Posted by William Charles on October 24, 2017
Credit Card Review

Published on October 24th, 2017 | by William Charles

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Chase Freedom Unlimited Review – 17,500 Point Bonus & 1.5x Points On All Purchases

In this review we look Freedom Unlimited card from Chase! As always, remember that we do not use credit card affiliate links, that means we can give you a review that isn’t biased by monetary incentives.

Card Basics

  • No annual fee
  • Card earns $150 after $500 in the first three months (card actually earns 15,000 Chase UR points, worth a minimum of $150. We explain this in more detail below).
  • Targeted in branch offer: $300 + $25 after $500 in spend
  • Add an authorized user and receive $25 (really 2,500 Chase UR points) when they make their first purchase
  • Card earns 1.5% cash back (really 1.5x Chase UR points) per $1 spent on all purchases
  • 0% Introductory APR for 15 months on purchases and balance transfers (5% balance transfer fee)

chase-freedom-unlimited

Application Information

Please feel free to add your own application information in the comments at the end of this review.

What Credit Score Is Required

Minimum Credit LimitHighest Reported Credit LimitAverage Credit Limit
$5,000.00$46,000.00$17,167.00


Common Reasons For Denial:

Keep in mind that if you’re denied, you can call the reconsideration line. You can find the phone number for Chase here and also tips for calling reconsideration here.

What Credit Bureau Does Chase Pull For The Chase Freedom Unlimited?

This depends on what state you live in, you can view that information here.

What Credit Limit Will I Receive?

Minimum Credit LimitHighest Reported Credit LimitAverage Credit Limit
$500.00$24,999.00$10,333.00

Card Fees

  • Foreign transaction fee: 3%
  • Annual fee: None

Rewards Program

As mentioned before, this card earns Chase Ultimate Rewards points.

Earning Rewards

This card earns at the following rate:

  • 1.5x Chase Ultimate Rewards points per $1 spent on all purchases

Sign Up Bonus

Current Sign Up Bonus
  • $150 + $25 after $500 in spend

Targeted bonuses:

Redeeming Your Rewards

Points are worth 1¢ per point in statement credit, but they can also be transferred to one of Chase’s travel partners at a 1:1 rate if you also hold one of their premium credit cards. Such as:

Chase’s travel partners are as follows and all transfer 1:1 unless otherwise specified:

Chase Travel Partners (All Transfer 1:1)  
Airlines
British Airways Executive ClubSingapore Airlines KrisFlyerVirgin Atlantic Flying Club
Flying Blue AIR FRANCE KLMSouthwest Airlines Rapid RewardsAer Lingus
Korean Air SKYPASS (leaving program on August 25th, 2018)United MileagePlusIberia Plus
Hotels
Hyatt Gold PassportMarriott Rewards
IHG Rewards ClubThe Ritz-Carlton Rewards

Our Verdict

Most people that read this blog won’t be eligible for this card due to the Chase 5/24 rule (although as mentioned before it is worth checking in branch for a pre-approved offer, especially considering you can get the double bonus currently as well).

The real value of this card is pairing it with a premium Chase card to give you the ability to transfer the points to travel partners. If you don’t have one of those cards, it still offers one of the better cash sign up bonuses but the 1.5% cash back earning rate is easily beaten.

1.5x Chase Ultimate Rewards points on all purchases sounds great, but I think most people would actually be better off with the regular Chase Freedom and it’s 5x rotating categories. I talk about this in more detail in this post.

Overall this is a good card if you have a premium Chase card and value Chase Ultimate Rewards points highly. If you don’t it might make sense to get one of the other Chase cards with a higher sign up bonus, or a card that earns at a higher rate on all purchases.

F.A.Q’s & Tips

Most of your questions will be answered in this post. If they aren’t, ask below in the comments and I’ll happily answer them.

Where can I find the guide to benefits?

That can be found here.

Is it possible to be pre-approved?

Yes, it’s possible to get both online and in branch pre-approval for this card. Chase prefers to use the term ‘pre-qualified’ rather than ‘pre-approved’

Can I receive the sign up bonus on the Freedom Unlimited & Regular Freedom?

Yes you can.

Card Changes/History

This card has only ever had it’s sign up bonus changed, the rewards structure has always been a flat 1.5x.

The history of the card is as follows:

 



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In the “common reasons for denial” instead of “Online pre-approvals will not” I would probably change it to: “Online pre-qulifications will not.” as the online link is https://www.chase.com/prequalified

Was just declined for Marriott Rewards due to 5/24. Saw this as an ‘offer for you’ on my Chase account, and was approved for this. Apparently online pre-approvals may work here?

If I already received the signup bonus for this Unlimited card then apply for the standard Chase Freedom card, will I be eligible for that signup bonus too?

I have a credit limit of 24,999 so 20000 is incorrect

Not sure how people usually post datapoints, but I was approved about 2 months ago for the FU with a credit limit of 17400. I ended up decreasing the limit to make it easier to get other cards(CSP, etc).

Hey Doc

Have you ever done a product change to this one ?

Might be worth doing that and foresaking the signup bonus because of 5/24 and lots of credit already extended , i have a csr im going to pc next year and need to determine which chase card i will pc too. I Already have 2 rrgular chase freedoms.

I have CSR and CSP (had to reduce limit on the CSR to get the CSP via recon). Got CPC status and applied for Freedom Unlimited shortly afterwards and got approved w/ 25k limit on Freedom Unlimited without recon or having to reduce limit on Sapphire cards.

I wonder if Sapphire cards limit is separate from the Freedom cards limit or it was because of CPC that I got extended the extra credit. (I also have a chase amazon card)

Have $30K cl

Is it okay to share Refer-A-Friend links here?

I have the Freedom card that has rotating 5% back categories.

I love my Chase Freedom Unlimited card! In addition to the easy to get $150 bonus (https://creditcards.chase.com/cash-back-credit-cards/chase-freedom-unlimited) and no annual fee, Chase also has a refer-a-friend program that will net you $100 per referral! Please feel free to use my referral link if you would like. 🙂 [removed]

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