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.
Chase freedom and sapphire points.
Even though the chase freedom flex is considered a cash back card both it and the chase sapphire preferred card technically earn points in a currency called chase ultimate rewards.
These values are due to the bonus 25 and 50 point boosts these cards receive when redeeming ultimate rewards points on the chase travel portal.
Chase ultimate rewards points are worth an easy 1 25 cents for chase sapphire preferred and chase ink business preferred cardholders and 1 5 cents for chase sapphire reserve cardholders.
The former offers a great return on everyday spending and the latter gets you 2x rewards on dining and travel and opens up some great transfer partner options.
Up from 60 000 bonus points.
The chase freedom flex card and the chase freedom unlimited card will offer 5 cash back 5x points per dollar your spend when you purchase travel thru chase s ultimate rewards portal conversely you earn 2x and 3x points per dollar you spend for all travel with your chase sapphire preferred and reserve card respectively.
The chase freedom unlimited and the chase sapphire preferred card make a great ultimate rewards points earning team.
The chase sapphire preferred card also stands out because of its eye popping sign up bonus.
Chase points are worth 1 25 cents when redeemed for travel through the ultimate rewards portal making this bonus worth approximately 1 000.
80 000 bonus ultimate rewards points for new approvals who spend 4 000 on purchases within three months of being approved.
New cardholders who spend at least 4 000 in the card s first three months will receive 80 000 bonus points.
However your points are worth at least 1 25 cents each when booking award travel.
While points from the chase sapphire preferred card and chase freedom no longer open to new applicants initially accrue into different accounts it only takes a minute to pool them online.
That helps make freedom more than just a cash back card since you can use its 5x bonus categories to earn points that transfer to airline and hotel partners so long as you have another eligible ultimate rewards card.
Ultimate rewards points earned on the chase freedom chase ink classic chase ink business cash credit card and chase sapphire can t be directly directly is the key word transferred to partner airlines and hotels.
These cards have no annual fee so they are worth keeping to build a long credit history with chase.