Chase has introduced a selection of credit cards tailored for business owners aiming to earn rewards on their purchases. The lineup includes the Ink Business Unlimited Credit Card, the Ink Business Cash Credit Card, and the Ink Business Preferred Credit Card, each offering various benefits and reward structures.
The Ink Business Unlimited Credit Card provides a straightforward cash-back option with a 1.5% return on all purchases. “The Ink Business Unlimited is a great option for small businesses and sole proprietors who don’t have spending concentrated in specific spending categories,” according to the release. The card comes with no annual fee and offers a welcome bonus of $750 cash back after spending $6,000 within three months of account opening.
For those interested in earning points, the Ink Business Preferred Credit Card offers 90,000 bonus points after an initial spend of $8,000 within three months. It has an annual fee of $95 and allows cardholders to earn 3 points per dollar on specific categories such as shipping purchases and advertising with social media platforms. “Small-business owners with significant spending in the above bonus categories will be happy to earn up to 450,000 points per year on those purchases,” states the release.
Another option is the Ink Business Cash Credit Card which provides a tiered cash-back system: 5% back at office supply stores and on internet services, 2% at gas stations and restaurants, and 1% elsewhere. It also offers up to $750 cash back through its welcome bonuses without any annual fee.
The Ink Business Premier Credit Card targets users who prefer flexibility but does not allow conversion into Chase Ultimate Rewards points. This card earns 2.5% cash back on larger transactions exceeding $5,000 or more and 2% on other purchases with an annual fee of $195.
Business owners can benefit from these offerings if they have upcoming significant expenditures or wish to leverage these reward systems sooner rather than later. However, applicants must adhere to Chase’s “5/24” rule—limiting approvals for those who have opened five or more credit accounts in two years—to qualify for these cards.
