Chase Freedom Unlimited (CFU) Credit Card (2018.5 Updated: 15k Offer)


Chase Freedom Unlimited (CFU) Review

2018.4 Update: (Expired) Now there’s a new offer: no sign-up bonus, but you can earn 3x UR points on everything in the first year. At the same time, the usual 15k offer still exists via referral links. Is the new 3x offer better than the usual 15k offer? It depends how much you can spend. Considering you can earn 1.5x on everything already with this card, 3x only means 1.5x more, therefore 3x is a better offer if and only if you spend $10,000 or more in the first year. If you can really spend a lot, then the new 3x offer is better; if not, you still should apply for the 15k offer.

Application Link


  1. 15k+2.5k offer: earn 15,000 Ultimate Rewards (UR) points after spending $500 in 3 months from account opening, and get 2,500 more points by adding an authorized user and making a purchase within this same 3 month period. 
  2. Earn 1.5x UR on everything, no cap!
  3. Although this card is advertised as a cash back card, it actually earns Ultimate Rewards (UR) points. We estimate that Ultimate Rewards (UR) points are worth about 1.6 cents/point, see below for a brief introduction. So the 15k+2.5k sign-up bonus could be worth about $262.5, and the return of the spendings could be worth about 2.4%!
  4. Refer a friend: You can earn 10,000 bonus UR points for every approved account you refer, up to a maximum of 5 approved referrals (50,000 UR points) per calendar year.
  5. No annual fee.


  1. It has foreign transaction fee, so it's not a good choice outside the US.

Introduction to UR Points

Recommended Application Time

  1. [5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will reject your application for this card.The number of new accounts includes all credit card accounts, not only Chase accounts. Recently some data points have shown that there are exceptions to this rule, but if you really want this card, play it safe and be sure to apply for it as soon as you are eligible. See this post for details.
  2. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
  3. Don’t apply for more than 2 Chase credit cards within 30 days, or it’s highly likely that you will get rejected.
  4. If you have more than $10,000 deposits in Chase checking, you can get this card even with no credit history at all. You can go to a branch and find a banker to apply for this credit card directly through Special Consideration. Special Consideration is no longer available.
  5. We recommend you to apply for this card after you have a credit history for more than 8~9 months.


1.5x UR on everything is worth about ~2.4% in return. The return is even higher than the Citi Double Cash (DC)! So as long as you are interested in points/miles, and you have/will have CSP/CSR to convert UR points, this card is great for non-bonus categories. If you want this card but you think the sign-up bonus is not enough, or you are limited by the 5/24 rule, you can convert your other Chase credit cards (FreedomCSPCSR ) to this card (there’s no sign-up bonus for conversion). The Freedom + CFU + CSP/CSR combo makes the UR currency even better than before! The biggest drawback is that, these UR cards are hard to get because of the 5/24 rule.

Related Credit Cards

After Applying

  • Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
  • Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn’t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be hand in to the branch or faxed.

Historical Offers Chart

Application Link

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