Chase Freedom Unlimited® vs SoFi Everyday Cash Rewards Credit Card
Side-by-side comparison
| Chase Freedom Unlimited® | SoFi Everyday Cash Rewards Credit Card | |
|---|---|---|
| Annual fee | No annual fee | No annual fee |
| Welcome offer | $200 cash bonus | No standing welcome bonus (offers vary by applicant) |
| Dining | 3x | 3x |
| Groceries | 1.5x | 2x |
| Gas | 1.5x | 1x |
| Travel | 1.5x | 1x |
| Streaming | 1.5x | 1x |
| Everything else | 1.5x | 1x |
| Est. yearly rewards* | $490 | $412 |
| Points type | Pools with Chase → transferable | Cash back only |
| Network | Visa | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Chase Freedom Unlimited® | SoFi Everyday Cash Rewards Credit Card |
|---|---|---|
| Welcome bonus | $200 cash bonus | No standing welcome bonus (offers vary by applicant) |
| To earn it | $500 in 3 months | No minimum spend |
| Est. first-year value* | $690 | $412 |
| Est. ongoing value / yr* | $490 | $412 |
The Chase Freedom Unlimited® wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Chase Freedom Unlimited® | SoFi Everyday Cash Rewards Credit Card |
|---|---|---|
| Lounge access | None | None |
| Annual credits | None | None |
| Points & redemptions | Transferable (paired with a premium card) | Cash back only |
On perks and redemptions, the Chase Freedom Unlimited® earns transferable points with a higher redemption ceiling, while the other is capped nearer a flat cent. Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
Only the Chase Freedom Unlimited® earns transferable points. Its Chase Ultimate Rewards move to World of Hyatt, United, Air Canada, Southwest, and British Airways Avios, where a point can be worth several cents on a premium-cabin redemption, far above its cash value. The SoFi Everyday Cash Rewards Credit Card pays flat cash back, worth about a cent, so its ceiling is nearer a penny per point no matter how you redeem.
The verdict
On a typical year of household spending, the Chase Freedom Unlimited® earns about $490 a year in rewards and the SoFi Everyday Cash Rewards Credit Card about $412, valuing every point at a flat 1 cent. The Chase Freedom Unlimited® has no annual fee, so its rewards are all profit. The SoFi Everyday Cash Rewards Credit Card has no annual fee, so its rewards are all profit. Counting rewards and any credits, the Chase Freedom Unlimited® delivers more total value, about $78 a year more for a typical spender, mostly because it earns more where you spend most, on everything else and gas. The bigger difference is the ceiling: the Chase Freedom Unlimited® earns points you can move to travel partners for outsized value, while the SoFi Everyday Cash Rewards Credit Card pays plain cash back. Favor the Chase Freedom Unlimited® if you will use travel transfers, the SoFi Everyday Cash Rewards Credit Card if you want simplicity. On the sign-up bonus, the Chase Freedom Unlimited® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Chase Freedom Unlimited® if your spending leans toward gas, travel, streaming. Pick the SoFi Everyday Cash Rewards Credit Card if your spending leans toward groceries.