InkSM Classic Business – Up to 25,000 Bonus Points
Sponsored Card
- Minimum Credit Required:
Excellent - Annual Fee:
None - Network: MasterCard
| Initial Bonus |
Base Earn |
Max Earn |
Earn / Redeem Limit |
- Up to 25,000 bonus points – 10,000 bonus points after your first purchase, plus an additional 15,000 bonus points after you spend $5,000 in the first 3 months!
- 5 Points on the first $25,000 in spend annually on office supply stores, wireless services, landline communication and cable services (including bundled services like combined TV, high-speed internet access and phone).
- 2 points per dollar on the first $25,000 spent annually at gas stations and for hotel accommodations when purchased directly with the hotel.
- 1 point per dollar on all other card purchases with no limit on the amount you can earn.
- Redeem points for travel, experiences, gift cards, merchandise, and more; rewards never expire.
| Intro Rate |
Intro Period |
Regular Rate |
| Intro Rate0% | Intro Period12 months | Regular Rate10.24% (V) | Balance Transfer Fee |
| Cash Advance Rate |
Cash Advance Fee |
- Set individual spending limits in real-time for each employee card.
- Free employee cards so you can earn rewards faster.
- Customized alerts to track spending.
- Max Late Fee:
$39 - Max Overlimit Fee:
N/A - Max Penalty APR:
29.99% (V)
- Grace Period:
20 days - Online Response:
No - Foreign Transaction Fee:
3%
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The card information shown on this page was last updated: May 23rd, 2012 at 3:33 EDT
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Ink Classic kinda sounds like it could be a tattoo parlor, huh? At any rate, Ink is the branding Chase uses for its business credit cards, and one would think that the Ink Classic would be sort of the flagship, “where it all started” type offer. This Ink Classic Business Credit Card from Chase offers up to 25,000 bonus points – 15,000 after your first purchase and 10k after you spend $5,000 in the first three months. It gives you five points per dollar on the first $25k you spend on office supplies, wireless services, landlines, and cable each year. There’s also 2 points/$1 on the first 25k you spend on fuel and dining each year and 1 point/$1 spent on everything else. The Ink Classic Business Credit Card doesn’t have an annual fee either and offers 0% on both purchases and balance transfers for 6 months. The Ink Classic is therefore a competitive rewards business credit card that you can use for both funding and everyday expenses for the first six months. You should not carry a balance on a Chase business credit card otherwise though because business credit cards do not have CARD Act protection, which means your issuer can change your interest rate at any time for any reason. If you open the Ink Classic for Business Credit Card, I’d also get one of Citi’s 0% personal credit cards to use for funding purposes since Citi has three different cards offering 0% on purchases and transfers for 21 months and personal credit cards do not increase a small business owner’s personal liability, interestingly enough. This advice would hold true with pretty much any business credit card you get for everyday spending, and I would recommend looking around a bit before ultimately deciding on the Ink Classic. The Capital One Spark Cash for Business is a good option as well since it offers 2% cash back across all purchases. In addition, the Chase Ink Bold has a very attractive initial bonus (twice as large as the Ink Classic’s), and even though it’s a charge card, it’s a good choice since you should be paying for in full for your everyday expenses anyway.