A popular travel rewards credit just issued a new welcome offer — and you can earn a TON of bonus points during your first year of membership.
And I really like it because the rewards earnings are unlimited — and there’s no minimum spending requirement you need to meet within a specific time frame.
100% Match for the First 12 Months
The no-annual-fee Chase Freedom Unlimited® currently features an “Unlimited Matched Cash Back” offer for people applying for this promotion. At the end of your first year of card membership, Chase will automatically match all the cash back (awarded as Chase Ultimate Rewards®) you earned. In other words, you earn points as usual during the first 12 months — then get the 100% points deposit right after that.
There is no limit to how much cash back (how many Ultimate Rewards points) you can earn.
(Membership starts as soon as you’re approved for the card.)
And that’s for un-bonused spending.
The Chase Freedom Unlimited® earns 5X on travel purchased through Chase Ultimate Rewards®. That means you score a total of 10X on those purchases during your first year.
Dining at restaurants (including takeout and eligible delivery services) earns 3X. That’ll get you 6X total during the first year.
Yes. 6X on dining, takeout, and many delivery services. That’s amazing — especially considering the card carries a $0 annual fee.
You also earn 3X at drugstores (cold, flu, and other ailment season is coming up!). Those purchases net 6X at the end of year one.
Chase features a bunch of travel transfer partners — so the sky (and sea and land 🙂 ) is the limit!
Transfer Your Points to Other Cards and Make Them More Valuable
Three Chase cards allow cardholders to redeem points at higher values when using them to purchase travel through Chase Ultimate Rewards®:
- Chase Sapphire Reserve®: 1.5 cents per point
- Chase Sapphire Preferred® Card: 1.25 cents per point
- Ink Business Preferred® Credit Card: 1.25 cents per point
Say you hold a Chase Sapphire Reserve® card. Those 6X you earn on dining and drugstore purchases are potentially worth 9 cents per point.
Subject to 5/24
The Freedom Unlimited® is a Chase card. That means it’s subject to Chase’s 5/24 rule: Chase will (likely) decline your application if you’ve been approved for five (5) or more cards from any bank during the past rolling 24 months.
But we’ve heard anecdotally that Chase might be thawing a bit and becoming friendlier.
People Ditching SkyMiles: Here’s a Great Chance to Try Something Else
Plenty of people irked with Delta and Amex told me they wanted to try something else.
Well, here’s a great opportunity. This is a no-annual-fee card and you can earn an insane amount of points during the first year.
Your Delta Platinum Amex Card earns 2X at restaurants. The Chase Freedom Unlimited® scores you 3X — and that’s without any promotions.
See where I’m going?
The Chase Freedom Unlimited® now features a promotion offering new cardholders a 100% match on all points earnings during the first year of card membership. There’s no limit as to how many points you can earn.
If you’ve been kicking the tires on getting a Chase card, this is a wonderful chance to finally take the plunge.
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