We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

An Extremely Powerful No Annual Fee Credit Card: Here’s Our Chase Freedom Unlimited Review

An Extremely Powerful No Annual Fee Credit Card: Here’s Our Chase Freedom Unlimited Review

KeithAn Extremely Powerful No Annual Fee Credit Card: Here’s Our Chase Freedom Unlimited ReviewMillion Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

I ALWAYS recommend the Chase Freedom Unlimited card to friends and family looking for a rewarding no-annual-fee credit card.  This card earns valuable Chase Ultimate Rewards points you can redeem for cash back or move to other eligible Chase cards to save on amazing travel experiences!

If you’re a savvy consumer, the Chase Freedom Unlimited card can be a much better pick than competing 2% cash back cards.  I keep it at the top of my wallet because it offers a straightforward way to continuously earn points on everyday purchases.  I even use the Freedom Unlimited to earn a profit paying my income taxes.

Earn Valuable Chase Ultimate Rewards Points With the Chase Freedom Unlimited Card to Save Money on Travel to Fun Destinations, Like California!

If you’re new to miles & points, the Chase Freedom Unlimited could be a worthy contender for your first rewards credit card.   Plus, hanging on to no-annual-fee cards can increase the average age of your credit accounts and possibly boost your credit score.

You can apply for the Chase Freedom Unlimited card here.

Here’s our full review of the card!

Chase Freedom Unlimited $150 Bonus (15,000-Point) Offer

Link:   Apply for the Chase Freedom Unlimited

When you sign-up for the no annual fee Chase Freedom Unlimited card, you’ll earn $150 (15,000 Chase Ultimate Rewards points) after you spend $500 on purchases in your first 3 months from account opening.

You can also earn an additional $25 (2,500 Chase Ultimate Rewards points) for adding your first authorized user and making your first purchase within this same 3-month period.

Taking into account both bonuses, you could earn a total of $175 (17,500 Chase Ultimate Rewards points)!

And for everyday spending, you’ll earn unlimited 1.5% back (1.5X Chase Ultimate Rewards points per $1) on all purchases.  You don’t have to worry about bonus categories or caps on spending.

You can redeem for cash back, gift cards, or travel through the Chase Ultimate Rewards travel portal at a rate of 1 cent per point.  For example, if you have 10,000 points, that equates to $100 in cash back, gift, cards, or travel.  Or you can get 0.8 cents per point toward Amazon purchases.

It’s Really Easy to Redeem Chase Ultimate Rewards Points Linked to Your Freedom Unlimited Account!

Certain gift cards are sometimes offered at a discount through the Chase portal.  As I’m writing this post, you can get a 10% discount when you redeem points for gift cards at retailers like eBay and Whole Foods.  For example, you’ll pay 9,000 points for a $100 gift card, instead of the usual 10,000 points.  (These can and do change, so check for the latest offers.)

On Occasion, You Can Find Gift Card Sales Through the Chase Portal, Which Means You’ll Pay Fewer Points!

There’s no right or wrong way to redeem Chase Ultimate Rewards points.  But Million Mile Secrets team members and readers typically use these valuable points to save money travel!  Here’s how…

Pair the Freedom Unlimited With Other Eligible Chase Cards for Big Travel With Small Money!

On their own, points linked to the Freedom Unlimited are only worth 1 cent each.  But if you have any of the below Chase Ultimate Rewards point earning credit cards, you can get significantly more value:

You can quickly and instantly move points from the Freedom Unlimited to one of the above cards.  Then, you’ll have the ability to transfer points directly to Chase travel transfer partners, including Hyatt, Southwest, United Airlines, and more.  You can transfer points to these partners at a 1:1 ratio, which makes the program very straightforward.

Here’s a handy chart showing all of the Chase airline and hotel partners!


You’ll typically get the most value for your Chase Ultimate Rewards points by transferring them to travel partners.  Just take a look at these success stories from team members and readers that were made possible thanks to Chase Ultimate Rewards points:

I used a ton of Chase points to save on a trip to New Zealand with my wife and family.  Here are some video highlights from our memorable adventure!

But you don’t have to become a miles & points expert overnight!  Chase also offers a hassle-free way to increase the value of your points and save on travel at the same time.  You can book airfare, hotel stays, and rental cars through the Chase travel portal.  There are no blackout dates when you book this way!

The prices you see through the Chase travel portal are usually the same (or even cheaper!) than booking through other online travel agencies like Orbitz and Expedia.  And you can earn points with the Freedom Unlimited and move them to increase the value.

Chase Ultimate Rewards points are worth:

This is why the Chase Freedom Unlimited and Chase Sapphire Reserve make a fantastic credit card combination.  Because you can earn 1.5X Chase Ultimate Rewards points on every purchase.  Then, move your points to the Chase Sapphire Reserve to get 1.5 cents per point.

Let’s say you spend $10,000 per year on the Freedom Unlimited.  This means you’ll earn 15,000 Chase Ultimate Rewards points ($10,000 X 1.5X per $1).

Moving these points to the Sapphire Reserve makes them worth 1.5 cents each toward travel through the Chase portal.  So you can get $225 worth of travel (15,000 points X 1.5 cents per point).  Following this strategy means you’re effectively earning 2.25 cents per $1 with the Freedom Unlimited ($225 worth of rewards / $10,000 in spending).

Benefits of the Chase Freedom Unlimited Card

Besides earning valuable points, the Chase Freedom Unlimited card also comes with certain purchase protection benefits.

Extended Warranty

If you’re buying a big ticket item, like an appliance or television, you can extend the manufacturer’s warranty just by paying with the Freedom Unlimited.

With this coverage, you’ll get an additional year of warranty on eligible warranties of 3 years or less, up to a maximum of $10,000 per claim, and a maximum of $50,000 per account.

To be eligible for coverage, you must charge some portion of the item’s purchase price to your card or use reward points earned on your card toward the purchase.

This benefit is secondary to any service contract or extended warranty you may have purchased or received.

Best Credit Card Purchase Protection 2017
Pay for a New Refrigerator With the Chase Freedom Unlimited to Potentially Get an Extra Year of Warranty on Top of the Manufacturer’s Warranty!

Purchase Protection

Shopping with the Chase Freedom Unlimited also means you’ll get automatic purchase protection coverage, which covers you in the event of damage or theft.

If you buy an eligible item in the US with your card, and it’s lost or stolen within 120 days, this coverage will replace, repair, or reimburse you up to a maximum of $500 for each claim and up to $50,000 total for your account.

You can check the Chase Freedom Unlimited Guide to Benefits for restrictions and exclusions about this coverage.

Does the Chase Freedom Unlimited Card Have a Foreign Transaction Fee?

Yes, you will pay foreign transaction fees with this card.  So it’s NOT a good choice when you’re traveling overseas.  Check out our post with the best no foreign transaction fee credit cards instead.

Is the Chase Freedom Unlimited Better Than the Chase Freedom?

Link:   Side by Side Comparison: Chase Freedom vs Freedom Unlimited

It depends!

With the Chase Freedom, you’ll earn 5% back (5X Chase Ultimate Rewards points per $1) on up to $1,500 in combined spending in rotating categories each quarter when you activate the bonus.

If you can make the most of the $1,500 in spending per quarter ($6,000 per year) in popular rotating 5X bonus categories (which in the past have included restaurants, gas stations, mobile wallets, department stores, and Amazon) you can potentially earn more cash back (or Ultimate Rewards points!) with the Freedom.

That said, some folks prefer not having to track rotating categories or won’t spend the maximum in the bonus category every quarter.  This makes the Chase Freedom Unlimited a simpler option.

Keep in mind, the Freedom and Freedom Unlimited are considered different card products.  So it’s possible to have both like my wife does.

Who Is Eligible for the Chase Freedom Unlimited Card?

This card is meant for folks with good credit scores ~680 and up.  If your credit score is lower than that, it doesn’t mean you’ll be automatically declined.  There are many factors that go into the review of individual applications.

Keep in mind, Chase will NOT approve you for the Chase Freedom Unlimited if you’ve opened 5+ cards from any bank (NOT counting Chase business cards and these other business cards) in the past 24 months.  If you’re new to miles & points, this shouldn’t be an issue.

Bottom Line

The Chase Freedom Unlimited card is an extremely popular no annual fee rewards credit card.  When you sign-up, you’ll earn a $150 bonus (15,000 Chase Ultimate Rewards points) after you spend $500 on purchases in your first 3 months from account opening.

I keep the Freedom Unlimited card in my wallet and use it frequently.  Because you earn unlimited 1.5% back (1.5X Chase Ultimate Rewards points per $1) on all purchases.  These points can add up quickly!

On their own, points linked to the Freedom Unlimited are worth 1 cent each toward cash back, gift, cards, or travel through the Chase portal.  But pairing the Freedom Unlimited with certain Chase Ultimate Rewards point earning credit cards, like the Sapphire PreferredChase Sapphire Reserve, or Ink Business Preferred, can make your points much more valuable!

You can combine your Chase Ultimate Rewards points to one of these other card accounts.  Then, you’ll have the ability to transfer points directly to Chase travel transfer partners, including Hyatt, Marriott, Singapore Airlines, Southwest, United Airlines, and more.

If you’re planning to apply for the Freedom Unlimited, let me know in the comments!

If you liked this post, why don’t you join the 25,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) or in an RSS reader …because then you’ll never miss another update!

Chase Freedom Unlimited®

Chase Freedom Unlimited®

  • Unlimited 1.5% cash back on every purchase — it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49-25.24%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!