Card Rating is based on the opinion of TPG's editors and is not influenced by the card issuer.
If you're new to points, then this is the perfect beginner card. Approval is relatively easy and the card helps you build a relationship with Chase so you can eventually get some of the issuer’s more valuable cards, such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve (truthfully, it is even a great card for experts as well). With a relatively manageable $200 bonus after spending $500 in their first three months, if you already have another Chase card that earns Ultimate rewards, you can transfer your earnings into points.
At least 1.5% back on every purchase, with up to 5% or 3% back on select categories.
There is no annual fee.
Perfect for everyday, non-bonused spending.
Has incredible value when paired with a premium Chase card.
There is a 3% foreign transaction fee so the card shouldn't be used abroad.
Limited card perks and benefits.
Who is this card good for?
If you’re just starting out with credit cards and want to build up valuable travel points quickly, the Freedom Unlimited card is a great place to start. The card is a great card for everyday, non-bonus spending and can provide incredible value when paired with a premium Chase card.
This card is a great overall cash back option. You’ll now earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year. Plus, 5% back on travel booked through Ultimate Rewards, 3% back on dining, 3% at drugstores, along with 1.5% back on all other purchases. Thanks to Chase’s partnership with Lyft, you can also earn 5% cash back on Lyft rides paid for with the Freedom Unlimited (through March 2022).
Frequently asked questions
Why pick the Chase Freedom Unlimited card?
The Chase Freedom Unlimited comes with no annual fee was, while it is still able to earn some of the best cashback rates around. If you ever decide you are ready to jump up to a Ultimate Rewards earning card, you can use this card to earn Ultimate Rewards instead of cashback.
How do you redeem cash back with the Chase Freedom Unlimited card?
You can redeem cash back as a statement credit or through the Ultimate Rewards Portal where you can redeem cash back for travel, shopping at Amazon.com or buying gift cards.
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Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.