![]() ![]() Key Characteristics of the Chase Freedom Unlimited Next, we’ll take a closer look at some of the benefits and downsides of this card from Chase. As a cardholder, Visa’s Zero Liability policy covers you for any unauthorized transactions or if your card is lost or stolen.All you need to do is make the rental transaction with your Freedom Unlimited card and decline the rental company’s insurance policy. Receive coverage for damage due to collision or theft with Visa’s Auto Rental Collision Damage Waiver.This is limited to $500 per claim and $50,000 per account. Purchase protection covers your new purchases for 120 days against damage or theft.For a limited time, cardholders receive a complimentary DoorDash DashPass for the first three months, followed by a 50% discount for the next nine months.Covered reasons include sickness, severe weather conditions, and more. Trip cancellation/ interruption insurance means you can claim up to $1500 per person and $6000 per trip for your prepaid, non-refundable passenger fares.Since the Chase Freedom card is part of the Visa family, it includes several other benefits: The regular APR on balance transfers is also 20.24% - 28.99% Variable. After which, depending on your credit score, you’ll be assigned a regular purchase APR ranging between 20.24% - 28.99% Variable. There’s a 0% introductory APR on purchases and balance transfers for the first 15 months of account opening. ![]() In addition to minimal fees, the Chase Freedom Unlimited credit card has a very competitive interest rate. Penalty fees: The credit card company charges up to $40 for each late or returned payment.Foreign transaction fee: 3% of each transaction in U.S.Cash advance fee: Either $10 or 5% of the transaction, whichever is greater.Balance transfer fee: Either $5 or 5% of the transfer amount, whichever is greater.However, there are a few other fees the potential cardholder should be aware of: The $0 annual fee will be attractive to many consumers since the cardholder receives tons of benefits at no cost. Next, let’s take a look at the kind of fees you can expect from the Chase credit card. So, even if you have a perfect credit score of 850 and plenty of disposable income, the card issuer will still reject you. In a nutshell, the 5/24 rule prohibits people who have opened five or more credit cards in 24 months from getting a new credit card with Chase. If you’ve applied for too many, Chase’s 5/24 rule will result in automatic rejection. Something else to consider before applying is how many credit cards you’ve applied for in the past. As such, you should apply for this card with a credit score of 670 or better.Īpplying with a lower credit score won’t guarantee rejection, but you may be subject to higher interest rates. The card issuer designed this rewards card for people with a good credit score or better. 3% cash back on dining and drugstore purchases.Ĭhase has also packed in a lengthy 15 month 0% introductory APR period on purchases and balance transfers (the ongoing APR is 20.24% - 28.99% Variable).Īlthough commonly regarded as a cashback rewards card, it’s clear that this is also an excellent card for racking up travel rewards and taking advantage of the 15 month long intro APR on large purchases.Ĭhase Freedom Unlimited Credit Score Requirements.5% cash back on travel purchases made through Chase Ultimate Rewards ®.4.5% cash back on drugstore purchases and dining at restaurantsĪfter the first year or $20,000 spent you get:.6.5% cash back on travel purchased through Chase Ultimate Rewards ®.The card offers competitive cash back rewards on up to $20,000 spent during the The Chase Freedom Unlimited is an excellent credit card for anyone looking for a daily-driver credit card with a solid rewards program. Alternatives to the Chase Freedom Unlimited.Key Characteristics of the Chase Freedom Unlimited.Chase Freedom Unlimited Credit Score Requirements. ![]()
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