Signing up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.
Chase issues 3 Chase Ultimate Rewards points earning cards for small businesses. The Chase Ink Business Preferred Credit Card, Chase Ink Business Cash Credit Card, and Chase Ink Business Unlimited Credit Card are all currently offering terrific welcome bonuses, but each are different in points earning and benefits.
It can be confusing to know which card (or cards) are right for you. It mostly depends on your spending and travel habits, so we’re here to help you make the best choice for your small business!
Let’s look at the cards side by side to see which is the best fit for you.
Comparing the Chase Ink Business Cards
Apply Here: Ink Business Preferred℠ Credit Card
Apply Here: Ink Business Cash℠ Credit Card
Apply Here: Ink BusinessSM Unlimited
So how do these cards compare?
Now is a great time to consider a Chase Ink Business card, because all 3 have huge sign-up bonuses after meeting minimum spending requirements:
- Chase Ink Business Preferred: Earn 80,000 Chase Ultimate Rewards points after you spend $5,000 on purchases in the first 3 months of account opening
- Chase Ink Business Cash: Earn $500 bonus cash back (50,000 Chase Ultimate Rewards points) after you spend $3,000 on purchases in the first 3 months of account opening
- Chase Ink Business Unlimited: Earn $500 bonus cash back (50,000 Chase Ultimate Rewards points) after you spend $3,000 on purchases in the first 3 months of account opening
The Chase Ink Business Preferred definitely has the most enticing welcome bonus with 80,000 Chase Ultimate Rewards points after meeting minimum spending. In fact, this is the highest public sign-up bonus we have seen for a Chase small business card.
The other 2 Chase Ink cards offer the same sign-up bonus of $500 bonus cash back (in the form of 50,000 Chase Ultimate Rewards points) after meeting minimum spending, which is an incredible deal for a card with no annual fee.
The Chase Ink Business Preferred has an annual fee of $95. But it comes with extra perks and benefits that make it worth keeping year after year for many folks.
Foreign Transaction Fees
The Chase Ink Business Preferred has no foreign transaction fees, so it’s a good card to use when you’re overseas. If you travel abroad frequently or pay business expenses to foreign vendors, this is the better card to consider.
One of the biggest differences between all of these cards is the spending categories for each card, and which categories earn you bonus points. So think about where your business spends the most money and if your expenses are included in any of these bonus categories.
- Chase Ink Business Preferred:
- 3X Chase Ultimate Rewards points per $1 on the first $150,000 spent in combined purchases each account anniversary year on travel, shipping purchases, internet / cable / phone services, and advertising purchases with social media sites or search engines
- 1X Chase Ultimate Rewards points per $1 spent on everything else
- Chase Ink Business Cash:
- 5% cash back (5X Chase Ultimate Rewards points per $1) on the first $25,000 in combined purchases each account anniversary at office supply stores and cell phone / landline / internet / cable TV services
- 2% cash back (2X Chase Ultimate Rewards points per $1) on the first $25,000 in combined purchases each account anniversary at gas stations and restaurants
- 1% cash back (1X Chase Ultimate Rewards point per $1) on everything else
- Chase Ink Business Unlimited:
- 1.5% cashback (1.5X Chase Ultimate Rewards points per $1) on all purchases with no limits
Now that we look at spending categories we can see how these cards can really compliment each other. While each card has categories that it excels at, the Chase Ink Business Unlimited is a great “catch-all” card to use when spending in a category that doesn’t offer bonus points on the other cards.
The Chase Ink Business Preferred offers more in terms of travel protections than the other 2 cards. It is the only card of the 3 that offers trip delay insurance (after a minimum 12-hour delay or overnight stay up to a $500 maximum per ticket) and trip cancellation / interruption insurance (up to $5,000 per covered trip).
All 3 cards share these same travel protections:
- Primary car rental insurance: On rentals used for business purposes
- Lost Luggage Reimbursement: Up to $3,000 per person
- Travel accident insurance: Up to $500,000
- Baggage delay insurance: Minimum 6-hour delay, $100 maximum per day for 3 days (or up to 5 days with Ink Business Preferred)
The Chase Ink Business Preferred is the better card if you travel a lot because it offers the best travel protection. The other 2 cards still offer great coverage though, especially for no-annual-fee cards.
Cell Phone Protection
Currently, the only card of the 3 that offers cell phone protection is the Chase Ink Business Preferred. As long as you pay your cell phone bill with this card, you will get automatic cell phone insurance.
This includes up to $600 of protection against damage or theft for up to 3 times per 12-month period. There is a $100 deductible, but that still means up to $500 back towards a replacement phone!
You can check out how team member Keith successfully filed a claim with the Chase Ink Business Preferred cell phone insurance after he dropped his phone and cracked the screen.
Common Questions With the Chase Ink Business Cards
Here are some of the most common questions we get about these cards.
Can You Use Points From the Cash Back Cards for Travel?
The Chase Ink Business Unlimited and Chase Ink Business Cash are cash back cards. But, the cash back is earned in the form of Chase Ultimate Rewards points (each point is worth 1 cent when redeemed for cash back or paid travel through the Chase Ultimate Rewards Travel Portal).
But if you have one of Chase’s annual-fee travel credit cards, like the Chase Ink Business Preferred, Chase Sapphire Reserve, or Chase Sapphire Preferred Card, you can combine your points and redeem them at a higher rate through the Chase Ultimate Rewards Travel Portal. Or transfer them to Chase’s airline and hotel partners like United Airlines, Hyatt, and Singapore Airlines!
Can You Have Multiple Ink Business Cards?
Yes, you can apply for and use all 3 of these cards for the same business. And you can combine the points you earn with points from any other Chase Ultimate Rewards points earning cards.
So if you already have one version of the Chase Ink Business cards, you can still get the others!
Does the Chase 5/24 Rule Apply?
All of these cards are treated the same way, in that they are subject to the 5/24 rule but do NOT contribute towards the 5/24 count.
So if you’ve opened 5+ cards in the past 24 months (except Chase business cards and certain other business cards), you likely won’t be approved for any of the Chase Ink Business cards.
However, getting these cards will NOT contribute to your 5/24 count for other Chase cards. So they’re a good pick if you’re trying to stay below 5/24.
Chase offers 3 excellent choices in small business credit cards, all of which earn valuable Chase Ultimate Rewards points:
- Chase Ink Business Preferred: Our Review of Chase Ink Business Preferred
- Chase Ink Business Cash: Our Review of Chase Ink Business Cash
- Chase Ink Business Unlimited: Our Review of Chase Ink Business Unlimited
Folks who travel often will benefit from the Chase Ink Business Preferred because of its increased travel protections, and the 3X points per $1 spent in travel. This is also the only card of the 3 that offers cell phone protection and no foreign transaction fees. But it comes with a $95 annual fee.
We also love the huge 80,000 Chase Ultimate Rewards points welcome bonus after meeting minimum spending requirements.
The Chase Ink Business Cash and Chase Ink Business Unlimited cards are also excellent for small business owners because they offer different bonus points categories. Each have a $500 bonus cash back (50,000 Chase Ultimate Rewards points) welcome bonus after meeting minimum spending requirements. That’s a fantastic deal for a card with no annual fee.
Which card you choose will depend on your spending habits, but they are all excellent options for small business owners. And remember, you don’t have to pick just one! If you already have a Chase Ink card, you’re still eligible to apply for the others.
Which Chase Ink Business card is your favorite?