The Chase Freedom Unlimited® credit card is an Ultimate Rewards points earning, no-fee credit card. Despite earning Ultimate Rewards points, the points aren’t as strong as Ultimate Rewards points earned through other Chase credit cards. The Chase Freedom Unlimited® credit card is best if you’re wanting to earn Ultimate Rewards points, and you’re able to combine your Ultimate Rewards points earned with the Chase Freedom Unlimited® credit card with your Ultimate Rewards account on a premium Chase card. This will allow you to transfer points to other airline and hotel loyalty programs, or redeem them at a higher value through the Chase Ultimate Rewards travel portal.

Bonuses & Fees

The Chase Freedom Unlimited® credit card currently has a welcome bonus of up to $200 bonus after you spend $500 on purchases in the first three months from account opening†

Also, the card has an annual fee of $0†

Earning Rewards

Even though the Chase Freedom Unlimited® credit card is often marketed as a “cash back card”, you’ll actually earn Ultimate Rewards points. With the Chase Freedom Unlimited® credit card, you earn Ultimate Rewards at the following rates:

• Earn 5 Ultimate Rewards points per dollar spent on travel purchased through Chase Ultimate Rewards†
• Earn 3 Ultimate Rewards points per dollar spent on dining at restaurants, including takeout and eligible delivery services†
• Earn 3 Ultimate Rewards points per dollar spent on drugstore purchases†
• Earn 1.5 Ultimate Rewards point per dollar spent on all other purchases†

Until March 31, 2025†, you’ll also earn 5 Ultimate Rewards points per dollar spent on eligible Lyft rides.

Redeeming Rewards

Chase Ultimate Rewards is‌‌ one of the strongest bank loyalty programs around. The flexible nature of the Ultimate Rewards program means that you’ll have lots of options when looking to redeem your Ultimate Rewards points. However, the Ultimate Rewards points with the Chase Freedom Unlimited® credit card, aren’t as versatile. For example, you won’t be able to transfer Ultimate Rewards points earned with the Chase Freedom Unlimited® credit card to any of Chase’s partners. Fortunately, there’s a way around this. If you have any one of the three: Chase Ink Business Preferred®, Chase Sapphire Preferred®, or Chase Sapphire Reserve® credit cards, you can freely transfer your Ultimate Rewards points from your Chase Freedom Unlimited® credit card to one of those credit cards. Once transferred, you’ll have a lot more redemption options. In fact, some of the best redemption options include transferring points to airline or hotel loyalty programs, using the points to book travel through Chase’s travel portal, and redeeming points as statement credits. If you’re able to transfer your Ultimate Rewards points to one of the mentioned Chase cards, you can get the most value out of your Chase Ultimate Rewards points by transferring your points from there to another loyalty program and booking hotels and flights. At a rate of 1:1, you can transfer Chase Ultimate Rewards points to the following loyalty programs: Airlines:

• Aer Lingus AerClub
• Air Canada Aeroplan
• British Airways Executive Club
• Emirates Skywards
• Air France/KLM Flying Blue
• Iberia Plus
• JetBlue TrueBlue
• Singapore Airlines KrisFlyer
• Southwest Rapid Rewards
• United MileagePlus
• Virgin Atlantic Flying Club

Hotels:

• IHG One Rewards
• Marriott Bonvoy
• World of Hyatt

There have also been promotions where you can get bonus points if you transfer to specific partners. If you’re looking to book travel without transferring to another loyalty program, you can redeem Ultimate Rewards points through the Chase travel portal. With the Chase Freedom Unlimited® credit card, Ultimate Rewards points can be redeemed for 1 cent per points for eligible bookings through Chase’s travel portal. You can also redeem Ultimate Reward points at the same 1 cent per point rate against any eligible expenses charged to your Chase Freedom Unlimited® credit card. However, you’ll also be able to get a better redemption value if you transfer your Chase Freedom Unlimited® credit card’s Ultimate Rewards points to another Chase credit card. With the Chase Ink Business Preferred®, and Chase Sapphire Preferred® credit cards, Ultimate Rewards points can be redeemed for 1.25 cents per point for eligible bookings through Chase’s travel portal. With the Chase Sapphire Preferred® credit card, Ultimate Rewards points can be redeemed for 1.5 cents per point for eligible bookings through Chase’s travel portal. This means that the 20,000 Welcome Bonus for the Chase Freedom Unlimited® credit card could be redeemed for $200 if redeeming for statement credits, or as high as $300 if you also hold a Chase Sapphire Preferred® credit card, and redeem your points through Chase’s travel portal. Lastly, you can redeem Ultimate Reward points for gift cards, Apple products, rebates on PayPal purchases, and more. However, you generally won’t do as well compared to transferring Ultimate Reward points to other loyalty programs, or redeeming points through Chase’s travel portal.

Perks & Benefits

The Chase Freedom Unlimited® credit card doesn’t come with too many additional benefits. If you use DoorDash, you’ll receive a complimentary three-month DoorPass membership, with a 50% discount for the next nine months after. To be eligible, you must activate your DoorPass membership by December 31, 2024.

Insurance Coverage

The Chase Freedom Unlimited® credit card comes with some additional benefits by way of insurance coverage.

• Extended Warranty Protection: You’ll receive one additional year of manufacturers warranty on eligible warranties of three years or less in the US.
• Auto Rental Collision Damage Waiver: If you decline the rental company’s collision insurance and you’ll be covered for theft and collision damage for most rental cars in the US and abroad.
• Purchase Protection: You’ll be covered on new purchases for 120 days against damage or theft for up to $500 per claim, and up to $50,000 per account.
• Trip Cancellation and Trip Interruption Insurance: You’ll be reimbursed up to $1,500 per person, and $6,000 per trip for any pre-paid, non-refundable travel expenses if your trip is cut short by sickness, severe weather, or other covered situations.

Terms, conditions, and limitations apply to all insurance coverage. To be eligible, you must use your Chase Freedom Unlimited® credit card for the original purchase or expense.