While Chase offers a robust portfolio of consumer credit cards, the issuer also has a suite of business cards tailored to different types of companies and expenses.
Known as the Ink Business family, these credit cards earn either cash-back rewards or Chase Ultimate Rewards points.
Depending on the card you carry, you may be able to combine your rewards with other cards that earn Ultimate Rewards points — such as the Chase Sapphire Preferred® Card (see rates and fees), Chase Sapphire Reserve® (see rates and fees), Chase Freedom Flex® (see rates and fees), or Chase Freedom Unlimited® (see rates and fees), — to further boost your earning and redemption options.
There are currently four Ink Business cards available for those interested in applying:
Let’s examine these four cards and see which works best for your business.
Chase Ink Business Cards overview
| Ink Business Premier | Ink Business Cash | Ink Business Unlimited | Ink Business Preferred | |
|---|---|---|---|---|
| Annual fee | $195 | $0 | $0 | $95 |
| Welcome bonus | Earn $1,000 cash back after spending $10,000 on purchases within the first three months of account opening. | Earn up to $750: $350 cash back after spending $3,000 on purchases in the first three months from account opening and an additional $400 after spending $6,000 on purchases in the first six months from account opening. | Earn $750 cash back after spending $6,000 on purchases within the first three months from account opening. | Earn 90,000 points after spending $8,000 on purchases within the first three months from account opening. |
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| Foreign transaction fees | None | 3% of each transaction | 3% of each transaction | None |
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Chase Ink Business cards
Ink Business Premier Credit Card
Welcome bonus: Earn $1,000 cash back after spending $10,000 on eligible purchases within the first three months of account opening.
Annual fee: $195.
Here’s how you might approach it:
- Ink Business Cash: Use this card at office supply stores and on telecommunication purchases to earn 5% back (or 5 points per dollar spent), and use it at restaurants as well to earn 2% back (or 2 points per dollar spent).
- Ink Business Preferred: Use this card for travel costs, shipping providers and advertising purchases with social media platforms and search engines to earn 3 points per dollar spent. Plus, use it for all purchases outside the U.S. to avoid foreign transaction fees.
- Ink Business Unlimited: Use this card for all other purchases to earn 1.5% back (or 1.5 points per dollar spent) if you want to earn rewards that can be turned into transferable points.
If you then combine all of your earnings from these cards under your Ink Business Preferred, you’ll have a nice balance of fully transferable Ultimate Rewards points. Also consider:
- Ink Business Premier: Use this card for all other purchases if you’re OK with earning cash back or if you need a card with no preset spending limit when making large purchases.
The application terms allow you to open each card, earn the welcome bonus on each, and even earn the bonus on each card for each of your separate businesses. However, the issuer’s standard application restrictions will apply; if you want to add a new Ink product to your wallet, consider these guidelines to maximize your approval chances.
Bottom line
As with Chase’s consumer cards, you can amplify your rewards strategy dramatically by combining two (or more) Ink business cards that offer you the most points and benefits for your business spending. If you plan to apply for one or more of these cards, applying for no more than one personal and one business card with Chase within a 90-day window is recommended.
When planning your strategy, remember Chase’s 5/24 rule, which means that you could be rejected automatically for most Chase cards if you’ve opened five or more cards in the last 24 months. Opening a new business card from Chase will not add to your 5/24 status.
If you aren’t immediately approved and need to call for reconsideration, you may need to answer questions about your business or provide supporting documents before your application is approved. But that bit of extra effort could be well worth it to reap the rewards these cards offer.
Apply here: Ink Business Preferred Credit Card
Apply here: Ink Business Unlimited Credit Card
Apply here: Ink Business Cash Credit Card
Apply here: Ink Business Premier Credit Card