Learn how to apply for the Chase Freedom Unlimited® card
To find the card that can serve as your sole wallet companion, it is essential to acquire the knowledge of applying for it.
What makes Chase Freedom Unlimited® a standout card?
The Chase Freedom Unlimited® card offers a generous earning rate, especially considering it has no annual fee. You can receive 5% cash back, 3% cash back on eligible dining and pharmacy purchases, and 1.5% cash back on all other purchases when you book travel with Chase Ultimate Rewards®.
In addition, combining the Chase Freedom Unlimited® with other Ultimate Rewards-earning cards allows you to accumulate even more points.
You can redeem your Chase Ultimate Rewards® points earned from the Freedom Unlimited card for statement credits or travel at a rate of one cent per point through the Chase Ultimate Rewards® travel site.
The Chase Freedom Unlimited® stands out as it offers a higher sign-up bonus value compared to most cash-back cards. It also provides an extended 0% introductory APR period, various redemption options, and doesn’t have an annual fee.
Furthermore, the card offers an impressive cashback bonus, which can significantly boost your cash back earnings. When combined with other credit cards that earn Chase Ultimate Rewards® points, the value of the rewards can be even greater.
While the rewards structure may be more complicated than that of competitors offering a plain 1.5% back on all purchases, simply using your Chase Freedom Unlimited® card for all your expenses would automatically qualify you for the extra benefits.
Who is eligible to apply for Chase Freedom Unlimited®?
Obtaining the Chase Freedom Unlimited® card can be challenging due to the requirement of having at least a good credit score. Candidates typically need a credit score of at least 700 FICO to have a fair chance of approval. Although credit card terms for individuals with strong credit can vary, a credit score range around 700 FICO is a realistic benchmark.
How to apply for Chase Freedom Unlimited®?
The application process for the Chase Freedom Unlimited® card is conducted online, similar to most other credit cards. If you already have a Chase Login, you can apply as a guest on Chase’s website, which is a quicker process. However, creating a new account should take a similar amount of time. You will need to provide personal information during the application process.
The application process is slightly longer than usual, but it is not particularly difficult since the card is designed for individuals with good credit. After submitting your application, you will need to wait for a decision while the issuer reviews your application.
Is it worth applying for Chase Freedom Unlimited®?
If you want to maximize your credit card rewards, pairing the Chase Freedom Unlimited® with at least one other card that earns Chase Ultimate Rewards® can be an effective strategy to maximize your points. Even if you prefer not to track categories or use multiple cards strategically, the generous rewards structure of the Chase Freedom Unlimited® makes it a valuable credit card to have in your wallet. In fact, it can even be the primary card in your wallet.
Chase Freedom Unlimited® vs Aspire® Cash Back Reward
While it’s challenging to find a card that can compete with the Chase Freedom Unlimited®, the Aspire® Cash Back Reward card is a viable option for individuals with fair credit scores. If you have a good credit score or are working towards improving it, the Aspire® Cash Back Reward card can serve as a stepping stone before you become eligible for the Chase card.
Benefits of Chase Freedom Unlimited®
- No annual fee
- Introductory APR period
- High rewards rate
- No minimum redemption requirement
Benefits of Aspire® Cash Back Reward
- Accessible to consumers with fair credit
- Decent cashback rate considering the credit requirement
- No security deposit required
How to apply for Aspire® Cash Back Reward?
If you have a fair credit score and want to enjoy the benefits of owning a cashback card, check out our article on how to apply for the Aspire® Cash Back Reward card.
