Chase markets it as a cash-back card. You earn points, and you can redeem them for cash at a rate of 1 cent per point.

According to data compiled by WalletHub , successful applicants typically need a , generally defined as 700 or higher . If you are a student or building credit for the first time, you may want to look into alternative options like the Chase Freedom Rise instead. The Chase 5/24 Rule

If you received an invitation to visit getfreedomunlimited.com , you are likely looking at an offer for one of the most versatile cash-back credit cards on the market. The "Get Freedom Unlimited" offer is legitimate and generally represents a strong entry point into the Chase credit card ecosystem.

A flat rate earned on all other everyday purchases, making it a powerful catch-all option. Pros and Cons Matrix

Enter your total annual gross income and your housing payment details to fulfill Chase's underwriting requirements.

This makes the card an excellent "daily driver." If you have a purchase that doesn't fit a bonus category (like paying a utility bill or buying clothes at a store that isn't grocery/dining), you are still earning 1.5%. Most basic cards only give 1%.

The Chase Freedom Unlimited is marketed as a cash-back card, but its earning rates are excellent: