Chase Freedom Unlimited Critical Analysis


Big Earning Potential & No Annual Fee

This card is a stellar option for anyone looking for a cash back credit card that will also allow you to save money with a generous intro APR period on purchases and balance transfers. With no annual fee and many additional perks, it is easy to see why it is such a popular option.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Chase.

Chase Freedom Unlimited®

Purchase & Balance Transfer APR
0% Intro APR on Purchases and Balance Transfers for 15 months, then 15.24% - 23.99% Variable
Cash Back
1.5% – 5%

  • Earn 5% on travel purchased through Chase
  • 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 3% on dining at restaurants and drugstores
  • Earn unlimited 1.5% cash back on all other purchases

Intro Bonus
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back. That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.
Recommended Credit Score
Good – Excellent
670- 850*

Critics’ Overview

The Chase Freedom Unlimited® card offers a generous and unlimited base rate of 1.5% cash back on all of your purchases while also providing an even higher rate on travel purchased through Chase, grocery store purchases (your first year), dining at restaurants and purchases at drugstores. There is a unique welcome bonus worth up to $300 and you can save money on interest with a lengthy intro APR on purchases and balance transfers.

Card Details From Chase

  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.24% – 23.99%.
  • No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.

Our Critical Analysis


  • Lucrative welcome offer your first year
  • No annual Fee
  • Lengthy intro APR period on purchases & balance transfers

  • Has a foreign transaction fee

We really like that the Chase Freedom Unlimited® card offers a straightforward way to earn cash back while also providing some enticing bonus categories that will allow you to earn even more. At a minimum, you will earn an unlimited 1.5% cash back on purchases, 5% on travel purchased through Chase, and 3% at drugstores and on dining at restaurants, including takeout and eligible delivery services.

There is also a unique welcome bonus worth up to $300 in cash rewards that works a bit differently than most other cash back cards. You will earn an extra 1.5% on everything you buy on up to $20,000 spent in the first year. That means you will earn a total of 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases your first year (up to the maximum noted).

Those seeking a 0% intro APR will be happy to hear that the Chase Freedom Unlimited® card allows you to pay no interest for 15 months from account opening on purchases and balance transfers. After the introductory rate the 15.24% - 23.99% Variable APR will apply. There is an intro balance transfer fee of Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days.

The additional perks offered to card holders are impressive, especially considering that there is no annual fee. Your Chase Freedom Unlimited® card comes with built-in protection benefits like fraud monitoring, access to your credit score and much more.

If you have good to excellent credit, want to save money on interest, pay no annual fee and earn cash back then the Chase Freedom Unlimited® card is an excellent choice for you.


Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
*CardCritics references a FICO® 8 score, which is one of many different types of credit scores. A financial institution may use a different score when evaluating your application.