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The Chase Freedom Unlimited® is a great choice for consumers who want to keep their points and miles earning game simple with a single credit card in their wallet. This no-annual-fee card comes with generous bonus categories that are practical for anyone while offering benefits that beat many higher-tier credit cards without having to pay an annual fee. Here’s why we think the Freedom Unlimited deserves a slot in everyone’s wallet. 

Chase Freedom Unlimited: At a Glance

Annual fee

$0

Intro APR

0% Intro APR for 15 months on purchases and balance transfers,
then a 20.49% - 29.24% (Variable) APR applies

Rewards currency

Chase Ultimate Rewards

Sign-Up Bonus

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.

Reward Rates

  • 5% cash back on travel booked through the Chase travel portal
  • 3% cash back at drugstores
  • 3% cash back on dining at restaurants
    (including takeout and eligible delivery services)
  • 1.5% cash back on everything else

Included Benefits

  • 3 months of complimentary DashPass membership through DoorDash,
    which waives delivery fees
  • 3 months of complimentary Instacart+ membership,
    which waives the delivery fee.
  • 5% total cash back on qualifying Lyft rides through March 31, 2025,
    when paid with the Chase Freedom Unlimited
  • Purchase protection
  • Extended warranty protection
  • Trip cancellation and interruption insurance
  • Rental car insurance

Card Drawbacks

  • 3% foreign transaction fee
  • Points cannot be transferred to external airlines
    or hotels unless you also hold a Chase travel credit card

If your curiosity has been piqued, read our Chase Freedom Unlimited review to learn more about whether this card is right for you.

Why the Freedom Unlimited Is the Best Daily Credit Card

If you want to earn travel rewards from a single credit card with no annual fee, the Chase Freedom Unlimited is the one for you. These are our top considerations for this claim:

1. Generous Flat-Rate Rewards on Every Dollar With Practical Bonus Categories

friends dining at a restaurant

Pexels

If you have a big bill coming up, consider putting tuition, property taxes or similar large expenses on this card, especially during your first year as a cardholder. During your first year, you'll earn an extra 1.5% cash back on all purchases, up to $20,000 spent.

Here are the card's regular bonus categories:

  • 5% cash back on travel purchased through Chase Ultimate Rewards
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1.5% cash back on all other purchases

Looking at the rewards categories, all of these are practical, everyday expenses that you don't have to go out of your way to spend. If you dine out weekly or make drugstore purchases frequently, you'll get a lot of value out of the Freedom Unlimited card.

Slickdeals values Ultimate Rewards points at 2.3 cents apiece, which means that each dollar you spend will earn you at least 3.3 cents’ worth of value, up to 11.5 cents per point if used to book travel through the Chase travel portal. And if you hold a Chase Sapphire Preferred® or Chase Sapphire Reserve®, you can transfer your points to redeem through those cards for even more value. 

Related Article

Chase Travel Rewards: Guide to Chase Ultimate Rewards

Read More

2. Purchase FSA-Eligible Items for 3x Points at Drugstores

The Freedom Unlimited stands out among other Chase Freedom credit cards because it offers a flat 3x points per dollar spent on drugstore purchases. Keeping this card in your wallet means you’ll maximize your rewards on all those cough drops, Band-aid products, COVID tests, prescriptions and allergy medications. 

This card even helps you maximize your Slickdeals habit: If you find a good deal at CVS or Walgreens, make sure to pay with your Freedom Unlimited. Bonus savings and extra rewards—who doesn’t love that?

Quick Tip

Pay with your Freedom Unlimited card, then reimburse yourself through your FSA account. That way, you’ll earn the cash back but also benefit from the tax savings from your FSA funds.

To play the points and miles game on expert mode, you may even be able to pay for flexible savings account (FSA)-eligible purchases with your Freedom Unlimited for 3x points per dollar, then pay yourself back from your FSA account funds. 

As of 2023, the IRS allows an annual FSA contribution of $3,050 per employee. If you max out your FSA contribution and spend the full limit on eligible purchases at drugstores using the Freedom Unlimited, you could earn 9,150 Ultimate Rewards points every year.

Just remember to submit all of your FSA-eligible purchase receipts to your FSA account administrator for reimbursement. 

3. Enjoy Premium Credit Card Benefits Without an Annual Fee

The Freedom Unlimited is designed to help you maximize the money you spend. You’ll get premium credit card perks without having to pay an annual fee:

  • 3 months of complimentary premium memberships for DashPass (from DoorDash) and Instacart+, both of which waive delivery fees for purchases you make within that time frame. 
  • Earn 5x points per dollar spent on Lyft rides through March 31, 2025, as long as you pay the fare using the Freedom Unlimited. 
  • Access to Chase’s famous purchase protection, extended warranty protection, trip cancellation and interruption insurance, and rental car benefits. 

The “little credit card that could” does have a couple of drawbacks. You’ll incur a 3% foreign transaction fee for any purchase outside of the U.S., so don’t use this card for overseas travel. 

And while this card earns Ultimate Rewards points, you cannot transfer those points to airlines and hotels to book directly. Instead, you’ll have to hold a Chase travel credit card and transfer your Freedom Unlimited points to that card to transfer those points in turn to the travel partner of your choice.  

Learn More

Ready to Get Started?

Apply Now

Secure application on issuer’s website

Tip: Level Up to the Chase “Duo” or “Trifecta”

Chase Sapphire Preferred card and airplane

Slickdeals

The Freedom Unlimited is a strong contender for consumers who only want a single credit card with no fees or fuss. But if you’re interested in leveling up your game, consider pairing this card with one of the strongest travel cards in the market: the Chase Sapphire Preferred, which has a $95 annual fee.  

Slickdeals calls this combo the “perfect duo” because the Freedom Unlimited helps you earn bonus points on everyday expenses, which can be transferred to the Sapphire Preferred for a 25% value boost if booking travel through the Chase portal. 

Card Intro Bonus Annual Fee Rewards Rate Learn More

Chase Freedom Unlimited®

1.5%Extra Cash Back More Info

Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases.

$0 1.5% - 5%Cashback More Info

Enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

Chase Sapphire Preferred®

60,000Chase Ultimate Rewards Points More Info

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0.023 base)

$95 1x- 5xPoints More Info

The card offers 5x points per dollar on travel booked through Chase Ultimate Rewards, 3x points on dining (including eligible takeout and delivery services), as well as 3x points on select streaming services and online grocery purchases (excluding Target, Walmart and wholesale clubs). This card earns 2x points on all other travel spending and 1x point per dollar everywhere else. Chase broadly defines travel to include not just airfare, hotels and rental cars, but expenses like parking, tolls and public transit too.

Chase Sapphire Reserve®

60,000Chase Ultimate Rewards Points More Info

Earn 60,000 bonus points after using your card to spend $4,000 within three months of account opening. Dollar Equivalent: $1,380 (60,000 Chase Ultimate Rewards Points * 0.023 base)

$550 1x - 10xPoints More Info

The card offers 10x points per dollar spent on hotels and rental cars as well as 5x points on air travel booked directly through Chase Ultimate Rewards immediately after you spend $300 on travel purchases annually. Additionally, earn 3x points per dollar spent on all other travel and dining purchases and 1x everywhere else.

And if you’re shooting for the stars on maximizing your rewards, consider the “Chase Trifecta”. This triple threat—which usually includes the premium Chase Sapphire Reserve, the no-annual-fee Chase Freedom Unlimited and the Chase Ink Business Preferred credit cards (though the combo may vary)—links three of the most powerful cards in the Chase portfolio to maximize every single dollar you spend. 

You’ll also get airport lounge access, cellphone insurance and many other premium benefits by adding these two cards to your wallet. They do come with annual fees: $550 for the Sapphire Reserve and $95 for the Ink Business Preferred. 

Is the Chase Freedom Unlimited Worth It?

The Chase Freedom Unlimited is a clear win for consumers who value Chase Ultimate Rewards points, and is one of the best cash-back credit cards out there. This no-annual-fee card earns a minimum return of 1.5% on every dollar spent, with higher rewards for everyday spending categories, including dining and takeout, drugstore purchases and travel. It also pairs well with other premium Chase credit cards, allowing you to level up your travel rewards game with every dollar spent.

KF

Katherine Fan

Katherine Fan is a Personal Finance writer, travel journalist, and small business owner with over 6 years of experience writing for the top rewards travel and personal finance publications. Katherine has written more than 1,500 articles on personal finance and travel for media publications such as NerdWallet, The Points Guy, CreditCards.com, LendingTree, Forbes Advisor, USA TODAY and Upgraded Points in addition to Slickdeals.