Chase Launches $900+ Offer with its New Ink Business Card

Chase Launches $900+ Offer with its New Ink Business Card

If you're considering getting a new business credit card, Chase has a tempting offer with its Ink Business Card lineup. These cards can put over $900 in your pocket as a welcome bonus, and they also offer cash back on your purchases.

The selection includes various options, such as the no-annual-fee Ink Business Cash® Credit Card and the premium Ink Business Premier℠ Credit Card, which gives you 2.5% cash back on purchases exceeding $5,000, along with travel perks through Chase Ultimate Rewards®. These cards are designed to meet the needs of small-to-medium business owners, making them a valuable choice for those seeking rewards and financial flexibility.

Ink Business Cash Credit Card

The Ink Business Cash Credit Card offers a lucrative sign-up bonus of $900 in cash back when you spend $6,000 on purchases during the first 3 months after opening the account. It also provides a 0% APR for the first 12 months on purchases, followed by a variable APR of 18.49% to 24.49%. The best part is, there's no annual fee, but it does have a 3% foreign transaction fee, making it less suitable for international travel.

You can earn 5% cash back on the first $25,000 spent each year at office supply stores and on internet, cable, and phone services. Additionally, you'll get 2% cash back on the first $25,000 spent each year at gas stations and restaurants, along with 1% back on all other purchases.

The card also offers useful business-friendly features like free employee cards with individual spending limits and the option to integrate your Chase Ink card with bookkeeping software. When it comes to redeeming rewards, your points are worth one cent each when redeemed for cash back, gift cards, or travel.

Ink Business Unlimited Credit Card

The Ink Business Unlimited Credit Card offers a $900 bonus cash back when you spend $6,000 in the first 3 months, has no annual fee, but charges a 3% foreign transaction fee, making it less suitable for international travel. It provides a steady 1.5% cash back on all your business purchases, offers free employee cards with spending limits, and integrates with bookkeeping software. You can redeem your rewards as cash back, gift cards, or travel through the Chase Ultimate Rewards® program.

Ink Business Premier Credit Card

The Ink Business Premier Credit Card offers a generous $1,000 bonus cash back when you spend $10,000 in the first 3 months and has an annual fee of $195, making it suitable for big spenders. It does not charge foreign transaction fees, making it a good choice for international travelers. You can earn 2.5% cash back on purchases of $5,000 or more and 2% cash back on all other business purchases.

This card provides 5% total cash back on travel booked through Chase Ultimate Rewards and 5% back on qualifying Lyft rides through 03/2025, along with travel benefits like trip cancellation/interruption insurance. Additionally, it offers free employee cards with spending limits and integrates with bookkeeping software, and you can redeem your rewards through the Chase Ultimate Rewards® program.

What to Consider Before Applying a New Ink Business Card?

Before applying for a business credit card like a Chase Ink card, there are several important factors to consider. Firstly, check your credit score because most top business credit cards require good or excellent credit, typically a FICO score of 670 or higher. If your credit score is lower, your options may be limited.

Next, think about the potential costs. Business credit cards often come with high interest rates, and some may charge an annual fee. If you plan to carry a balance, consider how interest charges could impact your finances. Assess whether the rewards and perks offered can outweigh any annual fees.

Also, consider your ability to manage another financial account. If you already have multiple personal and business accounts, adding another one might complicate things, so weigh the benefits against the complexity.

Lastly, understand why you want a business credit card. They can help with day-to-day cash flow, but if you need financing for business growth, a small business loan might be more suitable. Remember that even with a business credit card, you may still be personally liable for the debt, so maintain security and control over the account to protect your interests.

Who is Eligible to Earn the $900+ Offer with the New Ink Business Card?

Eligibility for the $900+ offer with the new Ink Business Card is quite flexible. Even if you don't think you have a traditional business, you can still qualify. Many side-hustles, like driving for Uber or Lyft, babysitting, tutoring, or reselling items online, can make you eligible for a business credit card from Chase.

Chase is known for having stricter eligibility criteria for some of its cards, but for its business cards, it's more lenient. There are no specific restrictions mentioned in the terms about waiting for extended periods between earning bonuses. You can apply for both the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card and receive both welcome bonuses.

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Who Cannot Get a Targeted $900 Welcome Bonus?

Are you eyeing that enticing $900 welcome offer on the Ink Business Unlimited card from Chase? It sounds like a great deal, but before you get too excited, it's essential to know that not everyone is eligible to snag this offer. There are two main reasons you might not be eligible for the targeted $900 welcome offer:

Chase 5/24 rule: If you've opened 5 or more new credit card accounts in the past 24 months, you won't qualify for the welcome offer for the Ink Business Unlimited card. This rule, known as the Chase 5/24 rule, restricts your eligibility for certain Chase credit cards.

Low Credit Score: If you have a low credit score, you're more likely to be denied for the card, regardless of the welcome offer. It's crucial to use your credit responsibly and work on improving your credit score so that you can take advantage of attractive welcome offers when they become available