Why I Signed up for the Chase Business Unlimited

Recently, I received a targeted “Just for You” offer for the Chase Ink Business Unlimited Card. I applied right away and received instant approval, which I am immensely grateful for. The reality is, I never thought I’d be able to get another Chase credit card again since I am way, way over the 5/24 threshold.

Since I am a huge fan of the Ink Business Preferred and use it for all my spending, you may be wondering why I would also want the Chase Ink Business Unlimited. While having one business credit card is technically “enough” and I certainly love the 3x categories the Ink Business Preferred offers, there are several reasons I decided to add another business credit card into the mix:

  • Earn a big signup bonus: The obvious reason to sign up for this card is the fact you get 50,000 points worth $500 in cash back after you spend $3,000 on purchases within three months of account opening. Obviously, I will be transferring these points to my Chase Sapphire Reserve account for 1:1 transfers to airlines and optimal redemptions through the Chase Ultimate Rewards portal.
  • Earn 1.5 points for each dollar we spend: While we use our Ink Business Preferred for most of our business expenses to earn 3x points in popular business categories, I plan to transition some of our non-bonus spendings to the Ink Business Unlimited card. Since this new card gives us 1.5 points for each dollar we spend, doing so is a no-brainer.
  • There’s no annual fee. Finally, the Ink Business Unlimited doesn’t even charge an annual fee. This makes it a keeper card for the long haul, which is important to me. I prefer to minimize annual fees or avoid them altogether when I can.

The Bottom Line

If you’re looking for a business credit card and considering an option from Chase, it’s important for you to take a close look at how each of their cards doles out points. Where the Ink Business Preferred gives out 3 points per $1 on up to $150,000 spent per year in popular bonus categories, you only get 1 point per $1 spent on everything else.

The Ink Business Unlimited, on the other hand, skips over bonus categories altogether in favor of offering 1.5 points for each dollar you spend. Then there’s the Ink Business Cash, of course, which gives you 5% back on up to $25,000 spent each year at office supply stores and on internet, cable, and phone purchases, 2% back on up to $25,000 spent at gas stations and restaurants each year, and 1% back on everything else — and all with no annual fee.

The right card for you depends on where your business spends the most, but you can also pair a few cards together to maximize rewards on every dollar you spend.

Do you have the Ink Business Unlimited? What is your favorite business credit card, and why?


[Featured Image: Chase]

Source: frugal travel guy

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