I consider the Chase Ink cards to be among the best business credit cards out there. At the moment we’re seeing some best-ever welcome bonuses on these cards, and in particular the two no annual fee cards have especially compelling new bonuses. If you don’t yet have these cards and are eligible, this is an ideal time to apply, as these are among the best credit card bonuses out there.
Chase Ink Cash & Ink Unlimited: Earn 90K points
Both the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card are offering best-ever cardmember bonuses of 90,000 points after spending $6,000 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 $900 cash back (rather than 90,000 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 exceptional 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
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 points 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
Chase Ink Premier: Earn $1,000 cash back
The New Business Card! Ink Business Premier℠ Credit Card is the newest card belonging to the Chase Ink portfolio. The $195 annual fee card doesn’t earn points, but rather earns cash back. This card is offering a bonus of $1,000 cash back after spending $10,000 within three months.
- 5% cash back on travel purchases through the Chase Travel Portal
- 2.5% cash back on purchases of $5,000 or more
- 2% cash back on all other purchases
For businesses regularly making purchases in large transactions, this is an unbeatable return on spending.
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 four cards. It’s possible to apply for all four cards, and earn the bonus on each one (personally I have all three Chase Ink cards that earn points).
The usual restrictions for Chase card applications apply, including the Chase 5/24 rule (meaning you need to be under the 5/24 limit, though applying for a Chase business card doesn’t count as a further card toward that limit).
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 prioritize?
While there’s value in having all three Chase Ink cards that earn points, 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
If it were me, I’d probably start with the Ink Business Preferred if I could reach the minimum spending. If not, I’d probably start with the Ink Business Cash or Ink Business Unlimited, especially given that the cards have new best-ever welcome offers.
The Ink Business Cash and Ink Business Unlimited are offering best-ever bonuses of 90,000 points or $900 cash back, making this an ideal time to apply for these cards. I don’t ever recall seeing this amazing of a bonus on a no annual fee card. Meanwhile the Ink Business Preferred is continuing to offer 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 these up, as you can earn 280K 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 that earn points, and they’re a vital part of my Chase credit card strategy.
Meanwhile for someone looking to earn cash back, the Ink Business Premier is an excellent card for business spending.
Have you picked up any Chase Ink cards with the huge current bonuses?