What really makes the freedom unlimited worthy of a slot in your wallet is that if you have a full fledged chase ultimate rewards earning card such as the chase sapphire preferred chase sapphire reserve or ink business preferred credit card or plan to get one in the future you can redeem your cash back as ultimate rewards points.
Chase sapphire reserve combined with chase freedom unlimited.
The freedom flex is being touted as a new card while the freedom unlimited is being promoted as a revamp.
For spending 500.
While the reserve does have higher earning and redeeming rates you can still get 3x with the freedom unlimited on dining and 5x on travel booked through.
Existing freedom cardholders can choose to keep their current card or give chase a call to request a product change to the new freedom flex.
Even if you do want the reserve it might be worth it to apply for the chase sapphire preferred now for the 80k bonus wait a year and then request to upgrade to the chase sapphire reserve.
14 99 to 23 74 variable.
Each of the welcome offers for the chase freedom flex and chase freedom unlimited offer 200 bonus plus 5 cash back at grocery stores on up to 12 000 spent in the first year.
The combined benefits of this combo provide just about everything a travel hacker could want in their credit card portfolio high points earning rates a very valuable currency a diversified array of travel benefits and purchase.
The three cards in question are the freedom freedom unlimited and the sapphire reserve.
Chase freedom flex chase freedom unlimited.
It s worth noting that chase raised the bonus to 80 000 points on the sapphire preferred and have introduced a new freedom flex no annual fee card.
Some cards offer cash back rewards like the chase freedom unlimited while others are focused on travel benefits like the chase sapphire preferred card.
How does it compare to chase freedom unlimited a cash back credit card.
Keep in mind the chase sapphire reserve has a 550 annual fee while the chase freedom unlimited has a 0 annual fee.
0 for the first 15 months on purchases.
14 99 to 23 74 variable.
The chase freedom unlimited card and the chase sapphire reserve card is quite possibly the best credit card combination in the entire travel rewards industry.
Technically you could use a sapphire preferred ink plus or any other premium chase product in lieu of the reserve but the reserve is used to maximize value as it earns a 50 bonus whereas the other cards max out at 25.
The chase freedom unlimited card earns 1 5 cash back on all spending useful for spending in categories where other credit cards don t offer a bonus the cash back from freedom cards can be converted to valuable ultimate rewards points if you hold either the chase sapphire reserve or chase sapphire preferred credit cards.