The Easy Way to Earn Extra Points on Everything You Buy (No Annual Fee!)


Update: This post contains outdated offers and should only be used for reference. Click the following link for the most up-to-date offers on my favorite travel hacking cards. -cg

Link: Chase Freedom Unlimited

What if you like the idea of travel hacking, but don’t want to pay an annual fee? There’s a new way to earn cash-back or points—your choice—on a card that never has a fee.

The new Chase Freedom Unlimited card will give you $150 Cash Back just for getting the card and spending $500 in the first 90 days (remember, there’s no fee). You can “cash in” your free money at any time by applying it to your statement balance.

Alternatively—and often a better choice—you can transform your cash back into Ultimate Rewards points, as long as you have the Chase Sapphire Preferred card, Chase Ink Business Preferred, or another Ultimate Rewards-earning card.

Interestingly, if you don’t have one of those other cards (and don’t want to get it yet), you can stockpile the cash back credits in your Freedom account without paying any fees. Then, when you’re ready to make your big transfer, you apply for the other card and transfer all the cash back credits to Ultimate Rewards. Voila!

To break it down, here’s why this card is interesting:

  • You’ll earn 1.5% cash back or 1.5 Ultimate Rewards points on everything you buy
  • There aren’t 2x bonuses on travel and dining, like there are for Chase Sapphire Preferred (so it’s best to use another card for those expenses)
  • There is no annual fee, now or ever

The best strategy is to get this card and use it for everything you aren’t earning more than 1 point per dollar for.

In addition to the fact that there are no fees, there’s also no risk with this card. If you can’t use Ultimate Rewards points, you can simply “cash out” and get the money back on your statement balance.

You can think of this as the gateway drug of earning points for free travel. I often hear from people with a partner who doesn’t fully appreciate how awesome it can be to use points for amazing travel experiences. Here’s a way to win them over. 🙂

With no annual fee, the option for cash back, and the potential to earn 1.5 points on everything, this is a fantastic new offer that will serve a lot of people well.

Happy travels!

Link: Chase Freedom Unlimited


Image: Kevin Young

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