A couple of weeks ago Chase introduced the new Ink Business Unlimited℠ Credit Card, which has a welcome bonus of 50,000 points upon completing minimum spend, offers 1.5x points on all purchases, and has no annual fee.
This joins the Ink Business Cash℠ Credit Card and Ink Business Preferred® Credit Card, which are Chase’s two other excellent Ink Cards. What makes these cards so great is that they’re really all complements rather than substitutes, so I think there’s merit to getting all three cards if you can.
I’ve recently been trying to help my dad optimize his credit card portfolio, including both personal and business cards. My dad hadn’t applied for a new credit card in over two years, and really wasn’t maximizing rewards on his spend. Fortunately his credit card situation is much better now.
Up until recently my dad’s only Chase business card was the Ink Business Cash℠ Credit Card. He has had this card for years, and used it quite a bit. However, given the excellent benefits and return on spend offered by the Ink Business Preferred® Credit Card, he applied for that card a couple of months back as well, and was approved.
Now with the introduction of the Ink Business Unlimited℠ Credit Card, I figured he should pick that up as well. The card would be his go-to credit card for non-bonused business spend, and there’s little downside to having it given that it has no annual fee.
A lot of people have been curious about how practical it is to actually have all three Ink Cards at once. So last Wednesday my dad applied for the Ink Business Unlimited, and as usual he got the “thank you for your request” message. In my experience instant approvals on Chase business cards are quite rare.
This is exactly the same thing that happened when he applied for the Ink Business Preferred. I was wondering if he’d end up being automatically approved, given that he has substantial credit lines on both of his other Chase business cards, and I imagine they’re only willing to extend him so much credit.
My dad didn’t call in, but rather we’ve just been monitoring the status of the application. Chase doesn’t really let you directly check application status online, so the best way to check if you’re approved for a card is to just log into your Chase account and see if the card eventually shows up.
Sure enough, yesterday it finally showed up, with a $10,000 credit limit.
So yes, it’s very much possible to be approved for all three Chase Ink Cards, and they’re a killer combination.
Does anyone else have all three Chase Ink Cards (the Cash, Preferred, and Unlimited)?