The Chase Freedom Unlimited® is one of the best no-annual fee credit cards on the market due to it earning a high return across Chase Travel, dining, and drugstore spending while still offering a base of 1.5% cash back on all other categories.
It's a great all-in-one card if you're new to earning rewards or if you want to focus your spend on one credit card. The Chase Freedom Unlimited also pairs well with Ultimate Rewards credit cards as you'll be able to redeem your earned rewards for greater value towards travel.
Card Details At-A-Glance
As part of the Chase-Lyft Partnership, the Chase Freedom Unlimited Card also earns 5% on Lyft purchases until March 2025.
5% Chase Travel
The Chase Freedom Unlimited Card earns 5 Ultimate Rewards Points per $1 spent on travel purchases made through Chase Ultimate Rewards. This includes hotels, car rentals, and airfare.
The Chase Freedom Unlimited Card earns 3 Ultimate Rewards Points per $1 spent on dining purchases. Chase considers dining to be:
- Fast Food
- Fine Dining
- Coffee Shops (i.e. Starbucks)
- Vending Machines
- Food Delivery Services
The Chase Freedom Unlimited Card earns 3 Ultimate Rewards Points per $1 spent on drugstore purchases.
1.5% Everything Else
All other purchases made to the Chase Freedom Unlimited Card earns 1.5 Ultimate Rewards Points per $1 spent.
As a Chase Freedom Unlimited cardholder, you'll receive a complimentary 3-month subscription to DoorDash's DashPass. This provides unlimited deliveries for a $0 delivery fee on eligible orders over $12 on DoorDash and Caviar.
After the complimentary subscription, you are automatically enrolled in DashPass at 50% off for the next 9 months. This benefit has to be activated by March 31, 2022.
Travel & Purchase Protections
The Chase Freedom Unlimited Card comes with the following travel and purchase insurance:
- Auto Rental Collision Damage Waiver
- Trip Cancellation Insurance
- Trip Interruption Insurance
- Travel and Emergency Assistance Services
- Purchase Protection
- Extended Warranty Protection
- Fraud Protection
Chase Freedom Unlimited Points Value
|Redemption Option||Average Value (in cents)|
|Booking travel through Chase Ultimate Rewards||1|
|Redeeming points for cash back||1|
|Redeeming points for gift cards||1|
|Using points for Amazon.com purchases||0.8|
Chase Freedom Unlimited Points are worth 1 cent each when redeemed for cash back, statement credits, gift cards, and travel.
You can obtain higher value by transferring your Chase Freedom Unlimited Points to an Ultimate Rewards credit card that offers the ability to transfer points to Chase's travel partners or redeem them for travel through Chase Ultimate Rewards.
Those options would be:
Here are the values you can obtain with each Ultimate Rewards credit card compared to the Chase Freedom Unlimited:
|Chase Freedom Unlimited||1 Cent|
|Chase Sapphire Preferred||1.25+ Cents|
|Chase Ink Business Preferred||1.25+ Cents|
|Chase Sapphire Reserve||1.5+ Cents|
The best way to maximize the value of the Chase Freedom Unlimited Card is by pairing it with an Ultimate Rewards credit card that offers increased value towards travel and other purchases (such as Pay Yourself Back).
For example, 40,000 points earned with the Chase Freedom Unlimited alone has a cash value of $400.
If you were to transfer those points to the Chase Sapphire Preferred or Ink Business Preferred, they would be worth $500 towards travel. Transferring them to the Chase Sapphire Reserve would yield an even higher value of $600.
In addition to the extra value through Chase Ultimate Rewards, you would also have the ability to transfer your points to Chase's airline and hotel partners which can give you even higher value than 1.5 cents each.
Chase 5/24 Rule
If you've opened up more than 5 new accounts in the last 24 months, it may be hard to get approved for the Chase Freedom Unlimited and other Chase credit cards. This includes any kind of new account and not just new credit card accounts.
If you're unsure of how many accounts you've opened up in the last 24 months, you can use Credit Karma to check for free without hurting you credit score.
Use the Chase Freedom Points Calculator to determine how many points you can earn based on the monthly or yearly spending amounts you enter.
You can calculate the cash value of the Chase Fredom Unlimited Card alongside up to two other credit cards from any issuer.
Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site. This means there's no need ot re-enter spend when jumping to other credit card pages on the site.
NOTE: This calculator shows transfers to partners. Do note that you can not transfer points directly from the Chase Freedom Unlimited Card to Chase's travel partners. You must first transfer your points to an Ultimate Rewards credit card that is capable of transferring points such as the Sapphire Reserve, Sapphire Preferred, or Ink Business Preferred.
Is the Chase Freedom Unlimited a good credit card?
Yes. It's one of the best no-annual fee credit cards on the market thanks to it's high earning rate across several categories and 1.5% back on all other purchases.
Is the Chase Freedom Unlimited good for travel?
Yes. The card earns a very rewarding 5% cash back on travel purchases made through the Chase Travel portal. On top of that, it offers 3% back on dining purchases which a popular category when traveling.
How does Chase Freedom Unlimited Points work?
Cash back earned with the Chase Freedom Unlimited is recorded as Ultimate Rewards Points with each point being worth 1 cent each when redeemed for cash.
How much are Chase Freedom Unlimited points worth?
Points earned with the Chase Freedom Unlimited are worth 1 cent each.
Can you transfer Chase Freedom Unlimited points to airline and hotel partners?
Chase Freedom Unlimited Points cannot be directly transferred to Chase's full list of airline and hotel partners. You will first need to transfer your points to a Chase Sapphire Preferred, Ink Business Preferred, or Chase Sapphire Reserve credit card in order to transfer points to all Chase partners.