Chase Freedom Unlimited Review (2025): Benefits, Rewards & Value
A versatile cash back card with no annual fee and strong bonus categories.
Chase Freedom Unlimited Guide
A versatile cash back card with no annual fee and strong bonus categories.
ANNUAL FEE
$0
WELCOME BONUS
$200 cash back after spending $500 in 3 months
POINTS VALUE
1¢ per point
TRANSFER PARTNERS
0
In This Guide:
Transfer Partners
| Transfer Partner | Transfer Ratio | Transfer Time | Transfer Bonuses |
|---|
Annual Credits & Benefits
Is the Chase Freedom Unlimited Worth It?
Ideal For:
- Everyday Spending
- No Annual Fee
- Flexibility
Not Ideal For:
- Frequent international travelers (due to foreign transaction fees on most cash back cards)
- Those seeking premium travel benefits like lounge access
- People who prefer transferable points for flexible redemptions
Value Calculation Example
With no annual fee, this card provides pure positive value through:
- Welcome bonus worth approximately $200
- Ongoing rewards with 5% on travel purchased through Chase, 3% on dining and drugstores, 1.5% on everything else
- No annual fee
- 0% intro APR for 15 months
With no annual fee to offset, all these benefits provide positive value from day one.
How to Earn Points
5% on Chase Travel
Earn 5% cash back on travel purchased through the Chase Travel portal, including flights, hotels, car rentals, and more.
3% on Dining
Earn 3% cash back at restaurants, including takeout and eligible delivery services.
3% at Drugstores
Earn 3% cash back at drugstores on prescriptions, over-the-counter medications, and everyday essentials.
1.5% on Everything Else
Earn 1.5% cash back on all other purchases with no caps or category restrictions.
5% on Lyft Rides
Earn 5% cash back on Lyft rides through March 2025.
Sweet Spot Redemptions
| Route/Redemption | Points Required | Transfer Partner | Notes |
|---|---|---|---|
| Pair with Chase Sapphire Preferred/Reserve | Transfer to premium Chase card | Chase Ultimate Rewards | When paired with a Sapphire card, your 1.5% cash back becomes 1.5X Ultimate Rewards points that can be transferred to travel partners. |
| Statement Credits | Direct redemption | Cash back | Redeem cash back as statement credits at 1 cent per point with no minimum redemption amount. |
| Gift Cards | Direct redemption | Chase Ultimate Rewards | Redeem for gift cards at 1 cent per point, occasionally with special promotions offering discounted redemption rates. |
| Pay with Points on Amazon | Direct redemption | Amazon | Redeem points at checkout on Amazon.com, though the value is lower at 0.8 cents per point. |
Advanced Tips & Tricks
Pro Insider Tips
Create a Chase Trifecta
Pair with a Chase Sapphire Preferred/Reserve and Chase Freedom Flex to maximize rewards in all spending categories and unlock transfer partners.
Transfer to Household Members
Combine points with household members who have premium Chase cards to pool points for larger redemptions or to access transfer partners.
Compare with Citi Double Cash
For non-bonus spending, the Freedom Unlimited's 1.5% is less than Citi Double Cash's 2%, but the ability to convert to Ultimate Rewards can make it more valuable.
Utilize Shop through Chase
Stack your 1.5% base rewards with bonus points from the Shop through Chase portal when shopping online at partner retailers.
Frequently Asked Questions
How can I make my Freedom Unlimited points more valuable?
While the Freedom Unlimited earns cash back by default, you can significantly increase the value of your rewards by also having a Chase Sapphire Preferred or Reserve card. This allows you to transfer your Freedom Unlimited points to that card and then either redeem at a higher value through the Chase Travel Portal (1.25x with Preferred or 1.5x with Reserve) or transfer to airline and hotel partners where points can be worth 2 cents or more each.
Is the Chase Freedom Unlimited subject to the Chase 5/24 rule?
Yes, the Chase Freedom Unlimited is subject to Chase's 5/24 rule, which means you likely won't be approved if you've opened 5 or more personal credit cards (from any issuer) in the past 24 months. This makes it important to strategically time your application if you're planning to apply for multiple cards.
What's the difference between the Freedom Unlimited and Freedom Flex?
The primary difference is the earning structure. The Freedom Unlimited offers 1.5% cash back on non-bonus purchases, while the Freedom Flex offers only 1% on non-bonus purchases but features rotating quarterly 5% categories (up to $1,500 per quarter). The Freedom Flex is a Mastercard while the Freedom Unlimited is a Visa, which may affect acceptance in some locations.
Does the Chase Freedom Unlimited have foreign transaction fees?
Yes, the Freedom Unlimited charges a 3% foreign transaction fee, making it a poor choice for international travel. If you travel internationally, consider pairing it with a card that doesn't charge foreign transaction fees, such as any of the Chase Sapphire cards.
Ready to Apply?
The Chase Freedom Unlimited offers outstanding cash back rewards that make it a valuable addition to your wallet. A versatile cash back card with no annual fee and strong bonus categories.