Chase Ink Premier Business Credit Card: Now Open for Online Applications, $1,000 Signup Bonus

【2022.10 Update】This card is now open for online applications, and the signup bonus is still $1,000. Note that this card earns regular cash back, not UR points.

Chase Ink Premier Business Credit Card Overview

【Note】If this is your first time applying for a business credit card, please read the “Business Credit Card Introduction” first.

Perks Analysis

• 2.5% cash back on large purchases: This only triggers on a single transaction of at least $5,000, which is still pretty good for businesses with a lot of large expenses.
• Charge card: This card is a Charge card, which means there is no preset spending limit, making it convenient for large purchases. Introduction to Charge cards
• $1,000 cell phone protection: Use this card to pay, and you can get up to $1,000 in cell phone protection. Introduction to cell phone protection benefits

My Take

Personally, I think this card is pretty average. The $195 annual fee does not come with a higher points-earning rate or some of the more premium benefits. Compared with Ink Business Unlimited, it only gives you an extra 0.5x, plus 2.5x on $5,000 purchases, which is not that meaningful. Of course, for people with higher business spending, it still has some value.

Its biggest weakness is definitely that it earns cash back instead of UR, so its value is basically fixed.

Application:

• It is recommended for applicants with more than one year of credit history
• You need to go to a Chase branch and have a business relationship manager help submit the application for you
• For the business credit card application process, please see Business Credit Card Application Steps

Chase Credit Card Application Guide

• Chase application status check link (login required). Or call: 888-338-2586
• The 5/24 rule: if you have opened more than 5 new cards in the past 2 years (including cards from other banks), you will not be approved for a new Chase card
• You can be approved for at most two Chase credit cards within every 30 days
• If you have received the welcome bonus on this card within the past 24 months (48 months for the Sapphire family), your application will be automatically denied
• You can call the reconsideration line (800-453-9719) to expedite card approval or request a review of a denied application.
• Having a Chase Checking account can help with getting approved for a credit card
• More on applying for Chase credit cards

Application Link: