Editorial Disclaimer

3 Amazing Features Of The Freedom Unlimited® That Everyone Misses

3 Amazing Features Of The Freedom Unlimited® That Everyone Misses

There’s no doubt that the Chase Freedom® was one of the most popular reward credit cards of the last decade. With no annual fee, it was the Chase entry-level rewards card that found its way into a huge number of American Wallets. Most people just seemed to initially like its formula of offering 5% cash back on up to $1,500 spent each quarter at featured merchants, and 1% cash back on all other purchases.

Chase later followed up on its success with Freedom by introducing the Chase Freedom Unlimited®, which features unlimited 1.5% cash back on all purchases and was designed for those who preferred the simplicity of a fixed percentage of cash back with each purchase vs. keeping up with the rotating reward spending categories involved with Freedom. Freedom Unlimited was an instant hit with consumers, but there’s even more value to this card when you look below the surface.

Take a look at these three outstanding features of the Chase Freedom Unlimited® that few people know about:

1. First year cash back potential

The Chase Freedom Unlimited® card has always offered a very solid 1.5% unlimited cash back on all purchases but recently began offering a $200 bonus after you spend $500 on purchases in your first 3 months of account opening, which is quite a phenomenal deal. This card also offers no annual fee and 0% intro APR for 15 months from account opening on new purchases, then a variable APR of 14.99% - 23.74% applies.

2. Ability to transfer your cash back in the form of Ultimate Rewards® Points

With Freedom Unlimited your rewards are received as Ultimate Rewards® points, which is a loyalty program common to several different cards issued by Chase. When you only have a Chase Freedom® or Chase Freedom Unlimited® card, then you can redeem your points for just one cent each as statement credits, gift cards, hotel nights, flight fares or for merchandise.

If you have another Chase card that participates in the Ultimate Rewards® program, then you can transfer the points earned by your Chase Freedom Unlimited® to another card, such as the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or the Ink Business Preferred® Credit Card. Those other cards can offer you valuable ways to redeem your points that the Chase Freedom® can’t, while other cards have the ability to transfer your points to miles with ten different frequent flyer programs or points with three different hotel programs. When you are able to use these points and miles for expensive award flights in business or first class, or luxury hotel stays, it’s possible to realize several cents in value per point redeemed.

Another way to get more value from your Ultimate Rewards® points is to redeem them directly for reservations made through the Chase Ultimate Rewards® travel center. While the Freedom® card offers one cent point towards travel reservations, the Chase Sapphire Preferred® Card and Ink Business Preferred® Credit Card lets you redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open Furthermore, the Chase Sapphire Reserve® gives you 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases

Therefore, it’s ideal is to have both the Chase Freedom Unlimited® and another Chase card. As mentioned earlier, with the Chase Freedom Unlimited® you are able earn a $200 bonus after you spend $500 on purchases in the first 3 months of your account opening. You'll also earn unlimited 1.5% cash back on all purchases. With this card, Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. So, whether you enjoy your rewards in the form of cash back or simply use your Freedom Unlimited card to amass and transfer Ultimate Rewards® points for other types of rewards, the Freedom Unlimited card is a great card to keep at the top of your wallet.

3. Outstanding benefits.

The Chase Freedom Unlimited® is known for offering competitive rewards and no annual fee. But few cardholders pause to take a look at the valuable cardholder benefits it comes with. For example, it includes a Purchase Protection Program that covers your new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per account. You will also receive Zero Liability Protection, which means that you won't be held responsible for unauthorized charges made with your card or account information. You will also receive Credit JourneySM, which gives you unlimited access to your credit score and more. It's free, even if you are not a Chase customer. Checking your score does not affect your credit.

By understanding these three additional features of the Chase Freedom Unlimited®, you can receive far more value from this card than you might have thought.

Chase Freedom Unlimited®

Credit Recommended (660-850):
Learn More
Chase Freedom Unlimited®
Editor’s Rating: 4.7
Credit Recommended (660-850):
Intro (Purchases)
0% Intro APR on Purchases 15 months
Intro Rewards Bonus
$200 bonus
Annual Fee
Learn More on Chase secure website.
Intro (Transfers)
Regular APR
14.99% - 23.74% Variable
Credit Recommended


  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn unlimited 1.5% cash back on all other purchases.
  • Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1.5% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
  • No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
See additional details for Chase Freedom Unlimited®

Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles. The information is accurate to the best of our knowledge when posted; however, all credit card information is presented without warranty. Please check the issuer’s website for the most current information.

Advertiser Disclosure

CreditSoup is an independent, advertising-supported comparison service. The offers that appear on this site are from companies from which CreditSoup receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditSoup does not include all companies or all offers available in the marketplace. CreditSoup may use other proprietary factors to impact offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

Editor’s Rating

Our editors review each credit card and provide our ratings based on the features the credit card offers consumers including the fees, interest rates, benefits, rewards, and how it compares to other credit cards in its category. Card ratings may vary by category as the same card may receive a different rating based on that category.

CreditSoup.com may be compensated by companies mentioned on our site when a consumer’s application is accepted or approved by the company.