Could this be the best credit card of the moment?

Checking Credit Card

Considering that there are tons of offers available right now, picking the best credit card can be a really difficult mission. However, we believe that we just came across one of the best offers ever: the Chase Freedom Unlimited.

Chase has a pretty solid credit card portfolio, a lot of them coming with excellent rewards, but if you’re in search for a first credit card or already own some, the Freedom Unlimited should at least be checked out.

Why is this such a good offer?

First thing first, which made us look at this presumed best credit card in detail is the fact that it’s excellent for gathering rewards. Specifically, you get 1.5% cash back on all purchases, while the amount you manage to put aside can be redeemed as a statement credit, gift cards from various merchants, or even straight cash.

The card is marketed as a cash back one, but what it actually does is earning Ultimate Rewards points, that can be redeemed for cash, one point valuing $0.01.

When opened, the card gets you a 0% introductory APR on purchases and balance transfer for the first 15 months. After this period, an APR will apply though, varying between 16.24% and 24.99%.

But is a credit card a good choice?

Sure, we shouldn’t forget that stacking credit card debt is far from being a good idea and should be avoided at all costs. But, on the other side, loans can be beneficial if you use them responsibly and they don’t come with an interest for a set period.

For example, if you want to buy something with a significant price tag and you don’t want to rely on your cash reserves, the Chase Freedom Unlimited can be an excellent choice, since it’s offering a way to pay for what you want to buy over time, without any interest. And the good part is that you can earn points on the purchase.

Finally, in addition to all the points you get from spending, the card offers a sign-up bonus of 15,000 points – the equivalent of $150 – when opening the account and if you manage to spend $500 in the first three months.

So, what are your thoughts on this offer? Do you think it’s worth your attention?