Chase Freedom Unlimited Card Review – NerdWallet (2023)

ÖFollow Freedom Unlimited®offers an attractive mix of valuable rewards, flexible redemption options, a long introductory period of 0% APR, and a sign-up bonus that's worth more than most cash back cards - all for an annual fee of$ 0.

ÖFollow Freedom Unlimited®Receive 3% off restaurant and pharmacy purchases, 5% on travel booked through Chase and 1.5% on other purchases. Put that together and you have a card that can actually make you money. And if you take other credit cards that also earnPontos Chase Ultimate Rewards®adds even more value.

But all of those different reward rates make the card more complicated than the competition, which offers a simpler 1.5% return on everything. Solution: do thatFollow Freedom Unlimited®a top-of-wallet card for every purchase, and you can safely earn those extra rewards without having to think too much about it.

That's why this card makes a compelling case for being a one-card solution among cash-back credit cards.

Follow Freedom Unlimited®: Basics

letter type:refund of the money.

Annual quota: $ 0.

Bonuses upon registration: Get an additional 1.5% on everything you buy (up to $20,000 spent in the first year), up to $300 back!(MONITORING: This offer is available when you sign up through NerdWallet. If you apply directly to Chase or through another website, you may not be eligible for this offer.)


  • 5% refund on trips purchased through Chase Ultimate Rewards®.

  • 3% back in restaurants, including qualified takeaway and delivery services.

  • 3% cashback on pharmacy purchases.

  • 5% back on eligible Lyft services purchased through the Lyft app through March 31, 2025.

  • 1.5% cashback on everything else.

🤓hey nerd

With the currently valid bonus offer atFollow Freedom Unlimited®NerdWallet increases the bonus rates listed above by 1.5% for the first $20,000 total spend within the first year. Categories that normally earn 5% cashback earn 6.5% instead. Categories that normally earn 3% cashback earn 4.5% instead. And all other purchases earn 3%.

Zinsrate: 0% introductory APR for 15 months on purchases and balance transfers, rolling thereafter 19.49% APR - 28.24% Variable APR.

Foreign transaction fee:3%.

(Video) How to Maximize your Chase Credit Card Points | NerdWallet

" FURTHER:Chase Freedom Unlimited Benefits

Pontos Chase Ultimate Rewards®

AlthoughFollow Freedom Unlimited®marketed as a cash back card, it really makes your spend worth itTrack Ultimate Rewards®Points. Points are worth one cent each when redeemed for cashback, giving you 1.5% or more cashback depending on the amount of your purchase. Points can also be redeemed for:

ÖFollow Freedom Unlimited®It's a great card on its own, but even better in combination with other cards that earn Chase Ultimate Rewards® points. More on that below.

" FURTHER:Chase Credit Cards Mobile App Review

Follow Freedom Unlimited®against Chase Freedom Flex

If you look at themFollow Freedom Unlimited®, it is easy to imagine how it compares to the similar nameChase Libertad Flex℠.

Both Freedom brand cards have an annual fee of$ 0, and both offer profitable ways to make money.

The choice mainly depends on the rewards: 5% rotating quarterly categories in theChase Libertad Flex℠o 1.5% "everything else" (instead of 1% everything else).Follow Freedom Unlimited®.

A short review:

  • Chase Libertad Flex℠:The 5% cashback is attractive but complicated. The cashback bonus is also capped at $1,500 per quarter before rolling back to 1% cashback. category activation required; all other purchases receive 1% cashback.

  • Follow Freedom Unlimited®:The 1.5% return on everything else is less exciting, but simpler and much more flexible.

Which is more valuable depends on how good the rotating bonus levels areChase Libertad Flex℠match your spending. It also depends on how much you spend in total. Heavy consumers can get 1.5% more value on everything else because it's unlimited.

🤓hey nerd

ÖFollow Freedom Unlimited®operates on the Visa payment network whileChase Libertad Flex℠is a Mastercard in terms of acceptance, it doesn't matter ifBring your Visa or Mastercard. But Visa and Mastercard offer a few different perks.

(Video) Chase Freedom Unlimited Review (2 Years Later)

The drop-down table below shows the differences in rewards between the two maps and the old one.Chase Freedom®, which is no longer accepting applications and has been effectively replaced by Chase Freedom Flex.

Click here to see the freedom cards side by side

Follow Freedom Unlimited®

Chase Libertad Flex℠

Chase Freedom®

Offer for new cardholders:

Get an additional 1.5% on everything you buy (up to $20,000 spent in the first year), up to $300 back!

Receive a $200 bonus after spending $500 on purchases within the first 3 months of account opening.

None: The card no longer accepts applications

Revolving bonus categories:


• 5% quarterly returnThe bonus categoryactive, up to $1,500 per quarter in spend.

Ongoing bonus categories:

• 5% cashback on trips purchased through Chase Ultimate Rewards®.

• 3% Cashback at restaurants including qualifying pickup and delivery.

• 3% cashback on pharmacy purchases.


Rewards for other purchases:

1,5 % Cashback

1% refund

1% refund

For more information on which of these Freedom credit cards is right for you,Check out our full comparison story.

why do you want themFollow Freedom Unlimited®

As a refund card is theFollow Freedom Unlimited®offers new cardholders lots of fun followed by continued high value at low cost. The best features include:

(Video) The new Chase Freedom Unlimited (60 Second review)

Potentially rich sign-up bonus

Unlike a standard credit card bonus that pays out a fixed amount when you reach a certain spending amount, the credit card bonus isFollow Freedom Unlimited®comes in the form of higher premium rates in the first year, which can really add up depending on your spend:Get an additional 1.5% on everything you buy (up to $20,000 spent in the first year), up to $300 back!(MONITORING: This offer is available when you sign up through NerdWallet. If you apply directly to Chase or through another website, you may not be eligible for this offer.)

Today, comparable no-fee cash back cards offer bonuses of around $200.Follow Freedom Unlimited®, you need to spend $13,333 or $1,111 per month for the first year.

Helpful bonus categories

The bonus reward categories are useful and profitable:

  • 3% back in restaurants, including qualified takeaway and delivery services.

  • 3% cashback on pharmacy purchases.

  • 5% refund on trips purchased through Chase Ultimate Rewards®.

  • 5% back on eligible Lyft services purchased through the Lyft app through March 31, 2025.

Restaurants and pharmacies are particularly useful reward categories for many households. Spend $3,000 per year in these categories combined and you will earn $90 per year.

And when you book travel through Chase, that 5% can quickly add up to expensive itineraries. For example, vacation trips that cost $6,000 will get $300 back.

1.5% on "everything else"

Credit cards with bonus categories like 3% off restaurants often offer 1% off "everything else." EITHERFollow Freedom Unlimited®offers 1.5% back on everything else.

While 0.5% more doesn't sound like much, it does add up for big spends as there's no limit. And many expensive expenses rarely fit neatly into typical bonus categories: think medical bills, car tires, and furnace repairs.

For those who spend a lot, say $5,000 a month on "everything else," add the additional 0.5% feeFollow Freedom Unlimited®means an additional $300 per year in cashback compared to your typical competitors.

" FURTHER:Which 1.5% Cash Back Credit Card Should You Choose?

Point transfers to maximize value

As Chase allows you to transfer your points between the maps they earn thatFollow Freedom Unlimited®It can be the cornerstone of a strategy to get the most value out of every dollar spent. If you have multiple chase cards, you can:

Earn more points by splitting your spending between this card and Chase Freedom Flex.When you use Chase Freedom Flex for purchases in the 5% bonus categories and theFollow Freedom Unlimited®for all other expenses, this would significantly increase your total premium income.

Get more value per point by transferring rewards to a card with high redemption values.Points earned with this card are usually worth one cent each. But several Chase cards offer more value per point when you use them to book travel through Chase's Expedia-powered online portal:

  • IfTarjeta Chase Sapphire Preferred®It is inInk Business Preferred® credit card, each point is worth 1.25 cents when redeemed for rides through Chase.

    (Video) How to Make Money Online With the NerdWallet Method (2023)

  • IfReserva Chase Sapphire®, Points are worth 1.5 cents each when redeemed for rides on Chase.

These three cards also allow you to transfer points at a 1:1 ratio to about a dozen airline and hotel loyalty programs, including United Airlines, Southwest Airlines, JetBlue, Marriott, and Hyatt. Depending on how you use the transferred points, you can get even more value.

" FURTHER:What is the Chase trifecta?

disadvantages ofFollow Freedom Unlimited®

It's complicated

The 1.5% flat rate is easy to understand, but the mix of premium rates across other spend categories is impressive, especially for cash back lovers who value simplicity. add to extra1.5% in the first year, and it gets even more interesting.

If you don't want to be burdened with a rewards cheat sheet for getting the most out of a credit card and are only interested in cash back rewards, you don't necessarily need to check out Chase Ultimate Rewards®, whichCiti® Double Cash CardIt is one of the best fixed price cards on the market. It offers 2% cashback: 1% cashback for every dollar spent and 1% cashback for every dollar paid, and not just for a limited time.

is the choice forBefriediger– People who are happy to settle for a good-enough option without regret.

" FURTHER:Credit cards that earn 2% cashback or more on purchases

Best available rates in specific categories

Cards with reward bonus categories are most valuable when you spend a significant amount of money in those categories.

Alternative options include:

  • ÖTarjeta American Express Blue Cash Preferred®pays 6% cashback at US grocery stores on spend up to $6,000 per year (i.e. 1%), plus 6% on select US streaming subscriptions, 3% at US gas stations.verPrices and Fees). But it comes at a price: A$0 introductory annual fee for the first year, $95 thereafter.Applicable Terms. This is an ideal card for those who spend a lot on purchases.

  • ÖPersonalized Bank of America® Cash Rewards credit cardPay 3% on your choice of category (Gas, Online Shopping, Dining, Travel, Pharmacy or Home Improvement/Furniture) and 2% in grocery stores and wholesale clubs, up to $2,500 on your choice of combo/grocery/club category Wholesale Household Spend per quarter. All other expenses earn 1% cashback.

You can learn more about how this cashback credit card compares to the competition by visiting our list ofGet the best credit cards.

Follow Freedom Unlimited®: Is it worth buying?

ÖFollow Freedom Unlimited®is a great deal for consumers, especially those who already have itTarjeta Chase Sapphire Preferred®ÖReserva Chase Sapphire®.

It comes with a potentially rich signup offer, helpful bonus reward categories, and plenty of options to earn rewards. It's not as basic as a flat rate cashback card, but its versatility and value make it a solid option.

" FURTHER:Best NerdWallet Cashback Cards

To see the prices and prices of theTarjeta American Express Blue Cash Preferred®, verthis page.

(Video) Wells Fargo Active Cash: Best Credit Card for Simple Cash Back | NerdWallet Best Of Awards 2022


Is Chase Freedom Unlimited hard to get? ›

The Chase Freedom Unlimited card is fairly hard to get because you need good to excellent credit to qualify for it, which is a credit score of 700 or better. Applicants for Chase Freedom Unlimited will also need an annual income that demonstrates an ability to make at least the card's minimum payment every month.

What credit score do you need for Chase Freedom Unlimited card? ›

Is Chase Freedom Unlimited hard to get? You'll need good to excellent credit to qualify for the Chase Freedom Unlimited®. Generally speaking, this is defined as a credit score of 690 or better.

Which card is better Chase Sapphire or Freedom Unlimited? ›

Chase Freedom Unlimited is better for everyday use and intro APRs. But Chase Sapphire Preferred is the clear choice for travel rewards and a big initial bonus. Sapphire Preferred also has a $0 foreign transaction fee, while Freedom Unlimited charges 3% of each transaction in U.S. dollars.

What is the highest credit limit for Chase Freedom Unlimited? ›

The lowest limit reported by users is $500, while the highest is over $30,000. Your chances for approval for the Chase Freedom Unlimited card are good with a decent credit score.

Is Chase Freedom Unlimited a metal card? ›

No, the Chase Freedom Unlimited card is not metal, it is made of plastic. Chase Freedom Unlimited makeup and design are standard for all cardholders. Chase currently issues only two metal cards, the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® card.

Why was a declined for Chase Freedom Unlimited? ›

You Chase Freedom Unlimited® could be denied because of a low credit score (below 700), not enough annual income, or too many recent credit inquiries. Other grounds for denial could be incomplete or inaccurate information on the application, or a pending bankruptcy on your credit report.


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