Limited Time Offer: Signup For Chase Freedom Unlimited And Get 20K Points, Plus 5 Points Per Dollar On Groceries!

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Limited Time Offer: Signup For Chase Freedom Unlimited And Get 20K Points, Plus 5 Points Per Dollar On Groceries!

Signup bonus:

You can now earn 20K Chase Ultimate Rewards points for opening a Chase Freedom Unlimited card and spending $500 in 3 months. Those points are worth a minimum of $200 cash back, but they can be worth much more as shown below.

Plus, you’ll earn 5 points per dollar on up to $12,000 of grocery spending in your first year, so you can earn another 60,000 points on your grocery spending!

These are marketed as a $200 signup bonus and 5% back, but you’ll actually get 20,000 Ultimate Rewards points for signing up and 5 Ultimate Rewards points per dollar which can be worth much more than 5% back.


Annual fee: 

None


Signup bonus terms: 

  • You won’t get the signup bonus on this card if you have received a signup bonus on Freedom Unlimited card within the past 24 months.
  • You won’t get approved for this card if you currently have an active Freedom Unlimited card.
  • You will get the bonus even if you have an active Freedom or Sapphire card or received a bonus on a Freedom or Sapphire card in the past 24 months.

5/24:

All Chase cards appear to be subject to 5/24 restrictions, meaning that you are not likely to be approved if you have been approved for 5 or more consumer credit cards in the past 24 months. Note that the Chase system automatically counts cards like authorized user cards and store cards as cards that count towards 5/24, but if you explain to Chase that those cards are merely authorized user cards or store cards they can manually approve you for a new card.

You can check your credit report for free at the federally authorized annualcreditreport.com to check how many accounts are shows as being open in the past 24 months.


Card earnings: 

  • 1.5 Ultimate Rewards points per dollar everywhere.
  • 5 Ultimate Rewards points per dollar on Lyft spending through 3/31/22
  • 5 Ultimate Rewards points per dollar on up to $12K of groceries during your first cardmembership year. Target and Walmart will not count as grocery purchases. Note that this category only applies with this new card offer, it does not apply to existing cardholders.

The Chase Freedom Unlimited Card is an amazing all-around no annual fee credit card. It’s marketed as earning 1.5%-5% cash back, but it actually earns 1.5-5 Ultimate Rewards points per dollar everywhere. As each point can be worth 1.5-2 cents (or more) each, that’s like earning 2.25%-10% back everywhere.


0% APR:

You will pay 0% APR on purchases made during the first 15 months of cardmembership!


Card benefits:

  • Trip Cancellation/Trip Interruption Insurance
  • Purchase protection for items damaged or stolen within 120 days
  • Extended warranty protection
  • 3 months of Doordash Dashpass

Increased points value:

If you or someone in your household has a Sapphire Preferred card you can redeem Chase Ultimate Rewards points earned from any card at a value of 1.25 cents towards paid travel.

If you or someone in your household has a Sapphire Reserve card you can redeem Chase Ultimate Rewards points earned from any card at a value of 1.5 cents towards paid travel.


Airline and hotel transferability:

If you or someone in your household has a Sapphire Preferred or Sapphire Reserve card you can transfer Chase Ultimate Rewards points into valuable airline and hotel mileage currencies.


Card convertibility:

You can call Chase to convert this card or any of the following cards into another card from the list below:

Note that some reps will only allow card conversions after you have had the card for 12 months.


Killer Combos:

Stacking multiple Ultimate Rewards cards together can supercharge your earnings by getting you more points per dollar while increasing the value of all your points.

Read more about this strategy in depth in this post.

Chase Bifecta would consist of a household that has the Freedom Unlimited and either the Sapphire Preferred or Sapphire Reserve.

The total effective annual fees would be either $95 with Sapphire Preferred or $250 ($150 for renewing customers this year) with Sapphire Reserve after accounting for that card’s $300 annual travel credit.

With the Sapphire Preferred you would earn 2 points per dollar on travel/dining and 1.5-5 points per dollar elsewhere by using Freedom Unlimited.

With the Sapphire Reserve you would earn 3 points per dollar on travel/dining and 1.5-5 points points per dollar elsewhere by using Freedom Unlimited.

Either way you’ll be able to transfer all of your points into airline miles or hotel points, but with the Sapphire Preferred you can also use the points with a value of 1.25 cents each towards travel, while the Sapphire Reserve allows you to use the points with a value of 1.5 cents each towards travel.

The Sapphire cards also have limited time benefits.

You can also see if you’re targeted for bonus points on bill payments here.

Freedom Unlimited earns 1.5 points per dollar everywhere and 5 points per dollar on groceries with this offer. By transferring points from that card to Sapphire Reserve you can normally get a value of 2.25%-7.5% towards paid travel, but now you will get 2.25%-7.5% back as statement credits to offset for grocery, dining, and home improvement purchases.

That’s quite a combo! When redeeming your points for a statement credit, you’ll effectively earn 2.25% cash back on everything (1.5 points per dollar on Freedom Unlimited), 4.5% cash back on dining and travel (3 points per dollar on Sapphire Reserve), 7.5% cash back on groceries (5 points per dollar on Freedom Unlimited), and 15% cash back on Lyft (10 points per dollar on Sapphire Reserve).

If you don’t have enough grocery, dining, and home improvement purchases to cash out your points you can always buy gift cards for those stores, Visa gift cards good everywhere, or gift cards for hundreds of other stores like Amazon. Plus many grocery stores even give rewards for buying gift cards, on top of the 5 points per dollar, the $300 in credit, and cashing out your points at 1.5 cents each to pay for the gift cards!


Airline transfer partners:

Combined with a Sapphire card, you can transfer points at a 1:1 ratio to:

  • United (Star Alliance)
  • Singapore (Star Alliance)
  • Air France/KLM Flying Blue (Skyteam)
  • British Airways (OneWorld)
  • Aer Lingus (OneWorld)
  • Iberia (OneWorld)
  • Emirates
  • JetBlue
  • Southwest
  • Virgin Atlantic

Hotel transfer partners:

Combined with a Sapphire card, you can transfer points at a 1:1 ratio to:

  • Hyatt
  • IHG
  • Marriott

The great thing about Chase Ultimate Rewards is how versatile and valuable they are:

The Sapphire Preferred card allows you and anyone in your household to transfer Chase points into miles. They also allow you to use points at a value of 1.25 cents each towards travel.

The Sapphire Reserve also allows you and anyone in your household to transfer Chase points into miles. Plus it allows you to use points at a value of 1.5 cents each towards travel.

The fixed value is excellent and doesn’t require hunting down award space, but those points can be much more valuable by transferring them into airline miles or hotel points. You can get a value of 2 cents or much more when redeeming miles!

  • If I want to stay in a 5 star Park Hyatt in the Maldives, Melbourne, NYC, ParisSydney, or Tokyo that would cost over $1,000/night, I can instantly transfer 25-30K points to Hyatt to do that, a value of up to 6 cents per point.
  • If I need a one-way flight from Cleveland (or Chicago, Detroit, Miami, Montreal, Orlando, Pittsburgh, Toronto, etc) to NYC that can cost $500 each way, I can instantly transfer 7.5K points to British Airways to book a short-haul on American with no last minute booking fees. Or if American doesn’t have availability I can instantly transfer 10K points to United for their short-haul award. That’s a value of up to 7 cents per point.
  • If I want to stay in a non-chain hotel that costs $300/night and don’t want to pay cash, I can redeem 20K points for the room thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 24K points with the Sapphire Preferred card’s minimum redemption value of 1.25 cents per point
  • If I want to fly in a $25,000 ANA First Class Suite round-trip from the US to Tokyo, I can instantly transfer 110K or 120K points to Virgin Atlantic. That’s a value of up to 23 cents per point.
  • If I want to book a $2,281 business class ticket on Air Canada to Tel Aviv I can redeem 152K points for the flight thanks to my Sapphire Reserve card’s minimum redemption value of 1.5 cents per point or 182K points with the Sapphire Preferred card’s minimum redemption value of 1.25 cents per point, plus I’ll earn Qantas miles for more future travel as it’s considered a paid flight instead of an award flight.
  • And thousands of other possibilities from Singapore couples suites to booking Southwest awards with 2 free bags and free cancellations, to stealing 2nd base in middle of an MLB game.

 


Limited Time Offer: Signup For Chase Freedom Unlimited And Get 20K Points, Plus 5 Points Per Dollar On Groceries!

Will you signup for this limited time offer? 

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81 Comments On "Limited Time Offer: Signup For Chase Freedom Unlimited And Get 20K Points, Plus 5 Points Per Dollar On Groceries!"

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Question

If I received a signup bonus a few years ago for the regular chase freedom (not unlimited) and recently turned that card into a freedom unlimited (so didn’t receive any bonus for an unlimited card), would I be able to apply for this?

sdd

can i upgrade from freedom and get this offer. If yes, will it count as 5/24?

Mark

“Target and Walmart will not count as grocery purchases.”

This is really terrible because since the pandemic, we’ve been getting most of our groceries delivered by WalMart Grocery delivery service.

Pointer

“Those points are worth a minimum of $200 cash back or $750 towards travel”

I wish the FU would let you redeem for travel at a value of 3.75 cents pp 😉

Yosef

Just to make sure, if I got a signup bonus for the BUSINESS freedom unlimited card recently, does that prevent me from getting the bonus on this offer? I know this one is a consumer card, but I was worried since my business is a sole proprietorship and used my own ssn.

Ben

Is this the highest offer the FU has ever been?

Sol

Does Amazon fresh count as groceries?

Avi

I was banned/shut down from Chase for about 3 years, a couple of months ago I was approved for the Ink cash card, do you think I should go for this offer or better I wait a little longer B4 I open a second Chase card.

Chase

Have you tried applying before 3 years? I am in same situation. Every few months I try applying for different chase cards (usually businesses) and always deny me

Avi

I tried b4 but was denied, I did open a checking account online and got accepted then a week later I was approved for the credit card.

JS

1). Is this offer also valid if someone refers me or only if I’m applying directly through them?
Because if my. Wife could refer me we could make and extra $100 (or 10,000 points) right?

2). Also till when does this limited time offer go?
I had in plan to apply for this card on about Aug 20 6 months since I tried last time and was not approved because of low history at that time.
Will I be able to apply for it next month and still get this offer?

100/24

I tried looking at a referral link. I think the 5 points on groceries promotion goes away when you go through that link

True caller

Applied & approved, so we both benefit, it’s definitely another way for me to thank you for your service here.

Dan\'s the Man

Any idea how long this deal will be around for? I’m in the process of mortgage refi so I need to wait a month or so until I close before applying for new credit.

Are there

J

Sorry – I am not getting it. Can you please help me understand if I have a preferred card why I should get this also. Thanks!

Akiva

Will Bingo and Costco count as grocery?

Abe

Hi Dan
How do I find out if bingo the supermarket is considered a grocery?

YP

Bingo is NOT grocery

Paron

I signed up less then a month ago. Will they match this offer for me?

Mark

Following up on the previous conversation, Chase does code WalMart grocery delivery as “WALMART GROCERY” (I’ve seen it many times on my CSR for example)

Description: WALMART GROCERY
Category: Groceries

Maybe it will count as grocery somehow? If I have time, I’ll chat with Chase and ask, and then report back here. If anyone else has checked, please report back. Thanks in advance!

Sanity please

Chase Sapphite Reserve did consider all my Walmart purchases as Groceries, and gave me 5x for it during June 2020.

Found out by accident, i didn’t realize it when I first made purchases there, then I saw my statement and it was a pleasant surprise.

jonny

Does the 5% grocery bonus go to those who’ve applied in the last few months? Or only from now onward?

jonny

Nevermind, I see you mention it’s only with this offer.

DDFer

Can you close an existing freedom unlimited (that was open for more than 24 mo) and reapply?

Joey

“You can call Chase to convert this card to any of the following cards into another card from this list:”

Something doesn’t add up

Also, you should probably remove freedom unlimited as one if the cards you can convert this card to.

turgutbey

I already have a Freedom Unlimitted. Does it now earn 5x on groceries?

sh

I just purchased a United ticket from EWR – TLV from Aug. 4 round trip. I paid 61K UR points which I transferred from Freedom Unlimited to Sapphire Reserve. The seat is in front so I have extra legroom for that price.
Thank you Dan

NMN

I’m considering applying for this and the reserve.
Does it still work to apply for both on the same day to only get one hard pull?

Kaya

I don’t see the 20K points as an offer, I see $200. Is there a way to get 20K points instead?

Mark

I just applied via your link. BUT I forgot to unfreeze my credit first! Do you know which credit agency Chase uses?

Mark

I think Equifax … naturally they have the worst system to unfreeze of all the credit bureaus.

Yossi

I opened up my own unlimited freedom a year ago under my own and got a second card for my wife as an authorized user. Would she be eligible for this offer even though she was an AU on a card that got a bonus in the last 24 months and/or because she technically has an active card? Or can she still sign up for this and get the bonus? Any help would be appreciated!

James

@dan, what happens after the first year, the card still earns 5% cash back? On which categories?

Tiger

I would get the card but it has a foreign transaction fee and most of my purchases are when I travel to Israel which I do quite often.

Moshe

I got this card for my wife a week ago without the grocery bonus points. I sent chase a SM and they matched the offer for me!

Adam

Spoke with a chase rep – if you applied and received this card after June 1, 2020 you can have this deal added to your card. As an added benefit, they will also retroactively update your points to reflect any grocery purchases since June 1 to reflect the 5x bonus. Was informed it should take about 2 weeks to process points for past purchases and will apply until June 2021.

az

does this card have a foreign transaction fee? if yes , how much?
thanks

Mendy

Hi Dan,
I just turned 18 and I’m looking to get my first credit card.
could you advise what cc is the best for me to get?
Thanks 🙂

Avi

Looks like Chase added the grocery 5ur/12k to the regular Freedom card.

Ap

Would I be eligible for this is I have the unlimited and chase freedom card, but have these cards since over 4 years now?

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