Chase Freedom Unlimited special offer: Double your rewards in the 1st year

12.10.2023 - 18:15 / thepointsguy.com / Chase Freedom

When it comes to no-annual-fee credit cards, it doesn't get much better than Chase's duo of the Chase Freedom Flex and Chase Freedom Unlimited. And one of them just launched a fantastic special offer for new applicants — with the potential to take home a slew of valuable Ultimate Rewards points.

The Freedom Unlimited's new offer takes a page out of Discover's playbook, as it will offer unlimited matched cash back for the first year. When you use your card for purchases, Chase will automatically match all the cash back you earn at the end of your first year — with no limit whatsoever. This effectively means that you can double your cash back earned through the first 12 months with your card.

Depending on your spending habits (and whether you have other popular Chase credit cards), this is perhaps the best offer this card has ever seen.

Meanwhile, the Chase Freedom Flex has a solid offer when you apply through Chase's public application page. That's because you'll not only get the initial sign-up bonus, but you'll also receive 5% back for the first year on combined gas station and grocery store purchases (excluding Target and Walmart), on up to $12,000 spent in your first year. All told, that's a value of up to $800.

In general, both the Chase Freedom Flex and Chase Freedom Unlimited cards feature excellent rewards rates with no annual fee. Even better, they also offer the flexibility to earn either cash back or fully transferable Ultimate Rewards points when combined with other Chase products, such as the Chase Sapphire Preferred Card.

Let's dive a bit deeper into these offers and see how they stack up.

With this special Chase Freedom Unlimited offer, you'll have all your cash back matched by Chase at the end of your first year. This effectively means that your earning rates are doubled — though you won't receive this extra cash back until the end of your first year with the card.

However, note that you can still access the previous offer directly through Chase — which is a $200 cash-back bonus after spending $500 in the first three months plus 5% back on combined gas and grocery store purchases (excluding Walmart and Target) on up to $12,000 spent in the first year.

Remember that these rates are effectively doubled for your first year. That means that applying today would boost your earning rates for the first 12 months to 6% on both dining and at drugstores and then 3% on everything else you buy.

However, be sure to crunch the numbers to see if applying directly through Chase makes more sense.

Related: Review of the Chase Freedom Unlimited

With the public Chase Freedom Flex offer, you'll earn $200 back after you spend $500 in the first three months. However, you'll also earn 5% back for the first