Chase Freedom Unlimited Review

The Chase Freedom Unlimited offers . . . .

Chase Freedom Unlimited

  • Welcome Bonus: Earn $150 bonus after spending $500 on purchases in the first 3 months from opening your account.
  • Earn unlimited 1.5% cash back on all purchases
  • Intro APR: 0% for 15 months from account opening on purchases and balance transfers
  • Free credit score, updated weekly with Credit Journey
  • No annual fee

The Chase Freedom Unlimited credit card offers 1.5% cash back on every purchase + a signup bonus and free access to your FICO credit score. Get the details and how you can apply online in this review.

Chase Freedom Unlimited Credit Card ReviewChase has recently begun offering a new card, the Chase Freedom Unlimited. It comes complete with generous cash back rewards, a 0% introductory rate, a bonus of up to $150, and a host of other features and benefits. It competes well for an everyday spending card. Let’s walk through the details in this review.

Unlimited Rewards

You earn 1.5% cash back on every purchase with this card, with no limits on the rewards. Redeeming your cash back rewards is easy. You can cash them in at any time and in any amount. Your rewards also don’t expire, as long as your account is open and in good standing.

Certain transactions will not apply towards rewards. These include balance transfers, cash advances, traveler’s checks, money orders, casino gambling, or other betting transactions.

Learn how to apply for this and other cash back cards here.

Bonus Offer

Chase is currently offering a bonus of up to $150 after you spent $500 on purchases within the first 3 months of opening your account. The bonus offer is available only if you are a new Chase Freedom Unlimited cardholder. You will receive $150 cash back. The bonus points will post to your account after 6 to 8 weeks.

Card Features

The Chase Freedom Unlimited is offered with no annual membership fee, as well as a host of other 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 can also feel more secure 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.)

You’ll also enjoy Price Protection coverage with the Chase Freedom Unlimited. Say you make a purchase and later on find a lower price advertised either online or in print (within 90 days, for US purchases only). Chase will reimburse you for up to $500 per item ($2,500 per year).

Lastly, you also get a complimentary Auto Rental Collision Damage Waiver. This feature enables you to decline the optional collision insurance when you charge your car rental on your card.

Rates and Fees

The Chase Freedom Unlimited is offered with no annual membership fee, and no minimum interest charge.

You will pay a fee of $5 or 3% — whichever is greater — of the amount moved on balance transfers in the first 60 days. After that the fee jumps to $5 or 5% of the amount transferred, whichever is greater. Cash advances will come with a $10 or 5% fee; again, whichever is greater. Foreign transactions will have a fee of 3% applied to the amount of the transaction, in US dollars.

Introductory Interest Rates

For both purchases and balance transfers, there is a 0% Intro APR that applies to the first 15 months that your account is open. Once the introductory period is over, your rate will vary depending upon your creditworthiness.

No interest will be charged on your account if you pay the entire balance by the due date. That will be a minimum of 21 days after the close of each billing cycle.

Click here to learn more about this and other cash back credit cards.

Chase Freedom Unlimited

9.1

Rewards Program

8.0/10

Bonus

9.0/10

Customer Service

9.5/10

Annual Fee

10.0/10

Added Perks

9.0/10

Pros

  • No rotating categories
  • Signup bonus
  • Free access to FICO score
  • Good cash back rewards rate
  • 0% Into APR

Cons

  • No bonus rewards category
  • Balance transfer fee