Cameron DiGiovanni, Writer
@cdigiovanni20
The main drawbacks of the Chase Freedom Unlimited card are its foreign transaction fee – 3% of each transaction in U.S. dollars – and its uninviting regular APR range of 16.49% - 25.24% (V). These downsides make Chase Freedom Unlimited less than ideal for international purchases or carrying a balance after the first 15 months. The card gives new cardholders 0% for 15 months on purchases.
Drawbacks of the Chase Freedom Unlimited Card
- High foreign transaction fee.The Chase Freedom Unlimited card’s foreign fee is higher than the market-average foreign transaction fee of 1.49%, and it means you’ll be charged extra on every purchase you make with an international merchant – 3% of each transaction in U.S. dollars, to be exact. This includes purchases made while traveling internationally, as well as any online purchase with an international vendor. Ideally, you should have a card with no foreign fee to make these kinds of purchases.
- Potentially high regular APR.Chase Freedom Unlimited’s regular APR can range from 16.49% to 25.24% (V), with the lower end reserved for only the most creditworthy applicants. So your regular APR on the Chase Freedom Unlimited card could very well be above the average APR for all new credit card offers, which is 18.89%.
- Above-average balance transfer fee with no 0% APR period on transfers.These two factors make Chase Freedom Unlimited quite unfriendly to balance transfers, so if you’re looking to transfer a balance, this card is not for you.
Despite these downsides, Chase Freedom Unlimited is still one of the best credit cards on the market. It has a $0 annual fee, offers 1.5 - 5% cash back on purchases, and has a new-purchase intro APR of 0% for 15 months. If you have good credit or better, the Chase Freedom Unlimited card is certainly one to consider adding to your wallet.

Chase Freedom Unlimited®
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