Amex Cash Magnet vs.
Chase Freedom Unlimited

The Chase Freedom Unlimited® foreign transaction fee is 3% of each transaction in U.S. dollars. This means Chase will add a 3% of each transaction in U.S. dollars surcharge anytime you use the Chase Freedom Unlimited® outside of the United States. The fee also applies to online purchases made through an internationally-based merchant.

To learn more, refer to our guide on foreign transaction fees and our editors' picks for the best credit cards without foreign fees.

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

Note that while your credit score is very important, plenty of other things will impact your chances of being approved for the Chase Freedom Unlimited. Some other key criteria include your income, existing debt load, recent credit inquiries, number of open accounts, housing status, and employment status.

If you...

The Chase Freedom Unlimited credit limit is $500 or more. Everyone who gets approved for Chase Freedom Unlimited is guaranteed a credit limit of at least $500, and the most creditworthy applicants could get much higher limits. The higher an applicant's credit score and income are, the higher the starting credit limit is likely to be.

The Chase Freedom Unlimited credit limit that you receive upon approval isn't necessarily permanent. You can ask to get a credit limit increase by calling the Chase customer service number on...

You can log in to your Chase Freedom Unlimited® account by going to the login page on the Chase website or mobile app and entering your username and password in the appropriate fields. Then, click the “Sign in” to access your online account.

How to Register for Online Access on your Chase Freedom Unlimited Account

1. Register your Chase Freedom Unlimited for online account access. Click “Not enrolled? Sign up now.” and enter your account type, card or application number, and...

Chase Freedom Unlimited has a referral bonus of $50 cash back per referral, with a limit of $500 cash back per year. It can take up to 8 weeks to receive your bonus after the person you refer opens their account.

How to Get a Chase Freedom Unlimited Referral Bonus

1. Log in to your Chase account.
2. Navigate to the "Explore Products" tab, then click "Just for you." Scroll down and click "Refer friends now" to...

Yes, the Chase Freedom Unlimited does have travel insurance. Travel insurance can reimburse cardholders for canceled or interrupted trips and rental car damage. To qualify for Chase Freedom Unlimited travel insurance coverage, you'll need to pay for your travel using your card and file a claim shortly after a covered incident.

Key Things to Know About Chase Freedom Unlimited Insurance Benefits

Coverage

You can find the full details of your coverage, including the types of travel insurance you...

The Chase Freedom Unlimited sign-up bonus is $250 for spending $500 on purchases in the first 3 months (limited-time offer).

In addition to the bonus, the Chase Freedom Unlimited offers 1.5 - 5% cash back on purchases. Its annual fee is $0, and the card is available to people with good credit or better.

For more options, check out WalletHub's picks for the best credit card sign-up bonuses overall.

Yes, the Chase Freedom Unlimited® is a cash back credit card. It gives 1.5 - 5% cash back on purchases, has an initial bonus of $250 for spending $500 on purchases in the first 3 months (limited-time offer) and has a $0 annual fee.

Key Things to Know About the Chase Freedom Unlimited®

• Rewards: 5% cash back on travel through Chase Travel, 3% back at restaurants and drugstores, and 1.5% back on all other purchases
• Initial bonus: $250 for spending $500 on purchases in the first 3 months (limited-time offer)
• Annual fee: $0
• Regular APR: 18.24% - 27.74% (V)
• Foreign transaction fee: 3% of each transaction in U.S. dollars
• Credit required: Good
• WalletHub editor's rating: 5/5
• WalletHub user rating...

Your Chase Freedom Unlimited card approval odds are good if you have a credit score of 700+, which is considered good credit. Approval odds for the Chase Freedom Unlimited card will also be influenced by your annual income and existing debts. Applicants will need to be 18+ years old with a U.S. mailing address and an SSN or ITIN, as well.

What You Need for Good Chase Freedom Unlimited Card Approval Odds

• Good credit or better+ credit score
...

The Chase Freedom Unlimited card currently offers 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service. More specifically, the Chase Freedom Unlimited card gives 1.5 - 5% cash back, depending on the type of purchase. These are excellent earning rates, especially considering the card's $0 annual fee.

Chase Freedom Unlimited Rewards in 2026

There are also several other attractive features that complement the card's current bonus and rewards. For example, it offers an introductory...