Chase Freedom Limitless® overview
The no-annual-fee Chase Freedom Limitless is an ideal card for each newbie and superior award vacationers. Whereas most playing cards provide 1% again on purchases exterior of bonus classes, you will earn 1.5% again on non-bonus spending with the Freedom Limitless. And when you pair this with a card that earns premium Chase Final Rewards factors, you may convert your rewards into absolutely transferable factors, doubling their worth. Card score*: ⭐⭐⭐⭐
At first look, the Chase Freedom Limitless looks as if a tame cash-back card with a modest sign-up bonus — however there’s much more to it than meets the attention.
With no annual price and a easy incomes construction, it is an awesome card for newcomers, offered they’ve a credit score rating of a minimum of 670. It is also a wonderful card pairing for extra premium choices just like the Chase Sapphire Most well-liked Card and Chase Sapphire Reserve, making it a beneficial addition to many bigger card portfolios.
Let’s look at what makes this card so deceptively nice and whether or not it deserves a spot in your pockets.
Chase Freedom Limitless welcome provide
The Chase Freedom Limitless’s present sign-up bonus lets you earn a further 1.5% on all purchases as much as $20,000 spent within the first 12 months. For those who’re in a position to maximize this first-year bonus alternative, that is a further $300 in cash-back rewards.
Chase Freedom Limitless advantages
The trade-off for playing cards with out an annual price is that they have an inclination to return with a shorter listing of perks than their extra premium counterparts. Nonetheless, the Freedom Limitless has some good options value highlighting:
- Rental automobile safety: You may have rental automobile insurance coverage that covers theft and injury as much as the precise money worth of most rented vehicles
- Journey cancellation and interruption insurance coverage: You may be coated for as much as $1,500 per individual and as much as $6,000 per journey for eligible journey bills in your card if a loss ends in the cancellation or interruption of your journey plans
- Roadside dispatch: You may get entry to pay-per-use roadside help that can join you with service suppliers when you’ve got points on the street
- Prolonged guarantee safety: You’ll be able to prolong the time interval of guarantee protection by one extra 12 months on unique eligible warranties of three years or much less
- Buy safety: Your purchases are protected towards theft and injury for 120 days after the date of buy
If you do not have one other card with extra sturdy journey insurance coverage and buying protections, this can be a first rate quantity of protection for a card with no annual price.
Incomes rewards on the Chase Freedom Limitless
With the Freedom Limitless, you will earn:
- 5% again on journey booked by way of Final Rewards
- 3% again on eating (together with takeout and eligible supply providers)
- 3% again at drugstores
- 1.5% again on all different purchases
Whereas not one of the bonus classes are show-stoppers, discovering a card with bonus classes and a flat charge greater than 1% for all extra purchases is uncommon. The bonus classes are good, however the capability to earn 50% extra on non-bonus spending makes this card shine.
Redeeming rewards on the Chase Freedom Limitless
You’ll be able to redeem the money again earned in your Freedom Limitless as an announcement credit score or for a direct deposit into most U.S. checking and financial savings accounts at a worth of 1 cent per level. You can too redeem your rewards for reward playing cards or use them to ebook journey by way of the Final Rewards portal for journey for a similar worth.
You can too pay immediately together with your factors at Amazon.com, however you will get a decrease worth going this route.
With the suitable card pairing, you may flip your rewards into transferable Chase Final Rewards factors and make the most of Chase’s beneficial switch companions for much more worth.
Transferring rewards with the Chase Freedom Limitless
Alone, the Freedom Limitless is a real cash-back card and would not assist you to switch your rewards to journey companions.
Nevertheless, when you even have the Chase Sapphire Most well-liked Card, the Chase Sapphire Reserve or the Ink Enterprise Most well-liked Credit score Card, you may mix your rewards and unlock Chase’s full listing of 14 lodge and airline companions.
TPG staffers significantly love the choice to switch our Chase Final Rewards to World of Hyatt. A few of us, like TPG director of content material Summer season Hull, desire to make use of these rewards to ebook higher-end Hyatts that may in any other case be out of finances. Alternatively, some are like me and like to stretch our rewards by utilizing them for nice offers on Hyatt’s Class 1 properties.
Along with World of Hyatt, Chase’s different switch companions embrace beneficial choices like United MileagePlus, British Airways Government Membership and Singapore Airways KrisFlyer. You may discover wonderful choices with Chase’s switch companions, no matter your journey type and preferences.
Which playing cards compete with the Chase Freedom Limitless?
If you wish to focus your efforts on incomes cash-back rewards, one in every of these choices is likely to be a greater match. Just like the Freedom Limitless, they every earn cash-back rewards and do not carry an annual price.
For extra choices, please see our lists of the most effective cash-back playing cards and the most effective playing cards with out an annual price.
Is the Chase Freedom Limitless value it?
For the reason that Freedom Limitless would not carry an annual price, you may really feel nice about incomes rewards with out justifying what you pay to maintain it annually. You’ll be able to maximize your rewards-earning potential if you have already got a Chase Final Rewards points-earning card. Nevertheless, when you’re centered solely on cash-back rewards, you will seemingly need to go along with a card with the next incomes charge.
The Chase Freedom Limitless is a superb card for on a regular basis, non-bonus spending and may present unbelievable worth when paired with a extra premium Chase card. Whether or not you are a newbie or a professional in search of a complementary card so as to add to your portfolio, the Freedom Limitless is a superb selection.