Chase Freedom Unlimited: The Best Simple Rewards Card

Chase Freedom Unlimited® Review – Best Cash Back Credit Card for Everyday Spending

Pros

• Zero annual fee
• Intro APR time period
• High cashback rate
• No minimum redemption fee

Cons

• Only eligible for users with excellent credit

Detailed Review of Chase Freedom Unlimited®

The Chase Freedom Unlimited is an all rounder card – great high value rewards, and flexible redeem options. Long term 0% introductory APR period, making it highly useful for someone who needs time to pay off expenses without extra interest – these all for an annual fee of $0.

This card earns great cash backs such as – 3% cash back on restaurants and drugstore purchases, 5% back on travel booked through Chase , 1.5% back on other purchases. This card is great for everyday spending as it surprises you with new cashback and rewards. If you spend too often using this card, it can really pile up cashback.

But sometimes or most of the time all those rewards and cashback can be bit confusing as it gives you different percentage of cashback on different purchase –

• 3% on restaurants
• 5% on Chase travel
• 1.5% on everything else

while simple cards most of the time provide the same percentage of cashback or rewards for every purchase. But here is the best solution for this: you can make this card you everytime go to instead of using different cards for different purchases. Its okay if you don’t remember what percentage of cashback you might earn on your purchase as from personal experience the rewards and cashback can become significant and very high over time.

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This single card is only you need as it covers all the needs so instead of carrying multiple cards, its better to carry one.

Basics of Chase Freedom Unlimited

Card best for – Cashback and Rewards

Annual fee – $0

Welcome bonus – User can earn $200 of bonus after spending $500 in the first 3 month

Rewards

• 5% cashback on travel booked through chase.
• 3% cashback on restaurant and dining.
• 3% cashback on drugstores.
• 1.5% cashback on your every other purchases

APR

0$ intro APR for the first 15 months after opening the account after that an ongoing 18.24%-27.74% variable applies on you every balance transfer.

Abroad transaction Fee

3%

Chase Freedom Unlimited Points Breakdown

Chase Freedom Unlimited is known for its cashback which is true but your spending or purchases earn Chase Ultimate Rewards® points which convert in cashback. When you use the chase provide you some points for you purchase.

Example:

• Spend $100
• Earn points based on the reward rate
• Those points can later be converted into cashback or other rewards.

Your 100points = $1

So:

• 1 point = 1 cent
• 100 points = $1
• 1,000 points = $10

This card is excellent in its own but if you pair it up with other chase cards that ultimate reward points then it can become a great combination

Compare credit cards with our Best Credit Card to find the best credit that fit for your needs. .