Is the bonus awarded as cash or points?

The $200 bonus is awarded as 20,000 Chase Ultimate Rewards points. If you only have the Freedom Unlimited, you can redeem these at 1 cent per point for cash back. However, if you have a premium Chase card, you can transfer these points to travel partners for potentially higher value.

Does the Chase Freedom Unlimited have an annual fee?

No, the Chase Freedom Unlimited has no annual fee, making it an excellent long-term addition to your wallet. This is one of the reasons it's considered among the best no-annual-fee credit cards available.

Can I combine Freedom Unlimited points with other Chase cards?

Yes, if you have a premium Chase Ultimate Rewards card (Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred), you can pool your Freedom Unlimited points and transfer them to Chase's travel partners like United Airlines, World of Hyatt, and Air Canada Aeroplan.

What are the best spending categories for the Freedom Unlimited?

The card excels at dining (3%), drugstores (3%), and general spending (1.5%). It's particularly valuable for drugstore purchases, where it consistently outearns most competing cards. The uncapped 1.5% rate on everything else makes it a solid everyday card.

Does the card charge foreign transaction fees?

Yes, the Freedom Unlimited charges 3% foreign transaction fees, making it unsuitable for international spending. Consider using a different card without foreign fees when traveling abroad or making purchases from international merchants.

Am I eligible if I've had Chase cards before?

The card is subject to Chase's 5/24 rule (5+ cards from any issuer in 24 months may result in denial) and you cannot receive the bonus if you've received a Freedom Unlimited bonus in the past 24 months. Plan your Chase card applications strategically.

What additional benefits does the card offer?

Beyond rewards, you get 6 months of free DoorDash DashPass, rental car protection, trip cancellation/interruption insurance, extended warranty protection, and purchase protection. These benefits add significant value for a no-annual-fee card.

Should I apply for this card if I already have premium Chase cards?

Yes, the Freedom Unlimited makes an excellent companion to premium Chase cards. It allows you to earn 3% on dining and drugstores while earning 1.5% on everything else, maximizing your Ultimate Rewards earning potential across all spending categories without paying additional annual fees.