Chase Business Cards Offer Highest-Ever Bonuses
Chase is offering its highest-ever bonuses on two no-annual-fee business cards, with new applicants able to earn $1,000 in bonus cash back after spending $8,000 on purchases in the first four months from account opening.
The Ink Business Unlimited and Ink Business Cash credit cards are strong options for small businesses, with flat-rate or bonus-category earning structures that can add up quickly. Both cards are currently offering their highest-ever welcome bonuses, making them an attractive choice for business owners.
Key Features of Chase Business Cards
The Ink Business Unlimited and Ink Business Cash cards have different earning rates and benefits, but both offer a $1,000 bonus cash back after spending $8,000 on purchases in the first four months from account opening. The key features of each card are:
| Card | Welcome Bonus | Annual Fee | Earning Rate |
|---|---|---|---|
| Ink Business Unlimited | $1,000 | $0 | 1.5% cash back on all purchases |
| Ink Business Cash | $1,000 | $0 | 5% cash back at office supply stores and on internet, cable and phone services, 2% cash back at gas stations and restaurants, 1% cash back on all other purchases |
Eligibility and Application Requirements
To be eligible for a Chase Ink welcome bonus, applicants must be under the 5/24 rule, meaning they have opened fewer than five new credit cards across issuers in the past 24 months. Additionally, applicants must have a legitimate business to qualify for an Ink card, although this can include freelancing, gig work, and sole proprietorships.
Converting Cash Back to Chase Points
While the Ink Business Unlimited and Ink Business Cash cards technically earn cash back, this can be converted into Chase Ultimate Rewards points if the cardholder also holds a premium card such as a Sapphire card or the Ink Business Preferred Credit Card. This can dramatically boost the value of the rewards, as points can be redeemed for travel at elevated rates or transferred to airline and hotel partners.
Other Chase Business Cards
Chase also offers other business cards, including the Ink Business Preferred and Ink Business Premier. The Ink Business Preferred has a welcome bonus of 100,000 bonus points after spending $8,000 on purchases in the first three months from account opening, while the Ink Business Premier has a welcome bonus of $1,000 in bonus cash back after spending $10,000 on purchases in the first three months from account opening.
Bottom Line
The current bonuses on the Ink Business Unlimited and Ink Business Cash cards make them an attractive choice for small businesses. With their flat-rate or bonus-category earning structures and ability to convert cash back to Chase points, these cards can provide significant value for business owners. However, applicants must be eligible and able to meet the spending requirements to earn the welcome bonus.
