
Joined Oct 2008
L7: Teacher
> bubble2 2,364 Posts
65 Reputation
NoSleep007
04-17-2023 at 05:57 AM.
04-17-2023 at 05:57 AM.
There's many cards out there that earn at least 2% unlimited.
2
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Joined Dec 2007
L6: Expert
> bubble2 1,341 Posts
325 Reputation
illbirz
05-05-2023 at 10:55 AM.
05-05-2023 at 10:55 AM.
I am in need of a credit card for the wife, and want to get her one where it will help with family trips.

Chase sapphire has come ahead of all the other ones, with AA card a close second.

Can anyone advice on which is more slick and worth the annual fee, the preferred or the reserve?
Reply
Joined Jan 2015
New User
> bubble2 6 Posts
10 Reputation
KhoaB
05-10-2023 at 01:50 PM.
05-10-2023 at 01:50 PM.
bad deal unless you spend over 13k to get more than 200 extra cash back. Most credit cards offer extra 200 for spending 500-1000.
1
Reply
Joined Jun 2014
L6: Expert
> bubble2 1,866 Posts
267 Reputation
gorillatechman
05-11-2023 at 09:47 AM.
05-11-2023 at 09:47 AM.
I have a few different Chase cards including Freedom unlimited. I've had it for many years.

Mine mostly goes unused and I barely ever touch it these days.

1.5% cashback on everything is just not a good deal in 2023.
Reply
Joined Sep 2009
L10: Grand Master
> bubble2 15,320 Posts
4,338 Reputation
Knightshade
05-11-2023 at 10:11 AM.
05-11-2023 at 10:11 AM.
Quote from gorillatechman :
I have a few different Chase cards including Freedom unlimited. I've had it for many years.

Mine mostly goes unused and I barely ever touch it these days.

1.5% cashback on everything is just not a good deal in 2023.

Quote from KhoaB :
bad deal unless you spend over 13k to get more than 200 extra cash back. Most credit cards offer extra 200 for spending 500-1000.


You guys are both misunderstanding what the deal is.

it's not 1.5% cash back on everything for 20k of spend.


It's an extra 1.5x UR points on top of the normal reward points

This is pointed out in the very first post- it means for that 20k of spend you're getting 6.5x on travel through the UR portal... 4.5x on dining and drugstores, and 3x on everything else

And again, these are chase UR points, not merely cash.

So if you travel significantly you're going to be getting anywhere from 1.5-2.5 cents per point on the low end... to 4-8 cents a point on the high end.

Times the 3x, 4.5x or 6x earning multiplier.
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Joined Jul 2008
L5: Journeyman
> bubble2 640 Posts
100 Reputation
alanky
05-16-2023 at 03:34 AM.
05-16-2023 at 03:34 AM.
I had this card for a year and now offer is expiring and its back to a regular 1.5%. Is there a better card to use instead?
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