Last edit by: mia
5x for first year at Grocery Stores. Capped at 12K in spend:
Key points:
- $200 (20K UR) sign up bonus
- Does not seem to be possible to generate referrals for this offer
It earns Ultimate Rewards points which may be redeemed for cash.
Freedom, Freedom Unlimited, Sapphire, Sapphire Preferred, all versions of Ink, JPM Select, JPM Palladium all earn Ultimate Rewards points. Ultimate Rewards points earned with any of these cards may be redeemed for cash at the rate 1 point = $0.01.
Chase markets Freedom, Unlimited, and Ink Cash as cash rewards, the others as points cards. The difference is in the marketing, not the rewards.
Travel and purchase protection benefits
Visa Signature
Visa Platinum
For general info, see Applying for Chase Credit Cards, 2017 onward.
Chase Freedom Unlimited.
#16
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 25,927
Why would Chase do what?
(There are multiple swirling rumors in this thread, and "this" isn't clear.)
But as to why Chase would introduce a new card that works differently, if it doesn't really replace (but just adds to) the existing Freedom: Amex recently introduced Amex Blue Cash Everyday, which despite the name has nothing to do with the other Everyday cards that earn Membership Rewards points. The Blue Cash Everyday earns Rewards Dollars instead.
But Amex did not introduce that to replace the Amex Everyday card, they introduced it to complement the Amex Everday card ("complement" in the sense of marketing to people with other needs, not "complement" in the same person's wallet).
So until we see whether this card truly replaces the existing Freedom for everyone but current cardholders, or whether all that it replaces is the #1 marketing position within branches, we won't know close a parallel it is. The blog that reported this mutters something about "in branches", so it makes me wonder whether that blog jumped to conclusions by misreading what that meant.
(There are multiple swirling rumors in this thread, and "this" isn't clear.)
But as to why Chase would introduce a new card that works differently, if it doesn't really replace (but just adds to) the existing Freedom: Amex recently introduced Amex Blue Cash Everyday, which despite the name has nothing to do with the other Everyday cards that earn Membership Rewards points. The Blue Cash Everyday earns Rewards Dollars instead.
But Amex did not introduce that to replace the Amex Everyday card, they introduced it to complement the Amex Everday card ("complement" in the sense of marketing to people with other needs, not "complement" in the same person's wallet).
So until we see whether this card truly replaces the existing Freedom for everyone but current cardholders, or whether all that it replaces is the #1 marketing position within branches, we won't know close a parallel it is. The blog that reported this mutters something about "in branches", so it makes me wonder whether that blog jumped to conclusions by misreading what that meant.
#17
Join Date: Aug 2014
Posts: 1,298
Assuming it generates UR, I guess with high spend or business travelers on non categorical spend it's ok. As it stands with MSers, the .0073 rate you could get on Simon mall and other VGC outlets, I don't really see this as good, with the ink and staples combo mixed with the staples rebates. But if you can put ordinary spend on it at a high level, eh, I guess it's solid.
#18
Join Date: Jan 2015
Posts: 78
If it's confirmed that this offers 1.5 ur points on all spend I would probably switch about $400,000 of non-bonus spending to this card (lab and medical supplies)- heck 1.5x ur points almost makes the math work to pay taxes at 1.87% service fee (and for some people it would be a good value to 'buy' ur points at~1.25 cents per ur point)
#19
Join Date: May 2012
Location: HNL
Programs: AS MVPG, HA Plat
Posts: 1,261
Seems like a pretty smart competitive move against Amex. 1.5x everywhere with no fee and no fiddling beats Everyday at the low end of the market for just about anybody, and CSP + a 1.5x everywhere Freedom beats EDP or PRG for most people in the mid-upper part of the market, at least those who use Chase partners. Personally, I'd probably end up giving Chase more spend, earning roughly the same or fewer points, and being happy with the change because it would simplify my wallet a lot. Just as long as they don't force any conversions until after the grocery and restaurant quarters....
#20
Join Date: Jan 2016
Posts: 53
Why would Chase do what?
(There are multiple swirling rumors in this thread, and "this" isn't clear.)
But as to why Chase would introduce a new card that works differently, if it doesn't really replace (but just adds to) the existing Freedom: Amex recently introduced Amex Blue Cash Everyday, which despite the name has nothing to do with the other Everyday cards that earn Membership Rewards points. The Blue Cash Everyday earns Rewards Dollars instead.
But Amex did not introduce that to replace the Amex Everyday card, they introduced it to complement the Amex Everday card ("complement" in the sense of marketing to people with other needs, not "complement" in the same person's wallet).
So until we see whether this card truly replaces the existing Freedom for everyone but current cardholders, or whether all that it replaces is the #1 marketing position within branches, we won't know close a parallel it is. The blog that reported this mutters something about "in branches", so it makes me wonder whether that blog jumped to conclusions by misreading what that meant.
(There are multiple swirling rumors in this thread, and "this" isn't clear.)
But as to why Chase would introduce a new card that works differently, if it doesn't really replace (but just adds to) the existing Freedom: Amex recently introduced Amex Blue Cash Everyday, which despite the name has nothing to do with the other Everyday cards that earn Membership Rewards points. The Blue Cash Everyday earns Rewards Dollars instead.
But Amex did not introduce that to replace the Amex Everyday card, they introduced it to complement the Amex Everday card ("complement" in the sense of marketing to people with other needs, not "complement" in the same person's wallet).
So until we see whether this card truly replaces the existing Freedom for everyone but current cardholders, or whether all that it replaces is the #1 marketing position within branches, we won't know close a parallel it is. The blog that reported this mutters something about "in branches", so it makes me wonder whether that blog jumped to conclusions by misreading what that meant.
#21
Join Date: Dec 2015
Posts: 530
So some dude on reddit talked with a chase banker and this is going to be a separate card than existing Freedom card. Both freedom cards will be available. And, yes, the new one will fall under 5/24 rule.
I personally think there is a small yet believable chance this will earn UR. (A) Not everyone who has this card has UR transferring card. (B) Not everyone who has UR transfer card will make profit through this card. (C) A lot of users will make this their primary spend card, thus earning chase a decent money? (D) so far all non-branded points earning chase cards do earn UR points.
edit: MMS says otherwise. He claims old Freedom will not be available for new applicants anymore and the new one will offer UR points.
edit: another user on reddit also claims that the old freedom won't go anywhere. He claims to work for Chase. It makes sense to me. Like, why call it "freedom unlimited" if they don't plan to keep "freedom" card open for new applicants as well?
I personally think there is a small yet believable chance this will earn UR. (A) Not everyone who has this card has UR transferring card. (B) Not everyone who has UR transfer card will make profit through this card. (C) A lot of users will make this their primary spend card, thus earning chase a decent money? (D) so far all non-branded points earning chase cards do earn UR points.
edit: MMS says otherwise. He claims old Freedom will not be available for new applicants anymore and the new one will offer UR points.
edit: another user on reddit also claims that the old freedom won't go anywhere. He claims to work for Chase. It makes sense to me. Like, why call it "freedom unlimited" if they don't plan to keep "freedom" card open for new applicants as well?
Last edited by runb4fun; Feb 29, 2016 at 3:15 pm
#22
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,882
It took Chase years to convert accounts from products called Freedom Plus and Rewards Plus to their respective replacements. They need separate names to manage the transition.
#24
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,929
#28
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
#29
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,882
#30
A FlyerTalk Posting Legend; Moderator: American Express, Capital One, Citi, Chase, Credit Card Programs, Diners Club, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,882
Official confirmation here:
http://www.reuters.com/article/jpmor...-idUSL2N169026
http://www.reuters.com/article/jpmor...-idUSL2N169026
JPMorgan Chase & Co will offer a richer cash-back credit card in April to better compete against products from Capital One Financial Corp and Citigroup Inc.
The new "Freedom Unlimited" card will pay back 1.5 percent on all purchases, a higher standard rate than its current Freedom card, Pamela Codispoti, president of Chase Consumer Branded Cards, said in an interview.
...
Codispoti said the Freedom Unlimited card will available as an alternative, or a companion, to Chase's current Freedom card, whose standard cash-back rate is back 1 percent. It also offers quarterly specials of 5 percent back on changing categories of spending, such as groceries or gasoline, up to $1,500.
"I don't think we were late, per se," with the simpler, richer cash-back card, she said. Different customers like different offers and some like the current Freedom card, she said.
The new "Freedom Unlimited" card will pay back 1.5 percent on all purchases, a higher standard rate than its current Freedom card, Pamela Codispoti, president of Chase Consumer Branded Cards, said in an interview.
...
Codispoti said the Freedom Unlimited card will available as an alternative, or a companion, to Chase's current Freedom card, whose standard cash-back rate is back 1 percent. It also offers quarterly specials of 5 percent back on changing categories of spending, such as groceries or gasoline, up to $1,500.
"I don't think we were late, per se," with the simpler, richer cash-back card, she said. Different customers like different offers and some like the current Freedom card, she said.