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9.5

Chase Freedom Unlimited Review

Best all-around cashback card with no annual fee

Ranked #1 in Cashback Credit Cards
Visit Chase Freedom Unlimited →

Quick Summary

The Chase Freedom Unlimited® is our top-rated cashback credit card, offering an exceptional flat-rate rewards structure with no annual fee. Earn 1.5% cash back on every purchase, 5% on travel booked through Chase Travel, 3% on dining and drugstores, and an impressive sign-up bonus. When paired with a Chase Sapphire card, your points become even more valuable through the Ultimate Rewards ecosystem. It's the ideal everyday spending card.

Score Breakdown

Rewards Rate9.5
Sign-Up Bonus9.3
Annual Fee Value9.6
Flexibility9.5
Perks9.2

What We Like

  • ✓ No annual fee with strong rewards
  • ✓ 1.5% flat rate on all purchases
  • ✓ 5% on Chase Travel, 3% on dining/drugstores
  • ✓ Generous sign-up bonus
  • ✓ Points transferable in Ultimate Rewards ecosystem

What Could Improve

  • ✗ Foreign transaction fees apply
  • ✗ Rewards maximize when paired with Sapphire card
  • ✗ Credit score requirement is above average

Features

The Chase Freedom Unlimited earns 1.5% on general purchases, 5% on travel through Chase Travel℠, 3% on dining including takeout and eligible delivery, and 3% at drugstores. Points can be redeemed for cash back, travel, gift cards, or transferred to partners if you hold a Sapphire card. Purchase protection, extended warranty, and trip cancellation insurance are included.

Pricing

No annual fee makes this card accessible to all. The sign-up bonus typically offers $200 after spending $500 in the first 3 months. The intro APR is 0% for 15 months on purchases and balance transfers, then a variable 20.49%-29.24% APR. There is a 3% foreign transaction fee.

Usability

The Chase mobile app and website provide clear spending tracking and reward management. Point redemption is straightforward through the Ultimate Rewards portal. Auto-pay and spending alerts help manage your account. The card integrates well with digital wallets including Apple Pay, Google Pay, and Samsung Pay.

Key Specifications

Annual Fee$0
Cash Back Rate1.5% - 5%
Sign-Up Bonus$200
Intro APR0% for 15 months
Regular APR20.49% - 29.24%
Foreign Transaction Fee3%
Credit Score NeededGood to Excellent

Final Verdict

The Chase Freedom Unlimited is the best everyday cashback card for most people. Its combination of a competitive flat rate, bonus categories, no annual fee, and access to the Ultimate Rewards ecosystem is unmatched. It's particularly powerful when combined with a Chase Sapphire card for maximum point value.

MR
Reviewed by , Financial Products Editor | Our Methodology