I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.
Both of Chase’s no annual fee small business cards, Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card, have increased their initial bonus offers by 50% and are now offering biggest-ever bonuses.
- The Ink Business Unlimited® Credit Card has an initial bonus offer to earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
Your ongoing spend will earn unlimited 1.5% cash back on every purchase made for your business.
- The Ink Business Cash® Credit Card has an offer to earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening.
Ongoing earn is rich especially 5x categories: Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; earn 1% cash back on all other card purchases with no limit to the amount you can earn.
Think of both of these offers as 75,000 points, which – if you have an Ultimate Rewards card whose points transfer to airline miles and hotel points – can be combined into one of Chase’s annual fee Ultimate Rewards products, and then transferred to a variety of loyalty program partners.
I have been sitting here wracking my brain trying to think of a time there has ever been a bigger initial card bonus offer on a no annual fee card and I am pretty certain there never has been, ever.
Now, I have a Chase Freedom Unlimited® card which is the personal card equivalent of the Ink Business Unlimited® Credit Card. It has no annual fee and earns 1.5x on everything. I product changed to it, I did not receive an initial bonus for mine.
I do have the Ink Business Cash® Credit Card. A couple of years ago I product changed my old Ink Plus card to it. I’ve found this to be a key part of my mileage-earning for the 5 points per dollar at office supply stores as well as on phone, internet, and cable services (on the first $25,000 spent combined in these categories each cardmember year).
Points from no annual fee Chase cards don’t transfer to airline miles, they’re worth cash at one cent per point. So they advertise 5% back and 2% back categories. However you can transfer the points to a Chase card whose points transfer to miles, and thus increase their value.
You absolutely want one Chase card whose points transfer to miles:
- Ink Business Preferred® Credit Card has an offer to earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. It earns 3 points per dollar on the first $150,000 spent each account anniversary year on travel – that’s airlines, hotels, Uber – and on shipping and advertising on social media and search engines, so great for anyone who advertises on Facebook or Twitter, or who spends money advertising with Google.
- Chase Sapphire Preferred Card lets you earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. I suggest that as the number one card to get started with in miles and points. The card earns two points on travel and dining at restaurants and 1 point per dollar spent on all other purchases worldwide.
- Chase Sapphire Reserve® 50,000 point signup bonus after $4000 spend within 3 months; triple points on travel and dining; Priority Pass Select membership with free guests; $300 travel credit.
My next step, after considering adding an Ink Business Cash® Credit Card with this phenomenal offer, is to change my legacy Freedom card to the Chase Freedom FlexSM with its 5% cash back on up to $1500 in eligible combined purchases in rotating categories; 5% on travel purchased through Chase; 3% on dining at restaurants and drugstores.
Ultimately in addition to being thrilled to the moon at these big new offers, I think I’m most excited to see Chase continuing to be aggressive with new cardmember acquisition – and not just with their personal cards, but with small business cards too. Bear in mind that 5/24 applies to Chase rewards cards of course, so you should consider these if you’ve had fewer than 5 new cards in the last 24 months.
CitiBusiness® / AAdvantage® Platinum Select® Mastercard® Earn 65,000 AAdvantage miles.