I consider the three Chase Ink cards to be among the best business credit cards out there. For quite a while now, all three of these cards have been offering best-ever publicly available welcome bonuses, which I consider to be among the best credit card bonuses out there.
Chase Ink Cash & Ink Unlimited: Earn 75K points
Both the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card are offering new cardmember bonuses of 75,000 points after spending $7,500 within three months. These are incredible bonuses, especially when you consider that both of these cards have no annual fees.
You’ll see these bonuses are marketed as offering $750 cash back (rather than 75,000 points). And indeed, you could redeem the rewards as cash back. However, if you have either card in conjunction with a card earning Ultimate Rewards points, like the Chase Sapphire Preferred® Card (review) or Chase Sapphire Reserve® Card (review), then rewards can be converted into Ultimate Rewards points at a rate of one cent per point. Since I value Ultimate Rewards points at 1.7 cents each, that increases the value of the points by 70% right there, by my valuation.
If you don’t yet have either of the no annual fee Chase Ink cards, there are good reasons to consider applying. Beyond the excellent welcome bonus, the cards also offer a great return on spending.
- 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 points on all other card purchases
- 1.5x points on all purchases, making it one of the best cards for everyday spending
On top of that, the cards offer excellent rental car coverage.
Chase Ink Preferred: Earn 100K points
It’s not just the two no annual fee Chase Ink cards offering incredible bonuses, but also the most premium of the trio of cards, which is the $95 annual fee Ink Business Preferred® Credit Card. That card is offering a new cardmember bonus of 100,000 Chase Ultimate Rewards points after spending $15,000 within three months.
- 3x points on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines; you can earn 3x points on up to $150,000 worth of combined purchases per cardmember year
- 1x points on all other purchases
You’re eligible for bonuses on all Chase Ink cards
If you’re trying to decide which Chase Ink card to apply for, the good news is that you’re eligible for the bonuses on all three cards. It’s possible to apply for all three cards, and earn the bonus on each one (that’s exactly what I did). The usual restrictions for Chase card applications apply, including the Chase 5/24 rule.
See this post for tips on applying for Chase Ink cards. In general I’d recommend waiting about a month between card applications.
Which Chase Ink card should you prioritze?
While there’s value in having all three Chase Ink cards, how should you prioritize the applications? I don’t think there’s a right or wrong answer, though I do have a few thoughts:
- Consider how much of the minimum spending you’d be able to complete, since the Ink Cash and Ink Unlimited have half the spending requirement of the Ink Preferred
- Consider if you have one the Chase Ultimate Rewards “hub” cards yet, which allow you to maximize your points, including the Sapphire Preferred or Sapphire Reserve; if not, I’d get the Ink Preferred first, since it allows you to immediately transfer points to Chase’s partners
- Consider the Ink Cash if you value the 5x points bonus categories, while you should consider the Ink Unlimited if you’re considering a great card for everyday spending
The Ink Business Cash and Ink Business Unlimited are offering best-ever bonuses of 75,000 points or $750 cash back, while the Ink Business Preferred is offering a best-ever bonus of 100,000 points. These are all incredible bonuses on some of the most valuable business cards out there.
If you don’t have any of these cards and are eligible, I’d highly recommend picking the up, as you can earn 250K bonus points, not to mention you can really maximize your business spending in the long run. These aren’t just cards you get for the bonuses, but they’re cards you’ll want to keep. That’s why I have all three of these cards, and they’re a vital part of my Chase credit card strategy.
Have you picked up any Chase Ink cards with the huge current bonuses?