Does the Chase Freedom Unlimited have 5% cash back categories?

The Chase Freedom Unlimited doesn’t have 5% cash back categories. Instead, it earns 1.5% cash back on every purchase, with no spending caps. Also, it offers a bonus for new accounts, that is you can earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. It has no annual fee charges associated with it.

Chase Freedom Unlimited is best for you if you are looking for the following things:

Better for Budgeters:

Flat-rate cards such as the Chase Freedom Unlimited are predictable as you don't need to alter your spending to bonus categories to get a good rewards rate, which makes it easy to avoid overspending.

Low Maintenance:  

The Chase Freedom Unlimited doesn't require you to keep track of categories every quarter, like you do with Chase Freedom with categories like grocery, gas stations, and restaurants. Generally speaking, this card helps you earn solid rewards with minimal effort. 

Pairs well with other cards:

The Chase Freedom Unlimited is a type of card which gets along with other cards pretty nicely.  It's a great ally to the tiered reward cards in your wallet, like airline cards, grocery cards and gas cards. You can take advantage of your tiered card's bonus categories and use the Chase Freedom Unlimited to buy everything else. But Chase has a 5/24 rule, where if this is the 5th credit card that you have signed up for in 24 months, then your application will be rejected. So, you may want to suggest that Chase Freedom Unlimited should be purchased before the others to avoid overdoing it.

No Minimum Redemptions:

The Chase Freedom Unlimited helps you to redeem for cashback in any amount be it as little as 1 cent. While, many other cashback cards impose a minimum limit of $20 or more, but such is not the case with this card. 

Comparison between Chase Freedom Unlimited and Chase Freedom:

The table below summarizes differences between two cards based on their key features

Conclusion:

We can conclude that Chase Freedom Unlimited is a good buy, even without attractive 5% cash back categories as it has flat 1.5% cash back on every purchase you make. Also, it has a lengthy 15 month 0% intro APR on purchases and balance transfers. Finally, you don’t have to pay any annual fee and enjoy a $200 cash back welcome bonus.