Chase Freedom Unlimited Bonus: $200 Bonus + 5% on Gas/Groceries

Chase Freedom Unlimited Bonus

Chase has launched a new signup bonus for the Freedom Unlimited card. You can now earn $200 when you apply for the card and spend $500 in three months, plus 5% cash back on combined gas station and grocery store purchases. The offer is available in-branch only. This is a good offer for a no-fee card, but may still better to go for other Chase bonuses. Let’s see the details.

Offer Details

• Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
• Earn 5% cash back on combined gas station and grocery store purchases (not including Target and Walmart) on up to $12,000 spent in the first year (that’s $600 cash back!).
• 0% intro APR for 15 months from account opening on purchases and balance transfers. After the intro period, a variable APR applies.
• No Annual Fee

Chase Freedom Unlimited: Card Details

•  Earn:

  • 3% on dining at restaurants, including takeout and eligible delivery services.
  • 3% on drugstore purchases.
  • 5% on travel purchased through Chase Travel.
  • 1.5% on all other purchases.

• 6 months of complimentary access to DashPass. Activate by Dec 31, 2027.
• DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
• Purchase and Travel Protections:

  • Purchase Protection
  • Extended Warranty Protection
  • Trip Cancellation and Interruption Insurance
  • Travel and Emergency Assistance
  • Auto Rental Coverage

Cash Back rewards do not expire as long as your account is open. And there is no minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. It gets even better if you have a premium Chase card, like Chase Sapphire Preferred, Chase Sapphire Reserve, Ink Business Preferred or Ink Business Plus. You can convert the cash back to Ultimate Rewards points and transfer to travel partners.

Guru’s Wrap-up

This is a solid offer if you are looking for a no-fee card. You need to visit a Chase branch to apply. The $500 spending requirement for the $200 bonus is very low, making it accessible for almost any budget.

If you max out the $12,000 cap on grocery and gas spend, you are looking at $600 in rewards. Add that to the $200 signup bonus, and you’re netting $800 in your first year.

As always, this card counts toward your Chase 5/24 limit. If you are planning to apply for another Chase card like a Sapphire Preferred or Sapphire Reserve soon, ensure this smaller bonus doesn’t lock you out of a much larger offer.

HT: DoC