The offer on the card’s official site has dropped to 75,000 points, but the referral link is still at 100,000. Based on past patterns, the 100,000-point offer will likely expire within a week, so act quickly! For a no-annual-fee card, a 100,000-point welcome bonus (worth around $1,500) is extremely rare. If you are eligible, I highly recommend applying. If you have a lot of spending that does not fall into bonus categories, this is a great card to use as your go-to card, since all purchases earn 1.5x. If you spend more in office and other business categories, Ink Cash is the better choice.

I’ve also added this card to the business credit card welcome bonus ranking.

Chase Ink Business Unlimited Business Credit Card Overview

“Note” If this is your first time applying for a business credit card, please carefully read “Introduction to Business Credit Cards” first

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Full review

Chase Ink Unlimited Business Credit Card

1.5x points on all business purchases; no annual fee!

  • Welcome bonus: 100,000 Ultimate Rewards (UR) (spend $8,000 in 4 months)
  • Rewards: 1.5x on all purchases, unlimited
  • Redemption: Redeem for cash back at 100 UR = $1; if you also hold a premium card, points can be transferred 1:1 to airline miles or hotel points, or redeemed for travel at 1:1.25/1.5; point value: 1.6 cents/point
  • Annual fee: $0
  • Apply now>>

Highlights

  • All purchases earn 1.5x: Most credit cards earn 1% cash back, so earning 1.5x cash back is equivalent to getting 50% more than a typical card. If you have the Chase CSP credit card, you can make good use of the UR points you gradually accumulate.
  • 0 APR on purchases: For balances from purchases made within the first 12 months, you only need to pay the minimum each month to avoid interest. Please carefully read “Paying Credit Card Bills with 0 APR”
  • Purchase 0 APR: For balances from purchases made within the first 12 months, as long as you pay the minimum required amount each month, the remaining balance is interest-free. For details, please see “Using 0 APR”
  • Cashback portal (UR mall): Chase’s own shopping portal also offers rewards at merchants including Walmart, Sears, Staples, and Apple Store, making it another good way to earn points quickly.

Introduction to the Points System

  • Point value: The average value is 1.6c/p, so 100 UR = $1.6 (Point Values and Analysis)
  • Direct redemption: Cash redemptions are worth 1c; travel redemptions are worth 1c (without a premium card). Premium hotel redemptions or business/first class flights can yield 1.75c (with Ink Preferred or Sapphire Preferred), and 2c with the Sapphire Reserve.
  • Point transfers: Transfer 1:1 to United miles (good for China–US economy, domestic US economy, and one-way tickets); transfer 1:1 to British Airways miles (good for China–Japan and short-distance domestic US redemptions); transfer 1:1 to Hyatt points (great for Hyatt hotel stays, with value up to 1.8 cents per point).
  • Point features: Ultimate Rewards points can be freely moved among your own cards. They can also be transferred to one designated spouse or partner. To transfer points to airline miles or hotel points, you need support from Ink Preferred, Sapphire Preferred, or Sapphire Reserve. You can also transfer to the mileage or points account of an authorized user.
  • My take: UR’s main airline transfer partners are United Airlines, British Airways, Aeroplan, and Air France. UA can book most Star Alliance award tickets, while BA covers some domestic US AA flights. On the hotel side, Hyatt is the best option and can often deliver about 1.6c in value per point, but Hyatt has a relatively small footprint in the US, so your choices may be limited. If you have the Sapphire Preferred or Sapphire Reserve, booking flights, hotels, and activities through Chase Travel can get you 1.25c/1.5c in value, which is one of the best high-value options for beginners. Cash/gift card redemptions are worth 1 cent.
  • Detailed analysis: Ultimate Rewards Guide >>

My Review

This card follows a similar path to the personal Chase Freedom Unlimited: it earns 1.5x UR on all purchases and has no annual fee. The welcome bonus is quite generous. This card is good for business spending that does not fall into bonus categories, since 1.5x is still much better than the traditional 1x/1%.

Chase currently allows Ink and Ink Preferred to be held at the same time, and holding one does not affect earning the welcome bonus on the other. This card also does not affect Ink Preferred or Ink Cash, so people who already have those two cards can also apply for this new card.

Application

  • If your application is not approved immediately, be well prepared before a manual review (reconsideration). If you do not have a real business, I recommend not calling and simply waiting for an update.
  • For the business credit card application process, please see Business Credit Card Application Steps
  • Application difficulty: I recommend applying if you have more than one year of credit history; having a Chase business checking account is even better
  • 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 any 30-day period
  • 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 credit card approval or request another review of a denied application.
  • Having a Chase Checking account can help with getting approved for a credit card
  • More information on applying for Chase credit cards

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