While it is still possible to live in today's world without a credit card, there are a lot of benefits to having one. Credit cards can provide you with emergency funds or help you purchase something that you need but cannot afford with your current cash situation. There is still a huge responsibility in using a credit card.
With that in mind, you also want to own a credit card that gives you a lot of rewards especially cash back to help you mitigate some of the monthly dues that you have. This is why the Chase Freedom Unlimited Credit Card is a great example of a cashback rewards credit card. It has all the features that you need from a credit card and rewards you for using it on certain purchases.
Learn more about the Chase Freedom Unlimited Credit Card and how to apply today with the guide down below.
Main Benefits of the Chase Freedom Unlimited Credit Card
The Chase Freedom Unlimited Credit Card is a cash-back rewards credit card that lets you earn cash back for every purchase or transaction that you make using the card.
Upon signing up, you get an additional 1.5% cash back on everything you buy on top of the usual cashback rates from the card. You can earn as much as $300 cash back with up to $20,000 spent using the card in your first year.
You also get 5% cash back on travel purchases using the card and 3% on restaurants as well as takeout and eligible delivery.
Cardholders can also expect to receive 3% ash back on drugstore purchases and 1.5% on all other transactions made with the card.
Chase Freedom Unlimited Credit Card Fees and Other Charges
The Chase Freedom Unlimited Credit Card has a zero percent intro APR on purchases and balance transfers for the first 15 months of owning the card. After that, it will revert to a variable APR ranging from 20.24% to 28.99% depending on your creditworthiness.
Cardholders are not expected to pay any annual fee upon signing up for the card and it is forever waived for the rest of your life. The foreign transaction fee is 3% of the amount while the balance transfer fee is 3% of the total amount of each transfer or $5 whichever is greater.
These fees are very important as they will help you decide whether you want to apply for the card or not. Make sure that you review all of the fees that the card charges you for every transaction that you make before you apply.
Redeeming Your Cashback Rewards
Redeeming your cash-back rewards is also very easy with the Chase Freedom Unlimited Credit Card. All you need to do is to log in to your account and check to see how much cash back you've earned.
You can use it as a statement credit or direct deposit to your account. There are also gift cards or use the cash back rewards to get discounts on your items when you shop online, especially at Amazon.
If you are feeling charitable, you can use your cashback rewards and contribute them to many charitable organizations.
Lastly, you can even combine your rewards with your other credit cards so you can enjoy even more cash-back rewards.
Other Credit Card Perks
The Chase Freedom Unlimited Credit Card is not only known for its generous cashback rates and rewards but there are also many other perks that you can enjoy when you use the card. Cardholders can expect the complimentary DashPass subscription which allows you to get discounts on food deliveries and even get zero delivery fee when you're over $12.
After three months - unless you cancel, you will automatically receive 50% off on the monthly rate for the next nine months of subscribing to the pass. Aside from that, you also get purchase protection and extended warranty coverage for any item that you have purchased using the card.
Any trip cancellation or interruption is insured so you can always rest assured that your travels will never be stressful.
Eligibility Criteria for Application
If you want to apply for the Chase Freedom Unlimited Credit Card, make sure that you have a good to excellent FICO credit score of at least 670.
You must also be a resident of the United States and must have the documents to prove otherwise. You are also required to be 18 years old and above and must have an income to support the monthly payments of the credit card.
You can provide different documents such as income tax returns or salary slips for employed individuals. These documents will be required during your application so be sure to have them prepared.
How to Apply for the Chase Freedom Unlimited Credit Card
To apply for the credit card, check out their official website and select Chase Freedom Unlimited. Click on Apply and it will open a secured page where you will need to fill up an application form with your details.
Upload the required documents but be sure to review the details and the terms and conditions before you submit your application.
Is It The Right Card for You?
The Chase Freedom Unlimited Credit Card has everything you need for a standard cash-back rewards credit card.
It offers many great deals to consumers with its rich sign-up offers, affordable interest rates, and convenient cashing of rewards.
While there are some considerations to be made with the card, especially with your income, this credit card is the right fit for you if you're aiming to reduce the cost of your monthly dues while also enjoying cash-back benefits from your purchases.
Contact Details You Need to Know
If you want to learn more about the Chase Freedom Unlimited Credit Card, you can always call them at 1-800-432-3117. A bank representative will be answering all of your common questions about the Chase credit card.
You may also visit their main office at the address - JPMorgan Chase Headquarters, 270 Park Avenue, New York, NY.
Conclusion
The Chase Freedom Unlimited Credit Card is preferably designed for people who already have a better credit score and want to maintain their ratings. The card offers amazing benefits and perks that are usually saved for high-end credit cards which makes it a very appealing card for many people who are looking for a good credit card.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
