Million Mile Secrets reader, Harold, commented:
On its own, the points you earn from the Freedom Unlimited can only be redeemed for 1 cent each toward travel or for cash back.
But when you pair it with another eligible Chase Ultimate Rewards card like the Sapphire Reserve, you’ll have the flexibility to combine points and transfer them to terrific airline and hotel partners.
With a downgrade, you’ll also avoid duplicate benefits and save on annual fees. That’s why after getting the Sapphire Reserve, I downgraded the Sapphire Preferred to the no annual fee Freedom Unlimited.