TheInsider Picks team writes about stuff we think you'll like. Business Insider may receive a commission from The Points Guy Affiliate Network.The Chase Freedom Unlimited is one of the best all-around credit cards available.While the card earns 1.5% back, you can also convert that into Chase Ultimate Rewards points, and combine them with points from your Sapphire Preferred or Reservecard.Other benefits, like an introductory APR, lack of annual fee, and sign-up bonus, make this the perfect credit card for just about anyone.Chase offers some great credit cards for anyone who travelsincluding the Sapphire Preferred and Reservebut it can be challenging to figure out which of those cards is best for you. However, Chase offers another card that should be a no-brainer for everyone, whether you already hold a few premium cards, or if you've never had your own credit card before: the Chase Freedom Unlimited.The rewardsThe Freedom Unlimited card from Chase is a great card and a strong rewards earner, offering 1.5% cash back on all purchases. You can redeem that as straight cash, a statement credit, or as gift cards to a ton of different merchants.However, while Chase markets the card as "cash back," it actually earns Ultimate Rewards points that you can redeem for cash (1 point = $0.01).If you have a premium card like the Sapphire Preferred or Sapphire Reserve, you can pool your points from the two cards, and get a bonus when purchasing travel, or transfer them to travel partners. The Freedom Unlimited earns 1.5 points per dollar spent, so paired with a Sapphire card, its a great card to use for purchases that arent made on travel expenses or dining. That way you can get a guaranteed 1.53x points per dollar spent.The introductory interest rateWhen you open a new Freedom Unlimited, you'll get a fantastic 0% introductory APR on purchases and balance transfers for the first 15 months. After the introductory APR offer, a variable APR of16.24%-24.99% applies.While credit card debt is generally something you should avoid, loans are actually beneficial as long as you use them responsiblyespecially when there's no interest for a set period, like in this case. If you have a major purchase and you don't want to drain your cash reserves, the Freedom Unlimited offers a way to pay for the purchase over time without paying a penny of interest. You'll even earn cash (or points) on the purchase, and from the sign-up bonus (see below).I've taken advantage of 0% introductory APR credit card offers twice.The first time was when my wife and I first got engaged. I had saved a lot for the ring, but that was a pretty healthy chunk of my savings account. It seemed like a 0% introductory APR credit card was the best solution. When I was ready to buy the ring, I applied for a card with an offer, used it to pay, and didn't charge anything else to that card until I was finished repaying the ring.The second was when my laptop started to die. I needed a new one, but I knew I had a few other big expenses in the near future and, if I could avoid it, I didn't want to tap into my personal emergency fund. Instead, I found another card offering an introductory APR and did the same exact thing.The important thing is to make sure you have a plan to finish paying off the purchase before the introductory APR expires. After that, you should go back to paying your statement in full each month, rather than carrying over a balance. You can read more about how (and why) to take advantage of 0% introductory APR offers here.The sign-up bonusIn addition to the points you earn from spending, you can earn a sign-up bonus of $150 (or 15,000 Ultimate Rewards points) when you open a Freedom Unlimited and spend $500 within the first three months. If you're taking advantage of the introductory APR, you can put the sign-up bonus right back toward paying off the purchase. Otherwise, you can enjoy the extra cash, or boost your stash of Ultimate Rewards points for your next big trip.No annual feeUnlike most premium rewards cards, the Freedom Unlimited doesn't have any annual fee. That means that you don't have to ever worry about whether you're getting enough value from the card to make up for the fee. You can use and keep the card open indefinitelysince a higher average age of your accounts contributes to your credit score, that's a great way to help add some positive data to boost it.Bottom lineThe Chase Freedom Unlimited is a no-brainer. If you're just starting out with credit cards and are looking for a way to earn some cash back, this card is a great option. If you eventually upgrade to a more robust rewards card like the Sapphire Preferred, you can turn that cash back into more valuable rewards points.If you already have Ultimate Rewards-earning cards like the Sapphire Preferred, the Sapphire Reserve, or the Ink Business Preferred, this is the best way to maximize your points earning on all your spend that doesn't fall into the other card's bonus categories.With the introductory APR, you can also take advantage of the fact to pay off a large purchase over time without having to pay huge interest rates.That makes the Freedom Unlimited the perfect card for just about everyone.Click here to learn more about the Chase FreedomUnlimitedcard from Insider Picks' partner The Points Guy.SEE ALSO:Here are all the amazing ways you can use the points from your Chase credit cardDON'T MISS:Using credit cards is important for your financial health ' here's whyJoin the conversation about this story
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