Why Chase Freedom Unlimited?
$150 cash back
Periodically I receive prescreened offers from financial institutions to apply for credit cards or lines of credit. Most banks offer $100 bonus if I spend $500 in qualifying net purchases in the first three months after account opening. Offers with higher cash back require at least $1,000 in purchases during first 90 days. Chase offer was one of the best for me because I do not plan to pay over $300/month for products and services with a new credit card.
1.5% cash back
In addition to one-time bonus I will receive 1.5% cash back for each $1 spent. Rewards points on Chase Freedom Unlimited credit card do not expire and could be redeemed in the form of statement credit or electronic deposit into checking or savings accounts.
0% intro APR for 15 months
For the first 15 months I do not pay interest on purchases and balance transfers. If you cannot pay off the whole balance on the card, just make minimum payments every month with no worry about interest.
If you have accounts with Chase, the application process is very simple. At a local branch it took less than 15 minutes to fill the application and get an approval for a new credit card.