Chase Launches Huge New Offers for No-Annual-Fee Ink Business Cards

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Chase just increased the sign-up bonus for two of its most popular business credit cards. New applicants of the Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card can receive a $750 bonus after you spend $7,500 on purchases in the first 3 months from account opening.

That's a massive 50% increase over the standard offer. And it's the best sign-up bonus Chase has ever offered for either of these cards.

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card
Annual Fee$0
Welcome Bonus Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
The best business card to earn Ultimate Rewards on non-bonus purchases, you receive a $750 cash back bonus after you spend $7,500 on purchases in the first 3 months from account opening. Earn 1.5% back on all business expenses.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • 0% introductory APR for 12 months on purchases
  • Employee cards at no additional cost
  • No Annual Fee
  • Earn unlimited 1.5% cash back on every purchase made for your business

Ink Business Cash® Credit Card
Ink Business Cash® Credit Card
Annual Fee$0
Welcome Bonus Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
Features a $750 cash back signup bonus, and you earn 5% cash back on a select range of business expenses on the first $25,000 spent each year.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • 0% introductory APR for 12 months on purchases
  • Employee cards at no additional cost
  • No Annual Fee
  • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • 1% cash back on all other card purchases with no limit to the amount you can earn

Ink Unlimited Highlights and Key Benefits

The Ink Unlimited (full review) is a perfect choice for small business owners who like simplicity. It offers a competitive 1.5X points on all purchases while charging $0 annual fee. Plus, the card offers a broad range of business, travel, and consumer benefits that provide lots of additional value.

Some of the most notable benefits of the Ink Unlimited include:

  • 75,000-point sign-up bonus (worth at least $750)
  • $0 annual fee
  • 0% Intro APR on Purchases for the first 12 months, then a variable rate of 13.24% - 19.24%
  • Employee cards at no additional cost
  • Earn unlimited 1.5% cash back on every purchase made for your business. That means there's no need to keep track of spending categories.
  • Rental car primary theft and collision damage coverage
  • Purchase Protections — 120 days of damage and theft protection, one-year of extended warranty protection

Ink Cash Highlights and Key Benefits

The Ink Cash (full review) offers some of the most valuable spending category bonuses available. Of course, that's provided that these spending categories match your business' spending patterns. Cardholders can earn 5X, 2X, or 1X points per dollar, depending on the purchase:

However, the caveat is that Chase caps the two bonus categories to the first $25k in combined total spend each account anniversary year. After that, cardmembers earn 1X on every purchase.

Some of the most notable benefits of the Ink Cash include:

  • 75,000-point sign-up bonus (worth at least $750)
  • $0 annual fee
  • Employee cards at no additional cost
  • Huge bonuses in select categories, up to 5X points per dollar
  • Rental car primary theft and collision damage coverage
  • Purchase Protections — 120 days of damage and theft protection, one-year of extended warranty protection

Do the Ink Cash and Ink Unlimited earn points or cash back?

The Ink Unlimited and Ink Cash both earn Ultimate Rewards points. However, these points aren't transferrable to Chase's airline and hotel transfer partners unless you have one of several other Ultimate Rewards cards (see below).

If your new no-annual-fee Ink business card is your only Ultimate Rewards card, you can redeem for:

  • 1¢ per point — cash back (statement credit or direct deposit), gift cards, and travel booked through the Ultimate Rewards Travel Portal
  • 0.8¢ per point — Amazon purchases

However, Chase allows cardholders to combine points between different accounts, including between business and personal accounts. That means, if you have one of these three cards, you can transfer the points earned from the Ink Cash or Ink Unlimited welcome offers to Ultimate Rewards partners:

The above cards will also instantly make your points worth more when you book travel through the Chase Portal. Instead of 1.0¢ per point, you'll get 1.25-1.50¢ depending on which card you hold. In short, the no-annual-fee Ink business cards (and their bonuses) are even better when paired with another Ultimate Rewards card.

Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card
Annual Fee$95
Welcome Offer New Offer! Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.
The most valuable Ultimate Rewards signup bonus on offer and our top pick for small business rewards cards. Business owners earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. Plus, earn up to 450,000 points per year on a wide range of 3X bonus categories.
  • New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee
  • 3X points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year
  • 1X point per $1 on all other purchases

Related Post: Chase Launches Huge 100K Offer on Chase Ink Preferred

Application Restrictions

Beyond overall credit-worthiness, the primary restriction applicants need to contend with is Chase's unpublished 5/24 policy. While you won't find this policy written anywhere now, it temporarily appeared on the application page for the Sapphire Reserve in 2016:

You will not be approved for this card if you have opened 5 or more bank cards in the past 24 months.”

Chase applies this policy to Ink business cards as well as Chase's personal cards. That means that you'll want to check your 5/24 status to make sure you're under 5/24 before applying. If so, you should be eligible for the Ink Unlimited and the Ink Cash.

Business credit cards generally don't count toward your 5/24 status. As the Ink Unlimited and Ink Cash are both small business cards, opening them won't hurt your 5/24 status for future Chase applications.

Our Take

Earning a 75,000-point (or $750) bonus on a card with no-annual-fee is simply incredible. This is the highest sign-up bonus we've ever seen Chase offer for the Ink Unlimited and Ink Cash. In fact, this is one of the highest sign-up bonuses I've ever seen on ANY no-annual-fee card.

We don't know how long Chase plans to keep these raised offers around. If you're a small business owner and you've been considering one (or both) of these products, now is a great time to apply.

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Comments

  • Avatar

    It is really amazing that chase is offering the high bonus. Can’t say it is a pro or con since we all look at the points and how we utilise it very differently. The high $7500 spent is high.
    It my head spin so fast when I saw it yesterday, but I didn’t look at the details yet. The no AF is a big plus, but I think they both have FX Fee… yes? 7500 is a but hard to swallow, with no benefits …well, no Af to cancel out.

    For a moment when I say the details, I thought that from my personal view, and interest, current Amex Plat way out do them, yes $550 fee, and if they keep at what they have been offering members, one would at least breakeven or make extra. Lower spent over 6 months and a totaL of 125k bonus. MR is my target now as I have accumulated enough UR which isn’t always easy to use for my purpose.
    They are are really competing like crazy. Amex Gold recently ended referal bonus, and extra 3 points per $ for 3 mth, and 25k for referring someone to apply for the Gold was literally gold! This time Amex gave me my my 25k referral the next day, my referal applied and approved for the card. No waiting for him to hit spent or anything. Never have I receive bonus from Amex that fast.

    Thank you for sharing the details. I would also point out, if you have CSR, transfering the 750 to CSR increase that value. At the moment UR can be used to pay yourself back on groceries and etc at 1.5 cents, and it is a better cash out value at 1 cpp. Then use that to purchase a get points. That is a big selling point for many, but I am still hoping for my RTW Biz ticket, lol

    • Avatar

      It sure is a hefty spending amount, but Chase is trying to target high-spending businesses. And I can’t blame them!

      Agreed that the Amex Platinum offer is unreal right now. And it sounds especially good for your situation if MR is what you need.

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    good offer for a no fee card !

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    This card really shines during these exceptional times.

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    Among all business cards, this card impresses me the most, seriously.

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    Thank you for this information. I did not realize that Chase business credit cards were subject to 5/24.

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    Wow. I’ve really got to look into this. My wife has dabbled in photography and clothing sales. How strict is Chase?

    • Avatar

      Chase isn’t the most lenient bank about issuing business cards. Sometimes Chase will be sticklers about requesting more documentation and may turn you away if you have too small or new of a business. That said, both my wife and I have Chase business cards and we are unincorporated sole proprietors that earn money from writing. So, small businesses with no documentation certainly can get a business card.

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    Could people apply if not having any business?

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    Thanks for the info! Seriously considering one of these.

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    Chase is making great offers for both personal and business cards.

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    Ink Unlimited – before you get too excited – “After you spend $7,500 on purchases in the first 3 months after account opening.”

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    Good post. Now that we may have a vaccine coming, might be a good idea to get a new card and get the reward

  • Avatar
    Daniel MCCARTHY says:

    American Airlines has now extended its mileage expiration pause through June 30, 2021 but what happened if my points expired earlier (ie 5/15/21). Would that be extended to 6/30/21? Would appreciate it if anyone can clarify.

    • Avatar

      That’s correct. If your AA miles would normally expire between now and June 30th, they will now expire on June 30, 2021. So just make sure to generate some activity before then.