In May we saw Chase introduce the new Ink Business UnlimitedSM Credit Card, which is a compelling new no annual fee card that’s rewarding for everyday spend, has a great welcome bonus, and also offers useful perks.
The new Ink Business Unlimited offers 1.5x points per dollar spent, with no limit to how many points you can earn. In conjunction with a card earning Ultimate Rewards points (like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Ink Business Preferred), you can convert these points into Ultimate Rewards points that can be transferred to airline or hotel partners.
The three Ink Business Cards have phenomenal welcome bonuses, which I’d consider to be the best out there by different metrics:
- The Ink Business Preferred offers 80,000 Ultimate Rewards points after spending $5,000 within three months, which I consider to be the single best welcome bonus of any credit card out there; I value those points at $1,360
- The Ink Business Cash and Ink Business Unlimited each offer 50,000 points after spending $3,000 within three months, which I consider to be the best welcome bonuses of any no annual fee credit cards; I value those points at $850
Anyway, if you’ve been considering picking up any or multiple of these cards, it could make sense to apply for the Ink Business Unlimited first. Doctor Of Credit notes that Chase is sending out emails regarding the card indicating that the welcome bonus ends on September 20, 2018. I haven’t seen official public communication about this, though to me this would be a reason to apply for the Unlimited first, ahead of the Cash or Preferred, assuming you were hoping to pick up multiple of these cards.
I consider the Ink Unlimited to be the single most rewarding card for everyday, non-bonused business spend without any caps on how many points you can earn. Add in the excellent welcome bonus, lack of an annual fee, primary car rental coverage, and more, and this really is a spectacular card.
For more on the process of getting approved for a Chase business card as a sole proprietorship, see this post.