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Chase has brought back two great welcome bonuses for its popular Ink Business Credit Cards. These two cards normally have offers for $750, which are still great considering that there’s no annual fee and you can earn up to 5% cash back on popular categories.
Offer no longer valid.
Welcome Bonuses
Chase is offering a $900 cash back bonus when you spend $6,000 in the first three months after signing up for either the Ink Business Cash® Credit Card or the Ink Business Unlimited® Credit Card. Considering that the cashback can also be used in the form of Ultimate Rewards, these bonuses could be valued at $1,500 or even higher.
Both offers also come with a 0% Intro APR on purchases for the first 12 months. That can be a small bonus on its own, considering the current interest rates of 5% or more for several deposit accounts.
These are not only the best ever welcome bonuses we’ve seen offered by these cards, but they’re also great welcome bonuses in general. And to make things better, both cards come with no annual fee. It’s not clear how long these offers will be around, so it’s better to apply sooner than later.
To unlock more value from these bonuses, it’s best to pair these cards with premium Ultimate Rewards earning credit cards such as Chase Ink Business Preferred® Credit Card, Chase Sapphire Reserve® or Chase Sapphire Preferred® Card. That enables you to convert the cash-back balance on your Ink Business Unlimited Card to Chase Ultimate Rewards points.
Points can then be used for travel for a value of up to 1.5 cents each, or you can transfer to travel partners. That’s where you can unlock even more value.
Chase has 14 partner airline and hotel programs and transferring to them can be the best option to maximize the value of your points.
Here are the 1:1 ratio travel partners:
- Aer Lingus
- Air Canada Aeroplan
- British Airways Executive Club
- Emirates
- Flying Blue (Air France / KLM)
- JetBlue
- Iberia Plus
- IHG Rewards Club
- Marriott Bonvoy
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United Airlines MileagePlus
- Virgin Atlantic Flying Club
- World of Hyatt
You should familiarize yourself with a specific loyalty program before transferring your Ultimate Rewards points. Point transfers are not reversible. That means that if you Transfer Ultimate Rewards to World of Hyatt for example, you can’t transfer them back to your Chase account. You will have to use them for Hyatt stays.
Bonus categories
These are two different business credit cards, so make sure you apply for the one that best suits your needs.
The Ink Business Cash® Credit Card earns:
- 5X Ultimate Rewards points on office supply stores, internet services, cable, and phone services ($25k annual limit)
- 5X Ultimate Rewards points on Lyft rides
- 2X Ultimate Rewards points on gas and dining ($25k annual limit)
- 1X Ultimate Rewards on all other purchases
The Ink Business Unlimited® Credit Card earns:
- 1.5% cash back on all your purchases with no annual limits.
You can go with the Ink Business Cash® Credit Card if you can maximize the spending in the 5% categories, or if you spend considerable amounts on gas and dining. On the other hand, the Ink Business Unlimited® Credit Card is a simpler option with a straightforward 1.5% cash back (or 1.5X Ultimate Rewards) for every dollar you spend.
(The description almost sounds like only certain categories related to business purchases will qualify but actually these cards with earn rewards on all purchases.)
So you can either go with the Ink Business Cash® Credit Card if you can maximize the spending in the 5% categories, or the Ink Business Unlimited® Credit Card if you just need a simple card that rewards you with 1.5 points for every dollar you spend.
Perks & Benefits
The Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card are no-annual-fee products, so they have modest perks. The highlights of these cards are really the welcome bonus, and the earning rates. But there are a few things worth noting.
Small-business owners can add employee cards at no additional cost. You earn the same rewards through employee cards as you do with the primary card, so that will help you rack up points quicker. Plus you can set spending limits and categorize purchases by card, which are helpful options for small business owners, and everyone else who need to keep track of such things.
Both cards also offer purchase protection and extended warranty protection. You also get auto rental collision damage waiver when you decline the rental company’s collision insurance and charge the entire rental cost to your card. Coverage is primary when renting for business purposes.
One thing to keep in mind is that these cards are not your best option for international travel as you will be charged a 3% foreign transaction fee.
Note:
- These should be your first applications if you are still under 5/24. And since these are business cards, they won’t count towards your 5/24 count.
- It’s possible to have more than one Ink business credit card.
- If you recently applied with a lower welcome bonus, you can message Chase and ask to be matched to this new and improved offer.
Advertiser Disclosure: UponArriving has partnered with affiliate partners and may receive a commission from card issuers. UponArriving does not display all credit card offers and affiliate relationships may impact how offers are presented.
Editorial Disclosure: Opinions, reviews, analysis & recommendations are UponArriving’s alone, and have not been reviewed, endorsed or approved by any of these entities.
