Chase Ink Business Credit Card Review

Chase is currently offering some great sign-up bonuses and ongoing rewards on its Ink line of  business credit cards. These cards can be a good option for small business owners anyway, but these deals are making it even better.

Chase Ink cards come in three flavors. Two of them pay rewards in cash, one in points. Two have no annual fee, one does. As with anything, you get what you pay for. The Chase Ink with an annual fee offers the highest sign-up bonus and phenomenal ongoing rewards.

Chase Ink Credit Cards

Here’s are the details:

Chase Ink Business Preferred Credit Card

First up is the Chase Ink Business Preferred Credit Card, which offers the highest signup bonus of the three Chase business credit cards. You can earn 80,000 bonus points, which is worth $1,000 in travel rewards when redeemed through Chase Ultimate Rewards.

Chase Ink Business Preferred Credit Card

Chase Ink Business Preferred Credit Card
  • Signup Bonus: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
  • Bonus Points worth $1,000 toward travel redeemed through Chase Ultimate Rewards®
  • 3X Points Reward: Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • 1X Points Reward: 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
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

Click here to learn more about the Chase Ink Business Preferred Credit Card and similar credit cards.


Chase Ink Business Cash Credit Card

The Chase Ink Business Cash Credit Card combines a generous signup bonus with up to 5% cash back.

Chase Ink Business Cash Credit Card

Chase Ink Business Cash Credit Card
  • Signup Bonus: Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • 5% Rewards: 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
  • 2% Rewards: Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • 1% Rewards: Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • Intro APR: 0% introductory APR for 12 months on purchases and balance transfers
  • No Annual Fee

Click here to learn more about the Chase Ink Business Cash Credit Card and similar credit cards.


Chase Ink Business Unlimited

The third option is ideal for those looking for a solid card with simple rewards. The Chase Ink Business Unlimited offers a $500 bonus, 1.5% cash back, and a 0% APR introductory rate.

Chase Ink Business Unlimited

Chase Ink Business Unlimited
  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months
  • Earn unlimited 1.5% cash back on every purchase
  • 0% introductory APR for 12 months on purchases and balance transfers
  • No Annual Fee

Click here to learn more about the Chase Ink Business Unlimited and similar credit cards.

So which of these offers is best for you? That depends on what you need.

If you’ll spend $5,000 within three months, the Ink Business card will give you a better deal with the 80,000 bonus points. Use the Chase Ultimate Rewards portal to book travel with those points, and you’ll essentially break even on almost 8 more years of annual fees.

If you’re not sure how often you’ll use the card, or don’t plan to spend that much off the bat, the Ink Cash is probably your better option. You’ll still earn the same cash back, but you won’t have to worry about that $95 fee from year 2 onward.

Either way, if you’re in the market for a business credit card right now, both of these Chase offers are worth checking out.

5 Things to Know About Getting a Chase Ink Retention Offer

If you’re a frequent user of your Chase Ink credit card, and you’re a customer in good standing, you may be able to get a retention offer from Chase. Retention offers are less valuable than they used to be, but they can still be a good way to get bonus points with your credit card – especially if you’re seriously considering switching cards, anyway. Before you call Chase, though, understand these 5 things about your typical Chase Ink retention offer:

Business Credit Cards Chase.com

1. It’s probably dependent on spending

It used to be that banks would periodically offer customers retention offers. Or they might just give you bonus points for threatening to cancel your card. Once you got the points, you could cancel the account, anyway.

But it didn’t take long for banks to catch on to this strategy. So most retention offers today are spending-dependent – just like many bonus offers.

Some sources, including RunningwithMiles and Fishing4Deals have noted that Chase typically offers around 10,000 bonus points for something like $5,000 of spending over 90 days.

Bottom line: if you aren’t willing to spend, you probably won’t qualify for a bonus offer.

2. You should call after you get hit with the annual fee

You might try to call Chase before you’re charged that year’s annual fee. After all, the goal is to avoid the fee. You can always threaten to drop the card if they don’t give you a decent retention offer.

But you’ll probably get better results if you call after the annual fee has hit your account. Chase may agree to refund part of the fee, or may give you rewards that will wind up canceling out the fee all together. But you’ll have more luck if you call just after the fee hits, instead of before.

3. What you see is probably what you get

Bloggers familiar with this territory note that with Chase, the customer service reps are given an offer that they can offer you, and that’s that. You may be able to escalate the call to a supervisor, but chances are that the first deal you’re offered is the best deal you’ll get. It never hurts to ask, but it’s good to know this going in.

4. Your offers may vary

The offers you get on your Chase Ink card will vary, depending on how much you’ve spent, your current balance, and more. If you spend a lot of money on this card, you could get a really great offer. Spend a moderate amount, and you probably won’t get as many bonus points or as big a statement credit.

5. It’s not necessary to threaten to cancel the card

It may seem like a good idea to threaten to cancel your Chase Ink card if you don’t get a good retention offer. But this probably won’t do you any good. Instead, just be honest with the representative.

If you really are considering canceling the card because of its relatively high fees, then say so. But if you just want to see if you can get a good deal, say that, too. The offer that’s attached to your account should pop up the same either way, and could save you some money whether you’re ready to cancel your account or not.

Before you call, do some consideration on your part. Is the Chase Ink card right for you at the moment? Are the everyday rewards attached to your card enough? If so, just ask for a retention offer. If not, consider shopping around for another business card that might have a great introductory deal for you.