Credit card welcome bonus

Chase Freedom Unlimited®

Chase determines account eligibility, approval, and bonus qualification. Terms may change. Verify the latest terms on the official website before applying.

Official Website Last verified July 25, 2026
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Offer terms at a glance

We separate the headline from the conditions required to earn it.

Product name
Chase Freedom Unlimited®
Financial institution
Chase
Offer type
Credit card welcome bonus
Current bonus
$200 cash back
Required deposit or spending
Make $500 in eligible purchases during the first three months from account opening.
Direct deposit requirement
Not applicable.
Minimum balance
Not applicable.
Monthly or annual fee
$0 annual fee
How to waive the fee
Not applicable; the public pricing lists no annual fee.
Eligible states / geographic restrictions
U.S. consumer credit-card offer. Terms can vary by application channel and are subject to credit approval.
Offer deadline
No calendar deadline is published on the official product page. Chase says the offer may change.
Estimated payout timing
Allow 6–8 weeks after qualifying for the bonus points to post, provided the account is open and not in default.
Early closure considerations
The account must be open and not in default at fulfillment. Chase’s rewards agreement explains when points may be lost after closure or misuse.
Credit inquiry information
Applying authorizes Chase to evaluate creditworthiness. Review the application disclosures before submitting.
Who it may suit
  • Applicants who can complete $500 of planned purchases in three months without carrying a balance.
  • People who prefer a fixed cash-back value and no annual fee.
Who it may not suit
  • Current cardmembers or prior cardmembers who received this card’s new-cardmember bonus within the last 24 months.
  • People who would overspend or pay interest solely to reach the threshold.
Net value analysis

What the headline leaves out

The stated cash-back value is $200 and there is no annual fee. The clearest net-value scenario is meeting the threshold with planned purchases and paying the statement balance in full; interest or unnecessary spending reduces the benefit.

Comparison context

How this offer differs

Compared with the current Sapphire Preferred offer, Freedom Unlimited has a far lower spending requirement and no annual fee, but a smaller headline bonus and a simpler cash-back value.

Important limitations
  • 01Approval and bonus eligibility are determined by Chase.
  • 02The offer is unavailable to current cardmembers and certain prior cardmembers described in the official terms.
  • 03Balance transfers, cash advances, cash-like transactions, gambling transactions, interest, unauthorized charges, and fees do not count as purchases.
  • 04The account must remain open and not in default when Chase fulfills the offer.
  • 05Offers can vary by application channel and change over time.
Affiliate disclosure

This page currently uses an official, non-affiliate link. BonusMetric does not claim a partnership with Chase and does not receive compensation for this link.

Frequently asked questions

What is the current Chase Freedom Unlimited welcome bonus?

The official page offers 20,000 bonus points after $500 in eligible purchases in three months. Chase states those points can be redeemed for $200 cash back.

Does the card have an annual fee?

No. The current public pricing lists a $0 annual fee.

Do balance transfers count toward the $500 requirement?

No. Chase excludes balance transfers, cash advances, cash-like transactions, interest, fees, and several other transaction types from purchases.

How long does the bonus take to post?

Chase says to allow six to eight weeks after qualifying, provided the account is open and not in default.

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