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Welcome Offer:

bonus_miles bonus_miles_fullLearn How to Apply

Annual Fee:

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  • $0 annual fee

  • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more;
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • Earn 1.5% cash back on all spend

This is a great way to boost your Ultimate Rewards® earnings! This is especially a great option for people who are just getting into points as they build credit or for college students.

If you have a Chase Sapphire Preferred® Card, you can transfer the Freedom points to the Sapphire card to get all the airline and hotel transfer benefits. You can even save up all the cash back you're earning until you get a Sapphire card!

The standard welcome offer is $200 after you spend $500. An $250 offer ended in May 2025.