Originally Posted by SolesFC
Thinking of getting Chase Freedom Unlimited thoughts on it?
Originally Posted by PrimeTimeBoy
It's a solid card and Chase is a prime lender. If you prefer just a general spending card with simplicity and not worrying about getting more points/cashback on specific categories (like gas, restaurant, supermarkets) and rather have a 1.5% cash back on everything then this card is for you. Also Chase Ultimate Rewards points are considered to be one of the better reward systems out there in terms of value.
Another card to consider is the Cap 1 Quicksilver, it's exactly the same with 1.5% cash back everything, except I believe they post your cash back amount faster and right after each posted transaction so you can see your cash back money pile up instantly as opposed to other cards which takes a Statement period or two to reflect your cash back. Also The quicksilver has no foreign transaction fee when you use it out of the country, I think the Freedom Unlimited doesn't have this benefit.
1st question is if you are interested in points or cashback?
Chase freedom unlimited is only useful if you have a CSR/CSP to pair it with to utilize the chase UR portal x1.5. By pairing, you can get 1.5x for non-category spend things that aren't restaurants/travel etc. But if you have it by itself, it's a nice starter card, but to use it to it's full potential, you need to pair it with the CSR/CSP.
Doesn't the quicksilver have a annual fee of $39? If that's the case, then there is a break even point for the card which makes it useless unless you spend a certain amount of money.
If you want just straight cash back for everyday purchases and aren't interesed in points, the Citi Double Cash is a flat 2% without annual fee. Also the Fidelity Visa is a no-annual fee 2% cash back visa.
Even the discover it has a double cash back for the first year, and is a good starter card with categories.