With the Ink Business Unlimited credit card, you can earn a generous bonus of $750 cash back when you spend $6,000 on purchases within the first three months after opening your account. This is a great way to jumpstart your rewards and maximize your spending power. But that’s not all, this card also offers unlimited 1.5% cash back on every purchase made for your business, with no caps or categories to worry about. This means you’ll earn rewards on all your everyday expenses and can use them however you choose.in addition, the Ink Business Unlimited credit card comes with a 0% introductory APR for 12 months on purchases, allowing you to make larger purchases without accruing interest. After that, the variable APR is 18.49% – 24.49%, depending on your creditworthiness.

Quick Highlights

• Get a $750 cash back bonus: Spend $6,000 in the first 3 months from account opening.
• Earn 1.5% cash back: On every business purchase, unlimited.
• No annual fee: Enjoy the benefits without a yearly charge.
• Flexible rewards: Redeem for cash back, gift cards, travel, and more.
• Employee cards: Add cards for your team, set spending limit, and earn rewards faster.
• Fraud protection:24/7 monitoring and zero liability for unauthorized charges.
• 0% intro APR for 12 months: Enjoy a low purchase interest rate.
• FDIC insured: Your funds are protected by the Federal Deposit Insurance Corporation.

Rates and Fees

APR

• Intro: 0% introductory APR for 12 months from account opening (then, the variable APR will be 18.49%–24.49%)
• Purchase: 18.49%–24.49% variable
• Balance transfer: 18.49%–24.49% variable
• Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater
• Cash advance: 29.99%

Fee

• Cash advance fee: Either $15 or 5% of the amount of each transaction, whichever is greater.
• Penalty: Up to 29.99%
• Annual fee: $0
• Foreign transaction fee: 3% of the amount of each transaction in U.S. dollars
• Late payment fee: $40
• Returned payment fee: $40.
• Purchase Protection: Get added security against accidental damage or theft for up to 120 days on eligible purchases.
• Extended Warranty: Double the manufacturer’s warranty on eligible purchases for an additional year.

Card Features Rewards and Benefits

Rewards

• Earn 5% cash back on the first $25,000 spent annually in:
• Office supply stores
• Internet, cable, and phone services
• Earn 2% cash back on the first $25,000 spent annually at:
• Gas stations
• Restaurants
• 1% cash back on all other purchases
• Bonus: Earn 5% cash back on Lyft rides until March 2025 (limited time)

Benefits

• Free employee cards: Manage spending with dedicated cards for each employee and set spending limits for control.
• Auto rental collision coverage: Travel worry-free with theft & collision damage protection when declining rental insurance.
• Travel & emergency assistance: Get medical & legal referrals abroad, but remember to cover any service costs.
• Roadside dispatch: Get help with towing, gas delivery, or tyre changes on the go, but bear the service charges.
• Purchase protection: Secure equipment & supplies against damage or theft for 120 days, up to $10,000 per claim and $50,000 per year.
• Extended warranty: Enjoy an extra year of protection on purchases with warranties less than three years.

How to redeem Rewards

• Gift Cards: Earn 1 cent per point with major retailers (office supply, electronics, etc.). Some offer bonus value (e.g., a $15 Staples gift card for 1,350 points).
• Pay with Points: Redeem at checkout at Amazon and Apple but with a lower value (0.008 cents per point).
• Statement Credits & Deposits: Reduce your credit card balance or transfer points directly to your checking/savings account.
• Travel: Book business flights and hotels through Chase Ultimate Rewards with your points.
• Transfer Points: Move points to other eligible Chase cards for potentially higher redemption value, especially for travel. (e.g., Chase Ink Business Preferred offers 25% more value on travel booked through Chase Ultimate Rewards).

Is Chase Ink Business Cash Card right for you?

Not all businesses are created equal, and neither are their credit cards. While the Chase Ink Business Cash Credit Card boasts a tempting $0 annual fee, it might only fit some entrepreneurs perfectly. Freelancers and micro businesses, beware: The hefty $6,000 spending requirement within the first three months to unlock the bonus offer could leave you feeling stretched. Additionally, the 5% cash back on select categories like internet and cable services is capped at $25,000 annually, potentially limiting the rewards smaller companies can reap. But hold on! This card could be your sweet spot if you run a well-established business with multiple employees. Give your team authorized user cards at no extra charge, and watch those rewards pile up faster. The extended warranty protection is handy when safeguarding vital office equipment and electronics. Ultimately, the Chase Ink Business Cash Credit Card shines for established businesses with moderate to high spending. Consider your company’s size, spending habits, and employee structure before deciding if it’s the right financial sidekick for your entrepreneurial journey.

Application and Approval Process

The application process for the Ink Business Unlimited card is streamlined for efficiency. Potential cardholders should display responsible credit usage and meet certain eligibility requirements. A few tips for increasing your approval chances include maintaining a solid credit score and showcasing a clear need for business credit.

Requirements for Applying

You must meet the following requirements to apply for the Ink Business Unlimited card.

• Be at least 18 years old
• Have a physical U.S. address
• Have proof of enough income to make the monthly minimum payment
• Have a Social Security number or ITIN
• Have good credit or better.

Approval Process

After submitting your application, you can typically expect to hear back from Chase Bank within 7-10 business days. However, in some cases, it may take up to 30 days for a decision to be made. To check the status of your application, you can call Chase Bank at 1-800-847-2869.

Credit Score Requirements

To maximize your chances of approval, it is recommended that you have a personal credit score of at least 670-850 (Good to Excellent), more information, or a business credit score of at least 75. This shows Chase Bank that you are financially responsible and can handle credit card payments.

Contact/ Customer Service

• Helpline Number: 1-800-847-2869.
• Official Website: Chase Bank

Conclusion

For small business owners seeking an uncomplicated, valuable business credit card, the Ink Business Unlimited Card emerges as a top contender. Its combination of a straightforward cash-back rewards program, flexibility in spending, and valuable fringe benefits make it a comprehensive financial tool for businesses looking to grow. Whether you’re making everyday purchases or investing in big-ticket items, the Ink Business Unlimited card stands ready to back you every step of the way.

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