Posted by Chuck on March 7, 2019
Credit Cards

Published on March 7th, 2019 | by Chuck

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Rumor: Chase Freedom Unlimited 3% Signup Offer Beginning Soon

Reddit member u/IOwnSixStaplers, an employee of Chase, reports that the Chase Freedom Unlimited card will soon get a 3% bonus offer on select categories. We don’t yet know which categories or what the limit will be. This sounds to be a limited time offer, not a permanent feature (though it might become that eventually).

Another Reddit user has a bit of a different spin to the 3% rumor whereby Chase will again offer the 3% signup bonus deal which they ran last year. That offer gave 3x Ultimate Rewards points on all purchases for the entire first year of card membership. The timing makes sense as they ran this offer roughly a year ago in April.

(Update: Multiple other reports in the comments here are confirming this rumor. One report there mentions a $20,000 spend cap which essentially limits the max bonus to 60,000 points on $20k spend which is 30,000 more than usual. Basically a 30k signup bonus with a big $20k spend requirement.)

Separately, u/IOwnSixStaplers mentions that the Freedom card might be soon phased out. Existing cardholders will remain with the 5% categories continuing, but it’ll be phased out for new applicants.  Note, this part was mentioned more speculative than the 3% bonus offer.

I don’t put a whole lot of stock in the rumor of Freedom being phased out. One of the two 3% offer rumors are likely true, maybe even both of them are true.



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Drivesabrowntruck
Drivesabrowntruck

CIP, I know our time was short, but would you mind if I date your step sister?

Paul
Paul

The fact that they offer TWO OTHER BIZ CARDS with 50000 UR signing bonuses for no annual fee is just amazing too.

If only you could refer to them with CIP.

Drivesabrowntruck
Drivesabrowntruck

Yeah, I really liked 3X earning, Chase lacks grocery multipliers that Amex has, maybe we’ll see something competitive now.

Paul
Paul

The gold is just so good up to that limit…it would be nice if Chase had a comparable card.

akjohnny
akjohnny

I seriously doubt the Freedom will be phased out.. that is one of their flagship cards… if the 3% for 1 year deal is true then I know what will take up one of my p2 5/24 slots… wasn’t the 3% offer previously for just 6 months and not 1 year?

JSEA747
JSEA747

It was for a full year last April. P2 has been busy at GCC/GCM as her year is coming to an end.

Alli
Alli

It was a full year, at least for a while. My P2 got his and it’s coming to an end soon. It was also 12 months 0% interest which was nice since we moved across the country last year and racked up a bunch of moving expenses.

sara
sara

It was for 1 year with no cashback limit. (And you can transfer your points to Chase Sapphire for travel bonus). It’s the best!!

akjohnny
akjohnny

when the heck will Chase Freedom announce the rest of their 5% bonus categories??? it’s already March and Q2 will start very soon.

BigB
BigB

Man flat 3% all around would just make my day. Plastiq churning forever.

Won
Won

If memory serves me correctly, doesn’t Plastiq code Visas as cash advances now? You don’t get points or a grace period on the interest on cash advances, I believe.

Jay
Jay

Pretty sure on Chase Visa cards they allow use of 20% of your available credit without issue

Hawke
Hawke

If we get 3x on Gas and Groceries on CFU, I will drop Amex Gold. I am sick of places don’t take Amex.

lei
lei

in my case, beside costco, every other gas station and grocery store will take both visa and amex… like safeway, kroger, wholefoods etc. restaurants can be a suffer though, not much small restaurant takes amex.

JV
JV

have ~50k in spend since getting the gold last fall and only 1 small local restaurant said they couldnt take Amex (although they do now after complaining to mgmt).

Jeff
Jeff

Wife works at Chase. It’ll be 3% for the first year, capped at $20k spend. Then revert to 1.5%.

Tframe
Tframe

Just applied and was approved for CFU last Friday. Will I be able to take advantage of this offer?

Drivesabrowntruck
Drivesabrowntruck

Jeff Will this be new signups or available to current holders? I’m guessing most around here have a CFU already from some sort of downgrade.

Jeff
Jeff

3% will be for new signups only. $150 bonus will removed. Also, for what it’s worth, my wife is not aware of the 3% for categories rumor. BUT as for another rumor, she says the CSP bonus will be 60k points and will no longer waive the annual fee the first year. All expected “by end of March.”

qmc
qmc

We’ve seen CSP 60k/NoAfW before, so that’s plausible too!

Lrdx
Lrdx

Soo.. $300 signup bonus (3% minus 1.5% regular reward) after $20k spend.
Compared to the regular $150 / $500 offer, it’s the 2x bonus value but 40x the spend.

Adam
Adam

Is the 3% raise in addition to the current $150 cash back bonus or does it replace the $150?

Jeff
Jeff

It will replace the $150 cash back bonus.

HmoobMikah
HmoobMikah

I applied for the Freedom Unlimited last June. Can I PC to another Freedom card and apply for another Unlimited and get the signup offer again?

Aaron
Aaron

You can, but you won’t get the sign up bonus.

Justin
Justin

If the CFU was open longer than 24 months before the PC, would the signup bonus apply for a new CFU?

Barry
Barry

Just keep the Freedom Unlimited and apply for a Freedom card.

Vic
Vic

I have an acquaintance in Chase saying the same thing as the 2nd redditor, that they will offer 3x CFU for the first year as a sign-up bonus. Didn’t hear anything about CF phasing out.

Paul
Paul

losing the ability to PC to Freedom would be brutal, easy 3-6k a year in MSR/good organic spend Q per card

sid
sid

PC, what’s that?

Sam
Sam

Product Change

Satellite
Satellite

Product change

Tall T
Tall T

Product change

Jeff G
Jeff G

Product change

Chris
Chris

I like how 4 people responded to this

Alys Holden
Alys Holden

product change

Thai To
Thai To

True. Love the freedom

Points
Points

I just got under 5/24. Will it make sense to get Freedom first?

akjohnny
akjohnny

depends if you would rather have 3% on everything up to 30k or 1% plus 5% categories… play with the math and see which makes more sense for you.

Points
Points

but is Freedom best card as first Chase card? or Southwest is better? I don’t want CIP because I already get 3x on travel through Wells Fargo Propel with no annual fee.

Paul
Paul

The value of the categories for one year is low vs. getting a $500+ signup bonus.

Points
Points

$500+ bonus on which cards? CSR and CSP?

Paul
Paul

Yes, or some non-Chase cards with similar bonuses

Paul
Paul

Neither, in all likelihood, especially the freedom. You’re better off getting a card with a big sign-up bonus like CSR or CSP then product changing that to the no annual fee freedom after a year.

Ferris
Ferris

I smell a lawsuit coming….Chase Freedom Unlimited 3x bonus could be construed as no limit to the 3x.

qmc
qmc

I didn’t even think this site had downvotes, yet here you are at -1….

Ferris
Ferris

I guess there must be some die hard Chase employees here.

Ti
Ti

CF definitely got a visual update some time back… makes me think the OP does not know too well about the Freedom card.

Barry
Barry

I’m not following the math in this article. The update states a $20,000 spend cap which limits the bonus to 30,000 points. At 3X wouldn’t you get 60,000 points with $20,000 spent?

Rob
Rob

If there were no sign up bonus, you would normally earn 1.5 points per dollar. So if you spent 20k, you would get 30k points. He’s saying since the extra 1.5 points caps at 20k spend, it is the same as if you got a 30k sign up bonus, plus the normal points for your 20k spend.

Barry
Barry

Makes sense. Thank-you.

SP
SP

…”which limits the bonus to 30,000 points”…
Regular: $20,000 x 1.5points/$ = 30,000 points.
…”At 3X”…: $20,000 x 3points/$ = 60,000 points. By at 3X, you would understand that this is twice the 1.5X.
In other words, 1.5x is the regular points you would receive, additional 1.5x is the bonus part which is 30,000.

William Charles

Yes, but you’d normally get 30k points anyway so the bonus is only 30k points.

Peter
Peter

My SO got in on the “3X On Everything” offer last year and we have been using the hell out of the card racking up UR.

If they are now capping at $20k on their new offer, then that is wack. We did $15k easily every statement period.

Justin
Justin

Same for my SO. Spread usage out among other cards that had equal or greater earnings as needed, but it was nice having a go to card with a consistently high return. Our UR balance is fat even after some transfers for int’l airfares. Going to miss this one.

Paul
Paul

It’s almost like they realized people like you were killing the card because it was too good to be true

Electroman
Electroman

Only “almost” though.

Abe
Abe

I will pass until I become targeted for the 30K points after $500 spend either on the Chase FU or the conventional Chase Freedom.

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