Rewards Rates
Key Cardholder Benefits
- 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!
- 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.
Rewards Value
Chase Freedom Unlimited Points are worth 1 cent each when redeemed for cash back, statement credits, gift cards, and travel. This means that 10,000 points are worth $100 in 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 |
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:
| Card | Point Value |
|---|---|
| Chase Freedom Unlimited | 1 Cent |
| Chase Sapphire Preferred | 1.25+ Cents |
| Ink Business Preferred | 1.25+ Cents |
| Chase Sapphire Reserve | 1.5+ Cents |
In short, if you want to redeem your points for signficantly more value towards travel, you'll want to pick up an Ultimate Rewards credit card.
Transfer Partners
Points earned with the Chase Freedom Unlimited and other Chase cash back credit cards can be transfered to the Chase Sapphire Preferred Card, Chase Sapphire Reserve, or Ink Business Preferred Credit Card. Points on those cards can then be transferred to Chase's airline and hotel partners.
Here's the list of Chase transfer partners:
Annual Fees
The Chase Freedom Unlimited Card has a $0 annual fee. There is also no charge to add additional cardholders which can help you earn points faster.
Freedom Unlimited Points Calculator
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.
Earning Rate Comparison
Want to know how the Chase Freedom Unlimited Card stacks up against other cards in the family? Check out the table below!
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FAQ
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.
