New Chase Freedom Unlimited Offer Could Be a Much Better Deal for Many!

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New Chase Freedom Unlimited Offer Could Be a Much Better Deal for Many!

Million Mile SecretsNew Chase Freedom Unlimited Offer Could Be a Much Better Deal for Many!Million 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.

Update:   One or more card offers in this post are no longer available.  Check our Hot Deals for the latest offers.

Joseph:   Chase has introduced a new offer for the Chase Freedom Unlimited.  And depending on your spending habits, this could be an even better deal than before!

You’ll get 3% back (3 Chase Ultimate Rewards points per $1) on all purchases during your first cardmember year!  That’s a pretty big deal, as Chase Ultimate Rewards points are perhaps the most useful kind of rewards in this hobby.  They’re definitely my favorite to collect!

The downside is this offer does NOT come with a sign-up bonus.  But I’ll show you why that might not matter!

The information for this new Chase Freedom Unlimited offer has been collected independently by Million Mile Secrets.  The card details on this page have not been reviewed or provided by the card issuer.

We don’t get a commission for this card, but we’ll always give you every option to help you get Big Travel with Small Money!

New Chase Freedom Unlimited Offer
Open the Chase Freedom Unlimited to Prepare for a Free Ski Trip at the Park Hyatt Beaver Creek Next Winter!

Let’s decide if this new offer is better for your situation.

New Chase Freedom Unlimited Welcome Offer

Link:   Chase Freedom Unlimited

Link:   How to Easily Earn Tons of Travel Points With These 3 Cards and Just ONE Annual Fee

The old Chase Freedom Unlimited offer came with a $150 (15,000 Chase Ultimate Rewards points) sign-up bonus after spending $500 in the first 3 months of account opening.  Plus, the card earned 1.5% back on every purchase.

This new offer comes with NO sign-up bonus, and 3% back on every purchase for the first year.  After that, the card drops to the normal 1.5% earning rate.

Because Chase Ultimate Rewards points are so valuable, I personally consider this card one of the most important in this hobby.  So If you’re new to the miles and points, the Chase Freedom Unlimited could be an excellent card to begin with!  It has no annual fee, and the earning structure is very straightforward.

Plus, if you have either the Chase Sapphire Preferred, Chase Sapphire Reserve, or Ink Business Preferred, you can combine your points to one of these cards and use them to buy travel through the Chase Ultimate Rewards Travel Portal.  Depending on which card you have, you’ll get a value of up to 1.5 cents per point towards travel, giving you a return of 4.5% (1.5 cents per point X 3 points per $1).

Or transfer your points to valuable travel partners, like Hyatt, Southwest, and United Airlines.

New Chase Freedom Unlimited Offer
You Can Transfer 30,000 Chase Ultimate Rewards Points to United Airlines for a One-Way Coach Flight to Rio De Janeiro

However, if you’ve opened 5+ cards from any bank (NOT counting Chase business cards and these other business cards) in the past 24 months, it’s unlikely you’ll be approved for this offer.  So this probably isn’t an option for folks who have been collecting miles & points for a while.

Is Earning 3X Instead of a Sign-Up Bonus a Good Deal?

If you spend more than $10,000 on your card the first year, this is a better deal for you.

For example, with the old offer, $10,000 in spending X 1.5 points per $1 = 15,000 + 15,000 point sign-up bonus = 30,000 points.  Then you’d continue to earn 1.5 points per $1 on any other purchases.

But with this deal, $10,000 in spending X 3 points per $1 = 30,000 points.  Plus, you’ll continue to earn 3 points per $1 spent for the entire year!

So if you’re a big spender, this new offer can be a powerhouse!

 

New Chase Freedom Unlimited Offer
I Transferred 12,000 Chase Ultimate Rewards Points to Hyatt for a Stay at the Hyatt House Charleston/Historic District During the Solar Eclipse, and Saved ~$500 per Night!

Note:   This card does incur foreign transaction fees.  So it’s not a good card for overseas spending.

Other Cards to Consider

The Chase Freedom Unlimited is perhaps the best card to put spending that you won’t earn a bonus from with other cards.  But depending on your spending habits, you might benefit more from a different Chase card.  For example:

Some of these cards have annual fees.  But you’ll need a Chase Ultimate Rewards points earning card with an annual fee to unlock the full potential of the rewards you earn with the Chase Freedom Unlimited anyway!

Bottom Line

Chase has changed the welcome bonus for the Chase Freedom Unlimited!  It has an amazing earning rate of 3% back (Chase Ultimate Rewards points) on all purchases for the first cardmember year.  But Chase has eliminated the $150 (15,000 Chase Ultimate Rewards points) sign-up bonus.

If you will spend $10,000+, you’ll do better with this card’s offer than the previous offer.  However, if you prefer to spread your spending around on other cards to earn valuable sign-up bonuses, it might be worth waiting to see if Chase brings the old offer back to this card.

We don’t earn a commission for this card, but we want you to get the best deal out there!

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

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So if you have: a store card 6/2016, CFU 5/2017, HH 6/2017, IHG 7/2017, SW 8/2017 & CIC 3/2018 is that too many to PC your current CFU to another CF then apply for another CFU?

The Chase Ink Cash won’t count toward “5/24.” So once June rolls around and the store card falls off your “5/24” count you should be good to go. I haven’t seen an official end to this offer, so hopefully it’s still around then.

Still learning the UR side of the house, if I have an authorized user on one of my unlocking cards (I am primary on CSR/CSP/InkBP) and make a family member an AU and then they get this CFU; will that allow them to unlock/share/transfer URs earned with it?

If the person getting the Chase Freedom Unlimited is a member of the same household they could transfer the points to you and then you can transfer them to travel partners.

Here is a post with more details on transferring Chase points between accounts:

https://millionmilesecrets.com/2017/01/15/transfer-chase-ultimate-rewards-points-to-spouse/

They don’t need to be an authorized user on your cards unless you want to transfer Chase points directly into their loyalty account:

https://millionmilesecrets.com/2016/09/04/do-miles-expire-sooner-when-you-transfer-chase-ultimate-rewards-points-to-a-spouses-loyalty-account/

And be aware that the authorized user card will count toward their “5/24” status. Although you might be able to call and get Chase to ignore it.

I already have the CF and CFU, although I got the CFU 3 years ago. Could I product change my CFU to another CF and then reapply in a few weeks for the new CFU promotion? Thanks!

This could potentially work. I know people who have more than one Chase Freedom card. But first be sure you are under the Chase “5/24” rule.

And of course, just because it’s possible doesn’t guarantee it will work for you.

I have successfully downgraded my CFU to CF. I am definitely under 5/24. How long should I wait to reapply for the CFU? I do have some large tax bills due June 1. Would that be too soon? Thank you.

Man I wish I had an answer to that. But I don’t know of any hard rule on how long you should wait. Personally, I would wait as long as it makes sense for you to wait.

Do you know if it’s possible to product change my Chase freedom to the CFU and start earning 3x points?

Hi Tony – No data points on this yet, but I doubt it, because the landing page refers to the 3% in the first year as a “new cardmember offer.” Like a sign-up bonus.

And usually when you product change, you aren’t eligible for the bonus. If you do end up calling and asking, please report back with the result – thanks!

Darius, Do I need to have this new card to earn the referral bonus? Or does my old card still count if I refer?
Thanks for all the great info!!!!

Hi Jackie – It looks like the refer-a-friend program is still valid for existing cardholders, but refers folks to the old offer.

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