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UPDATE: Chase has now released the Ink Business Unlimited℠ Credit Card, catch all the details in our full review!
According to a leaked image, it seems that Chase will be adding a new Business credit card to its lineup of Ink credit cards. Although Chase has yet to confirm the full card details, some information was made available in the image.
Key Features
- Earn $500 bonus cash back after you spend $3,000 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 and balance transfers
The 5/24 rule
We have no doubt that the new card will be subject to Chase’s 5/24 rule. However, remember that most Business cards are not taken into account when Chase uses the 5/24 rule as they don't report to your personal credit report. Adding this card to your credit portfolio won't increase your 5/24 count.
Our Take
This card seems to be a business version of the Chase Freedom Unlimited®. The card’s features—earning 1.5% cash back on your business purchases, being able to combine your cashback into Chase Ultimate Rewards (we hope this benefit will continue), and charging $0 annual fee–make it an interesting option for those who don’t need the extras provided by the Ink Business Preferred℠ Credit Card. If you already hold the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® this card is a great companion for your business expenses.
Source: View From The Wing
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
CHASE Sapphire Preferred is a great card and in combination with this new INK card, it may be the perfect partner in obtaining the optimum advantages that CHASE offers its business clients. With worldwide acceptability, excellent customer service, protection and security, CHASE is an industry leader in offering top value with top customer care. With a no annual fee combined with the cash back and bonus at spend, it is a winner.
More options are always a good thing. I just hope Chase doesn’t decide to do away existing/grandfathered biz cards that still earn 5x at office supply stores.
WIth no annual fee, it can be a decent card to hold potentially, assuming tranfers, etc remain viable.
I need to get my side business up and running. Looking forward to being able to start taking advantage of all these business card offerings.
Any idea if they will stop issuing the old card?
At this point we have no indication one way or the other.
Interesting. I’ve been looking into getting a companion card for my CSR, so this may be a good one.
I like it for the bonus. If people really do have businesses and want a good everyday business card to use, this isn’t bad, when paired with a premium business card like the Ink Plus or Ink Preferred.
Personally, I love pairing this with a Sapphire Reserve/Preferred on the personal side of things — as long as I can continue to combine points.
No annual fee! Love it, great ability to pair and maximize. Plus no 5/24!
This is great! No annual fee and business!
This card looks decent. Especially the $500 after $3,000 spending.
A new product is always exciting.
Can’t wait!
With no annual fee and if I can transfer to my Chase Sapphire Reserve it is a good deal!
No fee is a plus as long as they don’t mess with the other perks.
Great bonus and no annual fee, win,win!
Good cashback rate and the ability to redeem to miles with no annual fee, seems a really good card.
The card, on its own, cannot have its points transferred to airline/hotel partners. It must be paired with a premium ultimate rewards earning card. More details here on creating a proper ultimate rewards earning wallet: https://awardwallet.com/blog/create-ultimate-travel-rewards-credit-card-combo/
The Amex Blue Business also has no annual fee and 2% back…
The Amex Blue Business Plus (https://awardwallet.com/blog/amex-blue-business-plus/) earns Membership Rewards points, but yes, 2 per dollar up to 50k / year (for a total of 100k points on the first 50k of spend you make per year)
I love all my Chase cards. And, now this new one is coming down the pike. No complaints from me!
I love more options and it can always come in handy!
Plus it has no annual fee and I can transfer into my Chase sapphire Reserve then that’s awesome!
Thanks!
This card is another great way to always earn more than 1 point per dollar on all spending. However, there doesn’t seem to be any greater benefit than holding the Freedom Unlimited so it might not be worthwhile holding both of them…Unless this card had no foreign transaction fees! That would be a game changer. I don’t have any of the other Ink Cards so I’m not sure if this would be expected or not.
Looks like a good card for businesses.
Nice bonus for a no annual fee card!
I like this better. Can’t take advantage of all the other bonus categories in the other version of Chase’s business cards.
I’m glad to hear this!
waiting till tomorrow to check it out
is it out yet?
I haven’t seen anything about it yet.
$500 bonus, no annual fee and on the business side! This would appear to be a winner for the bonus alone.
@M says: “No annual fee! Love it, great ability to pair and maximize. Plus no 5/24!”
You win by hitting all the positives in the least number of words!
Pairing it with the CSR is the way to go. 1.5 percent turns it into 2.25c back when redeeming through chase.
Still waiting to find out about this one.
No 5x earning but it’s great to have more UR earning cards.