In conjunction with a card like the Chase Sapphire Reserve® Card, points earned on an Ink Business card can be converted into Ultimate Rewards points that can be redeemed for 1.5 cents each towards a travel purchase, or be transferred to an airline or hotel partner.
Keep in mind that you’re eligible for this card even if you have the Ink Business Preferred® Credit Card, and that even sole proprietorships are eligible for the welcome bonus on this card, so you don’t need an incorporated business to apply.
I’ve written in a separate post about how to fill out the applications for Chase business cards, which should hopefully be useful for anyone who hasn’t applied for a Chase business card before.
Anyway, on a recent post about the Ink Business Cash® Credit Card, reader Robert left the following comment, which I figure is worth passing on:
Applied for the card and was denied. In the past this issue hasn’t affected me but you need to note it. According to the lending dept at Chase, for sole proprietorship, the business name MUST match the cardholder’s name. Amusing that I’ve been previously approved for the Ink Biz Preferred card with mis-matched names and now they restrict it. I was instructed by the lending dept to submit a new application, same pending result. Called the lending group back again, this time the CSR seemed to actually know what he was talking about, he told me the new app was not necessary and that he’d just change the biz name on the first one, he got it approved. Then next hassle was calling the regular support line and getting the new card expedited. All done except that these delays prevented some actual biz purchases I needed to make 🙁 Chase really knows how to make things difficult…
I’ve always recommended that if you have a sole proprietorship just using your name as the business name, though I wasn’t aware this is a strict requirement, though it seems like it is. So if you are applying for a Chase business card as a sole proprietorship, make sure that the applicant’s name and the business name match exactly.
If you’ve applied for the Ink Business Cash, what was your experience like?