@kdm31091 wrote:
@NRB525 wrote:Doing a little research, the source of the rumor says that it is basically a new product, "Chase Freedom Unlimited". It could be a quick / near term rollout as a new product, or replacement product.
Existing Freedom cardholders ("Chase Freedom") would keep the 5% rotating categories, which makes sense since they published those for 2016 already. These 5% categories would likely continue, until nerfed.
Whether the "Unlimited" version earned UR points or plain cash back is an open question.
Just one more reason for me to continue to lean on my Freedom card while the 10 points per swipe still shows up on my statement.
Reading some of the speculation I'd expect this would be 1.5% in plain cash and not UR points. They now say you can "redeem any amount anytime", which seems more likely to mean that this is cash and not points. Could be wrong, but with how hard Chase has cracked down on UR point earning, it wouldn't shock me.
I don't think the language suggests that they would not allow you to transfer URs to travel partners (assuming you have the CSP/Ink cards to do so). If Chase did something like that then I think it would result in a heavy drop in usage. The poijnts crowd would never use the the freedom and the cashback crowd would have better non-AF options.
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@Anonymous wrote:
just got off the phone with them. they're converting existing freedoms into the freedom unlimited.
That is just awesome that you are soo intense about credit cards that you immediately called the bank to ask what they are doing. 
@Anonymous wrote:
just got off the phone with them. they're converting existing freedoms into the freedom unlimited.
When is this happening?
Gardening until September 2025
@kdm31091 wrote:
@Anonymous wrote:
just got off the phone with them. they're converting existing freedoms into the freedom unlimited.They are probably tired of people just using the card for 5% and nothing else. That's why most 5% cards have either been discontinued or nerfed considerably.
@Anonymous Wouldn't be surprised to see Discover follow suit at some point. Again, most consumers aren't fans of the rotating stuff. Most people don't want to spend mental effort thinking about which card to use for what.
Yes, I'm sure they looked at what Amex was doing with the everyday cards and thought that was a good idea to become the main card in people's wallets.
@Discover2016 wrote:
@Anonymous wrote:
just got off the phone with them. they're converting existing freedoms into the freedom unlimited.When is this happening?
I heard in March, but don't have confirmation on that,