Charles H. Miller
Chase has two different, yet similarly named, cash back credit cards — Chase Freedom® and Chase Freedom Unlimited℠. Both cards have variable APR ranging from 14.24% to 23.24%, and come with same shopping and travel perks, while excluding annual fee. Also, you can get up to $175 in sign-up bonus with either of the two cards. The difference is in the way they reward their customers…
Chase Freedom
With this card, you get to earn 5% cash back on rotating categories that must be activated every quarter. There’s a cap of $1,500 for combined purchases per quarter, after which you earn 1% cash back. The same percentage (1%) applies to all other purchases (those not covered by specified categories). Speaking of categories, they can include groceries, department stores, gas, and others. Also, you can earn even more cash back if you shop online through Chase Ultimate Rewards. (you can read our full review from here)
» Learn more and apply for the Chase Freedom Card today!
Chase Freedom Unlimited
On the other hand, the Freedom Unlimited variant offers a flat rate of 1.5% cash back on every purchase, with no limits of any kind. You can request the cash earned to be deposited into a checking or savings accounts, or redeem it for gift cards, travel, or merchandise. No rotating categories to activate — simply use the card and forget about it, while earning 1.5% back on every transaction with this card. (you can read our full review from here)
» Learn more and apply for the Chase Freedom Unlimited℠ today!
Head to Head Comparison
Which Chase Freedom Card Should You Get?
The main thing you should know is that you can’t lose with any of the two — after all, both cards are designed to get you something in return (for card usage). If you can manage rotating categories (and it’s really easy), I would say — go for the “regular” Chase Freedom®. If activating rotating categories seems cumbersome, well, there’s the Chase Freedom Unlimited℠. It won’t get you 5% cash back (capped), but you’ll be earning 1.5% on every transaction.
A few additional details about the two cards are available from the links below. Check ’em out.
