Blue business plus vs. Ink business unlimited

The Blue Business® Plus Credit Card from American Express vs. Ink Business Unlimited® Credit Card

Two of the best no-annual-fee business credit cards are the The Blue Business® Plus Credit Card from American Express and the Ink Business Unlimited® Credit Card. Business owners searching for a great card with excellent rewards and no annual fee will want to apply for one–or both–of these cards.

The Blue Business® Plus Credit Card from American Express vs. Ink Business Unlimited® Credit Card: Side-By-Side Comparison

Both of these cards made our list of the best business credit cards. Here are the details of each card:

The Blue Business Plus Credit Card from American Express
Chase Ink Business Unlimited

Our Rating

4.5
★★★★
4.6
★★★★

Welcome Offer

Earn 15,000 Membership Rewards® points (Terms Apply)

Earn $750 bonus cash back

Rewards

1x - 2x

1.5%

Annual Fee

No annual fee

$0

Regular APR

18.49% - 26.49%

18.49% - 24.49%

0% APR on Purchases

12 months from date of account opening

12 months

0% APR on Balance Transfers

N/A

N/A

AmEx Business Plus

Ink Business Unlimited

Welcome Offer Winner: Ink Business Unlimited

The Blue Business® Plus Credit Card from American Express has this offer for new cardholders: Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership. (Terms Apply.)

Ink Business Unlimited® Credit Card offers this: Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.

American Express membership points are worth between 0.6 cents and a penny each, depending on how you redeem them. That makes this offer worth about $150 if you redeem the points for travel.

The Chase offer seems very straightforward, but if you read the fine print, what you get is 75,000 points, which can be redeemed for $750 in cash. Still, it is a lot more money, so Chase wins this round.

Rewards Winner: It’s a tie

The Blue Business® Plus Credit Card from American Express offers cardholders 2x Membership Rewards® points on all eligible business purchases, up to $50,000 per year. After that, you’ll earn 1x points on all eligible purchases.

Ink Business Unlimited® Credit Card offers cardholders unlimited 1.5% cash back on every purchase. You do earn 5% cash back on Lyft rides as well through March 2025, but for most people, the 1.5% cash back on every purchase is the selling point. No categories, no caps.

As far as which card is the better deal, it depends on how much you spend. If you spend less than $50,000, the American Express card is the better deal. If you spend more than that, the Chase card earns more cash back. Of course, you could just get both cards, but we’ll get to that in a minute.

Here are the details for each card.

The Blue Business® Plus Credit Card from American Express Rewards

1x points
On all other eligible purchases
1x points on other purchases.
2x points
All eligible purchases
Earn 2x Membership Rewards® points on everyday business purchases such as office supplies or client dinners up to the first $50,000 in purchases per year, then 1x points.

Ink Business Unlimited® Credit Card Rewards

1.5% cash back
All eligible purchases
1.5% cash back on all eligible purchases with no limits to the amount you can earn

Interest Rates Winner: It’s a tie

Both cards offer similar interest rates, although American Express has a slightly higher ceiling on the APR. Both cards charge foreign transaction fees, with the American Express card charging a teeny tiny bit less. This is a toss-up.

AmEx Business Plus

Ink Business Unlimited

Annual Fee

No annual fee

$0

Foreign Transaction Fee

2.7% of each transaction after conversion to US dollars.

3% of each transaction in U.S. dollars

Regular APR

18.49% – 26.49%

18.49% – 24.49%

Fee Winner: It’s a tie

These cards are remarkably similar. Neither has an annual fee, and both have a 0% introductory APR offer on purchases for the first 12 months from date of account opening. We’re going to call this one a tie as well.

Features and Benefits: Ink Business Unlimited

These are very similar cards, benefits-wise. The only thing that the Ink Business Unlimited offers that the AmEx Business Plus doesn’t is roadside dispatch. It’s not a free benefit: any services are billed to your card.

One significant difference is that the insurance on the auto collision damage waiver on the Chase card is primary insurance, and on the American Express card, it’s secondary. Secondary insurance means the credit card will only pay for whatever your personal auto insurance doesn’t cover. You will have to file a claim with your personal insurance, fill out forms, and possibly risk your rates going up.

With Primary insurance, you can skip all of that. Your credit card will pay the claim first, without you having to file to see what your personal insurance covers. Keep in mind you must pay for the rental car with your credit card, and no credit card covers liability insurance. But this is a great benefit, especially for a card with no annual fee.

AmEx Business Plus

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver

Ink Business Unlimited

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver, Roadside Assistance

Who the The Blue Business® Plus Credit Card from American Express is Best For

The Blue Business® Plus Credit Card from American Express is an excellent card for business owners who don’t anticipate spending over $50,000 on their credit card in any given year. Many small businesses fall under this threshold, and this card should suit you well. You can take advantage of the 0% intro APR 12 months from date of account opening on purchases to set up an office or invest in some upgrades.

Who the Ink Business Unlimited® Credit Card is Best For

Ink Business Unlimited® Credit Card is a great no-annual fee card for business owners who don’t want to worry about reward categories or caps. You get 1.5% cash back on every purchase. Simple, and one less thing for a harried, over-booked business owner to worry about. There is the 0% intro APR on purchases for 12 months on this card as well.

Does it Make Sense to Get Both Cards?

Yes. Neither card has an annual fee, so you could easily justify both cards. You can put all your business purchases on the American Express card until you reach the $50,000 mark, then switch to the Chase card to earn 1.5%. To get both welcome offers, you’ll need to spend $9,000 in three months, but many businesses can do that.

Approval Odds

The Blue Business® Plus Credit Card from American Express

App StatusDateCredit ScoreBureauCredit Limit
Approved04/06/2024
821
Equifax
$12,800
Approved04/06/2024
830
TransUnion
$12,800
Approved04/06/2024
841
Experian
$12,800
Denied12/11/2023
753
Not Provided
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Ink Business Preferred® Credit Card

App StatusDateCredit ScoreBureauCredit Limit
Approved03/18/2023
825
Experian
$6,000
Approved12/14/2023
783
TransUnion
$8,000
Approved12/14/2023
787
Experian
$8,000
Approved12/14/2023
791
Equifax
$8,000
Approved10/04/2023
734
TransUnion
$8,000
Approved10/04/2023
735
Equifax
$8,000
Approved10/30/2023
850
Experian
$16,000
Approved04/25/2023
662
Equifax
$4,000
Approved04/25/2023
667
TransUnion
$4,000
Approved04/25/2023
718
Experian
$4,000
Approved04/16/2023
843
Experian
$16,000
Approved01/12/2024
653
Experian
$4,000
Approved01/12/2024
672
TransUnion
$4,000
Approved01/12/2024
675
Equifax
$4,000
Denied01/12/2024
756
Experian
---
Denied01/12/2024
775
TransUnion
---

Both cards require good-to-excellent credit. Technically, business cards don’t count towards Chase’s 5/24 rule, but you must be below 5/24 to get approved for a Chase business card. American Express doesn’t have this rule, so if you are going to apply for both cards, apply for the Chase one first.

Bottom Line

Both the AmEx Business Plus and the Ink Business Unlimited offer excellent value for business owners. You can choose the one that fits your spending best, or you can apply for both. Either way, both are excellent business credit cards.