For entrepreneurs who want to care about their business rather than credit card rewards programs. Ink Business Unlimited® Credit Card The one from Chase is simple.
The annual fee for this card is $0is unlimited 1.5% cash back on all purchases, long APR terms, and a generous sign-up bonus. Earn $750 bonus cash back after you spend $6,000 on purchases within the first three months after account opening.
But business owners looking to get the most out of their business cards might get even greater benefits from another option. Chase Business Credit Card Lineup.
of Ink Business Unlimited® Credit Card Perfect for small business owners who:
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You want to get a big sign-up bonus.
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You're planning a large purchase and would like a 0% APR introductory period.
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They prefer a consistent cashback percentage over managing bonus categories.
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I don't want to pay the annual fee.
you Ink Business Cash® Credit Card Instead, if: There are relatively few business expenses, but they are concentrated in office supplies and internet, cable, and phone services. The card earns up to 5% cash back on up to $25,000 in spend in these categories. It also tops out with 2% cash back at restaurants and gas stations (also up to $25,000 in spend). Ink Business Unlimited® Credit CardFlat 1.5% rate. Read our review of Ink Business Cash® credit card.
you Chase Inc. Business Preferred Instead, if: You're a frequent business traveler, and this card earns you up to 3 points per dollar on travel purchases and also offers an even bigger welcome offer than the Unlimited. Earn 100,000 bonus points after you spend $8,000 on purchases in the first three months after account opening, which is worth $1,000 cash back or $1,250 in travel when redeemed through Chase Travel℠.
Main features Ink Business Unlimited® Credit Card
Sign-up bonus: Earn $750 bonus cash back after you spend $6,000 on purchases within the first three months after account opening.
Rewards: Unlimited 1.5% Cashback on all purchases.
April: 0% introductory APR for 12 months on purchase, then 18.49% – 24.49% variable continuing APR.
Foreign Transaction Fee: 3%.
Why you need an Ink Business Unlimited® credit card
No cap on cashback rewards
of Ink Business Unlimited® Credit Card as its name suggests, 1.5% Cash back with no caps or restrictions: While other cards offer higher cash back rates, anywhere from 2% to 5%, almost all cards limit the amount you can earn through annual spending limits or use of bonus categories.
Rewards are available in the following forms: Chase Ultimate Rewards® pointspoints are worth 1 cent per point when redeemed as cash back, which you can receive as a statement credit or direct deposit into most U.S. checking and savings accounts. Points can also be redeemed for:
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Gift cards (1 cent per point).
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Travel booked through Chase Ultimate Rewards® (1 cent per point).
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Purchases on Amazon (0.8 cents per point).
You'll also be able to transfer your rewards to other Chase accounts that earn Chase Ultimate Rewards® points, making your travel even more valuable.
Easy-to-understand rewards
of Ink Business Unlimited® Credit Card You don't have to remember spending categories and you get a flat rate of 1.5 points per dollar spent, so this card may be a good option for solopreneurs or very small business owners who juggle a lot of competing priorities.
Freelancers, gig workers, and people with side hustles can also apply for a business credit card — you don't need to incorporate or have a formal business structure like an LLC or partnership.
Great welcome offer, long introductory APR period
If your company is about to make a major purchase, Ink Business Unlimited® Credit Card The benefits are two-fold: Firstly, you get a massive welcome offer on your spending. Earn $750 bonus cash back after you spend $6,000 on purchases within the first three months after account opening. You can then pay off the balance without any interest. 0% introductory APR for 12 months on purchase, then 18.49% – 24.49% variable continuing APR.These are great perks for a business credit card, especially one with a $ annual fee.0.
Why you need another card
Spending more on certain categories, such as gasoline or office supplies
Cashback reward rate 1.5% All in all, it's simple, but if you spend more on certain categories, like travel or office supplies, cash back business credit card It offers higher reward rates for these spending categories.
For example, Chase's lineup also includes Ink Business Cash® Credit Cardoffers 5% cash back on up to $25,000 in annual purchases at office supply stores, internet, cable and phone services. Plus, you get 2% cash back on up to $25,000 in annual purchases at gas stations and restaurants, plus unlimited 1% cash back on purchases with other cards. Also, the annual fee is $0.
Travel abroad often
Want a higher payout rate?
Higher cashback reward rates are available, but may be subject to limitations. American Express® Blue Business Cash CardFor example, you can get 2% cash back on your first $50,000 annual spending, then it drops to 1% after that. You can also get 2% cash back indefinitely, but Ink Business Premier® Credit Card or Capital One Spark Cash PlusBoth cards are charge cards and have annual fees. (look Fees and charges.
I Ink Business Unlimited® Credit Card?
Simplicity Ink Business Unlimited® Credit Card It could be a good fit for entrepreneurs who don't want to deal with pesky bonus category terms, and the sign-up bonus and introductory period of 0% interest on purchases are great perks for anyone planning to make a big purchase and pay it off over time.
