Looking for a new credit card? Consider one of the Chase Ink Business Cards!

If you're looking for your next travel rewards credit card, the Chase Ink Business cards should be on your radar! You might be wondering which one of the Chase Ink cards is best for you. Let's get into some details!

The Chase Ink Business Preferred, Chase Ink Business Cash, and Chase Ink Business Unlimited are all great options, but they have different features and benefits that may suit your needs better. In this blog post, we'll compare these three cards in terms of rewards, fees, perks, and eligibility, so you can make an informed decision.

But wait, I don't have a business...

Many people assume that they are not eligible for a business credit card, but that is not true. If you have any kind of income-generating activity, such as a side gig, dog walking, or selling items on marketplace, you have a business! And that means you can apply for a business credit card and enjoy its benefits.

Current Welcome Offers:

Chase Ink Business Preferred: 100K points after spending $8K in 3 months

Chase Ink Business Cash: $900 after spending $6K in 3 months

Chase Ink Business Unlimited: $900 after spending $6K in 3 months

Remember: The $900 is actually 90K Ultimate Rewards points!!!

Rewards

The Chase Ink Business Preferred offers the highest rewards rate of the three cards, but also has the highest annual fee. You'll earn 3 points per dollar on the first $150,000 spent each year on travel, shipping, internet, cable, phone, and advertising purchases with social media and search engines. You'll also earn 1 point per dollar on everything else. Plus, you'll get a 25% bonus when you redeem your points for travel through Chase Ultimate Rewards, or you can transfer them to one of Chase's travel partners at a 1:1 ratio.

The Chase Ink Business Cash has no annual fee, but also has lower rewards rates and caps. You'll earn 5% cash back on the first $25,000 spent each year on office supply stores and internet, cable, and phone services. You'll also earn 2% cash back on the first $25,000 spent each year on gas stations and restaurants. And you'll earn 1% cash back on everything else. You can redeem your cash back for statement credits, gift cards, or travel through Chase Ultimate Rewards. ***There is a bonus hack here where you can use your Ink Business cash at Staples or Office Depot to buy gift cards at 5x to purchase things at places that typically would only earn 1x.***

The Chase Ink Business Unlimited also has no annual fee, but offers a flat rewards rate on all purchases. You'll earn 1.5% cash back on every dollar you spend, with no caps or categories to worry about. You can redeem your cash back in the same ways as the Chase Ink Business Cash.

KEY NOTE!!

While the Ink Business Cash and Ink Business Unlimited earn cash back, they are actually Ultimate Rewards points. You can redeem them via the Chase portal for travel, but you cannot automatically transfer them to Chase's transfer partners.

To do that, you need another card that earns Ultimate Rewards, like the Ink Business Preferred or the Chase Sapphire Preferred or Reserve. Then you can combine your points from both cards and transfer them to any of Chase's travel partners.

The Ink Business Preferred rewards are automatically transferrable, so if you don't have a Chase Sapphire Preferred or Reserve, your best card might be the Ink Business Preferred.

Annual Fees

The Chase Ink Business Preferred has an annual fee of $95, which is not waived for the first year. It also has a foreign transaction fee of 3%, which means you'll pay extra when you use your card abroad or in a foreign currency.

The Chase Ink Business Cash and the Chase Ink Business Unlimited have no annual fees or foreign transaction fees, which makes them more affordable and convenient for international travelers.

Perks

The Chase Ink Business Preferred has some valuable perks that can save you money and provide peace of mind. For example, it offers cell phone protection up to $600 per claim for you and your employees when you pay your phone bill with your card. It also offers trip cancellation and interruption insurance up to $5,000 per person and $10,000 per trip, as well as primary rental car insurance when you rent a car for business purposes.

The Chase Ink Business Cash and the Chase Ink Business Unlimited have fewer perks than the Chase Ink Business Preferred, but they still offer some benefits that can come in handy. For example, they offer extended warranty protection that adds an extra year to the manufacturer's warranty of eligible items purchased with your card. They also offer purchase protection that covers your new purchases against damage or theft for 120 days up to $10,000 per claim and $50,000 per account.

Eligibility

To qualify for any of the Chase Ink cards, you need to have a good to excellent credit score (typically 690 or higher) and a verifiable source of income. You also need to have a business entity or be a sole proprietorship. You don't need to have a formal business structure or a large revenue to apply for these cards, but you do need to provide some basic information about your business, such as its name, address, industry, and income.

Chase 5/24 Rule

You should also be aware of the Chase 5/24 rule, which means that if you've opened five or more credit cards from any issuer in the past 24 months, you won't be approved for a new Chase card. This rule applies to both personal and business cards, so make sure you count how many cards you've opened before applying for a Chase Ink card.

Conclusion

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The best Chase Ink card for you depends on your spending habits, preferences, and goals. If you want to earn the most rewards and enjoy the most perks, the Chase Ink Business Preferred may be worth the annual fee. If you want to avoid fees and earn cash back on specific categories, the Chase Ink Business Cash may be a good fit. And if you want to keep things simple and earn cash back on everything, the Chase Ink Business Unlimited may be the best option.

Whichever card you choose, you'll be able to access the Chase Ultimate Rewards portal, where you can redeem your rewards for travel, gift cards, statement credits, and more. As always, I highly recommend not redeeming points for gift cards or statement credits and instead transferring them to transfer partners for max value!

I hope this was helpful and be sure to follow @themilesmatrix on Instagram! If you want to get started with Travel hacking but don't know what card to choose first, I offer fully personalized credit card consultations in my store on the site.