Chase Comes Out with a New 3% Cash Back Offer
The Chase Freedom Unlimited credit card recently got a new 3% cash back bonus offer. It will be recalled that the Chase Freedom Unlimited is a Chase’s top credit card and requires good or excellent credit.
What is New?
Now cardholders earn 3% cash back on all purchases in their first year up to $20,000 spent. It means that the maximum possible amount to be earned with an increased cash back is $600. The cash back is automatically applied to all purchases from the first day of using the card, so there is no need to worry about additional activation.
In fact, this offer turns out to be a new Chase’s sign-up bonus, since it is only available during the first year. However, unlike common intro offers, which, as a rule, demand certain expenses from consumers first, the Chase Freedom Unlimited card now saves cardholders from spending huge amounts in a short time.
Earn More Than Before
We would remind you that previously cardmembers could earn 1.5% cash back on all purchases with no limit and got a $150 cash back bonus after spending $500 within 90 days of opening an account. When compared, the benefit of the new offer is obvious. Spending $20,000 with the standard 1.5% cash back earlier, you could earn only $300. Let’s add $150 sign-up bonus, and we get $450 as against the current offer of $600.
Some Things Stay the Same
The changes concern intro bonus only. All the main features of the card remain untouched. Firstly, the cardholders still receive their unlimited 1.5% cash back on all purchases after the intro offer ends.
Secondly, they also do not have to pay an annual fee and the purchase APR is not charged in the first 15 months when the intro 0% offer is in effect.
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