Does Chase Freedom Unlimited have a monthly fee? This question is about the Chase Freedom Unlimited®

Does Chase Freedom Unlimited have a monthly fee?

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This question is about the Chase Freedom Unlimited®

Lisa Cahill, Credit Cards Moderator

@lisacahill • 10/26/21 This answer was first published on 10/26/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, Chase Freedom Unlimited does not have a monthly fee or an annual fee. There is no cost to own Chase Freedom Unlimited, as long as you avoid interest charges by paying for purchases in full by the due date each month. There are a couple other potential charges you’ll want to avoid, too.

Fees on Chase Freedom Unlimited

Monthly fee: $0
Annual fee: $0
Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)
Foreign transaction fee: 3% of each transaction in U.S. dollars
Cash advance fee: Either $10 or 5% of the amount of each transaction, whichever is greater.

In all, you won’t have to pay any monthly or annual fees on Chase Freedom Unlimited just to own the card. However, you still may end up paying some fees if you make certain types of transactions, like balance transfers or cash advances.

Answer Question

Is Chase Freedom Unlimited a good beginner card?

Chase Freedom Unlimited is a good beginner card for people who already have some credit history – from being an authorized user, for example. The Chase Freedom Unlimited card requires at least good credit for approval, so it is not accessible to people who are just starting to build their credit.

Why Chase Freedom Unlimited Is Good for Beginners with Good Credit… read full answer

Chase Freedom Unlimited offers 1.5 - 5% cash back on all purchases, so its ongoing rewards are simple and easy to manage.

An extra 1.5% on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back.

Chase Freedom Unlimited has a $0 annual fee, so you don’t need to worry about earning enough rewards to offset fees. Higher-tier Chase cards can charge very steep annual fees.

In case you do not meet the credit score requirement for the Chase Freedom Unlimited card, Chase does offer a credit card for people with less-than-good credit. The Freedom Student card from Chase is a great rewards credit card for students with a limited credit history. You can also compare the best beginner credit cards overall on WalletHub.

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What is the Chase Freedom Unlimited credit score requirement?

The Chase Freedom Unlimited credit score requirement is 700 or better. That means people with at least good credit have a shot at getting approved for this card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Chase Freedom Unlimited card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer

Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Chase Freedom Unlimited credit score requirement. You can check your credit score for free on WalletHub.

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What is the Chase Freedom annual fee?

The Chase Freedom annual fee is $0. But just because Chase Freedom has a $0 annual fee and no interest for a time does not mean it’s always free to use. There’s a 3% of each transaction in U.S. dollars foreign transaction fee, for example, and the regular APR is pretty high: 14.99% - 23.74% (V).

However, the Chase Freedom is no longer be available to new applicants. This doesn’t mean, though, you’re out of options. The Chase Freedom “family” still has a few great credit card offers, coming with a $0 annual fee.… read full answer

Alternatives to the Chase Freedom Credit Card

Bonus Rewards Categories: Chase Freedom Flex℠Chase Freedom Flex℠Learn MoreLearn Moreon issuer's website

The Chase Freedom Flex has a $0 annual fee. In addition, this card offers $200 for spending $500 in the first 3 months. Plus, Chase Freedom Flex awards cardholders with 1 - 5% cash back cash back on purchases. On top of that, the card offers 0% for 15 months on both purchases and balance transfers. There’s also a balance transfer fee: either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after). Chase Freedom Flex’s regular APR is 0% for 15 months. You need at least good credit to get this card.

High Earn Rate: Chase Freedom Unlimited®Chase Freedom Unlimited®Learn MoreLearn Moreon issuer's website

The Chase Freedom Unlimited has a $0 annual fee. In addition, this card offers . Plus, Chase Freedom Unlimited awards cardholders with 1.5 - 5% cash back cash back on purchases. What’s more is that the card offers 0% for 15 months on both purchases and balance transfers. There’s also a balance transfer fee: either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after). Chase Freedom Unlimited’s regular APR is 0% for 15 months. You need at least good credit to get this card.

The fact that the Chase Freedom cards’ annual fee is $0 might surprise some people. Many rewards cards cost a lot of money. But cards with 0% introductory interest rates tend to have $0 annual fees. Still, having no annual fee does make the Freedom cards’ rewards seem even more valuable.

Ultimately, if you’re not loyal to Chase, you can check out our editors’ latest picks for the best credit cards with no annual fee to weigh your options.

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