Ink Business Unlimited Credit Card Review: Sign-up bonus worth up to $1,800 for travel

Editor’s Note: This post has been updated with new information.

The Ink Business Unlimited Credit Card is one of the best business cards that don’t charge an annual fee as it earns 1.5% on every purchase. The card also now has the highest ever cash reward of $900 that you can earn after spending $6,000 within the first three months of account opening. Card Rating*: ♥ ⭐⭐⭐

*Tag ratings are based on the opinions of TPG editors and are not influenced by the card issuer.

The Ink Business Unlimited Credit Card is a small business card that closely reflects the popularity Unlimited pursuit of freedom, but with a much higher referral bonus. There is no annual fee and its simple reward structure is worth more than it might seem at first glance.

While there are other cards that earn 1.5% cash back (or more), with the Ink Business Unlimited card you earn cash in the form of Chase the ultimate bonus points. Those Chase points can become significantly more valuable if you also have a premium Ultimate Rewards card. That’s because then you can combine Chase points from your account and then pass them on to the various airline and hotel partners of the Ultimate Rewards program.

Ink Business Unlimited is a business credit card and therefore suitable for people with small businesses. While not everyone is Eligible for a business credit cardit may be easier to get approved than you think because freelance businesses and other proprietary businesses can be seen as a business in the eyes of Chase and many other issuers.

Apply now: Ink Business Unlimited Credit Card with an unmatched bonus of $900 after spending $6,000 in the first three months of opening your account.

For starters, like almost all Chase cards, applications for Ink Business Unlimited are limited by 24/5 rule, so you’ll want to double-check that you’re eligible before you apply. That said, since it is a business credit cardit will not count towards your 5/24 limit once you have been approved.

Ink Business Unlimited has no bonus category. It earns a fixed rate of return on all purchases, so this card is suitable for anyone who doesn’t want to expend mental energy juggling spending categories. If you don’t mind that, it’s still a great product to fill the void in non-reward spending. Combine it with a card that offers the best bonus categories for your business, whether it’s tourism, have dinner, stationery or Online Advertising.

The card has no annual fee and offers an initial annual percentage rate (APR) of 0% on purchases within 12 months of account opening. You will then pay a variable APR of 17.49% – 23.49%. It’s a good option if you’re about to have a large purchase that you’ll need to pay off over time.

Related: A guide to applying for a credit card for small businesses

$900 cashback earned in the form of uber-flexible Chase Ultimate Rewards (90,000 points), which you can redeem at the rate of 1 cent per point as cash, gift cards, or travel booked through the Chase Travel portal.

However, you can double your profits (potentially) if you combine Ink Business Unlimited with a card that earns transferable Ultimate Rewards points such as Chase Sapphire Priority Card. Based on TPG . valuation, 90,000 Ultimate Bonus Points worth $1,800. That’s a pretty big perk for a card that doesn’t charge an annual fee.

You get what you pay for in benefits, so it’s no surprise that Ink Business Unlimited doesn’t offer as many perks as other cards with higher annual fees. Its benefits are identical to those offered by Ink business cash credit cardbut they are not quite as good as the perks offered on Ink . Business Preferred Credit Card. Most notably, you won’t get mobile phone protection or trip cancellation/interruption insurance.

Here’s a quick rundown of what’s included:

• Purchase Protection: Covers new purchases for up to 120 days against damage or theft, up to $10,000 per claim and $50,000 per account.
• Car rental collision damage exemption: When you rent a car for business using Ink Business Unlimited, you can opt out of the rental car company’s collision insurance and get card coverage for the car’s cash value in theft or collision damage. This applies to most rentals in the United States and abroad, and Insurance is keywhich means it is applied before your own auto insurance policy.
• Warranty extension: Extend the US manufacturer’s warranty period by one year for qualified warranties of three years or less.
• Employee card at no extra cost: If employees are allowed to use the account, they will be authorized users and will have the same charging privileges, unless you set a personal spending limit.

For example, if you buy airline tickets with this card, you can skip rewards of up to 5 points for every dollar that a card like Chase Sapphire Reserve offer (when booking through Chase Travel Portal).

The same goes for paying for office supplies or internet services. The Cash in ink business earn 5% cash back on first $25,000 spent on combined purchases at office supplies stores and on internet, cable, mobile and landline services each year account concept (1% later). It also earns 2% back on the first $25,000 spent on combined purchases at gas stations and restaurants each account year.

Be careful to only rate this card based on its cashback value. The unlimited cashback offered by this card won’t give you the best return out of the Cashback business credit card – if you exchange for cash, anyway.

How to redeem rewards with Ink Business Unlimited

There are several main ways to redeem your rewards: cash back, gift cards, travel, or goods and services offered through Chase’s rewards program. If you’re exchanging for cash, you can receive your money as a statement credit or through an electronic deposit into a qualifying U.S. checking or savings account. Each point is redeemed for cash, a gift card, or a 1-cent worth of travel.

You can increase your redemption rate to an effective return of 3% (based on TPG’s valuation) on all spends if you convert your points to the official rate Ultimate reward personal or business cardsuch as:

The remaining card must be registered with you, the company owner or a member of your family to be eligible for transfer.

Ink Business Unlimited can represent an incredible value proposition when partnering with any of these cards. Once you transfer points to an account that earns Ultimate Rewards, you can transfer them to a valuable account airline and hotel partners or book a ride directly through the Chase portal and get a flat value of your points (1.5 cents per point with Chase Sapphire Reserve; or 1.25 cents per point with Chase Sapphire Preferred or Ink Business Preferred).

Depending on the transfer partner you choose, you can get more than 2 cents per point in value. For example, you can transfer 97,000 points to Singapore Airlines’ KrisFlyer to book a one-way, first-class flight from New York City to Frankfurt that normally costs $5,000 or more, earning you almost 6 cents each point .

Related: The Power of Chase Trifecta: Sapphire Reserve, Ink Preferred and Freedom Unlimited

Ink Business Unlimited’s competitors are cards that offer a similar return on every spend. Business credit card Fixed rate bonus offers include:

• Capital One Spark Miles for Business: Earn 2 miles per dollar on all purchases. Earn a signup bonus of 50,000 bonus miles after spending $4,500 on purchases in the first three months of account opening. The referral annual fee is $0, then $95.
• Capital One Spark Cash Option for business: Earn 1.5% cash back on all purchases. Earn a $500 signup bonus after you spend $4,500 on purchases within three months of account opening. This card has no annual fee.
• Blue Business® Plus credit card from American Express: Earn 2 points per dollar on all qualifying business purchases up to $50,000 per calendar year (1 point per dollar thereafter). This card has no annual fee (see rates and fees) and is currently offering a referral bonus of 15,000 Membership Rewards Points after you spend $3,000 on qualifying purchases within the first three months of becoming a card member.

Information about Capital One Spark Cash Select has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Blue Business Plus is the only credit card in this group that can be worth more than Ink Business Unlimited. As American Express Membership Rewards Points are worth 2 cents each, according to TPG valuations, you’ll earn points worth 4 cents for every dollar spent on purchases that qualify for 2 points per dollar. la. And these points are instantly transferable to partners; You don’t need to carry another card to enable this function.

The Unlimited ink business is a worthwhile option for everyday spending if you combine it with the right card. Ink business cash credit card And Ink . Business Preferred Credit Card does not offer a sure return on daily spending, not bonuses, so this card fills that void.

You can really maximize your business credit card rewards by pairing Ink Business Unlimited with one of the other ink card and personal Ultimate Rewards cards like Chase Sapphire Reserve. Beware of the limitations of Follow the 5/24 . rulein spite of.

One advantage to opening a Chase business credit card is that they won’t add to your Chase 5/24 count once they’ve been opened, although applying for them in the first place is subject to rules. So if you’re eligible for a business credit card, it’s a smart strategy to apply for a Chase business card before you sign up for a personal credit card from Chase or other banks. This will count towards that 5/24 limit.

Official app link: Ink Business Unlimited® credit card.

Additional reporting by Ryan Wilcox, Mike Cetera and Joseph Hostetler.

For Blue Business Plus Card rates and fees, click This.