Ink Business Unlimited® Credit Card Review: A Simple Card With Big Rewards For Business Owners
Rating as of Dec. 10, 2020 based on a review of services October 28, 2022.
- Good/
- Excellent
The Ink Business Unlimited® Credit Card opens up with a $900 cash back bonus after spending $6,000 in the first three months from account opening; includes 1.5% cash back on all purchases and charges no annual fee.
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Earn $900 in bonus cash back after spending $6,000 in the first three months of account opening
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Earn an unlimited 1.5% cash back on all purchases
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No annual fee
- Best Offer Ever: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
- 0% introductory APR for 12 months on purchases
The Ink Business Unlimited® Credit Card is a cash back credit card with an attractively simple rewards structure: for every purchase you make using the card, you’ll earn 1.5% cash back. There are no restrictions or earning categories, and unlimited earning potential on every purchase made for your business.
If you’re a small business looking for an easy-to-use credit card that rewards you specifically for your business purchases, this card is almost a no brainer. Let’s take a deeper dive into all that the Ink Business Unlimited® Credit Card has to offer!
Ink Business Unlimited® Credit Card overview
- Best for – Unlimited cash back.
- Intro offer – $900 when you spend $6,000 in the first three months.
- Annual fee – $0.
- Cash back – 1.5% cash back.
- Intro APR – 0% Intro APR on Purchases for 12 Months.
- Regular APR – 16.24% - 22.24% Variable.
- Other features – Fraud protection, purchase protection, and account alerts.
Ink Business Unlimited® Credit Card in-depth analysis
The Ink Business Unlimited® Credit Card is a great cash back rewards card for business owners, with lucrative rewards, an attractive sign-on bonus, and no annual fee.
Rewards
One of the main benefits of the Ink Business Unlimited® Credit Card is the simplicity and unlimited earning potential of its cash back rewards. Cardholders earn unlimited 1.5% cash back on all purchases, with no specific earnings categories or restrictions. This means that the card is a great fit for business owners who may not spend a lot in any one area, but who are interested in earning above-average rewards across the board.
There are a variety of redemption options when it comes to cash back, including straightforward cash back as well as gift cards, Amazon purchases, and technology purchases, and more through Chase Ultimate Rewards®.
Bonuses
The card also comes with a $900 cash back bonus for cardholders who spend $6,000 on purchases in the first three months. This lucrative bonus is a great perk for business owners who have enough monthly expenses to qualify.
APR
Another benefit of the Ink Business Unlimited® Credit Card is the 0% Intro APR on Purchases for 12 Months. This means that cardholders won’t have to pay interest for the first 12 months, which is a great deal if you have a major purchase on the horizon that you’re looking to put on a rewards credit card. After the introductory period, the APR is 16.24% - 22.24% Variable, which is still a very competitive rate.
Annual fee
This card comes with a $0 annual fee, making it a great choice for cost-conscious business owners looking to save money.
Other fees
While the Ink Business Unlimited® Credit Card doesn’t charge an annual fee, it does come with a few other fees, including:
- Balance transfer fees – $5 or 5% of the amount of each transfer, whichever is greater.
- Cash advances – Either $15 or 5% of the amount of each transaction, whichever is greater.
- Foreign transaction fees – 3% of the amount of each transaction in U.S. dollars.
- Late payment fee – $40.
- Return payment fee – $40.
Fraud and purchase protections
Other unique benefits of the Ink Business Unlimited® Credit Card include fraud protection, purchase protection, and personalized account alerts. These perks ensure that your money is always safe, and reduces your risk of fraudulent charges and identity theft.
Read more: Protect Your Self From Identity Theft: How To Prevent Credit Card Fraud
Employee cards at no additional cost
Have employees that also need access to the business credit card? Chase makes it really easy to add additional employees to the account, and employee cards are available at no additional cost.
This is a great perk for businesses with multiple employees who handle purchases and expenses, and is much easier than keeping track of receipts and reimbursements.
Travel and purchase protection
Chase offers some sweet travel and purchase benefits to go along with your card. These include:
- Travel and emergency assistance.
- Roadside dispatch.
- Auto rental collision damage waiver (so you don’t need to get your rental car company’s overly-expensive insurance).
- Purchase protection.
- Extended warranty protection.
Read more: Best Credit Cards For Travel Insurance
How much can you earn with the Ink Business Unlimited® Credit Card
How much you’ll earn will ultimately be determined by how much your business spends. For the sake of demonstrating just how lucrative the Ink Business Unlimited® Credit Card can be, here are two examples. One assumes a monthly spending of $5,000 (aka, a Budget Spender), while the other assumes a monthly spending of $10,000 (aka, a Premium Spender).
Budget Spender – monthly spending of $5,000
Spending per month Earnings after 1 year Earnings in subsequent years
Purchases $5,000 $900 $900
Annual fee -- $0 $0
Sign-up bonus -- $900 after spending $6,000 in the first three months after account opening N/A
Total earnings -- $1,800 $900
Premium spender – monthly spending of $10,000
Spending per month Earnings after 1 year Earnings in subsequent years
Purchases $10,000 $1,800 $1,800
Annual fee -- $0 $0
Sign-up bonus -- $900 after spending $6,000 in the first three months after account opening N/A
Total earnings -- $2,700 $1,800
Pros & cons
Pros
- No annual fee — This card has no annual fee, so all the rewards you earn go straight into your pocket.
- Cash back — Earn unlimited 1.5% cash back on all purchases.
- Intro APR — With a 0% introductory APR, this is a great card if you're looking to make any major purchases in the near future.
- Sign-on bonus — Earn $900 after you spend $6,000 on purchases in the first three months.
- Fraud protection — With fraud protection, purchase protection, and personalized account alerts, you can be sure that your account is safe.
Cons
- Other fees — This card charges balance transfer, cash advance, and foreign transaction fees.
- No bonus categories — The card earns a flat 1.5% cash back with no bonus categories, so it might not be a good fit if you do a lot of spending in one area.
The Ink Business Unlimited® Credit Card compared
Chase offers several other cards that are similar to the Ink Business Unlimited® Credit Card and also come with great rewards. These include the Ink Business Preferred® Credit Card and the Ink Business Cash® Credit Card. Here’s a look at how they compare:
Ink Business Unlimited® Credit Card Ink Business Preferred® Credit Card Ink Business Cash® Credit Card
Cash back Unlimited 1.5% cash back 3x points on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines, 1x on everything else 5% back on office supplies, phone, cable, and internet, 2% back on gas and restaurants, and 1% back on everything else
Annual fee $0 $95 $0
Intro offer $900 when you spend $6,000 in the first three after account opening 100,000 bonus points after you spend $15,000 on purchases in the first three months after account opening $900 when you spend $6,000 in the first three months after account opening
APR 16.24% - 22.24% Variable 18.99% - 23.99% Variable 16.24% - 22.24% Variable
While the Ink Business Unlimited® Credit Card is a great contender for a business rewards credit card, there are some other good options available as well including the Brex 30 Card and the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®.
Ink Business Unlimited® Credit Card CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Brex 30 Card
Cash back Unlimited 1.5% cash back on all purchases 2x points on cable, satellite, American Airlines, gas station, and car rental purchases, 1x points on everything else 7x points on any rideshares, 4x points on flights and hotels you book through Brex Travel, 3x on dining out, 1x on all other purchases
Annual fee $0 $99 $0
Intro offer $900 after you spend $6,000 in the first three months 65,000 bonus miles after $4,000 in purchases within the first four months N/A
APR 16.24% - 22.24% Variable 15.99% to 24.99% variable APR N/A
Brex 30 Card
The Brex 30 Card is an interesting card in the business world. It’s meant mostly for startups that already have some funding available ($100,000 without investors, $50,000 with investors). If you do qualify, you can earn some pretty stellar rewards. You’ll earn 7x points on any rideshares, 4x points on flights and hotels you book through Brex Travel, 3x on dining out, 1x on all other purchases.
The Brex 30 Card also comes with the option of opening a Brex Cash Account, which allows you to accept and send funds via ACH and wire for free. This is fairly unique within the industry, so for businesses looking for a bank and credit card combo, the Brex 30 Card may be the right choice for you.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®
The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is perfect for business owners that travel frequently, and especially those who use American Airlines. When you sign-up and get approved for the card, you’ll be eligible to earn 65,000 American Airlines AAdvantage® bonus miles after you spend $4,000 within the first four months of account opening.
You’ll earn 2x points on cable, satellite, American Airlines, gas station, and car rental purchases. As well as 1x points on all other purchases. If these are the areas you find you spend in the most, this card offers plenty of great perks and should be on your list of worthwhile cards.
Should you get the Ink Business Unlimited® Credit Card?
The Ink Business Unlimited® Credit Card is a great option for business owners who are looking for a simple cash back card with great perks and no specific earnings categories. With a flat rewards rate of 1.5% cash back on all purchases, this card is a good fit for business owners with expenses in many different categories.
With no annual fee, a generous sign-on bonus, and an introductory 0% Intro APR on Purchases for 12 Months, this card is a great opportunity for business owners to earn extra on purchases they already make each month.
However, borrowers with poor to average credit probably won’t qualify for this card, and business owners with a lot of expenses in one particular category can find better options elsewhere.
How to apply for the Ink Business Unlimited® Credit Card
To apply for the Ink Business Unlimited® Credit Card, you’ll first need to navigate to Chase’s website. Once there, you can apply as a guest or sign in to your Chase account if you use them for another financial product (this will make the application process go a little smoother).
The application requires both personal information, like your name, address, and credit profile, as well as business information, like how much your business earns and how many people you employ. Once you submit the application, Chase will evaluate it and get back to you if they decide to offer you a card.
Summary
Overall, the Ink Business Unlimited® Credit Card is a great rewards credit card with a competitive cash back rate. Due to its unlimited earnings potential, this card could be a good potential fit for businesses of all sizes and income levels. With a $900 sign-on bonus, no fee, and a great introductory APR, the Ink Business Unlimited® Credit Card covers all the bases.
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