What is the Chase Freedom Unlimited signup bonus?

The Chase Freedom $200 bonus is available to new applicants who spend $500 within 3 months of opening an account. The bonus posts to a cardholder’s account as 20,000 Chase Ultimate Rewards points, which are redeemable for $200 cash back. That’s a 40% return on the money spent to earn the $200 bonus.… read full answer

Even though Chase Freedom is advertised as a cash back card, it’s actually a points card like all other Ultimate Rewards cards. Each point is worth 1 cent no matter how you spend it (e.g. cash back, travel, gift cards). So the value of your initial bonus is always $200. But there are a few other things you should note before getting the card.

Chase Freedom $200 Bonus Info:

• Requirement: Spend $500 in the first 3 months of account opening.
• Eligibility: New Chase Freedom cardholders who have not earned the bonus in the past 24 months.
• Ineligible purchases: Balance transfers, cash advances and cash equivalents like casino chips. Interest, unauthorized/fraudulent charges and fees also do not earn cash back.
• Account standing: Your account must be open and not in default at the time the points are delivered in order to receive them.
• Timeframe: It may take 6-8 weeks for the $200 bonus to show up in your account, once you meet the spending requirement.
• Limited-time offer: The Chase Freedom initial bonus has been higher or lower in the past.

Freedom is a great card for everyday spending too. In addition to Chase Freedom’s $200 bonus, cardholders earn 5% cash back (5 points per $1) on up to $1,500 spent per quarter in bonus categories. Purchases that exceed the quarterly limit earn 1%, as do nearly all other purchases. The first $12,000 that you spend on groceries in the first 12 months is the exception, also providing 5% cash back.

Chase Freedom may no longer be available to new applicants.

Yes, there is a Chase Freedom Unlimited referral bonus and it is worth up to $500 cash back per year. Cardholders can earn $100 cash back for every referral who is approved for the card. The limit is five referrals in a calendar year. The bonus is available to cardholders with an open Chase Freedom Unlimited account in good standing.… read full answer

To send a referral, you’ll first need to register online via Chase's Refer-A-Friend page. You can also register through the Chase mobile app. Enter your name, zip code and the last 4 digits of your Chase Freedom Unlimited card number. Then, click “Get Started.” You will receive a personalized link that you can forward to friends through text or e-mail. You can also share the link on social media.

Once someone you refer has been approved, the bonus will post to your account within 8 weeks. The bonus will appear on your Chase Freedom Unlimited statement as a “Refer-A-Friend” bonus.

You can only make referrals for the Chase card that you have – Chase Freedom Unlimited, in this case. And whomever you refer must apply for the Chase Freedom Unlimited card via the link you give them in order for you to receive the referral bonus. Chase will not disclose which of your referrals have applied, nor will they notify you of a referral’s application status. There’s no bonus if a referral is approved for a different Chase card.