Chase Freedom Unlimited – How to Apply

By Raquel Oliveira • 02/26/2025

Chase Freedom Unlimited offers Unlimited 1.5% cashback on all purchases.

The Chase Freedom Unlimited credit card is an excellent choice for those who want consistent cashback rewards on every purchase. With 1.5% cashback across all spending categories, it allows users to earn rewards effortlessly without tracking specific requirements.

A key benefit of this card is the $200 welcome bonus, available to new cardholders who spend $500 within the first three months. This straightforward incentive adds immediate value and makes the card a great option for everyday purchases.

In addition to its base cashback, the card offers increased rewards in select categories, including 5% on travel purchases made through Chase Ultimate Rewards and 3% on dining and drugstore purchases.

This guide will provide an overview of how the card works, its key benefits, potential downsides, fee structure, and the application process. These details will help you determine if this credit card suits your financial needs and spending habits.

How Does the Chase Freedom Unlimited Credit Card Work?

The Chase Freedom Unlimited credit card provides cashback rewards on all purchases, ensuring a simple and flexible earning structure with no need to track spending categories or enroll in special programs each quarter.

Cardholders earn 1.5% cashback on every transaction, allowing them to accumulate rewards without restrictions. Additionally, 5% cashback applies to travel bookings made through Chase Ultimate Rewards, making it a valuable option for frequent travelers.

For dining and drugstore purchases, cardholders earn 3% cashback, offering more savings in two high-spending categories. This unique structure sets it apart from other general cashback cards that typically focus on supermarket and gas station rewards.

New users benefit from a 0% introductory APR for 15 months on purchases and balance transfers, providing interest-free financing for planned purchases or debt consolidation during the initial period of card ownership.

Main Benefits of the Chase Freedom Unlimited Credit Card

• Unlimited 1.5% cashback on all purchases, ensuring a simple and effective rewards system without rotating categories or activation requirements.
• Higher cashback rates in specific categories, including 5% on travel purchases through Chase Ultimate Rewards and 3% on dining and drugstore spending, maximizing savings on common expenses.
• A 0% introductory APR for 15 months on purchases and balance transfers, allowing cardholders to manage larger expenses or consolidate existing debt without interest.
• No annual fee, making this card a cost-effective option for individuals seeking rewards and financial flexibility without extra maintenance costs.

Cons of the Chase Freedom Unlimited Credit Card

Approval requires good to excellent credit, meaning applicants with lower credit scores may face challenges in getting approved for this card.

High APR after the introductory period, with rates ranging from 20.24% to 28.99%, which may be costly for users who carry a balance.

A 3% foreign transaction fee, making this card less suitable for individuals who frequently travel internationally or make purchases in foreign currencies.

Balance transfer fees of 5% per transaction, which can increase the total cost of transferring existing debt from other credit cards to this one.

APR and Fees of the Chase Freedom Unlimited Credit Card

Understanding the fees and interest rates associated with the Chase Freedom Unlimited credit card is crucial for managing finances effectively and maximizing cashback rewards while avoiding unnecessary costs.

• A 0% introductory APR for 15 months on purchases and balance transfers provides a strong incentive for new cardholders looking for interest-free financing.
• After the promotional period, the APR adjusts to a variable rate between 20.24% and 28.99%, depending on the cardholder’s creditworthiness and financial history.
• A 3% foreign transaction fee applies, making this card less favorable for frequent travelers who make purchases in foreign currencies.
• Balance transfer fees are 5% per transaction, which can be a significant cost for those transferring large balances from other credit cards.

How to Apply for the Chase Freedom Unlimited Credit Card

Applying for the Chase Freedom Unlimited credit card is a quick and straightforward process, with online applications often providing instant approval decisions for eligible applicants.

• Visit the Chase website and navigate to the credit card application section to find the Chase Freedom Unlimited card and begin the process.
• Fill out the application form with required details, including name, address, income, and Social Security number, to allow for credit evaluation and approval.
• Submit the form and wait for the approval process, which typically provides instant feedback regarding application status based on credit history and financial profile.
• If approved, the physical credit card will be mailed within 7 to 10 business days, after which it can be activated and used immediately for purchases.

Who Should Apply for the Chase Freedom Unlimited Credit Card?

The Chase Freedom Unlimited credit card is best suited for individuals who want a simple and flexible cashback system that allows them to earn rewards consistently without tracking spending categories.

It is a strong option for users who value a no-annual-fee card, ensuring that every cashback dollar earned remains in their pocket rather than being offset by maintenance fees.

Additionally, it benefits frequent travelers who book through Chase Ultimate Rewards, as the 5% cashback on travel purchases increases overall rewards accumulation and enhances trip savings.

However, individuals who travel internationally often may find other options more beneficial, as the 3% foreign transaction fee adds costs to purchases made in foreign currencies.

Final Considerations

The Chase Freedom Unlimited credit card provides a strong cashback structure, no annual fee, and a long 0% APR period, making it an attractive option for users seeking simple rewards.

While the foreign transaction fees may limit international usage, its higher cashback rates on travel, dining, and drugstore purchases make it a strong choice for everyday spending.

Before applying, consider whether this card’s features align with your financial habits, ensuring that it provides maximum value based on your lifestyle and purchasing preferences.