Ink Business Unlimited℠ Credit Card

Advertiser & Editorial Disclosure

The card is just one of three cards in the Chase Ink Business collection. With this card, business owners gain access to cash back rewards without complicated earning tiers, a annual fee, a generous welcome offer. While this card may be a welcome option for business owners that may not… Continue

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Great for Everyday Business Spending

Ink Business Unlimited℠ Credit Card

Intro APR 0% Intro APR on Purchases for 12 months
Annual Fee $0

Rates and Fees

Terms, Rates & Fees

Intro APR 0% Intro APR on Purchases for 12 months
Purchase APR 15.49% - 21.49% Variable
Annual Fee $0
Welcome Offer Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening.
Rewards Rate Earn unlimited 1.5% cash back on every purchase.

Details

  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • 0% introductory APR for 12 months on purchases
  • Employee cards at no additional cost
  • No Annual Fee

Nav's Verdict

Bottom Line A great option to use for everyday business spending.

The Ink Business Unlimited℠ Credit Card card is just one of three cards in the Chase Ink Business collection. With this card, business owners gain access to cash back rewards without complicated earning tiers, a $0 annual fee, a generous welcome offer.

While this card may be a welcome option for business owners that may not have the time or spending habits to merit more complex rewards programs, if you spend a significant amount on business expenses, like office supplies, phone services, or dining out, you may want to consider the Ink Business Unlimited℠ Credit Card.

Card Review Details

Before you apply for your next business card, take some time to review your options to determine the best card for your spending habits and rewards program preferences. With the right amount of comparison shopping, you’ll be able to secure a card that’s fit with your unique needs.

With a simple, unlimited cash back rewards program, the Ink Business Unlimited℠ Credit Card card offers an umbrella approach to rewards. This can be great for borrowers with eclectic spending needs that fall outside of typical business categories.

Another perk associated with this card is the existing intro offer, which will allow new cardholders o take advantage of 0% Intro APR on Purchases for 12 months. Plus, with a $0 annual fee, this card can be a more affordable option when compared to other cards, including the Ink Business Preferred℠ Credit Card, which carries a $95 annual fee. This is particularly true if you don’t anticipate using it enough to merit an annual fee.

Despite some benefits, this card may not be ideal for business owners that frequently travel and spend abroad as it does carry a  foreign transaction fee of 3% of each transaction in U.S. dollars. And, as mentioned above, if you want to maximize spending in certain business categories, like travel or supplies, then you may want to consider another card, like the The Business Platinum® Card from American Express or Chase’s premium business card, the Ink Business Preferred℠ Credit Card.

Ink Business Unlimited℠ Credit Card vs Ink Business Cash℠ Credit Card — Which is better?

Ink Business Unlimited℠ Credit Card and Ink Business Cash℠ Credit Card each share a lot of benefits, including a cash back offer, no annual fee, and an introductory APR offer.

However, the two offer different rewards programs, a detail that can make the Ink Business Cash℠ Credit Card card better for some business owners. While the Ink Business Unlimited℠ Credit Card card offers a flat cash back rate, the Ink Business Cash℠ Credit Card card utilizes the following tiered cash back rewards program:

  • 5% back on select business purchases (office supplies, telephone services, etc.)
  • 2% back at restaurants and gas stations
  • 1% back on all other purchases.

For borrowers who spend a lot of the top two earning categories, the Ink Business Cash℠ Credit Card may be a better option. This is particularly true when other important factors, like welcome offers, interest rates, and annual fees, are equal.

What are the Ink Business Unlimited℠ Credit Card approval odds?

As with any credit card, business or personal, the odds of approval depends on a variety of factors, including the applicant’s credit score; the number of times they’ve applied for a credit card within a certain period of time; and their overall creditworthiness as indicated by their credit history, existing debt, and current income.

Generally, Chase typically looks for candidates who have not applied for more than five cards within the last 24 months — the 5/24 rule — and who have a good to excellent credit score.

What are the Ink Business Unlimited℠ Credit Card credit score requirements?

Though Chase does not release specific credit score requirements, approved applicants typically have good to excellent credit.

If you’re concerned about your credit score, there are a variety of ways you can improve your score and approval odds

Are there any Ink Business Unlimited℠ Credit Card foreign transaction fees?

Yes, the Ink Business Unlimited℠ Credit Card card does carry a foreign transaction fee of 3% of each transaction in U.S. dollars. If a foreign transaction fee is a deal breaker, you may want to consider one of these business credit cards.

What is the Ink Business Unlimited℠ Credit Card 5/24 policy?

Over the last few years, news spread about otherwise creditworthy applicants being denied after applying for Chase credit cards. And, as it turns out, this wasn’t a fluke. Chase has implemented what is now known as the Chase 5/24 rule.

Under this new policy, cardholders who open more than five new credit card accounts within a 24 month period will not be approved for a new Chase card. It’s also important to note that this policy isn’t specific to only Chase card accounts; instead, it takes into consideration any new credit card account, Chase or otherwise.

Is the Ink Business Unlimited℠ Credit Card right for you?

Chase offers a variety of solid business credit cards. Could one of them be a better choice for you than the Ink Business Unlimited℠ Credit Card?

For a potentially lower interest rate and a percentage-based rewards system, the Ink Business Cash℠ Credit Card could be a better option. Earn 5% cash back in select business categories. Enjoy 0% Intro APR on Purchases for 12 months15.49% - 21.49% Variable after that.

For a steady rewards rate, the Ink Business Preferred℠ Credit Card could be for you. Earn 3 points per $1 in select business categories. Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

If you’re a frequent flyer looking for airline rewards, Chase’s Southwest Rapid Rewards® Premier Business Credit Card might be worth a look. Earn 2 points per $1 spent on Southwest® purchases. Earn 60,000 points after you spend $3,000 on purchases in the first 3 months your account is open.

Ink Business Unlimited℠ Credit Card Reddit Reviews

Here’s what Reddit users had to say about the Chase Ink Business Unlimited;

“If you like Chase UR, it’s the card you use for all those purchases that you can’t get a category bonus from.”

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About Author

Jennifer Lobb

Jennifer Lobb

Jennifer is a alum of the University of Denver. While in the graduate program there, she enjoyed spending time identifying ways in which non-profits and small businesses could develop into strong and profitable organizations that while promoting strong community growth. She also enjoys finding unique ways for freelancers and start-up businesses to reach and expand their goals.