Chase Freedom Unlimited Review: Is This the Cash Back Card for You?

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Chase Freedom Unlimited review

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If you like the stability of a flat-rate rewards card or need some time to pay off a large purchase, then the Chase Freedom Unlimited card might be just the one for you.

The card is one of the best cash back cards on the market because of its high rewards rate, sign-up bonus, and other perks. Check out our Chase Freedom Unlimited review below to learn more.

Chase Freedom Unlimited review

Chase Freedom Unlimited is a solid cash back credit card. With it, you will:

  • Earn unlimited 1.5 percent cash back on every purchase.
  • Get a $150 sign-up bonus after you spend $500 in the first three months.
  • Get an extra $25 when you add your first authorized user and make your first purchase within this same three-month period.
  • Pay an introductory 0% APR for 15 months on purchases and balance transfers.
  • Have maximum redemption flexibility with cash back rewards.
  • No annual fee.

However, the Chase Freedom Unlimited card has its drawbacks. For instance:

  • A 1.5 percent cash back rate isn’t the best you can get.
  • After the 0% APR promotion is over, your interest rate may be above average.
  • If you want to transfer a balance, you’ll either pay $5 or five percent of the amount of each transfer, whichever is greater.

Check Out the Chase Freedom Unlimited Card Today

Chase Freedom Unlimited no-nonsense cash back

Several banks offer credit cards with high bonus rewards rates on certain spending categories. Most fall back to one percent of non-bonus spending. And for most people, that’s the majority of their spending.

With the Chase Freedom Unlimited card, you’ll get 1.5 percent on every purchase every day; no tricks or hacks necessary.

Technically, your rewards will show up as points instead of dollars. That’s because Chase gives you a few different options when redeeming your rewards, such as:

  • Account statement credits
  • Direct deposits to your checking account
  • Gift cards
  • Travel rewards
  • Amazon shopping credits

Just keep in mind you won’t get as much value when you use your rewards for shopping than if you do the other options.

Before you take the plunge with the Chase Freedom Unlimited, check out some other top cash back credit cards. There are some on the list that even pay two percent cash back.

Chase Freedom Unlimited bonuses worth up to $175

If the card’s cash back rate isn’t enough to entice you, consider the upfront incentives it offers. New cardholders will receive a $150 sign-up bonus after they spend $500 in the first three months.

What’s more, if you add an authorized user card and make a purchase during the same three-month period, you get an additional $25.

These bonuses are a great way for people who don’t spend a lot to earn a little extra cash. Many of the cards that offer bigger sign-up bonuses require thousands of dollars of spending rather than hundreds.

Some of the other perks the card offers include:

  • Zero liability fraud protection.
  • Purchase protection in case an item you purchase is damaged or stolen.
  • Price protection in case the price of an item you purchased drops.
  • Return protection in which you can be reimbursed for eligible items a store won’t take back within 90 days of purchase. This applies up to $250 per item, $1,000 per year.
  • Extended warranty protection which extends the time period of a U.S. manufacturer’s warranty by an additional year on items with eligible warranties of three years or less.

Save on interest with the Chase Freedom Unlimited

If you have a large purchase coming up or need to transfer a balance from a high-interest credit card, you’re in luck. With the Chase Freedom Unlimited card, you’ll get a full 15 months with no interest on new purchases and/or a balance transfer.

Just keep in mind that you need to make at least the minimum payment to keep the promotion. It’s also wise to pay off the full balance before the promotion ends. Otherwise, you may get stuck with a high interest rate on the leftover balance.

Review the Chase Freedom Unlimited Card Here

Chase Freedom Unlimited rates and fees

On the perks side of things, the Chase Freedom Unlimited card shines. It also has no annual fee. But if you plan to carry a balance or initiate a balance transfer, the rates and fees will eat into your rewards.

Average-to-high APR

Once the introductory 0% APR promotion is over, the card’s APR jumps to a 15.74% to 24.49% variable APR, depending on your creditworthiness (as of April 2017). In other words, carrying a balance can sting.

If you plan to do a cash advance with the card, know that your APR on those transactions will be 25.74% (as of April 2017). What’s more, there’s no grace period with cash advances like with regular purchases; interest begins accruing immediately.

Balance transfer fee

If you’re looking specifically to do a balance transfer, another card may suit you better. The Chase Freedom Unlimited charges five percent or $5, whichever is greater.

The thing is, most balance transfer cards charge only three percent, and there are a few that don’t charge a fee at all. Check out other top balance transfer cards before you apply.

Other fees

Here are the Chase Freedom Unlimited card’s other fees you should know about:

  • Foreign transaction fee of three percent
  • Cash advance fee of five percent or $10, whichever is greater
  • Late payment fee of up to $37, depending on your late balance amount
  • Return payment fee up to $37

Check to see if you’re pre-qualified

Chase doesn’t share information on its website about the card’s eligibility requirements. But you can check to see if you’re pre-qualified for the card. Chase will run a soft pull on your credit, which won’t ding your credit score.

Keep in mind that pre-qualified offers aren’t necessarily a commentary on your creditworthiness. Even if the card shows up in the results, there’s no guarantee you’ll get approved. And if you don’t see the card on the list, that’s also no guarantee that you won’t get approved.

Essentially, it’s just a way to check to see if you meet certain criteria that give you a good chance at getting approved.

Applying online for the Chase Freedom Unlimited

Chase’s application process for the Chase Freedom Unlimited card is clear-cut. Start by clicking on the “Apply Now” button on the card’s landing page. You’ll then start the application by filling out your name and address.

On the next page, you’ll be asked if you have a checking and/or savings account. Most major credit cards require that you have one or the other.

Other required information includes:

  • Employment status
  • Employer (if applicable)
  • Gross annual income
  • Residence status (own, rent, or other)
  • Monthly housing payment
  • Date of birth
  • Social Security number
  • Phone number
  • Email address

On the last page, you’ll be able to review the information you entered to make sure it’s correct. Once you submit the application, you’ll get one of two responses almost immediately. They’ll either approve your application automatically, or they’ll place the application in a pending status.

The pending status can mean a few different things:

  • The application was denied, in which case they will send a letter with a reason for the denial.
  • You’ve placed a fraud alert on one or more of your credit reports and Chase needs to call you to verify your identity.
  • For some reason, Chase needs to manually review your application. In this case, they’ll typically send a response by mail.

If your application does go to pending status, you can call Chase’s application status line at 1-888-338-2586.

Apply for the Chase Freedom Unlimited Card

Chase Freedom Unlimited customer service reviews

For the most part, current Chase Freedom Unlimited cardholders love the card. Credit Karma users have given it 4.6 out of 5 stars on average.

Several users were pleased with their credit limits and the card’s rewards program. Some users who started with low credit limits, however, noted that it was difficult to get a credit limit increase.

Contact Chase

If you have questions about the Chase Freedom Unlimited card you can reach their customer service team at 1-800-432-3117. If you already have a Chase credit card, you can also call the number on the back of the card.

You can also reach out to Chase’s support team through social media on Twitter @ChaseSupport, or the bank’s Facebook page.

Interested in a personal loan?

Here are the top personal loan lenders of 2019!
LenderAPR RangeLoan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Fixed rates from 5.990% APR to 16.240% APR (with AutoPay). Variable rates from 5.75% APR to 14.60% APR (with AutoPay). SoFi rate ranges are current as of March 18, 2019 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. See APR examples and terms. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 5.75% APR assumes current 1-month LIBOR rate of 2.50% plus 4.28% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.
  2. To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.
    See Consumer Licenses.
  3. Minimum Credit Score: Not all applicants who meet SoFi’s minimum credit score requirements are approved for a personal loan. In addition to meeting SoFi’s minimum eligibility criteria, applicants must also meet other credit and underwriting requirements to qualify.
  4. SoFi Personal Loans are not available to residents of MS. Maximum interest rate on loans for residents of AK and WY is 9.99% APR, for residents of IL with loans over $40,000 is 8.99% APR, for residents of TX is 9.99% APR on terms greater than 5 years, for residents of CO, CT, HI, VA, SC is 11.99% APR, and for residents of ME is 12.24% APR. Personal loans not available to residents of MI who already have a student loan with SoFi. Personal Loans minimum loan amount is $5,000. Residents of AZ, MA, and NH have a minimum loan amount of $10,001. Residents of KY have a minimum loan amount of $15,001. Residents of PA have a minimum loan amount of $25,001. Variable rates not available to residents of AK, TX, VA, WY, or for residents of IL for loans greater than $40,000.
  5. If you lose your job through no fault of your own, you may apply for Unemployment Protection. SoFi will suspend your monthly SoFi loan payments and provide job placement assistance during your forbearance period. Interest will continue to accrue and will be added to your principal balance at the end of each forbearance period, to the extent permitted by applicable law. Benefits are offered in three month increments, and capped at 12 months, in aggregate, over the life of the loan. To be eligible for this assistance you must provide proof that you have applied for and are eligible for unemployment compensation, and you must actively work with our Career Advisory Group to look for new employment. If the loan is co-signed the unemployment protection applies where both the borrower and cosigner lose their job and meet conditions.
  6. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (

2 Includes AutoPay discount. Important Disclosures for Payoff.

Payoff Disclosures

  1. All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.

3 Important Disclosures for FreedomPlus.

FreedomPlus Disclosures

  1. All loans available through are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, and credit usage and history. Eligibility for a loan is not guaranteed. Loans are not available to residents of all states – please call a FreedomPlus representative for further details. The following limitations, in addition to others, shall apply: FreedomPlus does not arrange loans in: (i) Arizona under $10,500; (ii) Massachusetts under $6,500, (iii) Ohio under $5,500, and (iv) Georgia under $3,500. Repayment periods range from 24 to 60 months. The range of APRs on loans made available through FreedomPlus is 5.99% to a maximum of 29.99%. APR. The APR calculation includes all applicable fees, including the loan origination fee. For Example, a four year $20,000 loan with an interest rate of 15.49% and corresponding APR of 18.34% would have an estimated monthly payment of $561.60 and a total cost payable of $7,948.13. To qualify for a 5.99% APR loan, a borrower will need excellent credit on a loan for an amount less than $12,000.00, and with a term equal to 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to directly pay off qualifying existing debt; or showing proof of sufficient retirement savings, could help you also qualify for the lowest rate available.

4 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Personal Loan Rate DisclosureFixed interest rates from 6.79% – 20.89% (6.79% – 20.89% APR) based on applicable terms. Lowest rates range from 5.99%-18.99% (5.99%-18.99% APR), are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment Discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with us at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their Citizens Bank Personal Loan during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account two or more times within any 12-month period, the borrower will no longer be eligible for this discount.

5 Important Disclosures for LendingPoint.

LendingPoint Disclosures

  • Loan approval is not guaranteed. Actual loan offers and loan amounts, terms and annual percentage rates (“APR”) may vary based upon LendingPoint’s proprietary scoring and underwriting system’s review of your credit, financial condition, other factors, and supporting documents or information you provide. Origination or other fees from 0% to 6% may apply depending upon your state of residence. Upon LendingPoint’s final underwriting approval to fund a loan, said funds are often sent via ACH the next non-holiday business day. LendingPoint makes loan offers from $2,000 to $25,000, at rates ranging from a low of 9.99% APR to a high of 35.99% APR, with terms from 24 to 48 months. The loan offer(s) shown reflect a 28 day payment cycle which is being offered as a courtesy as many of our customers are paid on a biweekly schedule and thus this may better align the loan payment dates with your actual income receipt schedule.

6 Important Disclosures for LendingClub.

LendingClub Disclosures

All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history. The APR ranges from 6.95% to 35.89%*. The origination fee ranges from 1% to 6% of the original principal balance and is deducted from your loan proceeds. For example, you could receive a loan of $6,000 with an interest rate of 7.99% and a 5.00% origination fee of $300 for an APR of 11.51%. In this example, you will receive $5,700 and will make 36 monthly payments of $187.99. The total amount repayable will be $6,767.64. Your APR will be determined based on your credit at the time of application. The average origination fee is 5.49% as of Q1 2017. In Georgia, the minimum loan amount is $3,025. In Massachusetts, the minimum loan amount is $6,025 if your APR is greater than 12%. There is no down payment and there is never a prepayment penalty. Closing of your loan is contingent upon your agreement of all the required agreements and disclosures on the website. All loans via LendingClub have a minimum repayment term of 36 months. Borrower must be a U.S. citizen, permanent resident or be in the United States on a valid long term visa and at least 18 years old. Valid bank account and Social Security number are required. Equal Housing Lender. All loans are subject to credit approval. LendingClub’s physical address is: LendingClub, 71 Stevenson Street, Suite 1000, San Francisco, CA 94105.

†Per reviews collected and authenticated by Bazaarvoice in compliance with the Bazaarvoice Authentication Requirements, supported by anti-fraud technology and human analysis. All reviews can be reviewed at

**Based on approximately 60% of borrowers who received offers through LendingClub’s marketing partners between January 1, 2018 to July 20,2018. The time it will take to fund your loan may vary.

7 Important Disclosures for Earnest.

Earnest Disclosures

  1. Earnest does not lend in Alabama, Delaware, Kentucky, Nevada, or Rhode Island.

8 Important Disclosures for Avant.

Avant Disclosures

* The actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors. Funds are generally deposited via ACH for delivery next business day if approved by 4:30pm CT Monday-Friday. Avant branded credit products are issued by WebBank, member FDIC.

** Example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33

* Important Disclosures for Upgrade Bank.

Upgrade Bank Disclosures

* Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. This rate includes an Autopay APR reduction of 0.5%. By enrolling in Autopay your payments will be automatically deducted from you bank account. Selecting Autopay is optional. Annual Percentage Rate is inclusive of a loan origination fee, which is deducted from the loan proceeds. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. All loans made by WebBank, member FDIC. Please refer to Upgrade’s Terms of Use and Borrower Agreement for all terms, conditions and requirements.

** Accept your loan offer and your funds will be sent to your bank via ACH within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes this transaction. From the time of approval, funds should be available within four (4) business days.

5.75% – 16.24%1$5,000 - $100,000

Visit SoFi

7.69% – 35.99%$1,000 - $50,000

Visit Upstart

7.99% – 35.89%*$1,000 - $50,000

Visit Upgrade

5.99% – 24.99%2$5,000 - $35,000

Visit Payoff

5.99% – 29.99%3$7,500 - $40,000

Visit FreedomPlus

6.79% – 20.89%4$5,000 - $50,000

Visit Citizens

9.99% – 35.99%5$2,000 - $25,000

Visit LendingPoint

6.95% – 35.89%6$1,000 - $40,000

Visit LendingClub

6.99% – 18.24%7$5,000 - $75,000

Visit Earnest

9.95% – 35.99%8$2,000 - $35,000

Visit Avant

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

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