We love the Chase Freedom Unlimited(r), one of our favourite everyday cash-back cards. Chase Ultimate Rewards(r) cardholders get 1.5% cash back for all purchases, plus bonus cash back when they dine at restaurants, shop in drugstores and make travel purchases.
Cardholders might feel that they cannot maximize their cash-back card’s earnings because it is a cash-back card. There are some tricks that will help you get the most out of your Chase Unlimited points. Let’s look at how to make the most out of Chase Freedom Unlimited(r).
Earn Unlimited Points
First, earn points before you can redeem them. Chase Freedom Unlimited(r), a welcome bonus, is a great place to start. Earn 1.5% cashback on all purchases (up to $20,000 in the first year). This can be worth up to $300 cashback!
Get 5% off your travel through Chase Ultimate Rewards(r).
Enjoy a 3% discount on dining at restaurants, including eligible delivery services.
Get 3% off your drugstore purchase
1.5% off all other purchases
Cardholders who have been long-term cardholders might recall the 1.5% flat cashback on all purchases. With the introduction of three bonus categories, that changed in September 2020. These new bonuses made an already solid card even more appealing to keep in your wallet.
Chase Unlimited Points: The best value
To get the most value from your Chase Unlimited points, you need to be flexible and lucky with the timing of promotions. These are the options available to maximize your Chase Unlimited points.
Chase Pay Yourself Back
Chase launched Pay Yourself Back in May 2020, initially as a temporary COVID-19 initiative. Chase has since extended the redemption option. Chase Freedom Unlimited(r), cardholders now have the opportunity to redeem Ultimate Rewards(r), points for a 25% bonus on donations to selected charities. This redemption rate is 1.25 cents per points for eligible donations.
You will need to make a donation to the charity listed below to be eligible for this card. You can then redeem points through Pay Yourself Back to receive a statement credit within 90 days from the date of your donation.
Chase has a current list of charities that are eligible for Pay Yourself Back.
Eligible Pay Yourself Back charities
American Red Cross.
Equal Justice Initiative.
Habitat for Humanity.
International Medical Corps.
International Rescue Committee.
Leadership Conference Education Fund.
NAACP Legal Defense and Education Fund.
National Urban League.
Out & Equal Workplace Advocates.
Thurgood Marshall College Fund.
United Negro College Fund.
World Central Kitchen.
Chase Unlimited Points Redeemable during an Apple Promotion
Apple products are authorized resellers through the Chase Ultimate Rewards portal. Chase cardholders have the option to redeem Chase points for Apple purchases at 1 cent per point.
Chase recently offered a biannual promotion that increased the redemption value of Apple purchases. Chase Freedom Unlimited(r), cardholders can redeem Chase Freedom Unlimited(r), points for a 10% bonus. This gives them a value of 1.1c per Chase Unlimited point.
Chase offers these promotions quite often so it might be worth waiting for the next one. If you’re looking to redeem Chase Unlimited points for Apple products,
Save on Amazon Purchases by using Chase Unlimited Points
Amazon offers Chase cardholders regular savings by redeeming Chase Ultimate Rewards(r), points towards an Amazon purchase. These promotions have allowed Chase cardholders to save up to 50% on one purchase. Although the minimum points redemption is as low as one point, some recent offers required 100 points.
Still, saving 50% using only 100 Chase points is a great way to save Chase Unlimited points. Keep in mind that you will need to limit the number of points you redeem. Amazon purchases are not eligible for 0.8 cents per points. You can also redeem Chase Unlimited points to get cash back.
Redeem for cash back
Chase claims that you can redeem Chase Unlimited points to purchase gift cards, travel, Amazon, and other items. Chase Unlimited points are often redeemable for cash back, which is the best way to get the most value. This redemption option will give you $10 cash back for every 1,000 points that are redeemed.
You can get 1 cent per points when you redeem points for multiple redemption options. You’re better off redeeming points for cashback and buying items with your Chase Freedom Unlimited(r)
You’ll first earn rewards for your purchase. This means that you will earn rewards for redeeming rewards. You can also use shopping portals to get additional rewards for your purchases. You’ll also get benefits such as purchase protection or extended warranty protection that are only available for purchases.
Combining points and other Chase Ultimate Rewards(r),-earning cards
Ultimate Rewards(r), points earned with the Chase Freedom Unlimited(r), card can be used for a variety of redemption options. Chase Ultimate Rewards points earned with the Chase Freedom Unlimited (r) card can only be used to redeem for various redemption options.
You can circumvent this restriction by combining points earned with the Chase Freedom Unlimited (r) card and an eligible Ultimate Rewards (r) card. Chase Unlimited points are worth more if you have another Chase card, such as the Chase Sapphire Preferred(r).
Imagine you have the Chase Freedom Unlimited(r), and Chase Sapphire Preferred(r). Your Chase Freedom Unlimited(r), card will earn you 3% cashback at drug stores. You can also combine these earnings with your Chase Sapphire Prreferred(r) card point balance to turn this into 3x transferable points.
To get the most value out of your Chase Unlimited points,
The Chase Freedom Unlimited(r), although advertised as a cashback card, can be used to redeem Chase Freedom Unlimited(r), card earnings for more than just cash back. You can use your points to redeem for travel, gift cards and Apple purchases. However, most redemption options are limited at 1 cent per point of value unless there is a promotion.
Chase Freedom Unlimited(r), cardholders can earn more than one cent per value via Pay Yourself Back or Apple redemption promotions, as well as Amazon point redemption promotions. Combining earnings with a Chase Ultimate Rewards(r-earning) credit card is the best way to get Chase Unlimited points. This will allow you to transfer points to Chase’s airline and hotel partners.
Maximizing your Rewards
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