The
Ink Business Unlimited® Credit Card from Chase is an elite business credit card for everyday cash back rewards, offering
1.5% cash back on all purchases along with a
$0 annual fee. There’s also a
$750 bonus for spending
$6,000 in the first
3 months after opening an account. If those rewards sound appealing and your credit score is at least 700, Chase Ink Business Unlimited might just be the right card for you. It’s meant for small business owners with good or excellent credit, personally, and we recommend 700+ for decent approval odds.
Chase Ink Business Unlimited also has some early financing appeal, giving the introductory APR of
0% for 12 months on new purchases. However, Ink Business Unlimited’s high regular APR means it’s not the card for carrying a balance from month to month under normal circumstances. It’s not the best card for international spending, either, with a foreign transaction fee of
3% of each transaction in U.S. dollars.
Below, you can learn more about what Chase’s Unlimited Ink business credit card offers, how it compares to other top cards, and who should get it.
Chase Ink Business Unlimited Review Highlights - $750 Initial Bonus. Spending $6,000 within 3 months of opening an account gets you this bonus. The average cash bonus is $228.
- Unlimited Cash Back. All purchases yield 1.5% cash back with the Chase Ink Business Unlimited Card. And true to its name, there’s no limit to the amount you can earn.
- No Annual Fee. The Ink Unlimited Card’s $0 annual fee makes it $22.29 per year cheaper than the average credit card. It also means you have the freedom not to use it if you don’t want to. It could even be one business credit card among several in your wallet.
- Free Employee Cards. You can get an unlimited number of free cards for employees and set custom limits for each. All the rewards from employee cards go back to the business, too.
- 0% Introductory APR. Offering 0% for 12 months on new purchases, Ink Business Unlimited is interest-free the same period of time as the average offer. Other cards offer 0% on purchases for about 11 months on average.
- High Balance Transfer Fee. Ink Business Unlimited is better for new purchases than balance transfers, thanks to this fee equal to 5% (min. $5) of what you transfer.
- High Regular APR. Ink Unlimited’s regular rate is 18.49% - 24.49% (V), depending on your overall creditworthiness. Even the low end – reserved for people with pristine credit, lots of income and little debt – is far from ideal. So it’s best to pay your monthly bills in full when promotional financing terms are not in effect.
- Foreign Fee. Ink Unlimited charges 3% of each transaction in U.S. dollars. You may want to pair Ink Unlimited with a no foreign transaction fee business credit card for international travel as well as orders made online or by phone through foreign suppliers.
- $3K+ Credit Limit. The Ink Unlimited Card’s minimum credit limit is $3,000 for all approved applicants, but even your starting limit could be a lot higher. Chase may need to contact you for more information if a limit of $25,000 or higher is potentially in the cards.
- Assorted Secondary Benefits. In addition to $0 liability for unauthorized transactions, Ink Unlimited provides perks such as complimentary rental car insurance and extended warranty protection. It has several travel-oriented benefits, too.
- Approval Requirements Get Personal: Like all other major business credit cards, Chase Ink Unlimited’s underwriting focuses at least as much on the applicant’s personal credit history and finances as his or her company’s. We recommend that applicants have a personal credit score of 700 or higher – 750+ for the best approval odds.
If you’re still undecided about Ink Business Unlimited, you can
check your latest credit score for free on WalletHub to get a feel for your chances of approval. You can also compare the offer to the rest of the
best business credit cards to confirm Ink Unlimited is the right card for you.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.