How & Why To Get All Three Chase Ink Credit Cards

Filed Under: Business, Chase
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I’d argue that the best portfolio of business cards out there is Chase’s “Ink” cards. This includes the following three excellent business credit cards:

The best part about these three cards is that they’re complementary rather than substitutes, so you can really maximize your rewards by having all three cards (as I do).

Personally, I’ve had the Ink Cash for years, and picked up the Ink Preferred and Ink Unlimited last year. One common question from people is how they can acquire all three of these cards, so I wanted to share the approach I recommend in this post.

Chase Ink Card basics

Here are the basic details of Chase’s three Ink Cards:

FeesEarnings Rates

Ink Business Unlimited℠ Credit Card

Forex Fee:
3% of each transaction in U.S. dollars

Annual Fee
• 1.5x points per dollar spent

Ink Business Cash℠ Credit Card

Forex Fee:
3% of each transaction in U.S. dollars

Annual Fee
• 5x points on the first $25,000 of combined purchases per cardmember year on office supply stores, internet, cable TV, mobile phones, and landlines
• 2x points on the first $25,000 of combined purchases per cardmember year on restaurants and gas stations
• 1x on all other card purchases

Ink Business Preferred℠ Credit Card

Forex Fee:

Annual Fee
• 3x points on the first $150,000 of combined purchases per cardmember year on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines
• 1x on all other card purchases

How much are Chase Ink points worth?

Assuming you have the Ink Business Preferred℠ Credit Card, then all the points you earn on these three cards could be redeemed in one of two ways.

One option is that they could be redeemed for 1.25 cents each towards the cost of a travel purchase. If you have the Chase Sapphire Reserve® Card (review), then all the points you earn could be redeemed for 1.5 cents each towards the cost of a travel purchase.

The second choice is that you can convert these points into airline miles or hotel points, using one of the Ultimate Rewards transfer partners, which are as follows:

Aer Lingus Aer ClubIHG Rewards Club
Air France/KLM Flying BlueMarriott Bonvoy
British Airways Executive ClubWorld Of Hyatt
Iberia Plus
JetBlue TrueBlue
Singapore KrisFlyer
Southwest Airlines Rapid Rewards
United MileagePlus
Virgin Atlantic Flying Club

If you don’t have either the Ink Business Preferred, Sapphire Reserve, or Sapphire Preferred, then points earned on the Ink Cash and Ink Unlimited can only be redeemed for a penny each, which isn’t nearly as good.

Transfer Ultimate Rewards points for redemptions in Etihad’s A380 first class!

What are the restrictions on applying for Chase business cards?

Before we talk about the specific strategy that’s best for applying for these cards, here are some general things to be aware of:

  • There’s no hard limit on how many Chase credit cards you can be approved for, but rather there’s often a maximum amount of credit they’re willing to extend you, in which case you may be asked to switch around your credit limits on some cards in order to facilitate an approval
  • While you can typically be approved for up to two Chase cards in a 30 day period, that doesn’t usually work when both are business cards; you typically want to wait at least 30 days between business credit card applications to be on the safe side, though there are mixed reports (some people don’t have to wait that long, others have to wait longer)
  • You won’t be approved for Chase credit cards if you’ve opened five or more new card accounts in the past 24 months (known as the “5/24” rule); the good news is that when you’re approved for a Chase business credit card, that application shouldn’t count towards the 5/24 limit, given that it won’t show up on your personal credit report
  • You can have each of the three different Ink Cards, so if you have the Ink Business Preferred you’re still eligible for the Ink Business Cash and Ink Business Unlimited

Talk about a killer card combination!

How can you get approved for all three Chase Ink Cards?

If your goal is to be approved for all three Ink cards, your best strategy is “slow and steady,” as they say. I’d recommend applying for the cards a bit over 30 days apart, at the absolute fastest. If you apply for the first card on day one, apply for the second card on day 35 (or so), and then the last one day 70 (or so). Or maybe wait even longer between applications.

If it were me, I’d definitely recommend making the Ink Business Preferred℠ Credit Card one of the first cards you apply for. The card has great bonus categories, an excellent cell phone protection plan, and having that card lets you transfer all your points to airline and hotel partners.

Then you have to decide whether the Ink Business Unlimited℠ Credit Card or Ink Business Cash℠ Credit Card is a better option for you as the second card to apply for. If it were me, I’d probably apply for the Ink Business Unlimited, given that it offers 1.5x points on all purchases, so nicely balances the 3x points categories on the Ink Business Preferred.

I’d note that while this is how it’s supposed to work, Chase also sometimes has limits on how much credit they’ll give someone, so it’s totally possible that they’ll approve you for two of these, but not the third. Everyone’s situation will vary.

How should you fill out a Chase business credit card application?

Those who already have business credit cards are probably familiar with the application process, but for those who aren’t, here’s what you need to know.

Chase is definitely the toughest issuer when it comes to approving business cards, though even a sole proprietorship should be eligible. You could be eligible for a business card if you have a business selling things online, have a rental property, do freelance work, etc.

When applying for a Chase business card, you’ll be asked the following questions, in addition to the typical personal questions about your income, social security number, etc.:

  • Legal name of business
  • Business mailing address & phone number
  • Type of business
  • Tax identification number
  • Number of employees
  • Annual business revenue/sales
  • Years in business

If you’re a sole proprietorship, how should you approach this? First of all, and most importantly, answer everything truthfully. I think the concern that a lot of people have is that they think they need an incorporated business, a separate office, etc., in order to be considered for a business card. That’s not the case:

  • You can use your name as the legal name of your business
  • The business mailing address and phone number can be the same as your personal address and phone number
  • If you’re a sole proprietorship, you can select that as your type of business
  • For the tax identification number, you can put your social security number if you don’t have a tax ID
  • For number of employees, saying just one is perfectly fine
  • For your annual business revenue, there’s nothing wrong with saying zero, or whatever the amount is
  • For years in business, there’s no shame in saying that it’s new, that it has been 1-2 years, etc.

Bottom line

Having the Ink Business Unlimited℠ Credit CardInk Business Cash℠ Credit Card, and Ink Business Preferred℠ Credit Card, is an incredible card combination. They can help you maximize your return on everyday business spending thanks to the great bonus categories they offer. The Ink Preferred even has a great cell phone protection plan.

Getting all three of these cards is possible, it just takes some patience.

Learn everything you need to know about Chase Ultimate Rewards cards, learn about the best Chase credit cards for travel rewards.

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
  1. I was really surprised when I applied for two of them on Friday they put my application in a pending decision request. They called me today and asked about 20 questions concerning my business. In all my years of rotating cards, I have never had a call with an underwriter. They even asked why I needed two separate cards. I wonder if this is new?

  2. I got all three within your recommended timeline. Applied and got approved for the Cash at the end of April, then about 7 weeks later the Unlimited, and the Preferred just a week ago (also 7 weeks after the Ink Unlimited).

  3. SW
    After 5 years of having a Radison Bus. I had to show a Tax payer ID I’m a SP so I don’t have one . More Picky now so b careful .

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