The Bottom Line

The Chase Freedom Unlimited® card offers a long intro period with no interest on both purchases and qualifying balance transfers. You will also enjoy incredible cash back rewards, no annual fee, and a $200 bonus cash back limited-time offer.

Why NerdWallet Loves This Card

The Chase Freedom Unlimited® offers a compelling combination of valuable rewards, flexible redemption options, a great introductory APR, and a great sign-up bonus — all for an annual fee of $0.

Perks Go Beyond Just An Exceptional Intro Interest Rate

In addition to its 0% intro APR on Purchases and Balance Transfers for 15 months (after which the ongoing rate of 18.24%-27.74% Variable APR applies), this card offers these valuable benefits:

• 5% Cash back on travel purchased through Chase Travel℠.

• 3% Cash back on drugstore purchases.

• 3% Cash back on dining at restaurants, including takeout and eligible delivery services.

• 1.5% Cash back on all other purchases.

Plus, a Limited Time Reward

Earn a $250 Bonus after you spend $500 on purchases in your first 3 months from account opening.. This bonus for new cardholders is not only bigger than what you'll find on a lot of competing cash back cards, but also requires less spending to claim than many of those competitors.

A Smart Choice For:

• People looking for long introductory APR on balance transfers

• Those interested in financing a large purchase to avoid interest. After the intro APR period ends, an interest rate of 18.24%-27.74% Variable APR will apply to any remaining balance.

• Consumers who want versatility and value, especially if they already have the Chase Sapphire Preferred® Card or Chase Sapphire Reserve® .