Chase Freedom Unlimited Credit Card Review
The Chase Freedom Unlimited credit card has been one of my go-to cards for purchases that don’t fall into one of my other cards bonus categories. The card offers unlimited 1.5% cash back on every purchase with no revolving categories to keep up with.
Chase Freedom Unlimited Credit Card: Rewards
The Chase Freedom Unlimited credit card offers some great perks for those looking to rack up rewards.
1.5% unlimited cashback on everything
This card is perfect for those purchases that are not offered as other card bonus categories.
Chase Freedom Unlimited Credit Card: Other Benefits
Currently, the Chase Freedom Unlimited credit card offers a $200 statement credit when you spend $500 within the first 3 months of owning the card. This is a pretty good offer, especially if you typically spend that much on everyday purchases.
Similar to other cards, the Chase Freedom Unlimited also offers a 0% intro APR for the first 15 months, a few months longer than many other issuers and a great option for those who need to borrow.
In addition, you’ll also have access to Chase Offers, a rewards system that offers unique deals to various stores nationwide (I commonly receive 5% back on Starbucks!). These will stack on top of your normal 1.5% cashback.
Chase Freedom Unlimited Credit Card: Cost
The Chase Freedom Unlimited credit card has a $0 annual fee making it a great option for just about anyone.
Chase Freedom Unlimited Credit Card: Qualifications
The Chase Freedom Unlimited credit card is for people with average or better credit scores. If your credit score ranges anywhere from 650-850, you’ll have a good chance of being approved for this card. If you want to be safe, only apply with a score greater than 700.
Chase Freedom Unlimited Credit Card: Credit Limit Increases
Chase does an average job of automatically increasing your credit limit. They are not as proactive as other issuers like American Express, but they will sometimes boost your credit limit.
There is one drawback, however. Whenever you manually request a credit limit increase, Chase will pull a hard inquiry which will hurt your credit score. This means you should only request one if you really need it and makes increases less frequent when compared to other cards.
Should I get the Chase Freedom Unlimited Credit Card?
The Chase Freedom Unlimited credit card is a great option for those who spend on things not typically apart of bonus categories for alternate cards. The 0% intro APR is another great benefit along with the $200 statement credit when you spend $500 in the first 3 months.
Other cards do offer more frequent and substantial credit limit increases, so if that is a priority for you, you may want to consider another card like the AMEX Blue Cash Everyday credit card.
All in all, this card does offer some good perks and should be considered if you’re looking for a card with decent rewards and a nice intro bonus. If your credit score is above 700, we would recommend this credit card.
Overall Score: 7.2/10