Chase Freedom Unlimited (CFU) is now available for online applications. It is not yet showing on the Chase site; the application link appears to originate from Credit Karma. A little odd that they got the link before anyone else, maybe it will go live later today.
Here is Credit Karma’s affiliate link and here is the stripped down version of the link with no affiliate.
- Chase Freedom Unlimited Coming Soon
- Coming in April: Chase Freedom Unlimited with 1.5 UR Points Per Dollar
As a reminder, here are the key details of the card:
- $150 signup bonus after spending $500 within 3 months
- An additional $25 bonus when adding an authorized user who makes a purchase within 3 months
- No annual fee
- Earns 1.5% cashback – 1.5 Ultimate Rewards points per dollar
- 3% foreign transaction fee
As far as getting approved for the card post-5/24: Last week we sent out a Newsletter (be sure to subscribe!) that 5/24 is perhaps not being applied to CFU. More recently, the reports are more unclear on this point (see this tweet, for example). Best hope is if you get instantly approved, and even that is no longer clear if it works. Let us know if you have success.
If you have a spare Chase card that you don’t use (CSP, Slate, etc.), you may as well product change that to the CFU, as we’ve discussed in previous posts.
- Chase Freedom Unlimited Now Available – Should You Apply/Product Change?
- Product Change to Freedom Unlimited Now Working via Secure Message
HT: my friend Matt from Milesfortwo via PM
I recently got the chase freedom unlimited and applied for Chase freedom. The fraud dept called and said to expect letter requesting copy of DL, etc. do they even give bonuses on both cards?
any info about grace period ? or no grace period at all?!
Husband denied for the regular Chase Freedom, so we won’t even bother with this one, although it looks good. I can’t apply since I’m like 18/24… lol… 🙂
Unsure if this is a great card or not. The Capital One Quicksilver is also 1.5% CB with no foreign transaction fee… The promo for Chase is $50 more than QUicksilver ($100 after $500 spent)
If we’re just talking about using the card for cash back, there’s certainly equal or better options out there. Chase isn’t honestly that flexible of a lender, IMO. CLIs are almost always HP, they will never your APR, rarely give any special spend promos, etc. They just aren’t that customer friendly IMO. So the only people who should bother with this card are those who will pair with a CSP for transfers. For cash back, go to a different product, IMO.
Applied via phone immediately after receiving the newsletter. Didn’t instantly approved. Now I also get a denial letter.
Ditto
Received an email from creditkarma advertising the early access offer and link to apply online. However apprehensive about the 5/24 rule. Would wait to see.
It appears that your summary missed a major negative on the Chase Freedom Unlimited card.
5% BT fee for a 15 month period.
Quote:
0% Intro APR for 15 months on purchases. After the intro period, a variable APR of 14.24%, 19.24% or 23.24%
0% Intro APR for 15 months on balance transfers. After the intro period, a variable APR of 14.24%, 19.24%, or 23.24%
Balance transfer fee is 5% of the amount transferred with a minimum of $5.
I found the same terms on two different links to this new card.
Thanks for pointing out
My spouse got denied based on too many new cards. Phone application was 5-6 days ago and got the letter in the mail yesterday. Called recon today and rep was very nice in explaining the policy applied to the Sapphire and both Freedom products. Asked if closing United Explorer card was an option and moving the credit line, and he said he wished he could but couldn’t. He said it was based on number of new cards opened since March 2014, so quite clearly 5/24 is now in effect for this.