How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
|
Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
|
American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Chase Freedom Unlimited® Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
4.6
Chase Freedom Unlimited<sup>®</sup>
Sign-Up Bonus
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. That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.
Introductory APR
0% Intro APR on Purchases for 15 months and 0% Intro APR on Balance Transfers for 15 months
Regular APR
20.49% – 29.24% Variable
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Our take: The Chase Freedom Unlimited® earns flexible, easy-to-use points at a solid ongoing rewards rate, plus a few bonus categories, all for no annual fee.

Is the Chase Freedom Unlimited® a good credit card?

Looking for a great flat-rate cash back card, but don’t want to give up bonus spend categories entirely? You can enjoy the best of both worlds with the Chase Freedom Unlimited® card. It is a solid choice for most situations, offering a minimum 1.5% rewards rate on all purchases, with the potential to earn additional points in a few select categories, including dining and drugstores. The combination of elevated flat-rate cash back plus limited bonus categories make it one of the highest earning no-annual-fee cards on the market.

Besides its earning potential, the Chase Freedom Unlimited® comes with decent travel and purchase protections, plus the ability to synergize with other Ultimate Rewards-earning cards to increase its rewards value. To top things off, the card is currently offering both a generous sign-up bonus and an introductory APR on both purchases and balance transfers.

Pros and cons

  • $0 annual fee
  • Generous sign-up bonus
  • Earns at least 1.5% on all purchases
  • Points are flexible and easy to redeem
  • Transfer points to other Chase Ultimate Rewards® cards
  • Good intro APR on purchases and balance transfers
  • Decent travel and purchase protections
  • Charges foreign transaction fees
  • Requires Good/Excellent credit
  • Limited bonus spend categories

Quick facts

    • 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
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720 850
    Good/Excellent
  • Purchase protection
  • Extended warranty protection
  • Free access to FICO® Score
  • Fraud protection
  • Zero-liability protection

Intro Purchase APR

0% Intro APR on Purchases for 15 months

Regular Purchase APR

20.49% – 29.24% Variable

Intro BT APR

0% Intro APR on Balance Transfers for 15 months

Regular BT APR

20.49% – 29.24% Variable

Annual Fee

$0

Cash Advance Fee

Either $10 or 5% of the amount of each transaction, whichever is greater

Foreign Transaction Fee

3% of each transaction in U.S. dollars

Balance Transfer Fee

Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. Then, either $5 or 5% of the amount of each transfer, whichever is greater.

Benefits of the Chase Freedom Unlimited

  • Sign-up bonus

    The Chase Freedom Unlimited® card offers an excellent sign-up bonus. Currently, you can 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. That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.

    This is difficult to beat among cash back cards with no annual fee.

  • One of the highest earning cash back cards

    The Chase Freedom Unlimited® card combines solid flat-rate rewards with some select bonus categories, allowing it to earn you a great overall return. Enjoy 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; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases.

    There are no spending caps for the 5% and 3% earning rates. We estimate that most consumers will receive a 2.0% overall return, based on typical consumer spending patterns.

  • Points are flexible and easy to redeem

    While the Chase Freedom Unlimited® is billed as a cash back card, it earns Chase Ultimate Rewards® points, which are extraordinarily flexible and valuable. Not only can you redeem your points for cash back at a rate of $0.01 per 1 point, but you can also redeem points for a variety of other rewards, including gift cards and travel.

  • You can transfer points to some Ultimate Rewards cards

    If you have multiple Chase credit cards that earn Ultimate Rewards points, you can potentially get even more value out of the rewards you earn with the Chase Freedom Unlimited® card. By transferring points to cards such as the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, you can unlock even more value by using the points at 1.25 cents each by booking with Chase Travel℠. Alternatively, you can transfer points to one of several travel partners.

    The ability to combine points with other cards to open up better redemption options make the Chase Freedom Unlimited® a great complement to premium Chase credit cards.

  • Good intro APR on purchases and balance transfers

    If you are currently carrying a balance, or plan to make a large purchase, the Chase Freedom Unlimited® card offers a 0% Intro APR on Purchases for 15 months and a 0% Intro APR on Balance Transfers for 15 months. After the intro period, a 20.49% – 29.24% Variable APR will apply. This is an above-average introductory APR, although there are cards that offer an even longer 0% intro period.

  • Good travel and purchase protections

    For a no-annual-fee card, the Chase Freedom Unlimited® benefits are solid. You enjoy a nice set of both purchase protection and travel perks. These benefits aren’t as strong as those of a more premium travel card, such as the Chase Sapphire Preferred® Card, but they are sufficient for many situations.

    • Extended warranty: Purchase any item with your card that has an eligible manufacturer’s warranty of three years or less and enjoy an additional year of coverage.
    • Purchase protection: Eligible new purchases made using your card are covered for 120 days against damage or theft. Coverage is up to $500 per item.
    • Rental car insurance: Pay for your rental car using your Chase Freedom Unlimited® and enjoy a collision damage waiver. You must decline the collision coverage offered by the rental agency. Within your country of residence, coverage is secondary to personal auto insurance. However, the coverage becomes primary when abroad.
    • Trip cancellation/interruption insurance: Eligible prepaid, non-refundable fares purchased using your card are covered in the event your trip is canceled or cut short due to illness, severe weather and other situations. Get up to $1,500 per person, and up to $6,000 per trip.

    For full details, terms and exclusions of all the Chase Freedom Unlimited® benefits, consult the card’s Guide to Benefits.

Drawbacks of the Chase Freedom Unlimited®

Alternatives to the Chase Freedom Unlimited®

Chase Freedom Unlimited® vs. Chase Freedom Flex℠

| Disclosures
Chase Freedom Flex℠*
Chase Freedom Flex℠
Learn More
on Chase's secure site
0% Intro APR on Purchases for 15 months
20.49% - 29.24% Variable
$0
5% cash back on up to $1,500 in combined purchases in bonus
  • Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. Plus, earn 5% cash back on grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 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
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% 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!
  • 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 Flex℠ 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.
660 720 850
Good/Excellent
*The information related to the Chase Freedom Flex℠ has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

If you want the opportunity to earn an elevated cash back rate in a broader range of rotating categories, the Chase Freedom Flex℠ card may be a better fit. You’ll earn cash back in a variety of categories that rotate each quarter: 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! Plus, earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.

The Chase Freedom Flex℠ card retains the same elevated earning in select spending categories as the Chase Freedom Unlimited®, including dining and drugstore purchases and Chase Travel℠. It also features a valuable sign-up bonus offer. The main downside is that you’ll have to remember to activate the categories each quarter. Otherwise, you’ll earn just 1% on these categories.

Chase Freedom Unlimited® vs. Chase Sapphire Preferred® Card

| Disclosures
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
apply-now-icon Apply Now
on Chase's secure site
N/A
21.49%–28.49% variable
$95
Enjoy benefits such as 5x on travel purchased through Chase Ultimate Rewards®, 3x
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, and $50 annual Ultimate Rewards Hotel Credit, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
  • Member FDIC
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

The Chase Sapphire Preferred® Card card is a better choice if you’re looking for a more travel-centric card and don’t mind paying a $95 annual fee. It lets you Enjoy benefits such as 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, and $50 annual Ultimate Rewards Hotel Credit, plus more. It also features a fantastic sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

The travel perks are what set the Chase Sapphire Preferred® Card apart from the Chase Freedom Unlimited®. First, your points are worth 25% more when redeemed through Chase Travel℠. You can transfer those points to more than 10 travel partners. The insurance coverage is also better, including primary auto collision damage waiver, baggage delay insurance and trip delay insurance, in addition to the coverage benefits offered by the Chase Freedom Unlimited®. It also doesn’t charge foreign transaction fees.

Chase Freedom Unlimited® vs. Wells Fargo Active Cash® Card

| Disclosures
Wells Fargo Active Cash® Card*
Wells Fargo Active Cash® Card
Learn More
on Wells Fargo's secure site
0% intro APR for 15 months from account opening
20.24%, 25.24%, or 29.99% Variable APR
$0
Earn unlimited 2% cash rewards on purchases
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
  • Earn unlimited 2% cash rewards on purchases.
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
  • $0 annual fee.
  • No categories to track or remember and cash rewards don't expire as long as your account remains open.
  • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
660 720 850
Good/Excellent
*The information related to the Wells Fargo Active Cash® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

If you don’t spend much on dining, at drugstore or on travel, the Wells Fargo Active Cash® Card is likely a better no-annual-fee card. It’s a card for those who value simplicity — it lets you earn unlimited 2% cash rewards on purchases. There is no spending cap or bonus categories. You also don’t have to worry about quarterly activations.

The card also offers a 0% intro APR for 15 months from account opening on qualifying balance transfers (followed by a 20.24%, 25.24%, or 29.99% Variable APR), equivalent to what the Chase Freedom Unlimited® offers. You can also earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.

Is the Chase Freedom Unlimited® right for you?

The Chase Freedom Unlimited® is a great option for those who want to earn a high rate of cash back rate in popular spending categories as well as general purchases. But if you want the opportunity to earn an elevated rewards rate in categories that rotate quarterly — and don’t mind activating bonus categories or keeping track of spending limits each quarter — the Chase Freedom Flex℠ may be a better fit.

If neither Freedom card works for you, Chase offers many other great cards that fit a variety of lifestyles.

apply-now-icon Apply Now
on Chase's secure site

Frequently asked questions

Yes, the Chase Freedom Unlimited® charges foreign transaction fees in the amount of 3% of each transaction in U.S. dollars.

You need a Good/Excellent credit score to be approved for the Chase Freedom Unlimited®. This is a FICO Score of 660 or higher.

The Chase Freedom Unlimited® does offer rental car insurance that covers theft and collision damage. However, coverage is secondary to your personal auto insurance within your country of residence. Coverage is primary for rentals outside your country of residence.

You need Good/Excellent credit to qualify for the Chase Freedom Unlimited®. Also be aware of the Chase 5/24 rule, which applies to this card. See this guide to Chase credit cards if you’re unfamiliar with the 5/24 rule.

Your credit limit will be at least $500, if approved for the Visa Platinum version of the card. If you are approved for a Visa Signature account, your credit limit will be at least $5,000.

Yes, you can have both the Chase Freedom Flex℠ and Chase Freedom Unlimited® cards at the same time.

If you have a premium Chase Ultimate Rewards® credit card, such as the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, you can transfer your Ultimate Rewards points to that card’s Ultimate Rewards account. From there, you can transfer them to travel partners.

No, as long as your account remains open. If your account is closed, you will immediately lose all Ultimate Rewards points for that card account.

The information related to the Chase Freedom Flex℠ and Wells Fargo Active Cash® Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.