If you don't carry a balance, and you shouldn't, then the Double Cash gives you a better ongoing earn rate. Is your head spinning yet?ДЄ simpler solution is to simply go with the Citi Double Cash, which gives you 1% cash back when you buy something and 1% back when you pay off your bill. To maximize the card's value you'll need to own another card, which comes with a $95 annual fee, pick a loyalty miles program that jibes with your travel plans and then make a the right transfer. Depending on how and when you transfer your miles, you can earn a higher rewards rate than any flat-rate card. So 15,000 points (equivalent to the signup bonus) is worth 15,000 miles. You can also transfer those points to loyalty programs, like SouthWest or United, on a 1:1 basis. That bumps up the rewards rate from 1.5% to almost 1.9%, according to. If you also own the Chase Sapphire Preferred, you receive a 20% bonus if you redeem your points on the Chase travel platform. So you spend $1, you receive 1.5 points and $100 is worth 1500 points. This gets a little complicated, but the Freedom Unlimited technically gives you Ultimate Rewards points with each dollar you spend. Perhaps the most interesting benefit comes to customers who own another Chase product - the Money Best Credit Card Chase Sapphire Preferred. (You will owe the greater of $5 or 5% of the transferred balance.) There's no annual fee and a 15-month 0% grace period on new purchases. Unlike other cards, like Citi's Double Cash, there's no minimum redemption - so you can ask for one cent back if you like.Д¬ardholders also earn a $150 signup bonus once you spend $500 over the first 90 days - an extremely generous perk.

Freedom Unlimited cardholders earn a 1.5% cash back on all purchases, with no limit on the amount of rewards you can accrue. Should you sign up? Here's what you need to know.ДЇirst the terms. Like the Capital One Quicksilver, Fidelity Rewards cards and Money Best Credit Card Citi Double Cash, the Chase Freedom Unlimited offers a flat-rate on all purchases, with a few important differences.

Hence Chase's most recent endeavor into the crowded cash back space - the Freedom Unlimited. You buy something, and you get a small rebate in the form of a statement credit or direct deposit. And you're often better off using cash back cards for travel purchases, anyway.Д¬ash back, by comparison, is simple. In order to unlock value from travel rewards cards, you'll need to overcome a seemingly never-ending obstacle course of annual fees, miles redemptions and loyalty program transfers.

Chase freedome unlimited