Chase’s updated rewards structure for the Chase Freedom Unlimited® is now available online, as well as in Chase bank branches.
It offers 3% cash back on up to $20,000 in purchases in the first year and 1.5% cash back on all other purchases.
We answer frequently asked questions about what has become the card’s standard offer to help you decide whether the Chase Freedom Unlimited® is for you.
How can Chase Freedom Unlimited® deliver extra value for Chase Sapphire cardholders?
There’s a hidden perk that applies only to cardholders who want to redeem their rewards for travel: The cash back you get on a Chase Freedom Unlimited® is awarded in the form of Chase Ultimate Rewards® points, which users then redeem for cash at a rate of 1 cent per point. But anyone with a Chase Sapphire Preferred® Card or a Chase Sapphire Reserve® can transfer the points to their Sapphire card account to enjoy those cards’ travel redemption boost.
Chase Ultimate Rewards® points redeemed from a Chase Sapphire Preferred® Card account are worth 25% more when redeemed for travel through the Chase Ultimate Rewards® portal. Chase Sapphire Reserve® cardholders get an even bigger boost: 50% more when redeemed for travel through Chase. So a Chase Freedom Unlimited® cardholder who applies in person can earn 3% back on every dollar spent on the card (up to $20,000) then transfer the points to a Chase Sapphire account, boosting their value when redeeming them for travel.
Does the Chase Freedom Unlimited® have an annual fee?
What kind of credit score do I need to qualify?
This card requires good credit, generally defined as a score of 690 or better. But keep in mind that card issuers look at several factors besides credit scores, including income and recent credit applications.
Is this a good card to take on trips abroad?
No. The Chase Freedom Unlimited® carries a foreign transaction fee of 3%. That means every purchase you make with it in a foreign country automatically costs more than if you had used one of the many no-foreign-transaction-fee cards on the market.
Do my points expire?
Not as long as you keep the account open and in good standing.
How to maximize your rewardsYou want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2019, including those best for:
- Airline miles and a large bonus: The Chase Sapphire Preferred® Card
- No annual fee: The Wells Fargo Propel American Express® card
- Flat-rate rewards with no annual fee: The Bank of America® Travel Rewards credit card
- Premium travel rewards: The Chase Sapphire Reserve®
- Luxury perks: The Platinum Card® from American Express
- Business travelers: The Ink Business Preferred℠ Credit Card
Planning a trip? Check out these articles for more inspiration and advice:
Chase Ultimate Rewards: How to earn and use them
NerdWallet’s top travel credit cards
Chase Freedom Unlimited offers a year of 3% cash back