Chase Freedom Unlimited®: $200 bonus and no annual fee
Everything about the Chase Freedom Unlimited: a $200 bonus after just $500 in spending, at least 1.5% back on everything, 0% intro APR for 15 months and a $0 annual fee.
Published Nov 13, 2026 · Verified Oct 29, 2026
- Welcome offer
- $200 cash bonus
- Spending requirement
- $500 in purchases in the first 3 months
- Annual fee
- $0 USD
The Chase Freedom Unlimited® is one of the simplest and most complete cash back cards available: no annual fee, at least 1.5% back on every purchase, and an easy-to-reach welcome bonus. It’s a great first rewards card or everyday card.
The welcome offer
Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. That’s about $167 per month: groceries, gas or a few household bills will get most people there without overspending.
The bonus generally posts 6 to 8 weeks after you meet the requirement.
What doesn’t count
Balance transfers, cash advances, cash-like transactions, gambling, person-to-person transfers, account funding, convenience checks, interest, fees and unauthorized charges do not count toward the spending requirement.
What you earn on each purchase
| Category | Cash back |
|---|---|
| Travel purchased through Chase Travel℠ | 5% |
| Dining (including eligible takeout and delivery) | 3% |
| Drugstores | 3% |
| Lyft (through September 30, 2027) | 2% |
| Everything else | 1.5% |
There are no rotating categories to activate and no earning caps. Redeem rewards as cash, gift cards or with Shop with Points at Amazon.
Tip: if you later get a card like the Chase Sapphire Preferred®, you can combine your rewards and turn them into points that transfer to airlines and hotels.
0% intro APR for 15 months
The card offers a 0% intro APR for 15 months from account opening on both purchases and balance transfers. A variable APR applies afterward, and balance transfers carry a fee.
That can help you pay off a large purchase over time, or move high-interest debt while you pay it down. The key is having a plan to clear the balance before the intro period ends.
Other benefits
- 6 months of complimentary DashPass (activate by December 31, 2027), plus up to $10 off per quarter on eligible non-restaurant DoorDash orders.
- Purchase protection for 120 days (90 days in New York), up to $500 per item.
- One extra year of extended warranty on eligible US warranties.
- Rental car coverage up to $60,000: secondary in the US if you have other insurance, primary outside the US or without other insurance.
- Trip cancellation and interruption: up to $1,500 per traveler and $6,000 per trip.
One thing to watch: foreign purchases
This card charges a 3% foreign transaction fee. If you travel outside the US often, or shop with foreign merchants, use a different card for those purchases.
Who can get the bonus?
The offer isn’t available if you currently have this card, or if you received a new cardmember bonus for this card in the past 24 months. Your account must be open and in good standing when the bonus is awarded.
Is it worth it?
It may be a fit if: you want a no-annual-fee card that pays you back on everything, you’re new to rewards, or you need interest-free time for a large purchase.
It’s probably not a fit if: you want travel perks like lounge access or richer insurance, or you make many purchases abroad. And remember: the 0% APR is temporary, so pay your balance on time so interest doesn’t eat your rewards.
The data in this article was verified against Chase’s official information. Offers and benefits can change; always confirm the current terms before applying.