Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page.
For a limited time, new Chase Ink Cash and Ink Business Unlimited cardholders can earn a massive $900 welcome bonus.
Chase; Rachel Mendelson/Insider
The Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card are offering extraordinary new limited-time welcome bonuses of Ink Business Cash® Credit Card.
Chase Ink credit cards are already some of the most valuable business cards on the market, especially because neither charge an annual fee.
Despite being framed as cash-back credit cards, the Ink Business Unlimited® Credit Card and the Ink Business Cash® Credit Card actually earn valuable Chase Ultimate Rewards points.
Check out Insider’s guide to the best cash-back business cards.
If you thought the most recent offers on Chase’s no-annual-fee Ink Business cards were good, these new ones hit it out of the park. Chase Ink Business credit cards are well known as some of the most valuable no-annual-fee business credit cards on the market, and they just got a huge upgrade, but only for a limited time.
Both the Ink Business Unlimited® Credit Card and the Ink Business Cash® Credit Card are currently offering a whopping Ink Business Cash® Credit Card. These are the highest public welcome bonuses ever offered on these cards, and are $150 more than the previous welcome bonus with a lower minimum spending requirement. The previous offer was $750 after spending $7,500 in purchases in the first three months of account opening.
However, $6,000 is still a pretty high spending threshold (around $2,000 per month) and might not be reasonably accessible for everyone. Before applying for either one of the cards, analyze your monthly expenses and make sure it’s in your budget.
Otherwise, if you’ve previously contemplated opening the Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card, now is the perfect time to apply.
Here’s how to get the most value out of the elevated bonus offers on the Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card.
We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Chase Ink Business Unlimited and Chase Ink Business Cash: Earn a $900 bonus (90,000 Ultimate Rewards points)
The Ink Business Unlimited® Credit Card and the Ink Business Cash® Credit Card offer the same redemption options and, despite being marketed as cash-back cards, technically earn Chase Ultimate Rewards® points. That means the welcome bonus offer of Ink Business Cash® Credit Card is actually 90,000 Chase points.
You can redeem those points for cash back, travel booked through Chase, or gift cards at a rate of 1 cent each, which is a good deal already. However, there’s a way to get more from your rewards if you also have an annual-fee Chase credit card, like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or the Ink Business Preferred® Credit Card.
When you transfer points from your Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card account to one of the annual-fee cards mentioned above, you’ll get more valuable redemption options, including the ability to transfer points to Chase’s airline and hotel partners.
That’s typically the most valuable way to redeem Chase Ultimate Rewards points (worth an average of 1.8 cents each, based on Insider’s valuation of Chase points), making this 90,000-point bonus potentially worth Ink Business Unlimited® Credit Card in travel. You can also use your points to book travel through the Chase Travel Portal for hotel, airfare, vacation rentals, car rentals, and more (worth 1.25 cents each when you have the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, and 1.5 cents each with the Chase Sapphire Reserve®).
Chase Ultimate Rewards transfer partners
Aer Lingus AerClubAir Canada AeroplanAir France-KLM Flying BlueBritish Airways Executive ClubEmirates SkywardsIberia PlusJetBlue TrueBlueSingapore Airlines KrisFlyerSouthwest Airlines Rapid RewardsUnited MileagePlusVirgin Atlantic Flying ClubIHG Rewards ClubMarriott BonvoyWorld of Hyatt
Keep in mind that the actual value of your points will vary based on where and when you travel, as well as which transfer partner you choose.
If you’re not interested in using your bonus to travel, you can still get good value (1 cent per point) when redeeming Chase Ultimate Reward points as cash back, statement credits, direct deposits, gift cards, and Apple products through Ultimate Rewards.
You’ll get the least amount of value for your points when you redeem for purchases on Amazon or PayPal (0.8 cents per point). This is a poor return considering your other redemption options.
What Chase Ink Business card is right for you?
The Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card are both no-annual-fee cards offering the same limited-time welcome bonus of Ink Business Cash® Credit Card, as well as similar card benefits (such as primary car rental insurance when renting for business purchases, extended warranty, purchase protection, and roadside dispatch).
Both the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card come with a Ink Business Cash® Credit Card (then a Ink Business Cash® Credit Card APR). That’s a great deal for saving on interest if you have expenses coming up you want to pay for over time.
However, how they earn rewards is completely different. Finding the best Ink Business card for your business depends on how you spend. The Ink Business Cash® Credit Card is best for small businesses that frequently spend in the card’s bonus categories.
The Ink Business Cash® Credit Card earns:
5% back (5x points) at office supply stores and on internet, cable, and phone services up to the first $25,000 spent in combined purchases each account anniversary year (then 1%)2% back (2x points) at gas stations and restaurants on the first $25,000 spent in combined purchases each account anniversary year (then 1%)1% cash back (1x points) on all other purchases
On the other hand, if you’d prefer to earn straightforward rewards on all purchases with no category restrictions, then you should consider the Ink Business Unlimited® Credit Card instead. It earns flat-rate 1.5% cash back (1.5x points) on all purchases with no caps. This is an especially handy card for businesses that have shifting expenses in different categories.
Chase Ink Cash vs Ink Unlimited: Side-by-side comparison
If you’re having trouble deciding between the Chase Ink cards, be sure to check out our comparison of the Chase Ink Business Cash and Ink Business Unlimited for a closer look at each card’s features and benefits.
Here’s a side-by-side comparison to help you narrow down your best option:
Ink Business Cash® Credit Card
Ink Business Unlimited℠ Credit Card
Annual fee
Ink Business Cash® Credit Card
Ink Business Unlimited® Credit Card
Welcome bonus offer
Ink Business Cash® Credit Card
Ink Business Unlimited® Credit Card
Rewards rate
5% cash back (5x points) at office supply stores and on internet, cable, and phone services***
2% cash back (2x points) at gas stations and restaurants***
1% cash back (1x points) on all other purchases
1.5% cash back (1.5x points) on all eligible purchases with no capCard benefits
Primary car rental insurance (when renting for business purposes)
Extended warranty
Purchase protection
Travel and emergency assistance services
Roadside dispatch
Ink Business Cash® Credit Card, then a Ink Business Cash® Credit Card
Primary car rental insurance (when renting for business purposes)
Extended warranty
Purchase protection
Travel and emergency assistance services
Roadside dispatch
Ink Business Unlimited® Credit Card, then a Ink Business Unlimited® Credit Card
Review
Ink Business Cash credit card review
Chase Ink Business Unlimited card review
Don’t forget about Chase’s annual-fee Ink card, the Ink Business Preferred® Credit Card. It’s currently offering an even bigger bonus of Ink Business Preferred® Credit Card. While it comes with more benefits, it also charges a Ink Business Preferred® Credit Card annual fee. Read our comparison of all three Chase Ink Business cards to figure out which is best for your situation.
Who is eligible for the Chase Ink Business cards?
Before you apply for any credit card, it’s important to familiarize yourself with any application rules that could affect your chances of approval. For example, some people might not consider the Chase Ink offers because they don’t run a business full-time — without realizing that even part-time businesses or freelancers may qualify for a small-business credit card.
To be considered for a Chase Ink Business card, you’ll usually need at least a good credit score, which means a FICO score of 670 or higher.
However, Chase cards, including the Ink Business Unlimited℠ Credit Card and Ink Business Cash℠ Credit Card, fall under what’s commonly known as the Chase 5/24 rule. Simply put, if you’ve opened five or more credit cards (with the exception of certain business cards) from any bank in the last 24 months, your application will be denied.
The good news is these cards won’t add to your 5/24 total — meaning Chase won’t count them toward your five-card limit in the past 24 months. That’s why if you’re just starting with credit cards, it’s a good strategy to apply for Chase cards (particularly Chase business cards) first.