This is sure to have some business owners very excited.
Today, Chase started accepting applications on its new Ink Business Unlimited card.
They are starting it out with a 50,000 point Ultimate Rewards bonus for $3,000 in spend in 3 months.
What is the Ink Business Unlimited card?
Explained in its simplest terms, it’s the Chase Freedom Unlimited in Business form. It would best compliment your Chase Ink Business Preferred card (which still has an 80,0000 point Ultimate Rewards offer) or your personal Chase Sapphire Reserve. The idea is that you would use the other cards when your purchase is in a 3x bonus category (for instance, internet/cable/phone for the Chase Ink Business Preferred) and the Ink Business Unlimited for other purchases to earn 1.5% instead of the 1% you would earn on “other purchases” elsewhere.
There’s no annual fee.
Remember that you do need an Ultimate Rewards card with an annual fee (Reserve/Preferred or Ink Preferred) if you want to transfer points to travel partners. The points remain combinable for now, despite long-standing rumors Chase may change that.
How’s that bonus? Will it go up?
I doubt it will go up. It may eventually go down to the 30,000 UR bonus that the Ink Cash had been at before Chase boosted that to 50,000 a few months ago. But given that it lacks an annual fee, there’s little to no chance it goes higher.
Is it subject to 5/24?
Almost certainly. All other Ink cards have been.
Should I jump on this now?
If the card meets your needs, you aren’t over 5/24, and you haven’t gone overboard with new applications lately, sure. If you have been going overboard, I wouldn’t tempt Chase taking a look at your credit file for this.
If you want it:
Link to: Business Credit Cards
Have more questions?
That’s what the private MilesTalk Facebook group is for.
New to all of this?
My new “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available now.
