• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Credit Card and banking reviews

AllCards.com

Credit Cards, Banking, and Cash Back

  • Best Credit Cards
    • Best Overall Credit Cards
    • Interest Free Credit Cards
    • Balance Transfer Credit Cards
    • Small Business Credit Cards
    • Secured Credit Cards
    • Student Credit Cards
    • Metal Credit Cards
  • Cash Back Cards
    • Credit Card Signup Bonuses
    • Best Business Credit Card Signup Bonuses
    • Groceries
    • Streaming Services
    • Best for Everyday Spending
  • Cards by FICO Score
    • 500 – 600
    • 600 – 650
    • 650 – 700
    • 700 to 750
  • Compare Cards
    • Ink Business Cash vs. Ink Business Unlimited
    • Chase Sapphire Preferred vs. The Amex Platinum Card
    • Citi® Double Cash vs. Discover It
    • Chase Sapphire Preferred vs. Blue Cash Preferred
    • Citi Double Cash vs. Citi Custom Cash
    • Ink Business Cash vs. Ink Business Premier
    • Capital One Venture vs. Capital One Quicksilver
    • Chase Freedom Unlimited vs. Chase Sapphire Preferred
    • Citi Custom Cash vs. Discover It
    • Citi Custom Cash vs. Blue Cash Everyday
  • Banking
    • Banks
    • Best Interest Rates
    • Savings Accounts
    • Money Market Accounts
    • Free Checking Accounts
    • High Yield Checking Accounts
    • Business Checking Accounts
    • Bank Accounts for Kids & Teens
    • Best Online Banks
    • Best Bank Bonuses
    • Money Market Funds
  • Bank CD Rates
    • No-Penalty CD Rates
    • 3-Month CD Rates
    • 6-Month CD Rates
    • 1-Year CD Rates
    • 18-Month CD Rates
    • 2-Year CD Rates
    • 3-Year CD Rates
    • 4-Year CD Rates
    • 5-Year CD Rates
  • Calculators
    • Emergency Fund Calculator
    • CD Interest Calculator
    • Savings Calculator
    • Credit Card Payoff Calculator
    • Debt Payoff Calculator
    • Loan Payment Calculator
You are here: Home / Credit Cards / Chase Freedom Unlimited® | Up to 5% Cash Back

Chase Freedom Unlimited® | Up to 5% Cash Back

November 26, 2021 by Rob Berger

The card_name is one of our top rated cards due to its signup bonus and excellent cash back rewards. Redeem rewards for cash or Chase Ultimate Rewards points, all with no annual fee.

Chase Freedom Unlimited®
Learn More
Our Rating
4.9/5.0
Welcome Offer
Earn an extra 1.5%
Annual Fee
$0
0% on Purchases
15 Months
Rewards Rate
1.5% - 5%
0% on Balance Transfers
15 Months

Welcome Offer

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.

Features & Benefits

SecurityCredit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Identity theft protection
Contactless PaymentsTap to Pay, Apple Pay, Google Pay
BenefitsExtended Warranty Coverage, Purchase Protection
Travel PerksAuto Rental Collision Damage Waiver, Emergency Travel Assistance, Trip Delay Reimbursement, Trip Cancellation Insurance

Rewards

5% cash back
Travel
Earn 5% cash back on travel purchased through Chase Ultimate Rewards
3% cash back
Drugstores
Earn 3% on drugstore purchases
3% cash back
Dining
Earn 3% cash back on dining at restaurants, including takeout and eligible delivery services
1.5% cash back
On all other purchases
Earn 1.5% cash back on all other purchases

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of each transaction in U.S. dollars
Regular APR19.74% - 28.49% (V) APR
Balance Transfers0% Intro APR for 15 months on balance transfers, then 19.74% - 28.49%(V) APR after that.
Balance Transfer FeeEither $5 or 5% of the amount of each transfer, whichever is greater.
Purchases0% Intro APR for 15 months on purchases, then 19.74% - 28.49% (V) APR after that.

What Credit Score Is Required to Get the Chase Freedom Unlimited®

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved03/04/2022
724
TransUnion
$13,900
Approved03/04/2022
726
Experian
$13,900
Approved02/16/2022
772
Experian
$18,000
Approved02/16/2022
778
TransUnion
$18,000
Approved02/16/2022
803
Equifax
$18,000
Approved03/02/2022
793
TransUnion
$12,700
Approved06/07/2021
782
Experian
$4,700
Approved08/01/2021
772
Equifax
$13,200
Approved08/01/2021
773
Experian
$13,200
Approved08/01/2021
818
TransUnion
$13,200
Denied09/16/2019
758
Equifax
---
Denied09/16/2019
762
TransUnion
---
Denied06/13/2019
612
Experian
---
Denied06/13/2019
613
TransUnion
---
Pros
  • Welcome offer
  • No annual fee
  • Up to 5% cash back
Cons
  • Foreign transaction fee
  • Requires good credit

What Are the Best Alternatives?

Citi Custom Cash℠ Card
Citi Custom Cash℠ Card

Rating

4.7

Rewards Range

1% - 5%

Annual Fee

$0

Read Review
Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express

Rating

4.5

Rewards Range

1%-6%

Annual Fee

$0 intro annual fee for the first year, then $95.

Read Review
Capital One Quicksilver Cash Rewards Credit Card
Capital One Quicksilver Cash Rewards Credit Card

Rating

4.5

Rewards Range

1.5%

Annual Fee

$0

Read Review

Related Articles

  • The Best Credit Cards for Groceries of 2023 | Up to 6% Cash Back
  • 9 Chase Credit Cards that Earn Ultimate Rewards
  • Citi Custom Cash(SM) Card vs. Blue Cash Everyday® Card from American Express
  • Capital One Venture Rewards Credit Card vs. Capital One Quicksilver Cash Rewards Credit Card
  • Chase Sapphire Preferred® Card vs. American Express Gold Card

Chase Freedom Unlimited Calculator

To crunch the numbers, use this Freedom Unlimited Calculator to estimate your annual cash back rewards and your overall reward rate.

The key is to determine whether the Freedom Unlimited can be your everyday card or should it take a backseat to a 2% cash back on all purchases card. If you spending doesn't get you at least an overall 2% cash back rate, a 2% cash back card will be the better deal.

For example, using data from the Bureau of Labor Statistics, we assumed monthly spending as follows:

  • $200 on travel
  • $300 eating out
  • $200 at drugstores
  • $1,500 on other purchases.

The result was $570 in annual cash back with an overall reward rate of 2.2%. And this doesn't include a first year bonus of $396. With these assumptions, the Freedom Unlimited would be a solid everyday card.

Other Chase Freedom Unlimited Benefits

The Chase Freedom Unlimited comes with several additional features:

The card includes Zero Liability Protection. This means that you won’t be held responsible for any unauthorized charges on your card, or the use of your account information. You also get a physical card with Chip-Enabled Security, for additional protection of your account.

One of my favorite features is Purchase Protection. This means that any purchases made with the card are protected for 120 days from damage or theft. (Note that there is a maximum of $500 per claim, and $50,000 per account.)

The card comes with Extended Warranty Protection. This protection extends for up to one year the time period of the U.S. manufacturer’s warranty on eligible warranties of three years or less.

Lastly, the card is designed for contactless payment. In a world of global pandemics, contactless payment enables you to pay for something without touching the card reader.

FAQ

Is the Chase Freedom Unlimited a good credit card?

Yes. It's considered a competitive cash back card given its signup bonus, no annual fee, and 1.5% cash back on all purchases. There are some cards that pay 2% back on all purchases, but they can be harder to get and come with other limitations, such as an annual fee.

Is it hard to get approved for the Chase Freedom Unlimited?

The card requires a good credit score, generally 690 or higher. If you have a good credit score, steady income and comply with the Chase 5/24 rule, you should have a good chance at approval.

About Rob Berger

Rob Berger is the founder of allCards.com. He's written about personal finance and investing since 2007 and is the author of the highly acclaimed book, Retire Before Mom and Dad. He is a former litigation attorney in the securities field and the Founding Editor of Forbes Advisor.

Primary Sidebar

Advertiser Disclosure

AllCards has partnered with CardRatings for our coverage of credit card products. AllCards and CardRatings may receive a commission from card issuers.

Featured High Yield Bank Accounts

12-month CD via SaveBetter
APY: 5.01%

27-month CD via SaveBetter
APY: 5.15%
9-month No Penalty CD via SaveBetter
APY: 5.00%

 

Credit Cards by Category

  • Balance Transfer
  • 0% APR Cards
  • Cash Back
  • Travel
  • Miles
  • Business
  • Gas Rewards
  • Supermarket Credit Cards
  • Secured Credit Cards
  • Student Credit Cards
  • Prepaid Debit Cards

Credit Cards by Credit Score

  • 700 – 749
  • 650 – 700
  • 600 – 650
  • Under 600

Banking

  • Best Online Banks
  • Best Online Savings Accounts
  • Best CD Rates
  • Best Checking Accounts

Credit Cards by Issuer

  • American Express
  • Capital One
  • Chase
  • Citibank
  • U.S. Bank
  • Wells Fargo

Rate Disclosure

We work hard to make sure the information on this site is accurate. There is no guarantee, however, that it is. So please confirm rates, terms, and all other information directly with the bank, credit union, credit card issuer, or other financial institution before opening an account or otherwise making a financial decision.

About Allcards.com

Rob Berger founded allcards.com in 2008 to help consumers make data-driven decisions about credit cards and banking. A retired trial attorney, he’s written about credit cards, banking and personal finance since 2007, and is the author of Retire Before Mom and Dad.

  • Best Credit Cards of 2023
  • 0% Credit Cards
  • Best Cash Back Credit Cards
  • Best Travel Rewards Credit Cards
  • Credit Cards with Signup Bonuses
  • About
  • Contact
  • Privacy Policy
  • Terms of Use
  • RSS Feed

© 2022 A.R. Roberts LLC All Rights Reserved

Advertising Disclosure: allCards.com is an independent, advertising-supported blog offering financial product comparisons. We are compensated when users click links to or apply for sponsored financial products including, but not limited to, credit cards or bank/brokerage accounts. Credit card reviews and listings express the opinions of the author alone, and not those of any credit card issuer. The content has not been reviewed, approved or otherwise endorsed by the credit card advertisers. This compensation may impact how or where links appear on this site. This site does not include all available financial companies or offers.

Banking Content Disclosure: Content is not provided or commissioned by the bank advertiser(s). Opinions expressed here are author's alone, not those of the bank advertiser(s), and have not been reviewed, approved or otherwise endorsed by the bank advertiser(s). This site may be compensated through the bank advertiser(s) Affiliate Program(s).