Chase Freedom Unlimited® works by giving cash back on purchases in the form of rewards points, which are then redeemable for cash back at a rate of 1 cent per 1 point. There is no minimum amount of rewards you need to accumulate before redeeming for cash back, and your rewards won’t expire unless you close the account.
Chase Freedom Unlimited gives rewards equal to 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year).
How to Get Chase Freedom Unlimited Cash Back
Make purchases with the card to accumulate rewards.
Yes, Chase Freedom Unlimited currently offers 5% cash back on travel booked through Chase. In addition to its 5% cash back categories, Chase Freedom Unlimited gives at least 1.5% cash back on other types of purchases.
More specifically, Chase Freedom Unlimited offers:
INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
Yes, Chase Freedom Unlimited does allow cash advances; you can withdraw cash from any ATM as long as you have a four-digit PIN for the card. If you don’t have a PIN, call customer service at (800) 432-3117 to request one. You can also get a Chase Freedom Unlimited cash advance at any local Chase branch.… read full answer
Things to know about Chase Freedom Unlimited cash advances:
Before doing a cash advance, it’s important to know that it’s a very expensive transaction. Chase Freedom Unlimited’s cash advance fee is: Either $10 or 5% of the amount of each transaction, whichever is greater. That’s on top of any bank fees for non-Chase ATM transactions. And there are also costly interest charges, too, as the Chase Freedom Unlimited cash advance APR is 26.49% (V).
A Chase Freedom Unlimited cash advance is a loan against your credit limit. You can only withdraw up to 5% of the overall credit limit. This means you’ll need to make sure there are enough funds available to cover the cash advance and any accompanying fees. And, there’s no grace period for cash advances. The amount you withdraw immediately starts to accumulate interest at the card’s cash advance APR.
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