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The Chase Freedom Unlimited® card has launched a special cash back match offer that's raising eyebrows right now.
With the current promotion, new Chase Freedom Unlimited cardholders earn unlimited matched cash back on purchases for the first 12 months they have the card. The matched cash back is paid out at the end of this 12-month period.
Depending on your spending habits, this offer could potentially be quite valuable. For example, if you spend $5,000 at 1.5% cash back (this card's base rewards rate), you'll earn $75 in cash back, with another $75 in matched cash back coming to you at the end of your first year with the card. That's a lot of value for a card with no annual fee.
Chase Freedom Unlimited®
- Our Rating 4.5/5 How our ratings work Read the review
- APR20.49% - 29.24% (Variable)
- Annual Fee$0
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Sign Up Bonus
Matched Cash BackExtra Cash Back
SPECIAL OFFER: Unlimited Matched Cash Back. Chase will automatically match all the cash back you earned at the end of your first year! There is no limit to how much cash back you can earn.
We like that the card offers a high flat rewards rate but also provides accelerated rewards on some common everyday spending categories. You’ll also get access to the Chase Ultimate Rewards Travel portal, which allows you to use your cash-back earnings for travel rewards, gift cards and more. If you make this your primary card for most purchases you can quickly rack up a lot of rewards.
Overview
The Chase Freedom Unlimited card is unique for a couple of reasons. First, it comes with purchase protection and extended warranty protection you don’t see with some other cash-back cards. Second, you earn cash back in the form of points (Chase Ultimate Rewards) and when paired with another annual-fee earning Chase product, you can get even more value if you love to travel by transferring to partners.
That’s because while the Freedom cards are marketed as cash-back credit cards, they actually offer points. You can use those points to book travel through Chase at a rate of 1 cent per point. But if you have the Chase Sapphire Preferred® or Chase Sapphire Reserve®, you’ll get 25% and 50% more value on those travel redemptions, respectively. (Plus, the ability to transfer your points, too.)
Pros
- No category bonuses to remember; earn at least 1.5% back on everything
- No annual fee
- Generous travel and purchase protection benefits
Cons
- Can't transfer Chase points unless paired with another annual-fee Chase product
With the Chase Freedom Unlimited, you'll enjoy an impressive 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services. Travel enthusiasts are in for a treat, with 5% cash back on travel purchased through Chase Ultimate Rewards®. All of these bonus categories qualify for the matched cash back promotion as well, meaning you could recoup 10% of the cost of your next vacation by using this card.
Additional Features and Benefits
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Beyond the cash back rewards, the Chase Freedom Unlimited card brings a suite of other benefits to the table. It kicks off with a 0% introductory APR for 15 months from the account opening on both purchases and balance transfers. After this introductory period, an 20.49% - 29.24% (Variable) APR applies.
There's also no need to accumulate a minimum cash back balance to redeem your rewards. You have the flexibility to choose between receiving a statement credit or direct deposit into most U.S. checking and savings accounts. Furthermore, your cash back rewards won't expire as long as your account remains open.
Perhaps one of the most appealing aspects of this offer is the absence of an annual fee. You can enjoy all these features without the burden of extra costs.
Bottom Line
The Chase Freedom Unlimited card's special offer is a game-changer in the realm of cash back rewards. It's one of the best ways to maximize your cash back earnings we've seen in a while. With an array of benefits and features, this card presents an enticing proposition for those looking to elevate their financial game.
Ready to apply for a Chase Freedom Unlimited card? Start here.
Slickdeals Money Staff
The Slickdeals Money editorial team is dedicated to helping readers navigate the personal finance space. We’re passionate about educating our readers on the very best financial tools & products on the market today.
