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A potentially huge travel rewards offer is floating around (get the cruise reference?) for a great no-annual-fee card.
Chase will automatically match all the cash back you earned at the end of your first 12 months of spending on the Chase Freedom Unlimited®. That includes matching your bonus categories! Cash back is awarded in the form of ultra-flexible Ultimate Rewards points.
There’s no limit on how many points you can earn — or how many Chase will match. And this is not a calendar year — it’s a straight 12 months.
Here’s where this becomes rather lucrative.
The card earns unlimited 5X on travel purchased through Chase Ultimate Rewards. But thanks to the match promotion, that ultimately becomes a total of 10X during your first year. (You earn 5X on the initial purchase — then receive the other 5X in 12 months. Imagine that windfall!)
Dining at restaurants (including takeout and eligible delivery services) earns 3X points. That’s pretty good for a no-annual-fee card. But double that during your first year of holding the card and you haul in 6X per dollar spent on dining. That’s crazy.
Drugstores are another 3X category (ultimately 6X after the match). But I hope you spend more money on food than at drugstores during the year. 🙂
The match promotion isn’t available everywhere. Be sure to visit this page to find out how to apply.
Introductory APR
The holidays are coming up. While most of us are good about paying off our credit card balances in full every month, there are times when we need a little extra time to pay off certain expenses.
In addition to earning a bunch of points during the first year, the Chase Freedom Unlimited® also boasts a 0% introductory APR on purchases for the first 15 months of card membership. After that, it’s reg_apr,reg_apr_type.
But, Wait! There’s Maybe Even More!
Remember that three other Chase cards allow cardholders to redeem those points at higher values when purchasing travel through Chase Ultimate Rewards:
- Chase Sapphire Reserve®: 1.5 cents per point
- Chase Sapphire Preferred® Card: 1.25 cents per point
- Ink Business Preferred® Credit Card: 1.25 cents per point
You can transfer your Chase Freedom Unlimited® points to one of those cards.
See how lucrative this might be?
Wait for it. Wait for it…
A lot of us love chasing (no pun intended) a big welcome offer — and the massive dump of points into our account.
“Hey, honey! Look! The 70,000 bonus points from (blah, blah, blah)’s promotion hit our (loyalty program) account!”
If you’re patient and put a bunch of spending on this card during your first year of holding it, it could really pay off. Basically, every purchase is ultimately worth at least 3X. And that’s for stuff that’s not bonused.
Is this Subject to 5/24?
Of course it is. If you’ve been approved for five (5) or more personal credit cards from any bank within the past 24 months, you probably will be declined for this offer. However, we hear more and more stories about people with “LOL/24” getting approved for Chase cards. (H/T to EotF reader Billy Bob for that expression.)
Final Approach
Chase will automatically match all the points you earned at the end of your first 12 months of spending on the Chase Freedom Unlimited®. You could really get an insane value of them if you transfer points to an eligible Chase card.
If you want to take advantage of this promotion, check it out here.
Advertiser Disclosure: Frequent Floaters has partnered with CardRatings for our coverage of credit card products. FrequentFloaters and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact how and where card products appear on the site. This site does not include all card companies or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities
Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
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